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Honkarakenne Oyj

Share Issue/Capital Change Jun 1, 2020

3318_rns_2020-06-01_d7b5d6ba-0c98-4577-8c34-ebc4aad7bcd3.html

Share Issue/Capital Change

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CHANGE IN HONKARAKENNE OYJ’S HOLDING OF TREASURY SHARES

CHANGE IN HONKARAKENNE OYJ’S HOLDING OF TREASURY SHARES

HONKARAKENNE OYJ Stock Exchange Release 1 June 2020 at 1:00 p.m.

CHANGE IN HONKARAKENNE OYJ’S HOLDING OF TREASURY SHARES

Honkarakenne Oyj has assigned 15 000 Honkarakenne B-shares as a part of CEO’s performance-based incentive for year 2019.

The handover date for the shares was 1 June 2020. After the transfer, Honkarakenne group holds 349 385 of its own class B shares.

Honkarakenne Oyj

Board of Directors

Further information:

Marko Saarelainen, President and CEO, tel. +358 (0)40 542 0254, [email protected] or Leena Aalto, Vice President - Finance, CFO, tel. +358 (0)40 769 4590, [email protected]

DISTRIBUTION

NASDAQ OMX Helsinki

Key media

Financial Supervisory Authority

www.honka.com

Under its Honka® brand, Honkarakenne manufactures high-quality, healthy and ecological detached houses, holiday homes and public buildings using Finnish solid wood. The company has delivered 85,000 buildings to more than 50 countries. House packages are made in Finland, the companys’s own factory is located in Karstula, Finland. In 2019, the Honkarakenne Group had net sales of MEUR 47.5, of which exports accounted for 34%. www.honka.com

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