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Wetteri Plc’s interim report for 1 January to 30 September 2024: 30% growth in net sales, historically poor market conditions weakened operational performance

Wetteri Plc Interim report 22 November 2024 at 9.30Summary of the review period 1 July to 30 September 2024  · The Group’s revenue was EUR 119.6 million (EUR 110.3 million), with an increase of 8% · Adjusted EBITDA was EUR 6.2 million (EUR 6.9 million) · The adjusted operating profit was EUR 2.1 million (EUR 3.3 million) · The operating profit was EUR 1.2 million (EUR 2.1 million) · The revenue of the Passenger Cars segment decreased by EUR 1.1 million (-2%) year-on-year · The revenue of the Heavy Equipment segment increased by EUR 7.5 million (50%) year-on-year · The

Inside information: Wetteri Plc sells Wetteri Power Oy to Swedish Persson Invest AB, purchase price approx. EUR 32.5 million

The transaction strengthens the Group's financial position significantly Wetteri Plc Insider information 21 November 2024 at 14.00Automotive growth company Wetteri Plc sells its subsidiary Wetteri Power Oy to Swedish Persson Invest Ab. Closing is expected to occur approx. on 31 December 2024. Transaction price is app. EUR 32,5 million, depending on e.g. Wetteri Power Oy's result in 2025. Following the transaction, Wetteri will continue its used truck sales, bodywork business, and existing maintenance and repair operations for brands other than Volvo and Renault.  Wetteri Group’s

Wetteri postpones the publication of the January-September interim report

Wetteri Plc  Stock exchange release 19.11.2024 at 15.00Wetteri postpones the publication of the January-September interim report. The original release date was November 21, 2024. The reason for the postponement of the publication of the interim report is the events after the end of the reporting period, due to which the reporting has to be postponed. More information Aarne Simula, CEO and President, Wetteri Plc: Tel. +358 400 689 613, aarne.simula@wetteri.fi Wetteri Plc – an entrepreneur-driven growth company in the automotive sector Wetteri Plc is an entrepreneur-driven

Wetteri Oyj's new shares have been entered in the Trade Register

Wetteri Plc Stock Exchange Release 19 November 2024 at 9.00 amOn 28 June 2024, Wetteri announced it will execute a directed share issue as part of the purchase price of Lahden Rekkapaja Oy and Kiinteistö Oy Lahden Konekatu 3.  After the share issue, the number of Wetteri's shares has increased to a total of 159,972,562 shares from the previous 157,149,545 shares. The company's share capital has not changed due to the share issue. The registered capital is EUR 96,000. The new shares have been entered into the Trade Register on 30 October 2024. More information Aarne Simula, CEO and

The liquidity providing service for Wetteri Plc's share ends

Wetteri Plc Stock Exchange Release 8 November 2024 at 13.00Wetteri Plc has terminated the liquidity providing service with Lago Kapital Oy to end on 8 January 2025. The Company estimates that the liquidity of the share is sufficient without market making. More information Aarne Simula, CEO and President, Wetteri Plc: Tel. +358 400 689 613, aarne.simula@wetteri.fi Wetteri Plc – an entrepreneur-driven growth company in the automotive sector Wetteri Plc is an entrepreneur-driven growth company in the automotive sector. The company engages in the retail sales of passenger cars,

Change in Wetteri Plc's Management Team – Pietu Parikka appointed CFO And COO

Wetteri Plc Stock exchange release 5 November 2024 at 12.00Pietu Parikka (M.Sc. (Econ.)) has been appointed to the role of CFO and COO and a member of the management team of the automotive growth company Wetteri Plc. Parikka will start in his position no later than 5 May 2025. Parikka will transfer to Wetteri from the position of CFO of Hedin Automotive Oy. Parikka has also worked as Interim CEO at Hedin Automotive Oy and as CFO and  CEO of Laakkonen Automotive Group Aarne Simula, CEO and President, Wetteri Plc: "Pietu brings us strong expertise in automotive business development and

Change in Wetteri Plc's Management Team

Wetteri Plc  Stock Exchange Release 31 October 2024 at 16.30Sanna Räsänen, member of the management team of Wetteri Plc, HR and Communications Director, has resigned from her position. Räsänen will continue to work for Wetteri until 30[th] November 2024, after which she will transfer to positions outside the company. Additional information: Aarne Simula, CEO and President, Wetteri PlcTel. +358 400 689 613, aarne.simula@wetteri.fi Wetteri Plc – an entrepreneur-driven growth company in the automotive sector Wetteri Plc is an entrepreneur-driven growth company in the automotive

Insider information: Financiers granted waiver to Themis Holding Oy subgroup of Wetteri Plc

Wetteri Plc Insider information 29 October 2024 at 17.30In a financing agreement between Wetteri Group’s Themis Holding Oy subgroup and the financiers, there are covenants that measure the amount of interest-bearing net liabilities divided by 12-month EBITDA and the equity ratio. On 13[th] August 2024, Wetteri announced that the covenant conditions under the financing agreement were not fully met on 30[th] June 2024. Wetteri has today received a notification from the financiers that they will not exercise their right to demand immediate repayment of their receivables, even though the

Wetteri completes its fifth acquisition and acquires Rinta-Jouppi's Kia and Mitsubishi businesses in Oulu, Pori and Rovaniemi

Wetteri Plc Press Release 1 October 2024 at 9.00Wetteri Auto Oy, a subsidiary of the automotive growth company Wetteri Plc, acquires Rinta-Jouppi's Car Dealership's Kia and Mitsubishi businesses in Oulu, Pori and Rovaniemi. In the business transaction, Kia and Mitsubishi sales and maintenance services are transferred to Wetteri. The business will be transferred to Wetteri as of 1[st] October 2024, the maintenance staff will be transferred to Wetteri as existing employees. Wetteri has recently deepened its cooperation with Astara Finland Oy and expanded its Kia and Mitsubishi businesses

Cooperation between Wetteri and Astara Finland Oy deepens, Kia and Mitsubishi representation expands to five new locations

Wetteri Plc Press release 28 August 2024 at  11.00Automotive growth company Wetteri's cooperation with Astara Finland, the importer of Kia and Mitsubishi brands, is expanding. With the cooperation, Wetteri’s Kia and Mitsubishi representation will reach five new locations: Rovaniemi, Kemi, Oulu, Ylivieska, and Pori. Aarne Simula, CEO And President, Wetteri Plc: “We are very pleased with deepening the cooperation. We believe that this is an important driver of organic growth, as Kia is one of the most popular car brands in our country. Wetteri operates nationwide, which makes the

Wetteri Plc’s half-year report 1 January to 30 June 2024: Revenue grew by 42%, measures to improve profitability in progress

Wetteri Plc  Half-year Report 28 August 2024 at 9.30Summary of the review period 1 April to 30 June 2024 · The Group’s revenue was EUR 131,1 million ((comparison period: EUR 106,8 million in April-June 2023) with an increase of 23% · Adjusted EBITDA vas EUR 4,6 million (EUR 5,2 million) · The adjusted operating profit was EUR 0,7 million (EUR 2,2 million) · The operating profit was EUR -0,7 million (EUR 1,3 million) · The revenue of the Passenger Cars segment increased by EUR 17,4 million (25 %) year-on-year · The revenue of the Heavy Equipment segment increased by EUR 2,

Insider information, profit warning: Wetteri Plc lowers its financial guidance for the current year

Wetteri Plc Insider Information 23 August 2024 at 16.05Wetteri Plc lowers its financial guidance for 2024. Wetteri's previous guidance included mergers and acquisitions with profit and revenue effects. Realization of profit and turnover effects from M&A transactions is postponed in time. The performance of Wetteri's operations has been affected by the historically weak and more difficult than expected market situation for new cars: the first registrations of new cars in 2024 will be around 75,000 cars, while in the spring the forecast was about 80,000 new passenger cars. Previous

Insider Information: Adjusting Wetteri Plc's financing agreement

Wetteri Plc Insider Information 13 August 2024 at 18.30In a financing agreement between Wetteri Plc group’s Themis Holding Oy subgroup and the financing bank, there are covenants that measure the amount of interest-bearing net debt divided by 12-month EBITDA and the equity ratio. Based on unaudited figures, the covenants are not met in all respects on 30[th] June 2024. Wetteri has started negotiations with the financing bank on updating the conditions regarding the covenant clause of the financing agreement. The long-term portion of the financing under the financing agreement (EUR 11.7

Wetteri Plc – Managers’ Transactions – PM Ruukki Oy

Wetteri Plc Managers’ Transactions 29 July 2024 at 8.00____________________________________________ Person subject to the notification requirement Name: PM Ruukki Oy Position: Closely associated person (X) Legal person  (1):Person Discharging Managerial Responsibilities In Issuer Name: Markku Kankaala Position: Member of the Board Issuer: Wetteri Oyj LEI: 743700TDB62DGAFROB24 Notification type: INITIAL NOTIFICATION Reference number: 71077/5/4 ____________________________________________ Transaction date: 2024-07-26 Venue: NASDAQ HELSINKI LTD (XHEL)

Wetteri Plc – Managers’ Transactions – PM Ruukki Oy

Wetteri Plc Managers’ Transactions 27 July 2024 at 9.00____________________________________________ Person subject to the notification requirement Name: PM Ruukki Oy Position: Closely associated person (X) Legal person  (1):Person Discharging Managerial Responsibilities In Issuer Name: Markku Kankaala Position: Member of the Board Issuer: Wetteri Oyj LEI: 743700TDB62DGAFROB24 Notification type: INITIAL NOTIFICATION Reference number: 71028/4/4 ____________________________________________ Transaction date: 2024-07-25 Venue: NASDAQ HELSINKI LTD (XHEL)

Wetteri Plc – Managers’ Transactions – PM Ruukki Oy

Wetteri Plc Managers’ Transactions 26 July 2024 at 8.00____________________________________________ Person subject to the notification requirement Name: PM Ruukki Oy Position: Closely associated person (X) Legal person  (1):Person Discharging Managerial Responsibilities In Issuer Name: Markku Kankaala Position: Member of the Board Issuer: Wetteri Oyj LEI: 743700TDB62DGAFROB24 Notification type: INITIAL NOTIFICATION Reference number: 70804/4/4 ____________________________________________ Transaction date: 2024-07-24 Venue: NASDAQ HELSINKI LTD (XHEL)

Wetteri Plc – Managers’ Transactions – PM Ruukki Oy

Wetteri Plc Managers’ Transactions 25 July 2024 at 8.00____________________________________________ Person subject to the notification requirement Name: PM Ruukki Oy Position: Closely associated person (X) Legal person  (1):Person Discharging Managerial Responsibilities In Issuer Name: Markku Kankaala Position: Member of the Board Issuer: Wetteri Oyj LEI: 743700TDB62DGAFROB24 Notification type: INITIAL NOTIFICATION Reference number: 70770/5/10 ____________________________________________ Transaction date: 2024-07-22 Venue: NASDAQ HELSINKI LTD (XHEL)

Wetteri Plc – Managers’ Transactions – PM Ruukki Oy

Wetteri Plc Managers’ Transactions 24 July 2024 at 8.00____________________________________________ Person subject to the notification requirement Name: PM Ruukki Oy Position: Closely associated person (X) Legal person  (1):Person Discharging Managerial Responsibilities In Issuer Name: Markku Kankaala Position: Member of the Board Issuer: Wetteri Oyj LEI: 743700TDB62DGAFROB24 Notification type: INITIAL NOTIFICATION Reference number: 70585/5/4 ____________________________________________ Transaction date: 2024-07-22 Venue: NASDAQ HELSINKI LTD (XHEL)

Wetteri Plc – Managers’ Transactions – PM Ruukki Oy

Wetteri Plc Managers' Transactions 10 July 2024 at 16.00Wetteri Oyj - Managers' Transactions ____________________________________________ Person subject to the notification requirement Name: PM Ruukki Oy Position: Closely associated person (X) Legal person  (1):Person Discharging Managerial Responsibilities In Issuer Name: Markku Kankaala Position: Member of the Board Issuer: Wetteri Oyj LEI: 743700TDB62DGAFROB24 Notification type: INITIAL NOTIFICATION Reference number: 69691/6/8 ____________________________________________ Transaction date: 2024-07-09

Wetteri's Kia and Mitsubishi representations expand

Wetteri Plc Press release 3 July 2024 at 9.30Automotive growth company Wetteri's cooperation with Kia and Mitsubishi is expanding. The first new opening is Wetteri's location in Lempäälä, whose operating concept will change from the used car centre to the sale of new cars and car maintenance. Wetteri already has a Kia representation in Joensuu and Kajaani. With expanding cooperation, Wetteri's Kia and Mitsubishi representation will grow to new cities. Aarne Simula, CEO and President, Wetteri Plc: “We are very pleased with the expanding Kia representation, starting from Lempäälä and

Wetteri acquires the Sports Car Center business operations in Lempäälä

Wetteri Plc Press release  2 July 2024 at 9.30Wetteri Auto Oy, a subsidiary of the automotive growth company Wetteri Plc, acquires the business of the Lempäälä branch of the Sports Car Center Oy. In the transaction, car sales and Volvo and Mercedes Benz brand service will be transferred to Wetteri. The purchase price of the business transaction is EUR 50,000 and the possible additional purchase price is up to EUR 150,000. Wetteri has a trade-in car dealership business in the same property with the acquired businesses of the Sports Car Center, and with the deal, it will be possible to

Wetteri Plc acquires Lahden Rekkapaja and executes a directed share issue

Wetteri Plc Stock Exchange Release 28 June 2024 at 13.00Automotive growth company Wetteri Oyj acquires Lahden Rekkapaja Oy and Kiinteistö Oy Lahden Konekatu 3 and executes its fifth acquisition in its series. Lahden Rekkapaja Oy is a company providing installation, maintenance, spare parts and repair services for heavy equipment bodybuildings. The company employs about 10 people. In the transaction, the buyer is Wetteri Plc, to whom the entire share capital of Kiinteistö Oy Lahden Konekatu 3 and Lahden Rekkapaja Oy will be transferred to. The purchase price is a total of EUR 1.4

Seres, Skywell and DFSK brand representations for Wetteri

Wetteri Oyj  Press release 28 June 2024 at 12.00Automotive growth company Wetteri becomes a representative of Chinese car brands Seres, Skywell and DFSK in Oulu and Kuopio. New brand representations strengthen Wetteri's passenger car brand representation in Finland and diversifies its selection of electric and hybrid vehicles. Aarne Simula, CEO and President, Wetteri Plc: “Wetteri's new brand representations respond to the demand for more affordable segments, but also offer great options in more expensive price ranges. There is interest in the market for more affordable electric and

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