Componenta Oyj — Regulatory Filings 2021

Apr 27, 2021

Restructuring programme of Componenta Corporation has ended

Restructuring programme of Componenta Corporation has ended

Componenta Corporation Stock Exchange Release, 27 April 2021 at 1 p.m. EEST

The restructuring programme of Componenta Corporation has ended upon the
approval of the payment of restructuring debt carried out by the Company on 31
March 2021 by the supervisor and the provision of the supervisor’s final account
of the restructuring programme to creditors today on 27 April 2021.

The Board of Directors of the Company 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 EUR 5.9 million. This amount has included approximately
EUR 0.2 million of 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 EUR 5.9 million
payments to its creditors, the amount of which has become more precise during
the course of March 2021. Additionally, the Company has 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. 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 restructuring programme has been
fully carried out by the company.

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. The supervisor has approved the payments
carried out by the Company on 31 March 2021 and has concluded the fulfilment of
the prerequisites for ending the restructuring programme. The final account has
been given to the creditors of the Company today on 27 April 2021, following
which the Company’s restructuring programme has ended in its entirety.

The premature ending of the Company’s restructuring programme will not affect
the restructuring programme of Componenta Castings Ltd. (formerly Componenta
Finland Ltd), 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

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. www.componenta.com