Pihlajalinna Oyj

Major Shareholding Notification • Apr 9, 2024

Pihlajalinna Plc: Flagging announcement in accordance with Chapter 9, Section 10 of the Securities Markets Act

Pihlajalinna Plc Stock exchange release 9 April 2024 at 2:45 p.m.

Pihlajalinna Plc: Flagging announcement in accordance with Chapter 9, Section 10 of the Securities Markets Act

Pihlajalinna Plc has on 9 April 2024 received a notification under Chapter 9, Section 5 of the Securities Market Act, according to which the holding of LähiTapiola Keskinäinen Henkivakuutusyhtiö in Pihlajalinna Plc's shares and votes has risen above 10 per cent on 8 April 2024. The holding of LähiTapiola Keskinäinen Henkivakuutusyhtiö has increased to 10.15 per cent and 2,295,656 shares of the total of Pihlajalinna's shares and votes.

Pihlajalinna has a total of 22,620,135 shares. Each share entitles its holder to one (1) vote.

Total positions of LähiTapiola Keskinäinen Henkivakuutusyhtiö:

	% of shares and votes	% of shares and votes through financial instruments	Total %	Total number of shares and votes in the target company
Holding after reaching or exceeding the flagging notification threshold	10.15%	0%	10.15%	22,620,135
Holding reported in the previous flagging notification (if flagged)	8.38%	0%	8.38%

Information on the share of ownership and voting rights after the exceeding of the flagging notification threshold:

A: Shares and votes

Series of shares/share type	Number of shares and votes		% of shares and votes
	Direct (AML 9:5)	Indirect (AML 9:6 and 9:7)	Direct (AML 9:5)	Indirect (AML 9:6 and 9:7)
PIHLIS / FI4000092556	2,295,656		10.15%
A Total	2,295,656		10.15%

Details of the party obligated to submit the flagging notification:

The entire chain of control (starting from the controlling natural or legal person) through which the shares, voting rights or financial instruments are controlled:

Name	% of shares and votes	% of shares and votes through financial instruments	Total shares, votes and financial instruments
LähiTapiola Keskinäinen Henkivakuutusyhtiö	10.15%	0%	2,295,656

The flagging notification is due to the LocalTapiola Group's internal transaction, by which LähiTapiola Keskinäinen Vakuutusyhtiö sold the shares of Pihlajalinna Plc to LähiTapiola Keskinäinen Henkivakuutusyhtiö. LähiTapiola Keskinäinen Vakuutusyhtiö and LähiTapiola Keskinäinen Henkivakuutusyhtiö own a total of 6,104,684 shares or 26.99 percent of all shares and votes in Pihlajalinna Plc.

Further information:

Tarja Rantala, CFO, +358 40 774 9290 or tarja.rantala@pihlajalinna.fi Tuula Lehto, VP, Communications and Sustainability, +358 40 588 5343 or tuula.lehto@pihlajalinna.fi

Distribution:

Nasdaq Helsinki Major media investors.pihlajalinna.fi

Pihlajalinna in brief

Pihlajalinna is one of the leading providers of private healthcare and social services in Finland. The Group provides comprehensive and quality private clinic and hospital services as well as occupational healthcare and insurance cooperation services. To the wellbeing services counties Pihlajalinna offers social and healthcare service production models, in which the cooperation between the public and private sectors guarantees effective services for citizens. More than 7,000 employees and 2,200 practitioners work at Pihlajalinna. In 2022, Pihlajalinna's revenue was 690.5 million euros. Pihlajalinna's shares are listed on Nasdaq Helsinki Oy. Read more www.pihlajalinna.fi.