Olvi Oyj

Transaction in Own Shares • May 28, 2018

OLVI PLC STOCK EXCHANGE RELEASE 28 May 2018 at 12.00 pm

CANCELLATION OF SHARES SUBJECT TO FORFEITURE

On 21 April 2017, Olvi plc's Annual General Meeting (AGM) decided, with regard to so-called "ghost shares" (shares not held by anyone) on the joint book-entry account, that the rights to the shares belonging to the book-entry system and the related rights have expired. The AGM authorised the Board of Directors to take all the measures necessitated by the decision.

As a result of this, a total of 36,576 shares were transferred on 18 May 2017 from Olvi's joint account to be held as treasury shares.

Share type	OLVAS
Number of shares	36,576
Total price	EUR 0.00

This represents 0.2% of all shares in Olvi plc and 0.04% of the related votes.

The rules pertaining to treasury shares are applied to shares on the joint account, in accordance with the Limited Liability Companies Act.

At its meeting on 28 May 2018, the Board of Directors decided to cancel the shares mentioned above. The cancellation will come into effect once it has been entered into the Trade Register. After that, the total number of shares in Olvi plc will be 20,722,232, including 16,989,976 Series A shares and 3,732,256 Series K shares. The total number of votes related to the shares will be 91,635,096.

OLVI PLC

Lasse Aho CEO, Olvi plc Tel. +358 290 00 1050 or +358 400 203 600

DISTRIBUTION: NASDAQ OMX Helsinki Ltd Key media www.olvi.fi/en/