WithSecure Oyj

WithSecure Corporation will release its half-year report for January-June 2024 on 16 July 2024 at around 08:00 EEST. CEO Antti Koskela and CFO Tom Jansson will present the report via a webcast at 14:00 EEST, which will be conducted in English and accessible online. Written questions can be submitted through the webcast portal. Analysts are invited to attend the presentation at Flik Studio Stage in Helsinki. The presentation materials and a recording of the webcast will be available on the company's website. For further information, contact Laura Viita, VP of Controlling, Investor Relations, and Sustainability at WithSecure Corporation.

WithSecure Corporation announced that Antti Koskela has been appointed as the President and CEO of the company effective from 1 July 2024. Koskela, who has been serving as interim CEO since April 2024, joined WithSecure in 2021 as Chief Product Officer and member of the Global Leadership Team. The Board of Directors, chaired by Risto Siilasmaa, believes Koskela is well-suited to lead the company and execute its growth strategy in the European cybersecurity market. Koskela expressed his enthusiasm for the role, highlighting the company's strong R&D, technological foundation, and talented team. Further information can be obtained by contacting Risto Siilasmaa or Laura Viita.

On April 29, 2024, WithSecure Corporation released a statement regarding a transaction involving Amanda Bedborough, a member of the board. The transaction, which took place on April 25, 2024, involved the receipt of a share-based incentive. The details of the transaction indicate that Bedborough received 13,834 shares at a unit price of 0.00 EUR. The announcement was made as an initial notification, with Laura Viita, the VP of Controlling, investor relations and sustainability at WithSecure Corporation, as the contact person for further information.

WithSecure Corporation has announced a transaction involving Harri Ruusinen, a member of the board. According to the initial notification, Ruusinen received a share-based incentive on April 25, 2024. The transaction involved 4611 shares, which were received at no cost. The announcement was made public on April 29, 2024, at 16:00 EEST.

WithSecure Corporation has released a statement regarding Risto Siilasmaa, a member of the Board/Deputy member, who is subject to a notification requirement. The initial notification refers to a share-based incentive received by Siilasmaa on April 25, 2024. The transaction involved 29,125 shares, with a unit price and volume weighted average price of 0.00 EUR. The contact for further information is Laura Viita, VP of Controlling, investor relations, and sustainability at WithSecure Corporation.

WithSecure Corporation has issued a stock exchange release regarding the manager's transactions of Niilo Fredrikson, a member of the Board. Fredrikson has received a share-based incentive, involving 13,834 shares at a unit price of 0.00 EUR. This initial notification was made on 25th April 2024. Further information can be obtained from Laura Viita, VP of Controlling, Investor Relations and Sustainability at WithSecure Corporation.

WithSecure Corporation has released a stock exchange update on 29 April 2024, concerning the transactions of Kirsi Sormunen, a member of the board. The initial notification reveals that Sormunen received a share-based incentive on 25 April 2024. The transaction involved 17,475 shares, with a unit price of 0.00 EUR. The contact for further information is Laura Viita, VP of Controlling, Investor Relations and Sustainability at WithSecure Corporation.

On April 29, 2024, WithSecure Corporation released a statement regarding the financial transactions of Ciaran Martin, a member of their board. The initial notification revealed that Martin had received a share-based incentive on April 25, 2024. The details of the transaction showed that he received 13,834 shares at no cost. Any further inquiries were directed towards Laura Viita, the VP of Controlling, investor relations and sustainability at WithSecure Corporation.

On April 29, 2024, WithSecure Corporation released a statement regarding a transaction involving Tuomas Syrjänen, a member of the corporation's board. The initial notification detailed a share-based incentive received by Syrjänen, consisting of 17,475 shares at a unit price of 0.00 EUR. The transaction took place on April 25, 2024. Laura Viita, VP of Controlling, Investor Relations and Sustainability at WithSecure Corporation, is the contact for further information.

WithSecure Corporation has released its interim report for the first quarter of 2024. Despite a slow start to the year, the company's profitability is developing positively. The annual recurring revenue (ARR) for Elements Cloud products and services is expected to grow by 10-20% from the end of 2023. The revenue from Elements Cloud products and services will grow by 10-16% from the previous year. The total revenue of the group will grow by 6-12% from the previous year. The adjusted EBITDA of the full year 2024 will be positive. The interim CEO, Antti Koskela, stated that the company is transforming into a partner-led SaaS company and the recent unexpected change of CEO will not impact the strategy execution. The report also discusses the financial performance of the company and events after the period-end, including the stepping down of CEO Juhani Hintikka following a Supreme Court ruling.