Outokumpu – Transfer of the company’s own shares

Outokumpu Oyj
Stock exchange release
February 21, 2023 at 11.00 am EET

Outokumpu – Transfer of the company’s own shares

Based on the decision of the Board of Directors of Outokumpu Oyj, a total of 891,710 Outokumpu’s shares have been transferred for delivery to the personnel participating in the Performance Share Plan’s plan period 2020–2022 and Restricted Share Pool’s plan periods 2020–2022, 2021–2023 and 2022–2024. The share rewards were announced on February 9, 2023.

Trading code: OUT1V
Number of shares: 891,710
Price/share: Gratuitous

Outokumpu uses its treasury shares for the share rewards, which means that the total number of shares of the company does not change. After the transfer, Outokumpu holds a total of 16,420,562 own shares.

More information on share-based programs and their terms is available at www.outokumpu.com/en/investors/governance/remuneration/share-based-incentive-programs.

For more information:

Investors: Linda Häkkilä, Head of Investor Relations, tel. +358 400 719 669

Media: Päivi Allenius, VP – Communications and Brand, tel. +358 40 753 7374

Media desk, tel. +358 40 351 9840, e-mail media@outokumpu.com

Outokumpu is the global leader in stainless steel. The foundation of our business is our ability to tailor stainless steel into any form and for almost any purpose. Stainless steel is sustainable, durable and designed to last forever. Our customers use it to create civilization’s basic structures and its most famous landmarks as well as products for households and various industries. Outokumpu employs more than 8,000 professionals in close to 30 countries, with headquarters in Helsinki, Finland and shares listed in Nasdaq Helsinki. www.outokumpu.com