Enersense International Oyj

Regulatory Filings • Jun 19, 2023

Insider information: Enersense and Elisa have signed a 35-million-euro add-on contract for the construction of an optic fibre network in Finland

Enersense International Plc Insider information 19 June 2023 at 12:55 p.m.

Enersense, a provider of zero-emission energy solutions, and Elisa, a Finnish telecommunications and digital services company, have signed an add-on turnkey contract for the construction of Elisa's Fibre to the Home optic fibre network in Finland. The total value of the add-on contract is EUR 35 million, and it more than doubles the volume of optic fibre networks Enersense will construct for Elisa in 2024–2026. The contract will be included in Enersense's Connectivity business area's second quarter 2023 order book. The contract is an extension of the companies' long-term cooperation.

Enersense is responsible for the turnkey delivery, which contains the project management, planning and construction of the network, materials logistics, and customer deliveries.

"We are very pleased that our cooperation in building Elisa's fibre-to-the-home (FTTH) connections is continuing. Building a zero-emission society is at the core of Enersense's strategy, and high-speed optical fibre networks have a role to play in this. FTTH construction is expected to grow significantly in Finland in the coming years. It is great that our customers are relying on Enersense's optical fibre network construction services, and that our business operations are growing with the market," says Jussi Holopainen, President & CEO, Enersense.

ENERSENSE INTERNATIONAL PLC Tommi Manninen SVP, Communications and Public Affairs

More information:

Jussi Holopainen, CEO  Tel. +358 44 517 4543  Email: jussi.holopainen@enersense.com

Media contacts:  Tommi Manninen, SVP, Communications and Public Affairs  Tel. +358 40 043 7515  Email: tommi.manninen@enersense.com

DISTRIBUTION: Nasdaq Helsinki

Major media www.enersense.com

Enersense in brief:

Enersense International Plc is a creator of zero emission energy solutions and strongly supports the ongoing energy transition and enabling a zero-emission society. Enersense Group's revenue in 2022 was EUR 268 million. The company has approximately 2,000 employees, with operations in Finland and internationally. Enersense's shares are listed on Nasdaq Helsinki (ESENSE). The company's investor pages can be found at www.enersense.com/investors.