The Board of Directors of Tecnotree Corporation ("Tecnotree" or "Company") has today resolved to accept share subscriptions based on the conversion of the Compulsory Convertible Debentures issued on 22 June 2023 ("CCD Notes") pursuant to the conversion requests received by the Company. In the said share subscriptions, the lenders of the CCD Notes subscribed a total number of 5,781,523 new shares (the "New Shares") in the Company by exercising special rights issued in connection with the CCD Notes. The conversion right was based on the accelerated conversion right triggered pursuant to the terms of the CCD Notes by the public tender offer published on 27 January 2026.

The terms of the CCD Notes were disclosed in stock exchange release on 22 June 2023, as amended due to the reverse split as disclosed in stock exchange release on 19 April 2024.

The subscription price per each New Share was EUR 3.909 (rounded) in accordance with the terms of the CCD Notes. The subscription price of the New Shares was paid by setting it off against the principal of the CCD Notes in the total amount of EUR 22,600,000. The subscription price of the New Shares was entered in its entirety into the Company's invested non-restricted equity fund.

The Company expects the New Shares to be registered with the Trade Register on or about 19 February 2026. The New Shares are of the same class as the Company's other shares and entitle to the same shareholder rights as the Company's existing shares after their registration and entering into book-entry accounts of the subscribers.

The Company shall apply for the admission of the New Shares to public trading on the stock exchange list of Nasdaq Helsinki Ltd on or about 20 February 2026, after an exemption document pursuant to the Annex IX to the European Parliament and Council Regulation (EU) 2017/1129 has been prepared and disclosed.

After the registration of the New Shares in the Trade Register, the total number of the shares in the Company is 22,834,773 shares.