Puuilo Oyj

Puuilo PLC will release its Half-year Financial Report for February to July 2024 on 12 September 2024 at approximately 8:30 am EET. The report will be presented to analysts, investors, and the media in English at 10:00 am EET and in Finnish at 11:30 am EET by CEO Juha Saarela and CFO Ville Ranta. The English conference call can be followed online, and participation in the call is required to ask questions. Registration for the teleconference is necessary to receive access details. The Finnish webcast will include a chat function for questions, and questions can also be sent in advance via email. Recordings of both presentations will be available later on Puuilo's Investors website. Contact information for Ville Ranta is provided for further inquiries.

Puuilo Oyj has reported a transaction involving Lasse Aho, a member of the board. The transaction, classified as an initial notification, occurred on August 6, 2024, at NASDAQ Helsinki Ltd. It involved the acquisition of 800 shares at a unit price of 9.52 EUR, with a volume-weighted average price of 9.52 EUR. For more details, contact Ville Ranta, CFO, at +358 40 555 4995.

Puuilo Oyj has reported a transaction by Bent Holm, a member of the Board. The initial notification indicates that on July 3, 2024, Holm acquired 900 shares at a unit price of 9.85 EUR each on NASDAQ Helsinki Ltd. The aggregated transaction details show a total volume of 900 shares with a volume-weighted average price of 9.85 EUR. For more information, contact CFO Ville Ranta at +358 40 555 4995.

Puuilo Oyj has reported a transaction involving Lasse Aho, a Member of the Board/Deputy member. The transaction, an acquisition of shares, took place on July 2, 2024, at NASDAQ Helsinki Ltd. The acquired volume was 1,637 shares at a unit price of 9.77 EUR. For more information, contact Ville Ranta, CFO, at +358 40 555 4995.

Puuilo Oyj has reported a managers' transaction involving Ville Ranta, the Chief Financial Officer. The transaction took place on June 28, 2024, at NASDAQ Helsinki Ltd and involved the disposal of shares. The details of the transaction include two parts: the first with a volume of 9,443 shares at a unit price of 10.35 EUR, and the second with a volume of 83,205 shares at a unit price of 10.29 EUR. The aggregated transaction volume was 92,648 shares with a volume-weighted average price of 10.29612 EUR. For more information, Ville Ranta can be contacted via mobile phone at +358 40 555 4995.

Juha Saarela, the Chief Executive Officer of Puuilo Oyj, has conducted an acquisition of shares in the company. The transaction took place on June 19, 2024, at the GSEI venue. The details of the transaction include the acquisition of 973 shares at a unit price of 10.2676 EUR, resulting in an aggregated volume-weighted average price of 10.2676 EUR. For more information, Ville Ranta, the CFO, can be contacted at +358 40 555 4995.

Puuilo Plc released its Q1 2024 business review, highlighting a 16.1% increase in net sales and a 4.8% like-for-like growth. The adjusted EBITA rose to EUR 8.3 million, showing an improvement from the previous year. The company experienced some challenges due to political strikes and variable weather conditions but still maintained a steady performance. Puuilo opened new stores in Nokia and Ylöjärvi during the quarter, with plans to open more throughout the year. The company continues to focus on efficiency improvements, including automation solutions. Puuilo reiterated its financial outlook for 2024, projecting net sales of EUR 380 – 410 million and an adjusted EBITA of EUR 60 – 70 million. A new share-based incentive plan for key employees was introduced, aiming to align their objectives with those of the shareholders. No significant events occurred after the reporting period. The next financial reports will be published on 12 September 2024 and 11 December 2024. The business review is available in both English and Finnish on Puuilo's investor website.

Puuilo Plc has announced its annual general meeting (AGM) to be held on 15 May 2024 at Hotel Scandic Helsinki Aviacongress, Finland. The agenda includes the presentation of financial statements, the election of board directors, and decisions on dividend payments, among others. The board proposes a total dividend of EUR 0.38 per share, based on the balance sheet for the financial year ended 31 January 2024. Shareholders may also vote in advance, with instructions provided in the notice. The board also proposes the re-election of Lasse Aho as the Chairman of the Board of Directors. The AGM will consider authorizing the board to decide on the repurchase of the company's own shares and on the issuance of shares. The board also proposes donations for charitable purposes up to a total maximum of EUR 50,000.

Puuilo Plc's Board of Directors has initiated a Performance Matching Share Plan for its key employees. The plan is intended to align the interests of shareholders and key employees, encourage key employees to invest in the company's shares, and offer them a competitive reward plan. The plan covers the financial years 2024-2026 and allows for earning matching rewards based on share ownership, employment status, and achievement of performance targets. The performance criteria are Total Shareholder Return (TSR) and Adjusted EBITA of the Puuilo Group. Participants must personally acquire Puuilo shares to be eligible for the plan. Rewards will be paid partly in shares and partly in cash by May 2027. The plan targets up to 90 individuals, including the CEO, Management Team, Store Managers, and other key personnel. The total rewards could equal the value of approximately 738,000 Puuilo Plc shares, including the cash portion.