Inderes Oyj,

Company Release May 7, 2025 at 4:00 pm EEST

Inderes Oyj carries out a directed share issue as part of the employee share savings plan

The Board of Directors of Inderes Oyj has today decided on the issuance of a total of 35 991 new shares as part of the share savings plans directed at the personnel of the company and its wholly owned group companies.

Matching shares of the 2023-2025 employee share savings plan

In accordance with the terms of the employee share savings plan that began in 2023, a total of 18,628 shares will be issued, representing 1.1 percent of the total number of Inderes Oyj shares before the issuance of new shares and 1.1 percent of the total number of shares after the issuance of all new shares. The matching shares to be issued under the terms of the 2023-2025 employee share savings plan are free of charge.

More information on the 2023-2025 employee share savings plan is available in the Finnish company release published on April 25, 2023.

2025-2027 employee share savings plan

The shares to be granted under the terms of the 2025-2027 employee share savings plan have been subscribed for at a price of EUR 17.28 per share. The subscription price is based on the daily volume-weighted average share price of Inderes Oyj’s share between January 24, 2025 and April 23, 2025 minus a 10% discount. The daily price of the share is calculated based on the closing price of each day. The subscription price will be recognized in its entirety in the company’s reserve for invested unrestricted equity.

In total, 58 employees participated in the share savings plan. More information on the 2025-2027 employee share savings plan is available in the company release published on March 28, 2025.

A total of 17,363 shares are issued under the new share savings plan, representing 1.0 percent of the total number of Inderes Oyj shares before the issuance of the new shares and 1.0 percent of the total number of shares after the issuance of all new shares.

Shares to be issued

The share issue is based on the authorization granted by the Annual General Meeting on April 10, 2025.

The new shares from the employee share savings plans are expected to be registered in the trade register on May 16, 2025. Trading in new shares is expected to begin on May 19, 2025, depending on the registration schedule of the shares. The number of shares in the company after the registration of the new shares is 1,755,132 shares.

Inderes Oyj does not have separate bonus arrangements or management incentive schemes in place. The purpose of the share savings plan is to strengthen the commitment of all employees to the company's long-term development and to strengthen the company's attractiveness as an employer. The company's board of directors believes that the plan has a positive impact on the company's development in the future and is therefore in the interest of the shareholders. For these reasons, the Board of Directors also sees that there is a weighty financial reason as referred to in Chapter 9, Section 4 of the Limited Liability Companies Act for the implementation of the share savings plan and the deviation from the shareholders' pre-emptive subscription right.

Contact information:

Mikael Rautanen
CEO
mikael.rautanen@inderes.fi
Tel. +358 50 346 0321

Certified advisor:

Sisu Partners Oy
Jori-Pekka Rautalahti
jori-pekka.rautalahti@sisupartners.com
Tel. +358 50 382 9323

Juha Karttunen
juha.karttunen@sisupartners.com
Tel. +358 40 555 4727

Inderes in brief

Inderes is a Nordic investor media connecting investors and listed companies. We provide in-depth equity research and investor relations solutions to help over 400 listed companies better serve the Nordic investor community. Inderes operates in Sweden, Finland, Denmark, and Norway and is listed on Nasdaq First North Growth Market. Read more: https://group.inderes.com/en/