Orion Oyj

Share Issue/Capital Change • Dec 18, 2020

Disclosure 389855

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

8,242 Orion Corporation A shares converted into B shares

ORION CORPORATION STOCK EXCHANGE RELEASE 18 DECEMBER 2020 at 9.10 EET

8,242 Orion Corporation A shares converted into B shares

In accordance with Section 3 of the Articles of Association of Orion Corporation, 8,242 A shares have been converted into 8,242 B shares. The conversion has been entered into the Trade Register on 18 December 2020.

The total number of shares in Orion Corporation is 141,134,278 which, after the conversion, consists of 35,122,793 A shares and 106,011,485 B shares. The number of votes of the company's shares is after the conversion 808,467,345.

Orion Corporation

Jari Karlson CFO		Olli Huotari SVP, Corporate Functions

Contact person:

Tuukka Hirvonen, Investor Relations, tel. +358 10 426 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 neurological disorders, oncology, Finnish heritage rare diseases and respiratory diseases for which Orion develops inhaled pulmonary medication under Easyhaler® device portfolio. Orion's net sales in 2019 amounted to EUR 1,051 million and the company had about 3,300 employees at the end of the year. Orion's A and B shares are listed on Nasdaq Helsinki.