Alma Talent's Swedish event business unit to be discontinued

Alma Media Corporation                                    Press release 13.6.2018

ALMA TALENT´S SWEDISH EVENT BUSINESS UNIT TO BE DISCONTINUED

Alma Talent, a part of Alma Media, will close down its event business unit, Alma Talent Events Ab, in Sweden. The company has not reached targeted profitability. Alma Talent Events Ab has employed 12 persons full time 2018 and the revenue was approximately 1.5 million euros 2017.

Alma Talent will continue to organize events under its media brands (such as Affärsvärlden Årets ledare, Ny Teknik 33-listan and Dagens Media DJ-battle) arranged normally by media organizations.

For more information, please contact:

Juha-Petri Loimovuori, CEO, Alma Talent Oy, tel. +358 (0)500 511036

Alma Media is a media company focusing on the service business and journalistic content. The company’s best-known brands are Kauppalehti, Talouselämä, Affärsvärlden, Iltalehti, Aamulehti, Etuovi.com and Monster. Alma Media builds sustainable growth for its customers by utilising the opportunities of digitalisation, including information services, system and expert services and advertising solutions. Alma Media’s operations have expanded from Finland to the Nordic countries, the Baltics and Central Europe. Alma Media employs approximately 2,250 professionals (excluding delivery employees), of which approximately 30% work outside Finland. Alma Media’s revenue in 2017 was EUR 367.3 million. Alma Media’s share is listed on NASDAQ Helsinki. Read more at www.almamedia.com.

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