Announcement of a change in shareholding according to Chapter 9, Section 10 of the Finnish Securities Market Act

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Announcement of a change in shareholding according to Chapter 9, Section 10 of the Finnish Securities Market Act

Musti Group plc                         Stock Exchange Release                                         28 February 2024 at 8.30 a.m.

Musti Group plc (the “Company”) has on 26 February 2024 received a notification in accordance with the Chapter 9, Section 5 of the Finnish Securities Markets Act from JPMorgan Chase & Co, according to which JPMorgan Securities PLC’s (“JP Morgan”) holding of the shares and votes of the Company decreased below the threshold of 5 percent on 23 February 2024.

Total positions of JP Morgan according to the notification:

% of shares and voting rights
(total of A)
% of shares and voting rights through financial instruments (total of B) Total of both in %
(A + B)
Total number of shares and voting rights of issuer
Resulting situation on the date on which threshold was crossed or reached Below minimum threshold Below minimum threshold Below minimum threshold   33,535,453
Position of previous notification (if applicable) 5.72 0.44 6.16   33,535,453

Notified details of the resulting situation on the date on which the threshold was crossed or reached:

A: Shares and voting rights

Class/type of shares Number of shares and voting rights % of shares and voting rights
ISIN code (if possible) Direct
(SMA 9:5)
Indirect
(SMA 9:6 and 9:7)
Direct
(SMA 9:5)
Indirect
(SMA 9:6 and 9:7)
FI4000410758 N/A Below minimum threshold N/A Below minimum threshold
SUBTOTAL A N/A Below minimum threshold N/A Below minimum treshold

B: Financial instruments according to the Finnish Securities Market Act 9:6a

Type of financial instrument Expiration date Exercise/ Conversion period Physical or cash settlement Number of shares and voting rights % of shares and voting rights
SUBTOTAL B N/A N/A

Full chain of controlled undertakings through which the voting rights and/or the

financial instruments are effectively held:

Name % of shares and voting rights % of shares and votingrights throughfinancial instruments Total of both
JPMorgan Chase & Co.
JPMorgan Chase Bank, National Association
J.P. Morgan International Finance Limited
J.P. Morgan Capital Holdings Limited
J.P. Morgan Securities plc

Additional information

Martin Svedholm

Director, Treasury and Investor Relations

tel. +358 50 579 0324, martin.svedholm@mustigroup.com

Musti in brief

Musti makes the life of pets and their owners easier, safer and more fun. We are the leading Nordic pet care company, and we operate an omnichannel business model to cater for the needs of pets and their owners across Finland, Sweden and Norway. We offer a wide, curated assortment of pet products. We also provide pet care services such as grooming, training and veterinary services in selected locations.

Musti Group’s net sales were EUR 426 million in the financial year 2023. At the end of the financial year 2023, the company had 1,643 employees, 1.5 million loyal customers and 342 stores.

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