Rapala VMC Oyj — Director's Dealing 2022

May 4, 2022

NOTIFICATION OF TRANSACTIONS BY MANAGERS AND THEIR CLOSELY ASSOCIATED PERSONS

Rapala VMC Corporation has received on May 4, 2022 the following notification pursuant to Article 19 of the EU Market Abuse Regulation from a person closely associated with a person discharging managerial responsibilities in Rapala VMC Corporation.

Person subject to the notification requirement

Name: Viellard Migeon Et Compagnie SA Position: Closely associated person

Person discharging managerial responsibilities in issuer

Name: Emmanuel Viellard Position: Member of the Board/Deputy member Name: Louis Audemard d'Alançon Position: Member of the Board/Deputy member Name: Cyrille Viellard Position: Other senior manager

Issuer

Name: Rapala VMC Corporation LEI: 7437009TB42O2AB3JW91

Initial notification Reference number: 14262/4/4

Transaction details Transaction date: 2022-05-03 Venue: NASDAQ HELSINKI LTD (XHEL) Instrument: Share ISIN: FI0009007355 Nature of the transaction: Acquisition Volume: 84 701 Unit price: 5.87000 Aggregated transactions Volume: 84 701 Volume weighted average price: 5.87000

For further information, please contact: General Counsel, Olli Aho, tel. +358 9 7562 540

Distribution: Nasdaq Helsinki and main media

About Rapala VMC Corporation

Rapala group is the world's leading fishing tackle company and the global market leader in fishing lures, treble hooks and fishing related knives and tools. Group has a strong global position also in other fishing categories and Rapala's distribution network is largest in the fishing industry. The main manufacturing facilities are in Finland, France, Estonia and the UK. Rapala group's brand portfolio includes the leading brand in the industry, Rapala, and other global brands like VMC, Sufix, Storm, Blue Fox, Luhr Jensen, Williamson, Dynamite Baits, Mora Ice, StrikeMaster, Marttiini, Peltonen and 13 Fishing outside of the USA as well as Okuma in Europe. Group, with net sales of EUR 294 million in 2021, employs some 1 800 people in approximately 40 countries. Rapala VMC Corporation's share is listed and traded on the Nasdaq Helsinki stock exchange since 1998.