2025-03-28 12:00:00 CET

2025-03-28 12:00:16 CET


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Teleste Oyj - Annual Financial Report

Teleste´s Annual Report 2024 published


Teleste Corporation
Stock exchange release
March 28, 2025, at 13:00 EET

TELESTE´S ANNUAL REPORT 2024 PUBLISHED

Teleste Corporation's Annual Report 2024 and Financial Statements for the
accounting period 1 January - 31 December 2024 have been published today on the
company's website atteleste.com/financial-reports

The Annual Report consists of audited financial statements, the annual review by
the Board of Directors, including the Sustainability Statement, Teleste's
corporate governance statement and Auditor's Report. In addition, Teleste
publish the Remuneration Report for the governing bodies for 2024. The
Sustainability statement has been prepared in accordance with the European
Sustainability Reporting Standards (ESRS) and Chapter 7 of the Finnish
Accounting Act.

The financial statements are also published in XHTML format in accordance with
the European Single Electronic Format (ESEF) reporting requirements. In
accordance with ESEF requirements, the consolidated financial statements are
marked with iXBRL tags and notes with iXBRL block tags. The audit firm
PricewaterhouseCoopers Oy has provided an independent auditor's report on
Teleste's ESEF financial statements based on a reasonable assurance engagement
it has performed in accordance with International Standard on Assurance
Engagements ISAE 3000. The ESEF financial statements in Finnish are available in
the zip file attached to this release and at teleste.com/financial-reports

Teleste's Sustainability Statement, published as part of the annual review by
the Board of Directors, is prepared in accordance with the European
Sustainability Reporting Standards (ESRS), the reporting standards referred to
in Chapter 7 of the Finnish Accounting Act and Article 8 of the EU Taxonomy
Regulation and it has been assured by PricewaterhouseCoopers Oy which has
provided a limited assurance report in accordance with International Standard on
Assurance Engagements ISAE 3000 (revised).

The Annual Report, Financial Statements and Remuneration Report are attached to
this release as PDF files and the materials are available also on the company's
website atteleste.com/investors. (https://teleste.com/investors)

Additional information:

Esa Harju, CEO

Tel. +358 2 2605 611

investor.relations@teleste.com

Distribution:

Nasdaq Helsinki Ltd

Main media

teleste.com (https://www.teleste.com/)

About Teleste
Teleste offers an integrated product and service portfolio that makes it
possible to build and run a better networked society. Our solutions bring
television and broadband services to you, secure your safety in public places
and guide your use of public transport. With solid industry experience and drive
for innovations, we are a leading international company in broadband, security
and information technologies and related services. We connect with our customers
through a global network of offices and partners. In 2024, Teleste's net sales
reached EUR 132,5 million and it had approximately 670 employees. Teleste is
listed on Nasdaq Helsinki. For more information, visitwww.teleste.com.