Teleste Oyj

Related Party Transaction • Mar 21, 2022

Disclosure 405786

Teleste Oyj - Changes in company's own shares

Teleste Corporation’s conveyance of own shares based on the long-term incentive plan 2018

TELESTE CORPORATION STOCK EXCHANGE RELEASE 21 MARCH 2022 AT 11.00 AM (EET) TELESTE CORPORATION´S CONVEYANCE OF OWN SHARES BASED ON THE LONG-TERM INCENTIVE PLAN 2018 A total of 10 512 Teleste Corporation's treasury shares were conveyed without consideration to the key employees participating in the plan period 2019-2021 of Teleste long-term share-based incentive programme 2018 in accordance with the terms and conditions of the plan. More detailed information about the launch of the plan period and its terms and conditions is available in a stock exchange release published on 13 February 2019. The decision on the directed share issue is based on the authorisation granted to the Board of Directors by the Annual General Meeting of Shareholders held on 7 April 2021. After the share delivery on 18 March 2022, the company holds a total of 757 682 own shares. TELESTE CORPORATION The Board of Directors ADDITIONAL INFORMATION: SVP HR Tuomas Vanne, phone +358 2 2605 611 DISTRIBUTION: Nasdaq Helsinki Main Media www.teleste.com