ALTIA — Share Issue/Capital Change 2018

Mar 12, 2018

Altia Plc applies for its shares to be listed on the official list of Nasdaq Helsinki Ltd; the Finnish language prospectus has been published

Altia Plc applies for its shares to be listed on the official list of Nasdaq Helsinki Ltd; the Finnish language prospectus has been published

Altia Plc, Stock Exchange Release, 12 March 2018 at 9:00 a.m.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE
REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, SOUTH AFRICA OR THE UNITED
STATES OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE
UNLAWFUL.

Altia Plc (“Altia” or the “Company”) has today filed a listing application with
Nasdaq Helsinki Ltd (the “Helsinki Stock Exchange”) to list the Company’s shares
first on the prelist and then on the official list of the Helsinki Stock
Exchange. Trading in the shares is expected to commence on the prelist of the
Helsinki Stock Exchange on or about 23 March 2018 and on the official list on or
about 27 March 2018 under the share trading code “ALTIA”.

The Finnish Financial Supervisory Authority has on 9 March 2018 approved Altia’s
Finnish language prospectus that has been published today. The Finnish language
prospectus will be available as of 12 March 2018 at the latest, before the
commencement of the subscription period, at the website of the Company at
www.altiagroup.com/listautuminen and at the head office of the Company at
Kaapeliaukio 1, FI-00180 Helsinki, Finland. In addition, the Finnish language
prospectus will be available on or about 12 March 2018 at Nordea Bank AB (publ),
Finnish Branch’s branch offices and at branch offices of OP Financial Group’s
cooperative banks as well as at the website of Nordea at www.nordea.fi/altia,
website of OP Financial Group at www.op.fi/merkinta and website of Nordnet at
www.nordnet.fi/altia as well as at the Helsinki Stock Exchange at Fabianinkatu
14, FI-00100 Helsinki, Finland. The English language document of the Finnish
language prospectus will be available on or about 12 March 2018 at the website
of the Company at www.altiagroup.com/ipo.

The Company published the preliminary price range for the contemplated initial
public offering (the “IPO”) on 9 March 2018. The subscription period for the IPO
commences today, on 12 March 2018, at 10:00 a.m. The terms and conditions of the
IPO are attached to this announcement.

Further information on the IPO and places of subscription is available at
www.altiagroup.com/ipo, www.nordea.fi/altia, www.op.fi/merkinta and
www.nordnet.fi/altia.

Additional information

Pekka Tennilä, CEO of Altia

Sanna Suvanto-Harsaae, Chairman of the Board of Directors of Altia

For interview and other information requests please contact Corporate
Communications:

Petra Gräsbeck, Director, Corporate Relations and Communications, tel. +358
40 767 0867

Niina Ala-Luopa, Communications Manager, tel. +358 400 728 957

Distribution

Nasdaq Helsinki Ltd

Principal media

www.altiagroup.com

Altia in brief

Altia is a leading Nordic alcoholic beverage company operating in the wines and
spirits markets in the Nordic countries, Estonia and Latvia. Altia produces,
imports, markets, sells and distributes both own and partner brand beverages.
The Company also has production in Cognac, France. Further, Altia exports
alcoholic beverages to approximately 30 countries, most of which are in Europe,
Asia and North America. Altia’s own core brands are Koskenkorva, Chill Out,
Blossa, Larsen, O.P. Anderson, Renault, Xanté and Valhalla. Altia’s net sales in
2017 were EUR 359.0 million and the Company employs about 700 professionals.
Altia wants to enhance a modern, responsible Nordic drinking culture.
www.altiagroup.com.

Disclaimer

It may be unlawful to distribute this announcement in certain jurisdictions.
This announcement is not for distribution in Australia, Canada, the Hong Kong
special administrative region of the People’s Republic of China, Japan, South
Africa, the United States or to any other jurisdiction where such distribution
would be unlawful. The information in this announcement does not constitute an
offer of securities for sale in such jurisdictions.

This announcement does not constitute an offer for sale of, or a solicitation of
an offer to purchase or subscribe for, any securities in the United States.
Securities may not be offered or sold in the United States unless they are
registered or are exempt from registration under the U.S. Securities Act of
1933, as amended, and the rules and regulations thereunder. Altia Plc (the
“Company”) does not intend to register any portion of this offering in the
United States or to conduct a public offering in the United States. Copies of
this announcement are not being, and should not be, distributed in or sent into
the United States.

The issue and/or sale of securities in connection with the contemplated listing
on Nasdaq Helsinki Ltd (the “Helsinki Stock Exchange”) (the “Listing”) are
subject to specific legal or regulatory restrictions in certain jurisdictions.
The Company, Nordea Bank AB (publ) Finnish Branch (“Nordea”), Carnegie
Investment Bank AB (“Carnegie”) and OP Corporate Bank plc (“OP”) (Nordea,
Carnegie and OP together the “Managers”) assume no responsibility in the event
there is a violation by any person of such restrictions.

Nordea, Carnegie and OP are acting exclusively for the Company and for no-one
else in connection with any transaction mentioned in this announcement and will
not regard any other person (whether or not a recipient of this announcement) as
a client in relation to any such transaction and will not be responsible to any
other person for providing the protections afforded to their clients, or for
advising any such person on the contents of this announcement or in connection
with any transaction referred to in this announcement. The contents of this
announcement have not been verified by Nordea, Carnegie or OP and neither
Nordea, Carnegie nor OP accept liability for this information included in this
announcement.

In the United Kingdom, this announcement is for distribution only to and is
directed only at persons who (i) have professional experience in matters
relating to investments which fall within Article 19(5) of the Financial
Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended, the
“Financial Promotion Order”), (ii) are persons falling within Article 49(2)(a)
to (d) (“high net worth companies, unincorporated associations etc”) of the
Financial Promotion Order, or (iii) are persons to whom an invitation or
inducement to engage in investment activity (within the meaning of section 21 of
the Financial Services and Markets Act 2000) in connection with the issue or
sale of any securities may otherwise lawfully be communicated or caused to be
communicated (all such persons together being referred to as “relevant
persons”). This announcement is directed only at relevant persons and must not
be acted on or relied on by persons who are not relevant persons. Any investment
or investment activity to which this announcement relates is available only to
relevant persons and will be engaged in only with relevant persons.

This announcement has been prepared on the basis that any offer of securities in
any Member State of the European Economic Area, other than Finland, which has
implemented the Prospectus Directive (2003/71/EC, as amended, including by
Directive 2010/73/EU, the “Prospectus Directive”) (each, a “Relevant Member
State”) will be made pursuant to an exemption under the Prospectus Directive, as
implemented in that Relevant Member State, from the requirement to publish a
prospectus for offers of securities. Accordingly any person making or intending
to make any offer in that Relevant Member State of securities which are the
subject of the offering contemplated in this announcement, may only do so in
circumstances in which no obligation arises for the Company or any of the global
coordinator to publish a prospectus pursuant to Article 3 of the Prospectus
Directive or supplement a prospectus pursuant to Article 16 of the Prospectus
Directive, in each case, in relation to such offer. Neither the Company nor any
of the Managers have authorised, nor do they authorise, the making of any offer
of the securities through any financial intermediary, other than offers made by
the Managers which constitute the final placement of the securities contemplated
in this announcement. Neither the Company nor any of the Managers have
authorised, nor do they authorise, the making of any offer of securities in
circumstances in which an obligation arises for the Company or any Managers to
publish or supplement a prospectus for such offer.

The information contained in this announcement is for informational purposes
only and does not purport to be full or completed. No reliance may or should be
placed by any person for any purposes whatsoever on the information contained in
this announcement or on its completeness, accuracy or fairness. This
announcement does not constitute or form part of any offer or invitation to sell
or issue, or any solicitation of any offer to purchase or subscribe for any
shares or any other securities nor shall it (or any part of it) or the fact of
its distribution, form the basis of, or be relied on in connection with, any
contract therefor. The information in this announcement is subject to change.
Investors must neither accept any offer for, nor acquire, any securities to
which this document refers, unless they do so on the basis of the information
contained in the applicable prospectus published or offering circular
distributed by the Company.

In connection with the Company’s contemplated Listing and in accordance with all
applicable laws and rules, Nordea (the “Stabilizing Manager”) (or persons acting
on its behalf), may agree that the State of Finland (the “Seller”) will grant
the Stabilizing Manager an option to over-allot shares or effect stabilization
transactions with a view to support the market price of the Company’s shares at
a level higher than that which might otherwise prevail (provided that the
aggregate principal number of the Company’s shares allotted does not exceed 15
per cent of the aggregate principal number of the offer shares in the
contemplated Listing). However, stabilization action may not necessarily occur
and may cease at any time, and the Stabilization Manager is not required to
enter into such transactions. Any stabilization action may begin on or after the
date of commencement of trading in the shares on the Helsinki Stock Exchange Ltd
and, if begun, may be ended at any time, and such measures must be brought to an
end within 30 days of commencement of trading in the Company’s shares on the
prelist of the Helsinki Stock Exchange, which period is estimated to occur
between 23 March 2018 and 21 April 2018.

This announcement includes forward-looking statements, which include statements
regarding the Company’s business strategy, financial condition, profitability,
results of operations and market data, as well as other statements that are not
historical facts. Words such as “believe,” “anticipate,” “plan,” “expect,”
“target,” “estimate,” “project,” “predict,” “forecast,” “guideline,” “should,”
“aim,” “continue,” “could,” “guidance,” “may,” “potential,” “will,” as well as
similar expressions and the negative of such expressions are intended to
identify forward-looking statements, but are not the exclusive means of
identifying these statements. By their nature, forward-looking statements are
subject to numerous factors, risks and uncertainties that could cause actual
outcomes and results to be materially different from those projected. Readers
are cautioned not to place undue reliance on these forward-looking statements.
Except for any ongoing obligation to disclose material information as required
by the applicable law, the Company does not have any intention or obligation to
publicly update or revise any forward-looking statements after it distributes
this announcement, whether to reflect any future events or circumstances or
otherwise.

Certain figures contained in this announcement, including financial information,
have been subject to rounding adjustments. Accordingly, in certain instances,
the sum or percentage change of the numbers contained in this document may not
conform exactly with the total figure given.
Tua Stenius-Örnhjelm
Investor Relations Manager
+358 40 748 8864
tua.stenius-ornhjelm@altiagroup.com
Altia is a leading Nordic alcoholic beverage company operating in the wines and
spirits markets in the Nordic countries, Estonia and Latvia. Altia produces,
imports, markets, sells and distributes both own and partner brand beverages.
The Company also has production in Cognac, France. Further, Altia exports
alcoholic beverages to approximately 30 countries, most of which are in Europe,
Asia and North America. Altia’s own core brands are Koskenkorva, Chill Out,
Blossa, Larsen, O.P. Anderson, Renault, Xanté and Valhalla. Altia’s net sales in
2017 were EUR 359.0 million and the Company employs about 700 professionals.
Altia wants to enhance a modern, responsible Nordic drinking culture.
www.altiagroup.com.

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