Charges against a member of the Board of Directors of Raute in a Ramirent Oyj related matter have been dropped

Raute Corporation, Stock Exchange Release, 10 January 2025 at 2:00 p.m. EET

Charges against a member of the Board of Directors of Raute in a Ramirent Oyj related matter have been dropped

According to the information that Raute Corporation has received, the public prosecutor has decided to drop charges related to suspected securities markets offences against Laura Raitio, who is a member of the Board at Raute Corporation.

The matter did not relate to Raute Corporation nor have had an effect on the work of the Raute Board.

RAUTE CORPORATION
Corporate Communications

DISTRIBUTION:
Nasdaq Helsinki Ltd, main media, www.raute.com

RAUTE IN BRIEF - Making Wood Matter
Raute is the partner to future-proof the wood industry. Our technologies cover different production processes with supporting digital and analytics solutions for engineered wood products. Additionally, we offer full-scale service concept ranging from spare parts to regular maintenance and modernizations. Our innovative hardware and software solutions are designed to support our customers’ efficient consumption of natural resources. In mill-scale projects, Raute is a global market leader both in the plywood and LVL industries. Raute’s head office and main production is located in Lahti, Finland. The company’s other production plants are located in Kajaani, Finland, the Vancouver area of Canada, Changzhou, China, and in Pullman, WA, USA. Raute’s net sales in 2023 were EUR 145.4 million. The Group’s headcount at the end of 2023 was 754. More information about the company can be found at www.raute.com.