Digia Oyj

Board/Management Information • Apr 29, 2025

Insider Information: Digia's Managed Solutions business unit renews its operations and initiates change negotiations

Insider Information: Digia's Managed Solutions business unit renews its operations and initiates change negotiations

Digia Plc
Insider information
29 April 2025 at 8:30 EEST

Digia's Managed Solutions business unit plans to renew and adapt its operations
to better meet customer expectations and improve profitability. As a result,
Managed Solution will initiate change negotiations under the co-operation act.

The change negotiations involve Digia's Managed Solutions business unit, one of
the four business units within Digia, excluding Productivity Leap Oy. The
negotiations are based on the reorganization of operations, and financial and
production-related reasons and concern approximately 600 employees. The
estimated need for reductions is maximum 45 employees.

The negotiations will begin on May 5, 2025, and are expected to last six weeks.
Annual savings of approximately 2-2.5 million euros are estimated.

Managed Solutions business unit has grown significantly in recent years,
expanding its service offering both organically and through acquisitions. The
unit has a strong and diverse offering and high customer satisfaction in many
accounts. However, profitable growth requires continuous renewal of operations
and expertise. Current challenging market situation for IT services, intensified
price competition, and the opportunities brought by new technologies are
accelerating the need for change.

"IT industry is undergoing a transformative shift towards more intelligent
solutions and greater scalability of operations. This requires us to
continuously and systematically renew our operations. Change negotiations are
always unfortunate. However, the planned measures will strengthen Digia's
competitiveness and support Digia's journey of continuous profitable growth,"
says Digia's CEO Timo Levoranta.

Additional Information:

Timo Levoranta
CEO, Digia Plc
Phone: +358 (0)40 500 2050

Distribution:

Nasdaq Helsinki
Key media outlets
digia.com

Digia is a software and service company that combines technological
possibilities and human capabilities to build intelligent business, society and
a sustainable future. Our mission is to ensure that our customers are at the
forefront of digital evolution. There are more than 1,500 of us working at Digia
and we operate globally with our customers. Digia's net sales totalled EUR 205.7
million in 2024. The company is listed on Nasdaq Helsinki (DIGIA). digia.com