Componenta Oyj — Capital/Financing Update 2021

Mar 31, 2021

Componenta Corporation has carried out payments required for premature ending of restructuring programme

Componenta Corporation has carried out payments required for premature ending of restructuring programme

Componenta Corporation Stock Exchange Release, 31 March 2021 at 11.50 a.m.
Finnish time

The Board of Directors of Componenta has on 25 February 2021 decided to end the
Company’s restructuring programme prematurely and to pay its restructuring debts
in the total amount of approximately EUR 5.9 million. This amount has included
conditional and maximum amount guarantee debts, the final amounts of which were
not confirmed and the repayment of which the Company had to separately agree on
with each respective creditor.

The Company has on 31 March 2021 carried out the aforementioned approximately
EUR 5.9 million payments to its creditors, the amount of which has become more
precise during the course of March 2021. The Company has also reached agreements
with creditors of the conversion into new maximum amount debts of approximately
EUR 0,1 million conditional and maximum amount restructuring debts based on
guarantee liabilities which were included in the previous mentioned amount.
Following the conversion the Company has fulfilled its liability towards these
creditors arising from the restructuring programme. As a consequence of the
payments and conversion, the Company views that the payment obligations of its
restructuring programme have been fully fulfilled.

The restructuring programme is considered ended when the supervisor of the
restructuring programme has approved the payments and has provided creditors
with the supervisor’s final account. This is expected to take place in April.
The Company will issue a separate stock exchange release in connection with the
completion of the supervisor’s final account and the ending of the restructuring
programme.

The premature ending of the Company’s restructuring programme will not affect
the restructuring programme of Componenta Castings Oy (formerly Componenta
Finland Oy), which shall continue in accordance with its terms and conditions
until 2023.

COMPONENTA CORPORATION

Sami Sivuranta
President and CEO

For further information. please contact:

Sami Sivuranta, President and CEO, tel. +358 10 403 2200
Marko Karppinen, CFO, tel. +358 10 403 2101

Distribution:
Nasdaq Helsinki
Principal media
www.componenta.com

Componenta is an international technology company with operations located in
Finland. With its wide technology portfolio. Componenta produces e.g. cast,
machined and unmachined components for its clients who are local and global
manufacturers of vehicles. machines and equipment. The company’s share is listed
on Nasdaq Helsinki.