Inderes Oyj,

Company Announcement 19 November 2024 at 1:00 pm EET

Inderes starts a share buyback programme

The Board of Directors of Inderes Oyj has decided to start a share buyback programme. Inderes has a strong balance sheet and operations that generate solid cash flow. The Board has evaluated that currently share buybacks are in the interest of our shareholders.

The share buyback programme will commence on 22 November 2024 at the earliest and will end on 21 March 2025 at the latest. The total number of Inderes Oyj shares to be repurchased may not exceed 15,000 shares, which corresponds to approximately 0.87 percent of all shares in the company. The volume limit for the buy-back programme is based on the average daily volume of the month preceding the announcement of the buy-back programme. In October 2024, the average trading volume was 1,749 shares, meaning that the maximum daily volume of 25 percent corresponds to 437 shares. The maximum amount to be used for the purchase of shares is MEUR 0.3. The shares will be acquired otherwise than in proportion to the shareholdings of the shareholders, by public trading at the market price at the time of acquisition on Nasdaq First North Growth Market Finland maintained by Nasdaq Helsinki Ltd. Treasury shares will be repurchased with the company's free equity capital.

The share buyback programme is based on the authorisation granted by the Annual General Meeting on 11 April 2024. The authorisation is valid until the next Annual General Meeting of Inderes Oyj or until 30 June 2025 at the latest.

Shares are acquired for use as consideration in possible acquisitions or other business arrangements, to finance investments, as part of the company's incentive scheme, to be held by the company, or otherwise to be transferred or cancelled.

Inderes Oyj currently does not have treasury shares. The share buyback programme will be carried out by Lago Kapital Oy.

Contact information:
Mikael Rautanen
CEO, Inderes Oyj
mikael.rautanen@inderes.fi
+358 50 346 0321

Certified Adviser:

Sisu Partners Oy

Jori-Pekka Rautalahti
jori-pekka.rautalahti@sisupartners.com
+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/