Sitowise Group Oyj — Share Issue/Capital Change 2021

Dec 16, 2021

Sitowise Group Plc issues 250,000 new shares without consideration to the company itself in a directed issue

Sitowise Group Plc issues 250,000 new shares without consideration to the company itself in a directed issue

Sitowise Group Plc Stock Exchange Release 16 December 2021 at 9:00 am (EET)

Sitowise Group Plc issues 250,000 new shares without consideration to the
company itself in a directed issue

On 15 December 2021, the Board of Directors of Sitowise Group Plc ("Sitowise")
has decided, by virtue of the authorisation granted by the unanimous resolution
of the shareholders on 3 March 2021, to issue in a directed issue 250,000 new
Sitowise shares (the "Shares") to Sitowise itself without consideration. The
number of Shares issued in the share issue (the "Share Issue") corresponds to
approximately 0.7 per cent of shares in Sitowise after the registration of the
new Shares.

Sitowise carries out the Share Issue to itself in order to have a sufficient
number of Shares available for use in reinvestments and as consideration in
future corporate acquisitions and in the Company’s incentive plans and to
increase commitment of key personnel.

The Shares are expected to be registered in the Trade Register and entered into
the book-entry system of Euroclear Finland Ltd on or about 3 January 2022. The
intention is to apply for the Shares to be admitted for trading on the official
list of Nasdaq Helsinki Ltd on or about 4 January 2022.

As a result of the Share Issue, the number of shares in Sitowise will increase
to 35,665,927 shares of which 332,118 shares are held by Sitowise itself,
corresponding approximately 0.9 per cent of all shares in Sitowise.

Sitowise Group Plc
Board of Directors

Additional information:

Minttu Vilander, Chief Communications and Corporate Responsibility Officer,
Sitowise Group Plc, tel. +35840575 6660

Distribution:

Nasdaq Helsinki
Major media
www.sitowise.com

About Sitowise

Sitowise is a Nordic expert in the built environment that offers sustainable
design and consulting services. Sitowise operates in various size projects to
enable more responsible and smarter urban development as well as smooth
transportation. Sitowise offers its services in the following areas: Buildings,
Infrastructure and Digital Solutions. Sitowise’s operations are primarily in
Finland and Sweden, and it also has competence centers in Estonia and Latvia
mainly serving Sitowise’s projects in Finland and Sweden. The group’s net sales
was approximately EUR 160 million in 2020 and the company employs about 2,000
experts.