Endomines

Major Shareholding Notification • Sep 18, 2025

Notification in accordance with the Finnish Securities Market Act Chapter 9, §5 and §6: Joensuun Kauppa ja Kone Ltd/ Kyösti Kakkonen/Kakkonen-Yhtiöt Ltd/K22 Finance Ltd's holding in Endomines Finland

Notification in accordance with the Finnish Securities Market Act Chapter 9, §5 and §6: Joensuun Kauppa ja Kone Ltd/ Kyösti Kakkonen/Kakkonen-Yhtiöt Ltd/K22 Finance Ltd's holding in Endomines Finland Plc

Endomines Finland Plc – Stock Exchange Release, Flagging Notification – 18/9/2025, at 13:15 EEST

Notification in accordance with the Finnish Securities Market Act Chapter 9, §5 and §6: Joensuun Kauppa ja Kone Ltd/ Kyösti Kakkonen/Kakkonen-Yhtiöt Ltd/K22 Finance Ltd’s holding in Endomines Finland Plc

Joensuun Kauppa ja Kone Ltd/ Kyösti Kakkonen/Kakkonen-Yhtiöt Ltd/K22 Finance Ltd has notified Endomines Finland Plc, that it’s holding of Endomines' shares and votes were fallen below the 25 % flagging disclosure limit on 17 September 2025.

Joensuun Kauppa ja Kone Ltd / Kyösti Kakkonen / Kakkonen-Yhtiöt Ltd / K22 Finance Ltd’s share according to the notification:

	% shares and votes (total of 7.A)	% of shares and votes through financial instruments (total of 7.B)	Total % of shares and votes (7.A + 7.B)	Total number of shares and votes
Resulting situation on the date on which the threshold was crossed or reached	24.15991		24.15991	11,128,460
Position of previous notification (if applicable)	25.02201	n/a	25.02201	n/a

Notified details of the resulting situation on the date on which the threshold was crossed:

Shares and votes

Class / type of shares ISIN-code	Number of shares and votes	% of shares and votes
Direct (SMA 9:5)	Indirect (SMA 9:6 and 9:7)	Direct (SMA 9:5)	Indirect (SMA 9:6 and 9:7)
FI4000508023		2,688,626		24.15991
SUBTOTAL	2,688,626	24.15991

Financial instruments according to SMA 9:6a

Type of financial instrument	Expiration date	Exercise / Conversion Period	Physical or cash settlement	Number of shares and voting rights	% of shares and voting rights
n/a	n/a	n/a	n/a	n/a	n/a

The controlled undertakings through which the shares, voting rights and financial instruments are effectively held:

Name	% of shares and votes	% of shares and votes through financial instruments	Total of both
Kyösti Kakkonen	0.10474	n/a	11,656
Kakkonen-Yhtiöt Ltd	0.1964692	n/a	21,864
Joensuun Kauppa ja Kone Ltd	20.199578	n/a	2,247,902
K22 Finance Ltd	3.65912	n/a	407,204

Kyösti Kakkonen owns 55.3 % of Kakkonen-Yhtiöt Ltd, which owns 100 % of Joensuun Kauppa ja Kone Ltd. Kyösti Kakkonen owns 77.78 % of K22 Finance Ltd.

**Further information

**Minni Lempinen 

CFO, Endomines Finland Plc 

minni.lempinen@endomines.com 

+358 40 769 3483 

Endomines Finland Plc is a Finnish forerunner in sustainable mining. Our operations are focused on gold production and exploration in the Karelian Gold Line in Eastern Finland. We also own the rights to seven gold deposits in the US. We produce gold for the jewellery and electronics industries and create value by turning natural resources into wealth, and we also create value by transforming natural resources into wealth, an investment that can withstand the volatility of global politics. Our vision is to develop the Karelian gold line into one of the most important and sustainable gold-producing regions in the world. Endomines is listed on the OMX Helsinki main list (PAMPALO). www.endomines.com.