BOREO PLC Stock exchange release 29 April 2025 at 09:05 EET

The Board of Directors of Boreo Plc decided on a new stock option scheme

Based on the authorization of the annual general meeting of the Boreo Plc (“Company”), Company’s board of directors (“Board”) has decided to establish a stock option program 2025 as an incentive program for the group’s management.

Company shall issue the maximum total number of 90,000 stock options entitling to subscribe for a total maximum of 90,000 new shares in the Company or Company’s own shares that are in Company’s custody.

The stock options shall, in deviation from the shareholders’ pre-emptive subscription rights, be gratuitously issued, and as resolved by the Board to the personnel of the Company and its group companies in order to increase the commitment and work motivation of the option holders. The stock options are intended to form a part of the group’s incentive program and therefore there is weighty financial ground for deviating from the shareholders’ pre-emptive subscription right.

Each stock option shall entitle its holder to subscribe for one (1) share in the Company. As a result of the share subscriptions, the number of the Company’s shares may be increased by a maximum total of 90,000 new shares, which corresponds approximately 3.2 percent of Company’s all shares.

The subscription period shall commence on 1 June 2028 and each option holder shall have a right to subscribe shares during two (2) years in maximum of four (4) instalments. The subscription period for shares shall end on 31 May 2030.

The subscription price for the shares shall be paid fully in connection with the subscription of the shares. The subscription price shall be recorded in the reserve for invested non-restricted equity. The Board shall resolve all additional matters concerning the share subscription.

The subscription price for each share shall be EUR 15.11. The subscription price is based on the 30-trading day volume-weighted average price of the Company’s share in Nasdaq Helsinki Oy before resolution on the option programme (13.74 €) added with a premium of 10 %. The volume-weighted average price of the Company’s share in Nasdaq Helsinki Oy for 90 trading days before the resolution on the option programme was 11.31 € and the closing price of April 28, 2025 14.05 €.

Attachment:

Boreo Plc’s stock option program 2025, Terms and Conditions

In Vantaa, 29 April 2025

Boreo Plc

Kari Nerg

CEO

Distribution:
NASDAQ Helsinki Ltd
Principal media

www.boreo.com

For more information:

CEO Kari Nerg

+358 44 341 8514

CFO Jesse Petäjä

+358 40 706 9450

Boreo in brief:

Boreo is a company listed on Nasdaq Helsinki that creates value by owning, acquiring and developing small and medium-sized companies in the long-term. Boreo's business operations are organized into two business areas: Electronics and Technical Trade.

Boreo's primary objective is sustainable long-term profit generation. This is achieved with a business model that is based on the acquisition and ownership of great entrepreneurial companies with ability to generate sustainable long-term earnings growth and strong cash flows. The profits generated by the portfolio of companies are re-invested back to operations or to acquisitions with attractive expected returns on capital. The decentralized operating structure promoting culture of ownership and release of entrepreneurial energy is a core pillar of the firm’s business concept and sustainable earnings growth is ensured through the support and coaching of companies and the personnel.

The Group's net sales in 2024 were EUR 134 million and it employs over 300 people in seven countries. The company’s headquarter is in Vantaa.