Raute - Changes in company's own shares

Raute Corporation initiates share repurchase program

RAUTE CORPORATION, Stock Exchange Release, 13 February 2025 at 9:00 a.m. EET

Raute Corporation initiates share repurchase program

The Board of Directors of Raute Corporation has decided to initiate a share
repurchase program based on the authorization received from the Annual General
Meeting on April 4, 2024.

The purpose of the share repurchase program is to optimize Raute's capital
structure through reduction of capital. The repurchase of shares will reduce
Raute's unrestricted equity. The repurchased shares will be cancelled.

The repurchased shares are used to develop the company's capital structure. The
shares acquired will be cancelled.

The maximum number of shares to be repurchased is 100,000 shares, corresponding
to approximately 1.6% of the total number of shares. A maximum of EUR 1,350,000
will be used for the repurchase of shares. The share repurchase will commence on
February 17, 2025, at the earliest and will end no later than August 17, 2025.

The buybacks will be carried out in public trading in accordance with the safe
harbour procedure referred to in Article 5 of the EU Market Abuse Regulation,
including, but not limited to, daily price and volume limits. The shares will be
acquired through public trading on Nasdaq Helsinki.

Raute has appointed Nordea to implement the share repurchase program in
accordance with the applicable price and volume restrictions and the applicable
terms and conditions. Raute has the opportunity to suspend and terminate the
program within the repurchase period, and in such a situation, Raute will
publish a stock exchange release on the matter.

The Annual General Meeting held on April 4, 2024, authorized the Board of
Directors to decide on the repurchase of a maximum of 600,000 of the company's
own shares, approximately 10% of all the shares in the company. The company's
own shares will be repurchased with funds belonging to the company's
unrestricted equity, in which case the repurchases will reduce the company's
distributable unrestricted equity.

The total number of shares in Raute Corporation is 6,122,679. Raute Corporation
and its subsidiaries currently own 96,011 treasury shares, which corresponds to
1.57 percent of all outstanding shares.

RAUTE CORPORATION
Board of Directors

FURTHER INFORMATION:
Mika Saariaho, President and CEO, tel. +358 40 154 9393

DISTRIBUTION:
Nasdaq Helsinki Ltd, main media,www.raute.com

RAUTE IN BRIEF - Making Wood Matter
Raute acts as a partner for a sustainable future for the wood products industry.
Our technologies cover various production processes as well as supporting
digital and analyzer solutions for industrially manufactured wood products. In
addition, we offer comprehensive service concepts from spare parts to regular
maintenance and production modernizations. Our innovative technologies, software
and service concepts are designed to support the efficient use of natural
resources in our customers' production. Raute is the only turnkey supplier in
the world that offers mill-wide technology solutions for veneer, plywood and LVL
production. Raute's head office and largest production plant is located in
Lahti. Our other production facilities are located in Kajaani, Vancouver,
Canada, Changzhou, China and Pullman, Washington State, USA. In 2024, Raute's
net sales were EUR 204.6 million The Group's headcount at the end of 2024 was
783. More about Raute: www.raute.com.