Endomines — Major Shareholding Notification 2026

May 22, 2026

Notification in accordance with the Finnish Securities Market Act Chapter 9, §5 and §6: Joensuun Kauppa ja Kone Ltd/ Kyösti Kakkonen/Kakkonen-Yhtiöt Ltd/K22 Finance Ltd's holding in Endomines Finland

Notification in accordance with the Finnish Securities Market Act Chapter 9, §5 and §6: Joensuun Kauppa ja Kone Ltd/ Kyösti Kakkonen/Kakkonen-Yhtiöt Ltd/K22 Finance Ltd's holding in Endomines Finland Plc

Endomines Finland Plc – Stock Exchange Release, Flagging Notification – 22/5/2026, at 14:25 EEST

Notification in accordance with the Finnish Securities Market Act Chapter 9, §5 and §6: Joensuun Kauppa ja Kone Ltd/ Kyösti Kakkonen/Kakkonen-Yhtiöt Ltd/K22 Finance Ltd’s holding in Endomines Finland Plc

Joensuun Kauppa ja Kone Ltd/ Kyösti Kakkonen/Kakkonen-Yhtiöt Ltd/K22 Finance Ltd has notified Endomines Finland Plc, that its holding of Endomines' shares and votes were fallen below the 25% flagging disclosure limit on 22 May 2026.

Joensuun Kauppa ja Kone Ltd / Kyösti Kakkonen / Kakkonen-Yhtiöt Ltd / K22 Finance Ltd’s share according to the notification:

	% shares and votes (total of 7.A)	% of shares and votes through financial instruments (total of 7.B)	Total % of shares and votes (7.A + 7.B)	Total number of shares and votes
Resulting situation on the date on which the threshold was crossed or reached	24.51223		24.51223	9,402,817
Position of previous notification (if applicable)	25.48683		25.48683

Notified details of the resulting situation on the date on which the threshold was crossed:

Shares and votes

Class / type of shares ISIN-code	Number of shares and votes	% of shares and votes
Direct (SMA 9:5)	Indirect (SMA 9:6 and 9:7)	Direct (SMA 9:5)	Indirect (SMA 9:6 and 9:7)
FI4000508023		9,402,817		24.51223
SUBTOTAL	9,402,817		24.51223

Financial instruments according to SMA 9:6a

Type of financial instrument	Expiration date	Exercise / Conversion Period	Physical or cash settlement	Number of shares and voting rights	% of shares and voting rights
n/a	n/a	n/a	n/a	n/a	n/a

The controlled undertakings through which the shares, voting rights and financial instruments are effectively held:

Name	% of shares and votes	% of shares and votes through financial instruments	Total of both
Kyösti Kakkonen	0.09116		34,968
Kakkonen-Yhtiöt Ltd	0.170992		65,592
Joensuun Kauppa ja Kone Ltd	20.246837		7,766,625
K22 Finance Ltd	4.00324		1,535,632

Kyösti Kakkonen owns 55.3% of Kakkonen-Yhtiöt Ltd, which owns 100% of Joensuun Kauppa ja Kone Ltd. Kyösti Kakkonen owns 77.78% of K22 Finance Ltd.

**Further information

**Minna Karttunen 

CFO, Endomines Finland Plc 

minna.karttunen@endomines.com 

+358 40 513 3225

Endomines Finland Plc is a Finnish forerunner in sustainable mining. Our operations are focused on gold production and exploration in the Karelian Gold Line in Eastern Finland. We produce gold for the jewellery and electronics industries and create value by turning natural resources into wealth, an investment that can withstand the volatility of global politics. Our vision is to develop the Karelian Gold Line into one of the most important and sustainable gold-producing regions in the world. Endomines is listed on the OMX Helsinki main list (PAMPALO). www.endomines.com.