Elisa Oyj

Elisa Corporation announced the composition of its Shareholders' Nomination Board, which is responsible for preparing proposals for the election and remuneration of the board of directors for the Annual General Meeting. The Nomination Board will elect a chair from among its members. Established in 2012 by the Annual General Meeting, the Nomination Board plays a key role in the governance of Elisa. For further information, contact Vesa Sahivirta, IR Director, at +358 50 520 5555. The announcement was distributed to Nasdaq Helsinki, Principal Media, and can be found on elisa.com.

Elisa Corporation's half-year financial report for 2024 highlights continued earnings growth and improved performance in the B2B segment despite geopolitical and macroeconomic challenges. Key financial results for the second quarter include a 2% revenue increase to EUR 541 million and a 4% rise in EBITDA to EUR 190 million, driven by mobile service revenue and efficiency improvements. Earnings per share stood at EUR 0.57. The company expanded its high-speed connection services, introduced standalone 5G to new subscriptions, and began building a fibre network using XGS-PON technology. Elisa also acquired fibre networks in Finland and completed the acquisition of Leanware Oy, boosting its industrial software business. Additionally, Elisa's Distributed Energy Storage solution was deployed using solar energy for the first time. The company was recognized as the world's 66th most sustainable company by Time Magazine and Statista. The outlook for 2024 anticipates stable or slightly higher revenue and comparable EBITDA compared to 2023, with capital expenditure expected to be 12-13% of revenue. Elisa aims to enhance productivity through automation and data analytics, improve customer satisfaction, and continue its transformation into a provider of innovative services.

Elisa Corporation has announced the appointment of Eveliina Dahl as Executive Vice President, People and Culture, and as a member of the Corporate Executive Board effective January 1, 2025. Dahl, who will report to CEO Topi Manner, joins Elisa from Fortum where she served as Executive Vice President, People and Procurement. She has extensive experience in human resources, procurement, and strategy. CEO Topi Manner expressed his enthusiasm for Dahl's appointment, highlighting her valuable experience in HR management in both Finnish and international contexts. The announcement was made by IR Director Vesa Sahivirta.

Elisa's Executive Vice President of Human Resources, Ms. Merja Ranta-aho, will leave the company at the end of 2024. The process to select her successor has started. CEO Topi Manner thanked Ms. Ranta-aho for her significant contributions to the company's personnel development.

A notification has been issued under Article 19 of the Market Abuse Regulation detailing a transaction involving Elisa Oyj. Katariina Kravi, a member of the board, received 811 shares as part of a share-based incentive. The shares were acquired in line with a decision made at Elisa's Annual General Meeting on 12 April 2024. The transaction took place on 24 April 2024. The shares were valued at 0 EUR. The announcement was distributed via Nasdaq Helsinki and major media outlets.

Elisa Oyj has made a notification in accordance with Article 19 of the Market Abuse Regulation, stating that shares have been acquired as per the decision of Elisa's Board of Directors. The shares were received by Kim Ignatius, a member of the board, as a share-based incentive. The transaction, which took place on 24 April 2024, involved 811 shares at a unit price of 0 EUR. The notification is part of an initial notification and was distributed via Nasdaq Helsinki and principal media.