Robit Oyj — AGM Information 2018

Mar 28, 2018

RESOLUTIONS OF THE ANNUAL GENERAL MEETING OF ROBIT PLC

RESOLUTIONS OF THE ANNUAL GENERAL MEETING OF ROBIT PLC

ROBIT PLC STOCK EXCHANGE RELEASE 28 MARCH 2018 AT 3.45 P.M.

RESOLUTIONS OF THE ANNUAL GENERAL MEETING OF ROBIT PLC

The Annual General Meeting of Robit Plc held today 28 March 2018 passed the
following resolutions:

1. Adoption of the financial statements and consolidated financial statements

The General Meeting adopted the financial statements and consolidated financial
statements for the financial period 1 January - 31 December 2018.

1. Payment of dividend

The General Meeting resolved to pay a dividend of EUR 0.10 per share for the
financial period 1 January - 31 December 2018. The record date for the dividend
payment is 3 April 2018 and the payment date is 10 April 2018.

1. Resolution on discharge from liability

The General Meeting resolved to discharge the members of the board of directors
and the managing directors from liability for the financial period ending 31
December 2017.

1. Composition and remuneration of the board of directors

The General Meeting resolved that the Board of Directors consist of six members.
Tapio Hintikka, Mammu Kaario, Hannu-Kalle Reponen and Harri Sjöholm were re-
elected as members of the Board. In addition, Heikki Allonen and Kai Seikku were
elected new members of the Board of Directors. Heikki Allonen was elected
chariman of the Board of Directors.

The annual remuneration for the Chairman of the Board is EUR 45,000, of which
40% is paid as shares, and the remaining 60% is advance tax withheld and paid to
the tax authority by the Company. In addition, a compensation of EUR 500 is paid
per attended meeting. Other costs such as travel and lodging expenses will also
be compensated.

The annual remuneration for the Board members is EUR 30,000, of which 40% is
paid as shares, and the remaining 60% is advance tax withheld and paid to the
tax authority by the Company. In addition, an attendance fee of EUR 500 is paid
per attended meeting. Other costs such as travel and lodging expenses will also
be compensated.

In addition to these fees, members of the Board of Directors' working committee
will receive a monthly remuneration of EUR 750. The Chairman of the Board of
Directors shall not be paid the additional working committee remuneration, as
this remuneration is already included in his compensation stated above.

The members of the nomination-, remuneration- and audit committees of the Board
of Directors will receive a compensation of EUR 500 per attended meeting.

The annual remuneration for the entire term of office is paid in December 2018.
The part of the remuneration that shall be paid in shares may be paid by issuing
new shares in the Company or by acquiring Shares by the authorization given to
the Board of Directors by the General Meeting of Shareholders. Primarily, the
shares should be paid by acquiring own shares in the public market. The receiver
of the remuneration shall pay the transfer tax.

1. Remuneration and election of auditor

Ernst & Young Oy, an Authorized Public Accounting firm, was elected as the
Company's auditor for a term that will continue until the end of the next Annual
General Meeting. Ernst & Young Oy has notified the Company that Authorized
Public Accountant Mikko Järventausta will serve as the auditor-in-charge.

The General Meeting resolved to pay the auditor's remuneration in accordance
with the reasonable invoice approved by the Company.

1. The Board of Directors was authorised to resolve on the repurchase of the
   Company's own shares

The Board of Directors was authorized to resolve on the repurchase of own shares
in the Company as follows.

The General Meeting authorizes the Board of Directors to resolve on the
repurchase of a maximum of 2,108,390 shares in the company in one or several
tranches by using funds in the unrestricted shareholders' equity. The maximum
number of shares that can be repurchased corresponds to approximately 10 % of
all the shares in the Company on the date of this notice. However, the Company,
together with its subsidiaries, cannot at any moment own more than 10 % of all
the shares in the Company. Only the unrestricted equity of the Company can be
used to repurchase own shares based on the authorization.

The shares can be repurchased otherwise than in proportion to the shareholdings
of the shareholders in public trading arranged by Nasdaq Finland Oy for the
market price formed at the moment of purchase or otherwise at a price formed on
the market. The authorization is proposed to be used e.g. to be assigned as a
part of possible corporate acquisitions, as part of company's share based
incentive system or other matters decided by the Board of Directors as well as
to be further assigned, to be held at the ownership of the company or to be
annulled by the company. The Board of Directors can decide upon any other
conditions of repurchase of company's own shares.

The authorization to repurchase own shares granted to the Board of Directors on
20 April 2017 was revoked.

The authorization is valid until the closing of the next Annual General Meeting,
however, no longer than until 30 June 2019.

1. The Board of Directors was authorised to resolve on the issuance of shares
   and rights entitling to shares

The Annual General Meeting resolved to authorize the Board of Directors to
resolve on the issuance of shares and the issuance of special rights entitling
to shares as referred to in Chapter 10 Section 1 of the Finnish Limited
Liability Companies Act in one or several parts, either against payment or
without payment.

The aggregate number of shares to be issued, including the shares to be received
based on special rights, shall not exceed 3,000,000 shares, which corresponds to
approximately 14 % of the current shares of the company on the date of this
notice. The Board of the Directors may resolve to issue new shares or to
transfer own shares possibly held by the company.

The Board of Directors is authorized to decide on all other matters related to
the issuance of shares and special rights entitling to shares, including the
right to deviate from the pre-emptive right of shareholders to subscribe to
shares to be issued. The authorization is pro-posed to be used in financing of
the growth of the company, as consideration in corporate acquisitions, as part
of the company incentive system or for other purposes decided by the Board of
Directors.

The authorization is valid until the closing of the next Annual General Meeting,
however, no longer than until 30 June 2019. The authorisation will revoke all
earlier authorisations to issue shares, share options and other special rights
entitling to shares, to the extent unused.

The minutes of the Annual General Meeting is made available no later than 11
April 2018 on the website of Robit Plc at
https://www.robitgroup.com/?investor=corporate-governance/general-meeting.

ROBIT PLC

Board of Directors

Further information:

Heikki Allonen, Chairman

+358 400 421 234

heikki.allonen@robitgroup.com

Robit is a strongly internationalized growth company selling and servicing
global customers in drilling consumables for applications in mining,
construction and contracting, tunneling and well drilling. The company's
offering is divided into three product and service range: Top Hammer and Down-
the-Hole products as well as Digital Services. Robit has 21 own sales and
service points as well as active sales networks in 115 countries. The
manufacturing units are located in Finland, South Korea, Australia, UK and USA.

Distribution:

Nasdaq Helsinki Ltd

Key media

www.robitgroup.com

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