Orion Oyj

Share Issue/Capital Change • Dec 18, 2019

Disclosure 377686

Orion - Other information disclosed according to the rules of the Exchange

33,944 Orion Corporation A shares converted into B shares

ORION CORPORATION STOCK EXCHANGE RELEASE 18 DECEMBER 2019 at 10.15 EET

33,944 Orion Corporation A shares converted into B shares

In accordance with Section 3 of the Articles of Association of Orion Corporation, 33,944 A shares have been converted into 33,944 B shares. The conversion has been entered into the Trade Register on 18 December 2019.

The total number of shares in Orion Corporation is 141,257,828 which, after the conversion, consists of 36,335,463 A shares and 104,922,365 B shares. The number of votes of the company's shares is after the conversion 831,631,625.

Orion Corporation

Jari Karlson CFO		Olli Huotari SVP, Corporate Functions

Contact person:

Tuukka Hirvonen, Investor Relations, tel. +358 010 426 2721

Publisher:

Orion Corporation

Communications

Orionintie 1A, FI-02200 Espoo, Finland

www.orion.fi

Orion is a globally operating Finnish pharmaceutical company – a builder of well-being. Orion develops, manufactures and markets human and veterinary pharmaceuticals and active pharmaceutical ingredients. The company is continuously developing new drugs and treatment methods. The core therapy areas of Orion’s pharmaceutical R&D are central nervous system (CNS) disorders, oncology and respiratory diseases for which Orion develops inhaled Easyhaler® pulmonary drugs. Orion’s net sales in 2018 amounted to EUR 977 million and the company had about 3,200 employees at the end of the year. Orion’s A and B shares are listed on Nasdaq Helsinki.