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Solteq is a Nordic software solution and expert service provider specializing in retail and energy sectors and needs related to e-commerce. The company employs over 650 professionals and has offices in Finland, Sweden, Norway, Denmark, Poland, and the UK.

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Inside Information: Solteq sells its business based on Danish healthcare software solutions

Stock Exchange BulletinInside InformationNovember 18, 2024, at 09:20 a.m. EET  On November 18, 2024, Solteq Denmark A/S, the Danish subsidiary of the Solteq Group, signed a business transfer agreement under which the business based on healthcare software solutions will be sold to Confirma Software (the “Transaction”). The net debt-free purchase price of the business is EUR four (4) million. The purchase price will be paid upon completion of the Transaction. The purchase price will be paid in cash. The Transaction is estimated to be completed by the end of 2024 but no later than

Solteq Plc’s Financial Reporting and Annual General Meeting in 2025

Stock Exchange BulletinFinancial CalendarNovember 5, 2024, at 9:00 a.m.Solteq Plc publishes the following financial reports during 2025: Financial Statements Bulletin 2024 – February 13, 2025, at 08:00 a.m. EETInterim Report 1–3/2025 – April 29, 2025, at 08:00 a.m. EETHalf-Year Report  1–6/2025 – August 21, 2025, at 08:00 a.m. EETInterim Report 1–9/2025 – October 29, 2025, at 08:00 a.m. EET The 2024 Annual Report, including the Report of the Board of Directors and Financial Statements, will be published on Solteq’s website by March 5, 2025.  The Annual General Meeting

Correction: Solteq Plc corrects its Consolidated Cash Flow Statement published on the Interim Report Jan 1–Sep 30, 2024

Stock Exchange BulletinInterim ReportOctober 24, 2024, at 5:15 p.m. EET Solteq Plc corrects its Consolidated Cash Flow Statement concerning the cash flow from operating activities and the cash flow from financing activities published in the Interim Report Jan 1–Sep 30, 2024. Hence, the net cash flow from operating activities is EUR 1,230 thousand and the net cash used in financing activities is EUR -1,914 thousand for the review period 1–9, 2024. The corrections have no impact on other calculations.The corrected Consolidated Cash Flow Statement is below, and the corrected Interim

Solteq Plc’s Interim Report January 1 – September 30, 2024

Stock Exchange Bulletin Interim ReportOctober 24, 2024, at 8.00 amTwofold third quarter: Profitability improved significantly, revenue fell below comparison periodJuly–September · Comparable revenue totaled EUR 11.4 million (12.2) and decreased by 6.5 percent. Revenue totaled EUR 11.4 million (12.2) and decreased by 6.5 percent · Comparable EBITDA was EUR 1.2 million (-0.1) and EBITDA EUR 0.9 million (0.5). Comparable EBITDA percent was 10.3 (-1.1) · Comparable operating result was EUR 0.6 million (-0.8) and operating result EUR 0.3 million(-0.7). Comparable operating

Inside information, profit warning: Solteq Plc lowers its guidance on comparable revenue for 2024

Stock Exchange Bulletin  Inside information  October 23, 2024, at 08:00 a.m. EET   Solteq Plc’s expectations for the ongoing financial year’s revenue have changed. The company lowers its guidance on comparable revenue in 2024 and expects it to fall below the comparison period. The guidance on operating profit remains the same. The new profit guidance for 2024 is: The company expects comparable revenue to diminish relative to the comparison period and operating result to be positive. The comparable revenue was EUR 54,183 thousand for the financial year 2023. The previous profit

Amendments to the terms and conditions of Solteq Plc notes approved in written procedure

Stock exchange bulletin Other information disclosed according to the Rules of the Exchange 13 September 2024 at 3.10 p.m. EEST   Solteq Plc (“Solteq” or the “Company”) has successfully completed its consent solicitation by way of a written procedure (the “Written Procedure”) in order to amend the terms and conditions (the “Terms and Conditions”) of its EUR 23 million senior unsecured fixed rate notes (ISIN: FI4000442264) (the “Notes”) so as to:   · extend the Final Maturity Date under the Terms and Conditions by 24 months, with the new Final Maturity Date being 1 October

The members of Shareholders’ Nomination Committee of Solteq Plc have been appointed

Stock Exchange Bulletin,Other information disclosed according to the rules of the ExchangeSeptember 6, 2024, at 4:00 p.m.   The Shareholders’ Nomination Committee of Solteq Plc consists of representatives of the four largest shareholders, registered on August 30, 2024. The following representatives have been nominated to the Shareholders’ Nomination Committee of Solteq Plc:•    Markku Pietilä, Chairman of the Board, nominated by Profiz Business Solution Oy (11.32% shares and votes) •    Jukka Vähäpesola, Head of Equities, nominated by Keskinäinen Työeläkevakuutusyhtiö Elo

Solteq Plc’s Half-Year Report January 1 – June 30, 2024

Stock Exchange BulletinHalf-Year ReportAugust 22, 2024, at 8.00 am   Significant Turnaround in Profitability – Comparable Operating Result improved by EUR 2.1 million April–June · Comparable revenue totaled EUR 13.4 million (13.6) and decreased by 1.5 percent. Revenue totaled EUR 13.4 million (14.3) and decreased by 6.1 percent · Comparable EBITDA was EUR 0.6 million (-1.3) and EBITDA EUR 0.6 million (7.7). Comparable EBITDA percent was 4.6 (-9.3) · Comparable operating result was EUR 0.0 million (-2.1) and operating result EUR 0.0 million(6.3). Comparable

Solteq commences a written procedure to amend the terms and conditions of its EUR 23 million notes due 1 October 2024

Stock Exchange Bulletin Other information disclosed according to the rules of the Exchange August 21, 2024, at 1:00 p.m.    Solteq Plc (the “Company”) has decided to commence a written procedure in accordance with the terms and conditions (the “Terms and Conditions”) of its EUR 23 million senior unsecured fixed rate notes (ISIN: FI4000442264) (the “Notes”) to amend the Terms and Conditions of the Notes (the “Written Procedure”). The Company announced on 2 August 2024 that it was considering commencing the Written Procedure to ensure the sufficiency of its funding and the

Inside information: Solteq provides preliminary information about its second quarter and considers commencing a written procedure to extend the final maturity date of its EUR 23 million notes

Stock Exchange Bulletin Inside Information August 2, 2024, at 10:45 a.m.   Solteq provides preliminary information about its financial development to support financing negotiations. The figures are preliminary and have not been audited.   “We have achieved a significant turnaround in earnings. In the second quarter, comparable EBITDA improved by EUR 1.9 million and the comparable operating result by EUR 2.1 million. This led to an improvement in profitability of over 15 percent and a slightly positive operating result in the second quarter.   The turnaround in

Solteq’s efficiency and cost-savings program has been completed

Stock Exchange BulletinOther information disclosed according to the rules of the ExchangeJune 24, 2024, at 1:00 p.m. Solteq’s efficiency and cost-savings program, targeted at the Retail & Commerce segment’s Commerce & Data business unit and the Group administration, has been completed. The company will execute cost-savings and reduction measures in Finland and other group companies, and it estimates achieving annual savings of approximately EUR 3.4 million. Approximately a third of the annual cost savings is expected to be realized in 2024.  As part of the efficiency and cost-

Inside information: Solteq to initiate an efficiency and cost-savings program to improve profitability

Stock Exchange BulletinInside InformationApril 30, 2024, at 08:02 a.m. Solteq Group initiates an efficiency and cost-savings program to achieve approximately EUR 3.5 million in annual cost savings. The efficiency and cost-savings program concerns the Retail & Commerce segment’s Commerce & Data business unit and Group Administration. The goal is to improve profitability by reorganizing and enhancing the efficiency of operations.“The volatile global economy continues to affect customer demand, especially in the offering of the Commerce & Data business unit. Customer organizations are

Solteq Plc’s CEO Aarne Aktan to take on the leadership responsibilities of the Utilities segment

Stock Exchange BulletinChanges Board/Management/AuditorsApril 30, 2024, at 08:01 a.m.Solteq Plc's CEO, Aarne Aktan (b. 1973), takes on the leadership responsibilities of the Utilities segment's business in addition to his current duties. On April 3, 2024, the company announced the resignation of Jaakko Hirvensalo, who has served as the EVP of Utilities. Aarne Aktan has comprehensive experience in the development and commercialization of software products. In addition, he has long-standing expertise in the leadership of software businesses. As of May 1, 2024, the composition and

Solteq Plc’s Interim Report January 1 – March 31, 2024

Stock Exchange Bulletin Interim ReportApril 30, 2024, at 8.00 amA Positive Turnaround in ProfitabilityJanuary–March ·Comparable revenue totaled EUR 13.6 million (14.1) and decreased by 3.8 percent. Revenue totaled EUR 13.6 million (16.9) and decreased by 19.7 percent ·Comparable EBITDA was EUR 0.4 million (0.1) and EBITDA EUR 0.4 million (1.3). Comparable EBITDA percent was 2.6 (0.9) ·Comparable operating result was EUR -0.2 million (-0.7) and operating result EUR -0.2 million(-0.1). Comparable operating result percent was -1.8 (-4.6) ·Earnings per

Solteq updates the definitions of comparable EBITDA and operating result, and publishes new figures concerning them for 2023

Stock exchange bulletinOther information published under the rules of the exchangeApril 24, 2024, at 1:30 p.m. Solteq Plc publishes new comparable data for the financial year 2023. The company has changed the definition of comparable EBITDA and comparable operating result and added significant changes from product development activations and related depreciation to items affecting comparability. The definition of comparable revenue remains unchanged. In December 2023, the company changed its operating logic of dealing with product development activities. The development of own

Changes in Solteq Plc’s Executive Team

Stock Exchange BulletinChanges board/management/auditorsApril 3, 2024, at 10:00 a.m. Solteq Plc’s EVP of Utilities and member of the Executive Team, Jaakko Hirvensalo, has announced his resignation. Hirvensalo will continue in his current position and as a member of the Executive Team until the end of April 2024. Jaakko Hirvensalo has been employed by the company since 2021, joining the company after the business transfer agreement between Partiture Oy and Solteq. Hirvensalo has served in his current role as the EVP of the Utilities segment and a member of Solteq Group's Executive

Solteq Plc: Decisions of the Annual General Meeting 2024 and the Board of Directors' organizing meeting

Stock Exchange BulletinDecisions of the general meetingMarch 27, 2024, at 2:00 p.m. The Annual General Meeting of Solteq Plc was held today, 27 March 2024 without a meeting venue via real-time remote access. The Annual General Meeting supported all proposals made by the Board of Directors and Shareholders’ Nomination Committee to the Annual General Meeting and adopted the following resolutions: Financial statements, discharge of liability, and dividend distribution The Annual General Meeting adopted the financial statements for the financial year 1 January–31 December 2023 and

Notice to Solteq Plc’s Annual General Meeting 2024

Stock Exchange BulletinNotice to General MeetingMarch 5, 2024, at 8:05 a.m. Shareholders of Solteq Plc are hereby invited to the Annual General Meeting to be held on Wednesday 27 March 2024 at 10:00 (EET). The Annual General Meeting will be held without a meeting venue via real-time remote access in accordance with 11 § of the company’s Articles of Association and Chapter 5, Section 16 (3) of the Finnish Limited Liability Companies Act. Instructions for participation are set out in Part C of this Notice of Annual General Meeting. Shareholders can also exercise their voting rights

Solteq Plc’s Annual Report 2023 Has Been Published

Stock Exchange BulletinAnnual Financial ReportMarch 5, 2024, at 8:00 a.m. Solteq Plc’s Annual Report for the financial period January 1 – December 31, 2023, has been published in Finnish and English. In addition to the earlier published Report of the Board of Directors, Financial Statements, and Auditor’s Report, the Annual Report consists of Corporate Governance Statement, Remuneration Report, and Statement of Non-Financial Information. The Annual Report is attached to this stock exchange bulletin, and it is also available on the Company’s website.Attachments Annual Report

Solteq Plc’s Report of the Board of Directors, Financial Statements, and Auditor’s Report for the year 2023 Have Been Published

Stock Exchange BulletinAnnual Financial ReportFebruary 23, 2024, at 2:00 p.m. Solteq Plc’s Report of the Board of Directors, Financial Statements, and Auditor’s Report for the financial period January 1 – December 31, 2023, have been published in Finnish and English. The reports are attached to this stock exchange bulletin and can be found on the company’s website.  The Financial Statements are published in accordance with the European Single Electronic Format (ESEF) reporting requirements. The format of the report is Extensible Hypertext Markup Language (XHTML). In line with the

Solteq Plc’s Financial Statements Bulletin January 1 – December 31, 2023

Stock Exchange Bulletin Financial Statement ReleaseFebruary 15, 2024, at 8.00 amThe actions taken to enhance operational efficiency turned the company's profitability in a more positive directionOctober–December · Comparable revenue totaled EUR 14.2 million (14.2) and remained on the same level as comparison period. Revenue totaled EUR 14.3 million (16.9) and decreased by 15.6 percent · Comparable EBITDA was EUR -0.3 million (0.3) and EBITDA EUR -0.8 million (0.3). Comparable EBITDA percent was -2.0 (2.4) · Comparable operating result was EUR -1.0 million (-1.0) and

Changes in Solteq Plc’s Executive Team

Stock Exchange BulletinChanges board/management/ auditorsFebruary 2, 2024, at 2:15 p.m.The composition of the Executive Team of Solteq Plc changes as of February 2, 2024. With the change, Kari Lehtosalo, the company’s CFO and member of the Executive Team since 2019, will step down from his position by mutual agreement. The Board of Directors of Solteq Plc has appointed LL.M. Mikko Sairanen (b. 1985) as the company’s new CFO. He will also continue in his role as the company’s General Counsel. "I want to thank Kari for the shared years during which he has steered the company's

The proposals of Solteq’s Shareholders’ Nomination Committee for the 2024 Annual General Meeting

Stock Exchange BulletinOther information disclosed according to the rules of the ExchangeJanuary 25, 2024, at 4:00 p.m. Solteq Plc’s Shareholders’ Nomination Committee proposes to the Annual General Meeting, planned to be held on March 27, 2024, that seven (7) members are elected to the Board of Directors, the current Board members – Markku Pietilä, Katarina Cantell, Panu Porkka, Anni Sarvaranta, Mika Sutinen, and Esko Mertsalmi – are re-elected, and Lotta Airas is elected as a new member of the Board. The Board members’ term will end at the close of the 2025 Annual General Meeting.

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