Sitowise Group Oyj

Major Shareholding Notification • Nov 3, 2023

Disclosure 439113

Sitowise Group Plc - Major shareholder announcements

Announcement of a Change in Shareholding According to Chapter 9, Section 10 of the Finnish Securities Market Act

Sitowise Group Plc Stock Exchange Release 3 November 2023 at 10.45 a.m. (EEST) Sitowise Group Plc (the "Company") has on 2 November 2023 received a notification in accordance with the Chapter 9, Section 10 of the Finnish Securities Market Act from Morgan Stanley, according to which Morgan Stanley's holding of the shares and votes of the Company increased to 8.16 percent on 1 November 2023. According to the notification, Morgan Stanley holds indirectly a total of 2,771,127 shares corresponding to 7.77 percent of the Company's shares and votes, and a total of 139,020 shares through financial instruments corresponding to 0.39 percent of the Company's shares and votes. The Company has one series of shares in which each share carries one vote. The total number of shares and votes is 35,665,927. Total positions of Morgan Stanley according to the notification: % of % of shares and Total Total number of shares shares voting rights of and voting rights of and through financial both issuer voting instruments (total in % rights of B) (A + (total B) of A) Resulting 7.77 0.39 8.16 35,665,927 situation on the date on which threshold was crossed or reached Position of 2.52 0.41 2.93 previous notification (if applicable) Notified details of the resulting situation on the date on which the threshold was crossed or reached: A: Shares and voting rights Class/type Number of % of shares and voting rights of shares shares and voting rights ISIN code Direct Indirect Direct Indirect (if (SMA 9:5) (SMA 9:6 (SMA 9:5) (SMA 9:6 and 9:7) possible) and 9:7) FI4000480215 0 2,771,127 0 7.77% SUBTOTAL A 2,771,127 7.77% B: Financial instruments according to the Finnish Securities Market Act, Chapter 9, Section 6a Type of Expiration Exercise/ Physical Number % of shares financial date Conversion or of and voting instrument period cash shares rights settlement and voting rights Right of At any At any Physical 139,020 0.39% Recall over time time a securities lending agree -ment SUBTOTAL B 139,020 0.39% Information in relation to the person subject to the notification obligation: Full chain of controlled undertakings through which the shares, voting rights or financial instruments are effectively held (starting with the ultimate controlling natural person or legal entity): Name % of shares % of shares and voting rights Total and voting through financial instruments of rights both Morgan Stanley Morgan Stanley International Holdings Inc. Morgan Stanley International Limited Morgan Stanley Investments (UK) Morgan Stanley & Co. 7.77% 0.39% 8.16% International plc Additional information given in the notification: Of the total voting rights attached to shares in Section A, 2,771,127 (7.77%) of these are the result of stock borrowing agreements. Sitowise Group Plc Additional information: Hanna Masala, CFO, Sitowise Group Plc, tel. +358 40 558 1323 Distribution: Nasdaq Helsinki Major media www.sitowise.com About Sitowise Sitowise is a Nordic expert in the built environment with strong focus on digitality. We provide design and consulting knowhow to enable more sustainable and smarter urban development as well as smooth transportation. Sitowise offers services related to real estate and buildings, infrastructure, and digital solutions both in Finland and in Sweden. Global megatrends drive huge changes that require a re-evaluation of the smartness in the built environment - therefore we have set our vision to be Redefining Smartness in Cities. The Group's net sales were EUR 204 million in 2022 and the company employs more than 2,200 experts. Sitowise Group Plc is listed on Nasdaq Helsinki under the trading symbol SITOWS.