Mandatum Oyj

Major Shareholding Notification • Mar 20, 2025

Disclosure 456586

Mandatum Oyj - Major shareholder announcements

Mandatum plc: Disclosure Under Chapter 9 Section 5 of the Securities Market Act (Altor Fund Manager AB)

Mandatum plc, Stock exchange release, 20 March 2025 at 8:30 EET Mandatum plc (Business ID 3355142-3) has received a notification, pursuant to Chapter 9, Section 5 of the Finnish Securities Markets Act, from Altor Fund Manager AB (registration number 556962-9149, Sweden) on 19 March 2025. According to the notification, Altor Invest 8 AS has on 19 March 2025 converted all previously notified 33,078,580 shares and voting rights held through financial instruments under the swap into shares by way of physical settlement. The aggregate holding of Altor Invest 8 AS remains unchanged. Total positions of Altor Fund Manager AB, and its funds subject to the notification: +----------------+----------+------------------+------+----------------------+ | |%of shares|% of shares and |Total |Total number of shares| | |and |voting rights |of |and voting rights of | | |voting |through financial |both |issuer | | |rights |instruments (total|in % | | | |(total |of B) |(A+B) | | | |of A) | | | | +----------------+----------+------------------+------+----------------------+ |Resulting |16.59% |0.00% |16.59%|502,696,752 | |situation on the| | | | | |date on | | | | | |which threshold | | | | | |was crossed or | | | | | |reached | | | | | +----------------+----------+------------------+------+----------------------+ |Positions of |10.01% |6.58% |16.59%| | |previous | | | | | |notification | | | | | |(if applicable) | | | | | +----------------+----------+------------------+------+----------------------+ Notified details of the resulting situation on the date on which the threshold was crossed: A: Shares and voting rights +------------+----------+----------+----------------------+------------------+ |Class/type |Number of |% of shares and voting rights | |of shares |shares and | | | |voting | | |ISIN code |rights | | +------------+----------+----------+----------------------+------------------+ | |Direct |Indirect |Direct |Indirect | | | |(SMA 9:6 |(SMA 9:5) |(SMA 9:6 and 9:7) | | |(SMA 9:5) |and 9:7) | | | +------------+----------+----------+----------------------+------------------+ |FI4000552526|83,378,580|83,378,580|16.59% (Altor Invest 8|16.59% (Altor Fund| | |(Altor |(Altor | | | | |Invest | |AS) |Manager AB) | | | |Fund | | | | |8 AS) |Manager | | | | | |AB) | | | +------------+----------+----------+----------------------+------------------+ |SUBTOTAL A |83,378,580 |16.59% | +------------+----------+----------+----------------------+------------------+ B: Financial instruments according to SMA 9:6a +----------+----------+--------------+-----------+-----------------+-----------+ |Type of |Expiration|Exercise/Conve|Physical or|Number of shares |% of shares| |financial |date |rsion Period |cash |and voting rights|and voting | |instrument| | |settlement | |rights | +----------+----------+--------------+-----------+-----------------+-----------+ | | | | | | | +----------+----------+--------------+-----------+-----------------+-----------+ | | | | | | | +----------+----------+--------------+-----------+-----------------+-----------+ | | | |SUBTOTAL B | | | +----------+----------+--------------+-----------+-----------------+-----------+ Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity: +------------+-----------+-----------------------------+-------------+ |Name |% of shares|% of shares and voting rights|Total of both| | |and voting |through financial instruments| | | |rights | | | +------------+-----------+-----------------------------+-------------+ |Altor Fund |0.00 |0.00 |0.00 | |Manager AB | | | | +------------+-----------+-----------------------------+-------------+ |Altor Fund |0.00 |0.00 |0.00 | |VI (No. 1) | | | | |AB | | | | +------------+-----------+-----------------------------+-------------+ |Altor Fund |0.00 |0.00 |0.00 | |VI (No. 2) | | | | |AB | | | | +------------+-----------+-----------------------------+-------------+ |Altor Invest|16.59 |0.00 |16.59 | |8 AS | | | | +------------+-----------+-----------------------------+-------------+ Additional information: Investors Lotta Borgström VP, Investor Relations Tel. +358 50 022 1027 lotta.borgstrom[a]mandatum.fi Media Niina Riihelä SVP, Communications, Brand and Sustainability Tel. +358 40 728 1548 niina.riihela[a]mandatum.fi Mandatum in brief Mandatum is a major financial services provider that combines expertise in wealth management and life insurance.Mandatum offers clients a wide array of services covering asset and wealth management, savings and investment, compensation and rewards as well as pension plans and personal risk insurance. Mandatum offers services to corporate, retail, institutional and wealth management clients.At the centre of Mandatum's success are highly skilled personnel, a strong brand as well as a proven investment track record. mandatum.fi/en/group (https://www.mandatum.fi/en/group/) Distribution: Nasdaq Helsinki Financial Supervisory Authority Key media www.mandatum.fi (https://www.mandatum.fi/en/)