Robit Oyj

Regulatory Filings • Apr 23, 2024

Disclosure 445442

Robit Oyj - Other information disclosed according to the rules of the Exchange

ROBIT PLC UPDATES ITS LONG-TERM FINANCIAL TARGETS

ROBIT PLC STOCK EXCHANGE RELEASE 23 APRIL 2024 AT 8.30 EEST

ROBIT PLC UPDATES ITS LONG-TERM FINANCIAL TARGETS

Robit Plc has updated its long-term financial targets. The company’s new long-term target is to grow faster than market growth and achieve a 10 percent comparable EBIT profitability.

Formerly, Robit’s long-term target was to achieve organic net sales growth of 15 percent annually and comparable EBITDA profitability of 13 percent.

ROBIT PLC

Arto Halonen

Further information:

Arto Halonen, Group CEO

+358 40 028 0717

arto.halonen@robitgroup.com

Distribution:

Nasdaq Helsinki Ltd

Key media

www.robitgroup.com

Robit is the expert focused on high quality drilling consumables for mining and construction markets globally to help you drill Further. Faster. Robit strives to be world number one company in drilling consumables. Through our high and proven quality Top Hammer, Down the Hole and Geotechnical products, and our expert services, we deliver saving in drilling costs to our customers. Robit has its own sales and service points in seven countries and an active distributor network through which it sells to more than 100 countries. Robit’s manufacturing units are located in Finland, South Korea, and the UK. Robit’s shares are listed on Nasdaq Helsinki Ltd. Further information is available at www.robitgroup.com.