Boreo Oyj

Share Issue/Capital Change • Jun 30, 2025

Issuance of Own Shares under Boreo Plc's Matching Share Plan

Issuance of Own Shares under Boreo Plc's Matching Share Plan

BOREO PLC Stock exchange release 30 June 2025 at 15:00 EET

Issuance of Own Shares under Boreo Plc’s Matching Share Plan

The Board of Directors of Boreo Plc has decided on 30 June 2025 to carry out a directed share issue without consideration for the purpose of delivering reward shares under Boreo Plc’s Matching Share Plan 2022–2025 for its key personnel.

In the share issue, a maximum of 4,384 Boreo Plc shares will be issued without consideration to the participants of the Matching Share Plan in accordance with its terms and conditions. As the rewards will be paid using the company’s existing own shares, the total number of shares in the company will remain unchanged.

The Matching Share Plan for key personnel and its detailed terms was originally announced in a stock exchange release on 10 June 2022 following the Board of Director’s resolution of the plan. The purpose of the plan has been to commit key personnel to the company through increasing their ownership. The concluded plan includes up to 18 key employees of the company and its affiliates.

The issuance of own shares through a directed share issue without consideration is based on the authorization granted to the Board of Directors by the company’s Annual General Meeting on 15 April 2025. The shares will be delivered to the participants on 3 July 2025.

After the directed share issue, Boreo Plc holds 4,900 own shares.

In Vantaa, 30 June 2025

Boreo Plc

Kari Nerg

CEO

Distribution:

NASDAQ Helsinki Ltd

Principal media

www.boreo.com

For more information:

CEO Kari Nerg

+358 44 341 8514

CFO Jesse Petäjä

+358 40 706 9450

Boreo in brief:

Boreo is a company listed on Nasdaq Helsinki that creates value by owning, acquiring and developing small and medium-sized companies in the long-term. Boreo's business operations are organized into two business areas: Electronics and Technical Trade.

Boreo's primary objective is sustainable long-term profit generation. This is achieved with a business model that is based on the acquisition and ownership of great entrepreneurial companies with ability to generate sustainable long-term earnings growth and strong cash flows. The profits generated by the portfolio of companies are re-invested back to operations or to acquisitions with attractive expected returns on capital. The decentralized operating structure promoting culture of ownership and release of entrepreneurial energy is a core pillar of the firm’s business concept and sustainable earnings growth is ensured through the support and coaching of companies and the personnel.

The Group's net sales in 2024 were EUR 134 million and it employs over 300 people in seven countries. The company’s headquarter is in Vantaa.