Nurminen Logistics Oyj

Earnings Release • Apr 1, 2025

Nurminen Logistics Updates Disclosure Policy and changes its method of issuing profit guidance and outlook

Nurminen Logistics Oyj Stock Exchange Release April 1, 2025, 5.10 P.M.

Nurminen Logistics Plc's Board of Directors has today approved an updated disclosure policy, under which the company will start reporting EBITA (earnings before interest, taxes, and amortization of goodwill and impairment charges) as a key performance indicator in its regular financial reporting from January 2025 onwards. This change supports the company's strategic objectives, enhances transparency in operational performance, and facilitates comparability between financial periods.

EBITA will replace the previously used EBIT metric in certain company communications, as it better reflects the company's organic growth and profitability before goodwill amortizations arising from acquisitions, which are difficult to estimate.

Nurminen Logistics will update its financial guidance to clarify that the term "comparable operating profit" or "operating profit" will refer to EBITA.

This change does not affect the calculation or presentation of key figures under IFRS standards.

Previous Financial Guidance:

The Group estimates that revenue and comparable operating profit will grow in 2025. The forecasted growth in revenue and operating profit is based on increasing railway operations in the Group's market areas.

Updated Financial Guidance:

The Group estimates that revenue and comparable EBITA operating profit will grow in 2025. The forecasted growth in revenue and operating profit is based on increasing railway operations in the Group's market areas.

Nurminen Logistics Plc

Additional information:

Olli Pohjanvirta, CEO, tel. +358 40 900 6977

Niklas Nordström, CFO, tel. +358 50 5410 543

DISTRIBUTION Nasdaq Helsinki Major media nurminenlogistics.com

Nurminen Logistics is a Finnish listed company established in 1886. The company offers high-quality rail transport, terminal, and multimodal solutions between Asia and Europe and in the Nordic and Baltic countries.