Innofactor Plc — Major Shareholding Notification 2013

Sep 18, 2013

Flagging announcement pursuant to Chapter 9, Section 5 of the Finnish Securities Markets Act

Flagging announcement pursuant to Chapter 9, Section 5 of the Finnish Securities Markets Act

Innofactor Plc Stock Exchange Release September 18, 2013, at 15:15 Finnish time

On September 18, 2013, Innofactor Plc has received the following notification:

1. Issuer of shares

Innofactor Plc, business identity code FI06861637.

1. Shareowner obliged to give notification

Sentica Kasvurahasto II Ky, business identity code FI20078016

1. Reason for notification

Sentica Kasvurahasto II Ky's ownership of Innofactor Plc votes and shares has
fallen under one tenth (10 percent) due to the directed share issue in
accordance of the resolution of the Board of Directors of Innofactor Plc on
September 17, 2013 and due to the decision of the Board of Directors on
September 17, 2013 to cancellation of shares held by the company have been
registered in the Trade Register before end of September 2013.

1. Share of the ownership in the company on September 18, 2013:

Sentica Kasvurahasto II Ky; 3,539,189 shares, 9.94 % of shares and votes.

Innofactor Plc has currently 35,144,179 shares and shall have a total of
35,590,551 shares when new 1,015,372 issued shares and 569,000 cancelled
shares have been registered in the Trade Register before end of September 2013.

Espoo, September 18, 2013

INNOFACTOR PLC

Sami Ensio, CEO

Additional information:

Sami Ensio, CEO
Innofactor Plc
Tel. +358 50 584 2029

Distribution:

NASDAQ OMX Helsinki
Principal media
www.innofactor.com

Innofactor is one of the leading software providers focused on Microsoft
solutions in the Nordic Countries. Innofactor delivers to its customers IT
projects as a system integrator and develops its own software products and
services. The focus area in Innofactor's own product development is Microsoft
Azure-based cloud solutions. Innofactor's customers include over 1,000
commercial and public sector organizations in Finland, Denmark and elsewhere in
Europe. In its operation, Innofactor strives for long-term customer
relationships. Innofactor has about 400 motivated and skilled employees in
several locations in Finland, Denmark and Russia. The five year (2008 to 2012)
growth of Innofactor's net sales has been about 35 percent annually. Innofactor
is the fastest growing technology company in the Finnish stock exchange. The
Innofactor Plc share is listed in the technology section of the main list of
NASDAQ OMX Helsinki Oy.