Neste Oyj

Major Shareholding Notification • Sep 1, 2025

Notification under Chapter 9, Section 10 of the Finnish Securities Market Act

Notification under Chapter 9, Section 10 of the Finnish Securities Market Act

Neste Corporation, Stock Exchange Release, 1 September 2025 at 8 p.m. (EET)
Neste Corporation has today received a notification under Chapter 9, Section 10
of the Finnish Securities Market Act (FSMA). According to the notification, the
aggregate holdings including financial instruments according to SMA 9:6a owned
by Société Générale SA and the entities referred to above, have on 28 August
2025 decreased to below 5% of the total number of shares and voting rights of
Neste Corporation. The share stock of Neste Corporation consists of 769,211,058
shares, each entitling one vote.

Total positions of entities referred to in the notification:

              % of    % of shares and voting rights  Total % of shares
              shares  through financial instruments  and voting rights
              and     (B)                            (A+B)
              voting
              rights
              (A)

Resulting 0.01 4.32 4.33
situation on the
date on
which threshold
was crossed or
reached
Position of 0.00 5.70 5.70
previous
notification

Notified details of the resulting situation on the date on which the threshold
was crossed or reached:
A: Shares and voting rights

Share Number of % of shares and voting rights
class/type shares and
(ISIN) voting rights
Direct (FSMA Indirect Direct Indirect (FSMA 9:6 and 9:7)
9:5) (FSMA 9:6 and (FSMA
9:7) 9:5)
FI0009013296 29,507 0.01
Ordinary
shares
Subtotal A 29,507 0.01

B: Financial Instruments according to FSMA 9:6a

Type of Expiration Exercise/ Physical Number of shares % of shares
financial date Conversion or and voting rights and voting
instrument Period cash rights
  settlement
Right to N/A N/A Physical 643,132 0.08
recall
lent
securities
OTC Call 03/01/2033 Until Cash 10,260,501 1.34
Option 03/01/2033
on Basket
OTC Call 03/01/2033 Until Cash 4,281,684 0.56
Option 03/01/2033
OTC Put 03/01/2033 Until Cash 249,515 0.03
Option 03/01/2033
Listed 31/12/2049 Until Cash 4,157,211 0.54
Call 31/12/2049
Warrant
Listed 03/01/2033 Until Cash 10,249,785 1.33
Call 03/01/2033
Warrant on
Basket
Listed Put 03/01/2033 Until Cash 149,515 0.02
Warrant 03/01/2033
Contract N/A N/A Cash 3,248,472 0.42
for
difference
Subtotal B 33,239,815 4.32

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
and voting through financial instruments  both, %
rights
Société 0.01 2.41 2.42
Générale S.A.
Société 0.00 1.91 1.91
Générale
Effekten Gmbh

Neste Corporation
Hanna Maula
Senior Vice President, Communications, Marketing, Sustainability and Public
Affairs
Further information: Please contact Neste's media service, tel. +358 800 94025 /
media@neste.com (weekdays from 8.30 a.m. to 4.00 p.m. EET). Please subscribe to
Neste's releases at https://www.neste.com/media/subscribe.

Neste in brief

Neste (NESTE, Nasdaq Helsinki) creates solutions for mitigating climate change
and accelerating a shift to a circular economy. The company is the world's
leading producer of sustainable aviation fuel (SAF) and renewable diesel,
enabling its customers to reduce their greenhouse gas emissions. Neste refines
waste, residues and other renewable raw materials to high-quality renewable
fuels at its refineries located on three continents. The company's annual
renewable fuels production capacity will be increased to 6.8 million tons in
2027.

Neste has high standards for sustainability and the company has consistently
been recognized by several leading sustainability indices. In 2024, Neste's
revenue stood at EUR 20.6 billion. Read more: neste.com (http://www.neste.com)