Sitowise Group Oyj

Major Shareholding Notification • Oct 6, 2023

Disclosure 438019

Sitowise Group Plc - Major shareholder announcements

Correction: Announcement of a Change in Shareholding According to Chapter 9, Section 10 of the Finnish Securities Market Act

Sitowise Group Plc Stock Exchange Release 6 October 2023 at 2.30 p.m. (EEST) Sitowise Group Plc (the "Company") has on 6 October 2023 received a correction from Paradigm Capital Value Fund SICAV to the notification originally received on 28 September 2023 in accordance with the Chapter 9, Section 10 of the Finnish Securities Market Act from. In the corrected notification, the number of shares and their share of the issuer's total number of shares and voting rights has been corrected. The corrected information is presented in this release. According to the notification, Paradigm Capital Value Fund SICAV holds a total of 3,575,309 shares corresponding to 10.02 percent of the Company's shares and votes. The Company has one series of shares in which each share carries one vote. The total number of shares and votes is 35,665,927. Total positions of Paradigm Capital Value Fund SICAV according to the notification: % of % of shares and Total Total shares voting rights of number of and through financial both shares voting instruments (total in % and voting rights of B) (A + rights of (total B) issuer of A) Resulting situation 10.02 0 10.02 35,665,927 on the date on which threshold was crossed or reached Position of previous 5.00 0 5.00 notification on 27 October 2022 (information added by the Company) Notified details of the resulting situation on the date on which the threshold was crossed or reached: A: Shares and voting rights Class/type Number of % of shares and voting rights of shares shares and voting rights ISIN code Direct Indirect Direct Indirect (if (SMA 9:5) (SMA 9:6 (SMA 9:5) (SMA 9:6 and 9:7) possible) and 9:7) FI4000480215 3,575,309 0 10.02% 0 SUBTOTAL A 3,575,309 10.02% B: Financial instruments according to the Finnish Securities Market Act, Chapter 9, Section 6a Type of Expiration Exercise/ Physical or Number of shares % of shares financial date Conversion cash and voting rights and voting instrument period settlement rights N/A N/A N/A N/A N/A N/A SUBTOTAL B N/A N/A Information in relation to the person subject to the notification obligation: Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer. Sitowise Group Plc Additional information: Hanna Masala, CFO, Sitowise Group Plc, tel. +358 40 558 1323 Distribution: Nasdaq Helsinki Major media www.sitowise.com About Sitowise Sitowise is a Nordic expert in the built environment with strong focus on digitality. We provide design and consulting knowhow to enable more sustainable and smarter urban development as well as smooth transportation. Sitowise offers services related to real estate and buildings, infrastructure, and digital solutions both in Finland and in Sweden. Global megatrends drive huge changes that require a re-evaluation of the smartness in the built environment - therefore we have set our vision to be Redefining Smartness in Cities. The Group's net sales were EUR 204 million in 2022 and the company employs more than 2,200 experts. Sitowise Group Plc is listed on Nasdaq Helsinki under the trading symbol SITOWS.