Solteq Oyj — Capital/Financing Update 2020

Oct 1, 2020

Listing prospectus for Solteq Plc’s EUR 23,000,000 notes available

Listing prospectus for Solteq Plc’s EUR 23,000,000 notes available

Solteq Plc, Stock exchange release, 1 October 2020 at 3:00 pm EEST
Solteq Plc (“Solteq” or the “Company”) announced on 15 September 2020 its
decision to issue new notes. New euro-denominated senior unsecured fixed rates
notes in a nominal amount of EUR 23,000,000 (the “New Notes”), which will mature
on 1 October 2024, bear a fixed interest rate of 6.00 per cent per annum and are
callable before their final maturity.

The Finnish Financial Supervisory Authority has today approved the listing
prospectus of the New Notes. The listing prospectus is available in English on
the Company's website at www.solteq.com/en/investors/releases-and
-publications/prospectuses.

Solteq has submitted an application for the admission to trading of the New
Notes on the official list of Nasdaq Helsinki Ltd. Nasdaq Helsinki Ltd is
expected to admit the New Notes to public trading as of 5 October 2020 under the
trading code “STQJ600024”. Danske Bank A/S acts as Lead Manager for the issue
and Borenius Attorneys Ltd acts as the legal advisor for the Company.

Further information

CEO Olli Väätäinen
Tel: +358 50 557 8111
E-mail: olli.vaatainen@solteq.com

CFO Kari Lehtosalo
Tel: +358 40 701 0338
E-mail: kari.lehtosalo@solteq.com

Distribution

Nasdaq Helsinki
Key media
www.solteq.com

About Solteq

Solteq is a Nordic provider of IT services and software solutions specializing
in the digitalization of business and industry-specific software. The key
sectors in which the company has long term experience include retail, industry,
energy and services. The company operates in Finland, Sweden, Norway, Denmark,
Poland and the UK and employs 600 professionals.

Important Information

MiFID II product governance / Professional investors, eligible counterparties
and retail investors target market

Solely for the purposes of each manufacturer’s product approval process, the
target market assessment in respect of the New Notes has led to the conclusion
that:

i. the target market for the New Notes is eligible counterparties and
professional clients and retail clients, each as defined in Directive 2014/65/EU
(as amended, “MiFID II”); and

ii. all channels for distribution of the New Notes are appropriate.

Any person subsequently offering, selling or recommending the New Notes (a
“distributor”) should take into consideration the manufacturer’s target market
assessment; however, a distributor subject to MiFID II is responsible for
undertaking its own target market assessment in respect of the New Notes (by
either adopting or refining the manufacturers’ target market assessment) and
determining appropriate distribution channels.

Additional Information

The information contained herein is not for release, publication or
distribution, in whole or in part, directly or indirectly, in or into the United
States, Australia, Canada, Hong Kong, Japan, New Zealand, Singapore or South
Africa or such other countries or otherwise in such circumstances in which the
release, publication or distribution would be unlawful. The information
contained herein does not constitute an offer to sell or the solicitation of an
offer to buy, nor shall there be any sale of, the New Notes in any jurisdiction
in which such offer, solicitation or sale would be unlawful prior to
registration, exemption from registration or qualification under the securities
laws of any such jurisdiction.

This communication does not constitute an offer of securities for sale in the
United States. The New Notes have not been and will not be registered under the
U.S. Securities Act of 1933, as amended (the “Securities Act”) or under the
applicable securities laws of any state of the United States and may not be
offered or sold or otherwise transferred directly or indirectly, within the
United States or to, or for the account or benefit of, U.S. Persons (as defined
in Regulation S under the Securities Act (each a “U.S. Person”)) except pursuant
to an applicable exemption from, or in a transaction not subject to, the
registration requirements of the Securities Act.

This communication does not constitute an offer of the New Notes to the public
in the United Kingdom. No prospectus has been or will be approved in the United
Kingdom in respect of the New Notes. Consequently, this communication is
directed only at (i) persons who are outside the United Kingdom, (ii) investment
professionals falling within Article 19(5) of the Financial Services and Markets
Act 2000 (Financial Promotion) Order 2005 (the “Order”), (iii) high net worth
entities falling within Article 49(2) and (iv) other persons to whom this
communication may lawfully be distributed (all such persons together being
referred to as “relevant persons”). Any investment activity which this
communication relates will only be available to, and will only be engaged with,
relevant persons. Any person who is not a relevant person should not act or rely
on this document or any of its contents.

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