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

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

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Correction to 20.3.2024 3.30 pm. announcement, addition of distribution channels.

Musti Group plc                         Stock Exchange Release                                         21 March 2024 at 9.50 am.

Musti Group plc (the “Company”) has on 20 March 2024 received a notification in accordance with the Chapter 9, Section 5 of the Finnish Securities Markets Act from Efanor Investimentos, SGPS S.E., according to which the holding of Flybird Holding Oy (“Sonae”) of the shares and votes of the Company increased above the threshold of 2/3 on 20 March 2024.

Sonae holds a total of 27,114,747 shares rights corresponding to an ownership of 80.85 percent of the Company’s shares.

Total positions of Sonae 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 80.85 - 80.85   33,535,453
Position of previous notification (if applicable) 51.23 - 51.23   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 27,114,747 N/A 80.85
SUBTOTAL A N/A 27,114,747 N/A 80.85

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
N/A
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
Efanor Investimentos, SGPS, S.E. 0 0 0
Sonae - SGPS, S.A. 0 0 0
Sonae Holdings, S.A. 0 0 0
Flybird Holding Oy 80.85 0 80.85

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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