Lehto Group Oyj

Major Shareholding Notification • Feb 28, 2025

Disclosure 455519

Lehto Group Oyj - Major shareholder announcements

Lehto Group Plc: Disclosure Under Chapter 9 Section 10 of the Securities Market Act

Lehto Group Plc Stock exchange release 28 February 2025 at 13.30 (Finnish time) Lehto Group Plc (”Lehto”, Business ID: 2235443-2) has received a flagging notification pursuant to Chapter 9, Section 5 of the Finnish Securities Market Act from Hannu Lehto and the company he controls (Lehto Invest Oy, business ID 2034042-4). According to the notification Hannu Lehto's combined direct and indirect ownership and voting rights in Lehto Group Plc have as of 28 February 2025 fallen below the 50% reporting threshold of the Company's total shares and voting rights. · Name of the notifier: Hannu Lehto · Basis of the notification: Disposal of the shares · Date of reaching the flagging threshold: 28 February 2025 Initially, Hannu Lehto's ownership increased above 50 percent threshold, when Lehto Invest Oy's investment in the 15 million convertible bond issued by Lehto Group Oyj in 2022 was converted into shares. The new shares created in the conversion were registered in the trade register on 31 January 2025. Lehto Invest Oy and Hannu Lehto, who exercises control over it, have used the exemption provision under Chapter 11, Section 21, Subsection 5 of the Securities Market Act and waived their voting rights exceeding the 50 percent threshold within one month from the creation of the obligation to make the public tender offer. Lehto Invest Oy has made a disposal of 2,900,000 shares on 28 February 2025. The number of Lehto Group Oyj's shares is a total of 162,339,410 shares, of which each share produces one (1) vote. Total position of the notifier according to the notification: % of % of shares Total Total number shares and voting of of shares and and rights both voting rights voting through in % of Lehto Group rights financial (A + Plc (A) instruments B) (B) Resulting 49,96 % - 49,96 162 339 410 situation on the % date on which threshold was crossed or reached Position of 51,75 % - 51,75 162 339 410 previous % notification (if applicable) Notified details of the resulting situation on the date on which the threshold was crossed or reached: A: Shares and voting rights Class/type of Number of % of shares and voting rights shares (ISIN shares and code) voting rights Direct (SMA 9:5) Indirect(SMA Direct Indirect (SMA 9:6 ja 9:7 9:6 ja 9:7) (SMA 9:5) FI400081138 191 745 80 914 0,12 % 49,84 % 760 SUBTOTAL A 81 106 505 49,96 % Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held: Name % of % of shares and votes Total of both shares and through financial votes instruments Hannu Lehto 191 745 191 745 Lehto Invest 80 914 760 80 914 760 Oy Additional information Veli-Pekka Paloranta, CFO +358 400 944 074 veli-pekka.paloranta@lehto.fi