United Bankers Oyj - Changes in company's own shares

United Bankers Plc's directed share issue without consideration for the payment of rewards under the management share-based incentive plan

United Bankers Plc

STOCK EXCHANGE RELEASE 19 March 2024 at 10:45 EET

United Bankers Plc's directed share issue without consideration for the payment
of rewards under the management share-based incentive plan

The Board of Directors of United Bankers Plc has today decided that a total of
20,878 shares shall be issued without consideration on 19 March 2024 for the
payment of rewards under the Company's management share-based incentive plan.
13,415 shares shall be issued to the key persons belonging to the share-based
incentive plan for the earning periods 2021-2023. 5,289 shares shall be issued
as deferred remuneration from the earning period 2019-2021 and 2,174shares from
the earning period 2018-2020. The shares are issued in a directed share issue
without consideration based on the authorisation to the Board of Directors
granted by the Annual General Meeting on 22 March 2023.

The share rewards shall be paid by way of transfer of treasury shares held by
the Company. No new shares will be issued and therefore the payment of share
rewards shall not have a dilutive effect. The total number of shares in the
Company (10,773,043shares) remains unchanged. The Company does not hold any own
shares after the directed share issue on 19 March 2024.

Further information on United Bankers remuneration and the incentive plan is
available on the Company's website at
www.unitedbankers.fi (https://unitedbankers.fi/en/united-bankers-group/corporate
-governance/remuneration/).

Additional information:

Johan Linder, Chairman of the Board, United Bankers Plc
Email:johan.linder@unitedbankers.fi
Telephone: +358 400603830, +358 9 25380221

Investor Relations: ir@unitedbankers.fi

United Bankers in brief:

United Bankers Plc is a Finnish expert on wealth management and investment
markets, established in 1986. United Bankers Group's business segments include
wealth management and capital markets services. In asset management, the Group
specialises in real asset investments. United Bankers Plc is majority-owned by
its key personnel and the Group employs 160 employees (FTE) and 31 agents (31
December 2023). In 2023, the United Bankers Group's revenue totalled EUR 52.1
million and its adjusted operating profit amounted to EUR 16.9 million. The
Group's assets under management amount to approximately EUR 4.6 billion (31
December 2023). United Bankers Plc's shares are listed on Nasdaq Helsinki Ltd.
The Group companies are subject to the Finnish Financial Supervisory Authority's
supervision. For further information on United Bankers Group, please visit
www.unitedbankers.fi (https://unitedbankers.fi/en/united-bankers-group/).

DISTRIBUTION:

Nasdaq Helsinki

Main media

www.unitedbankers.fi (https://unitedbankers.fi/en/united-bankers-group/)

Attachments:

United Bankers Plcs directed share issue without consideration for the payment of rewards under the management share-based incentive plan.pdf