Corporate governance

The Board of Directors has been formally requested to convene this Extraordinary General Meeting by a shareholder who holds 4,461,150 shares, representing approximately 13.2% of the total shares and votes in the Company. This request is made pursuant to Chapter 5, Section 4 of the Finnish Limited Liability Companies Act (624/2006), as the requesting shareholder meets the statutory requirement of holding at least one-tenth of all Company shares. The undersigned shareholder proposes that the Extraordinary General Meeting resolve upon the authorization of the Board of Directors to decide on the issuance of shares, as set out in Section A of this Notice of Extraordinary General Meeting.

The necessity for this Extraordinary General Meeting arises from the outcome of the Annual General Meeting held on April 2, 2026, where a proposal to authorize the Board of Directors to decide on a share issue did not achieve the necessary qualified majority. The shareholder requesting the Extraordinary General Meeting has indicated that the voting result was caused by technical and administrative difficulties that several significant shareholders faced with the Annual General Meeting registration process, which consequently prevented them from exercising their voting rights.

The Board of Directors, considers it essential for the Company’s interests and all shareholders that the Board of Directors has the necessary financial flexibility to secure funding and execute the Company's growth strategy. Shareholders holding in total of 51.7% of the total shares and votes in the Company have expressed for the Board of Directors their support for the authorization of the Board of Directors to decide on the issuance of shares. Consequently, the Board of Directors has decided to convene the Extraordinary General Meeting.