Elisa Oyj

Regulatory Filings • Oct 27, 2016

Disclosure 346311

Elisa - Company Announcement

Elisa’s Midterm Targets and Distribution Policy

ELISA STOCK EXCHANGE RELEASE 27 OCTOBER 2016 AT 11:00 AM Elisa has updated its medium term financial targets by the end of 2019. The targets are: Revenue growth Above industry average EBITDA margin Above 37 per cent CAPEX/Sales Maximum 12 per cent Net Debt/EBITDA 1.5−2x Equity ratio Above 35 per cent Elisa has reiterated its distribution policy: Profit distribution is 80−100 per cent of the previous fiscal year's net profit. In addition possible excess capital can be distributed to shareholders. When making the distribution proposal or decision the Board of Directors will take into consideration the company´s financial position, future financial needs and financial targets. Profit distribution methods include dividend payment, capital repayment and purchase of treasury shares. ELISA CORPORATION Vesa Sahivirta IR Director tel. +358 10 262 3036 Distribution: Nasdaq Helsinki Principal media www.elisa.com