Wulff-Yhtiöt Oyj — AGM Information 2021

Apr 8, 2021

Decisions of Wulff Group Plc’s Annual General Meeting on April 8, 2021

Decisions of Wulff Group Plc’s Annual General Meeting on April 8, 2021

STOCK EXCHANGE RELEASE  8.4.2021 AT 3.00 P.M.

Wulff Group Plc’s Annual General Meeting held on April 8, 2021 decided to pay a
dividend EUR 0.12 per share for the financial year 2020. The record date will be
April 12, 2021 and the payment date will be April 21, 2021. The Annual General
Meeting authorised the Board of Directors to decide on the repurchase of the
company’s own shares. Also the other proposals to the Annual General Meeting
were accepted as such.

Kari Juutilainen, Lauri Sipponen, Jussi Vienola and Kristina Vienola were
elected as members of the Board. The organising meeting of Wulff Group Plc’s
Board of Directors, held after the Annual General Meeting, decided that the
Chairman of the Board is Kari Juutilainen.

The Annual General Meeting decided that the reimbursements to the Auditors are
paid on the basis of reasonable invoicing. BDO Oy, a company of Authorized
Public Accountants, with Authorized Public Accountant Juha Selänne as the lead
audit partner, was chosen as the auditor of Wulff Group Plc.

The Annual General Meeting adopted the financial statements for the financial
year 2020 and discharged the members of the Board of Directors and CEO from
liability for the financial year 2020.

The Annual General Meeting adopted the remuneration report proposed by the Board
of Directors.

Payment of dividend

Wulff Group Plc’s Annual General Meeting held on April 8, 2021 decided to pay a
dividend EUR 0.12 per share for the financial year 2020. The record date will be
April 12, 2021 and the payment date will be April 21, 2021.

Remuneration report of the company's governing bodies 2020

The Annual General Meeting adopted the remuneration report 2020 proposed by the
Board of Directors.

Members of the Board of Directors

The Annual General Meeting decided that the number of the board members is four.
Kari Juutilainen, Lauri Sipponen, Jussi Vienola and Kristina Vienola were
elected as members of the Board. The organising meeting of Wulff Group Plc’s
Board of Directors, held after the Annual General Meeting, decided that the
Chairman of the Board is Kari Juutilainen.

The Annual General Meeting decided that the members of the Board of Directors
will receive a monthly fee of EUR 1,250.

Auditors

The Annual General Meeting decided that the reimbursements to the Auditors are
paid on the basis of reasonable invoicing. BDO Oy, a company of Authorized
Public Accountants, with Authorized Public Accountant Juha Selänne as the lead
audit partner, was chosen as the auditor of Wulff Group Plc.

Authorizing the Board of Directors to decide on the repurchase of the company’s
own shares

The Annual General Meeting authorised the Board of Directors to resolve on the
acquisition of maximum 300,000 own shares. The authorization is effective until
April 30, 2022. The authorization encompasses the acquisitions of the own shares
through the public trading arranged by NASDAQ OMX Helsinki Oy in pursuance of
its rules or through a purchase offer made to the shareholders. The
consideration paid for the acquired shares must be based on the market price. To
carry out treasury share acquisitions, derivative, stock loan and other
agreements may be made on the capital market in accordance with the relevant
laws and regulations.

The authorization entitles the Board of Directors to deviate from the pre
-emptive rights of shareholders (directed acquisition) in accordance with the
law. The company can acquire treasury shares to carry out acquisitions or other
business-related arrangements, to improve the company's capital structure, to
support the implementation of the company's incentive scheme or to be cancelled
or disposed of. The Board of Directors has the right to decide on other matters
related to the acquisition of treasury shares.

Authorizing the Board of Directors to decide on a share issue and the special
entitlement of the shares

The Annual General Meeting authorised the Board to decide on the issue of new
shares, disposal of treasury shares and/or the issue of special rights referred
to in Chapter 10, Section 1 of the Companies Act in the following way:

The authorisation entitles the Board to issue a maximum of 1,300,000 shares,
representing approximately 20% of the company's currently outstanding stock,
based on a single decision or several decisions. This maximum number encompasses
the share issue and the shares issued on the basis of special rights. The share
issue may be subject to or exempt from fees and may be carried out for the
company itself as provided in the law.

The authorisation remains in force until April 30, 2022. The authorisation
entitles the Board to deviate from shareholders' pre-emptive rights as provided
in the law (private placement). The authorisation can be used to carry out
acquisitions or other business-related arrangements, to finance investments, to
improve the company's capital structure, to support the implementation of the
company's incentive scheme or for other purposes as decided by the Board.

The authorisation includes the right to decide on the way in which the
subscription price is entered in the company's balance sheet. The subscription
price can be paid in cash or as a non-cash contribution, either partly or in
full, or by offsetting the subscription price with a receivable of the
subscriber. The Board of Directors has the right to decide on other matters
related to the share issue.

In Espoo on April 8, 2021

WULFF GROUP PLC

BOARD OF DIRECTORS

Further information:

CEO Elina Pienimäki

tel. +358 40 647 1444

e-mail: elina.pienimaki@wulff.fi

DISTRIBUTION

NASDAQ OMX Helsinki Oy

Key media

www.wulff.fi/en/

A better world – one workplace at a time. Wulff’s goal is a perfect workday! We
enable better working environments and create workplaces, wherever you are. More
comfortable, healthier, safer, more enjoyable, more active and more diverse? How
do you want to better you workday and working environment? Wulff has the
solution. We offer our customers hygiene- and protective products, air
purifiers, office supplies, facility management products, catering solutions, IT
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Customers can also acquire international exhibition services from Wulff. In
addition to Finland, Wulff operates in Sweden, Norway, and Denmark. Check out
our products and services at wulff.fi/en (http://www.wulff.fi/en).

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