Finnair Oyj - Managers' transactions

Finnair Plc: Managers’ transactions

Finnair Plc               Managers’ transactions             4 January 2018 at
2.35 pm EET

Finnair adds to the information on changes of management shareholdings from
March 2017. Finnair announced on March 16, 2017 that it had transferred a total
of 180 904 own shares held by the company as treasury shares to the participants
of Finnair's share-based incentive scheme 2014–2016 as a reward payment. A total
of 72 153 of these shares were transferred to Finnair executive board members.

In communicating these actions, a stock exchange release on CEO Pekka Vauramo
receiving 28 434 shares as a part of the company’s long-term incentive plan for
the years 2014-2016 was accidentally left unpublished. It was however reported
to the Financial Supervisory Authority in line with MAR (Market Abuse
Regulation) on March 16, 2017. Information on Vauramo’s shareholding has been up
to date and accessible at all times on Finnair’s web pages under Management
shares at https://investors.finnair.com/en/governance/insider-issues/managers
-holdings.

The Finnair Annual General Meeting was held on the same day, with 34 stock
exchange releases including different language versions to be published during
that day. Two of these releases were left unpublished due to human error, and
Finnair apologizes for this.

The earnings criteria and the outcome in euros for the share-based incentive
scheme have been presented in the annual report of 2016, which was published on
February 15, 2017. Vauramo’s earnings from the 2014-2016 share-based incentive
scheme were also discussed as a separate item in the Annual General Meeting on
March 16, 2017.

Finnair will review its process related to publishing this kind of stock
exchange releases and take necessary actions to improve the related process.

Person subject
to the
notification
requirement
Name:            Pekka   Vauramo            Natural   person
Position:        Chief   Executive Officer
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Initial
notification
Reference        213800SB6EOB8SSK9W63_20170316093015_20
number:
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Issuer
Name:            Finnair   Plc
LEI:             213800SB6EOB8SSK9W63
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Transaction
details
Transaction      16.3.2017
date:
Venue:
Nature of        Receipt of a share-based incentive or
transaction:       remuneration
Further
details:
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Instrument:      Share
ISIN:            FI0009003230
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Volume:          28,434
Unit price:
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Aggregated
transactions
Volume:          28,434
Volume-weighted
average price:
FINNAIR PLC
Further information:
Finnair communications, 358 9 818 4020, comms@finnair.com

Distribution:
NASDAQ OMX Helsinki
Principal media