Tulikivi Oyj

Capital/Financing Update • Dec 23, 2022

Disclosure 416545

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

Tulikivi signs financing agreement for 2022-2028

TULIKIVI CORPORATION STOCK EXCHANGE RELEASE 23 DECEMBER 2022 AT 13.00 EET

On 22 December 2022, Tulikivi agreed with Nordea Bank Plc to restructure its financing that is maturing in April 2024. This facility will replace and refinance the company’s existing loans and provide for future growth-supporting investments and working capital needs. The financing agreement includes a repayment programme for 2022–2028 and loan covenants to the finance provider.

TULIKIVI CORPORATION

Board of Directors

Further information: Heikki Vauhkonen, Managing Director, tel. +358 (0)207 636 555

Distribution: Nasdaq Helsinki

Key media

www.tulikivi.com