Relais Group Oyj

Governance Information • Nov 29, 2022

Disclosure 415499

Relais Group Oyj - Other information disclosed according to the rules of the Exchange

Change in Relais Group Plc's dividend policy

Relais Group Plc Stock Exchange Release 29 November 2022 9.15 a.m. EET Relais Group Plc's Board of Directors has today, on 29 November 2022, decided on a change to the company's dividend policy, taking into account the impact caused by the transition to IFRS reporting in defining the dividend basis. The amended dividend policy is as follows: Relais' dividend policy is to target annual dividends that exceed 30 percent of the average comparable earnings per share of the group, over a business cycle. In proposing the dividend, the group's equity, acquisition opportunities and financing needs related to them, liquidity position, long-term financing and investment needs, growth plans, the requirements of the Limited Liability Companies Act for distribution of dividends and other factors that the company's Board of Directors consider important are taken into account. For each year, the future amount of dividends, if any, and their timing will depend on the future results of the group companies, financial position, cash flows, investment needs, solvency, the ability of the company's subsidiaries to distribute dividends or otherwise transfer assets to the company, and other factors. The previous dividend policy from 2019 was as follows: Relais' dividend policy is to target annual dividends that exceed 30 percent of the average comparable profit of the group, excluding amortisation of goodwill, over a business cycle. In proposing the dividend, the group's equity, long-term financing and investment needs, growth plans, liquidity position, acquisition opportunities, the requirements of the Limited Liability Companies Act for distribution of dividends and other factors that the company's Board of Directors consider important are taken into account. For each year, the future amount of dividends, if any, and their timing will depend on the company's future results, financial position, cash flows, investment needs, solvency, the ability of the company's subsidiaries to distribute dividends or otherwise transfer assets to the company, and other factors. Relais Group Plc Board of Directors Further information: Arni Ekholm, CEO Phone: +358 40 760 3323 E-mail: arni.ekholm@relais.fi Relais Group's certified advisor is Evli Plc. Phone: +358 40 579 6210 Relais Group Relais Group is a leading consolidator and acquisition platform on the vehicle aftermarket in the Nordic and Baltic countries. We have a sector focus in vehicle life cycle enhancement and related services. We also serve as a growth platform for the companies we own. We are a profitable company seeking strong growth. We carry out targeted acquisitions in line with our growth strategy and want to be an active player in the consolidation of the aftermarket in our area of operation. Our acquisitions are targeted at companies having a good strategic fit with our group companies. Our net sales in 2021 was EUR 237.8 (2020: 128.9) million. During 2021, we completed a total of six acquisitions. We employ approximately 1,000 professionals in six different countries. The Relais Group share is listed on Nasdaq Helsinki Ltd's Nasdaq First North Growth Market Finland with the stock symbol RELAIS. www.relais.fi