Sitowise Group Plc - Major shareholder announcements

Announcement of a Change in Shareholding According to Chapter 9, Section 10 of the Finnish Securities Market Act

Sitowise Group Plc Stock Exchange Release 5 June 2023 at 5.45 p.m. (EEST)

Sitowise Group Plc (the "Company") has on 2 June 2023 received a notification in
accordance with the Chapter 9, Section 10 of the Finnish Securities Market Act
from Morgan Stanley & Co. International plc, according to which Morgan Stanley &
Co. International plc's holding of the shares and votes of the Company increased
to 5.60 on 1 June 2023.

According to the notification, Morgan Stanley & Co. International plc holds
indirectly a total of 1,872,031 shares corresponding to 5.25 percent of the
Company's shares and votes, and a total of 125,449 shares through financial
instruments corresponding to 0.35 percent of the Company's shares and votes.

The Company has one series of shares in which each share carries one vote. The
total number of shares and votes is 35,665,927.

Total positions of Morgan Stanley & Co. International plc according to the
notification:

                  % of    % of shares and     Total  Total number of shares
                  shares  voting rights       of     and voting rights of
                  and     through financial   both   issuer
                  voting  instruments (total  in %
                  rights  of B)               (A +
                  (total                      B)
                  of A)
Resulting         5.25    0.35                5.60   35,665,927
situation on the
date on
which threshold
was crossed or
reached
Position of       0.00    0.54                0.54
previous
notification
(if applicable)

Notified details of the resulting situation on the date on which the threshold
was crossed or reached:

A: Shares and voting rights

Class/type    Number of             % of shares and voting rights
of shares     shares
              and
              voting
              rights
ISIN code     Direct     Indirect   Direct     Indirect
(if           (SMA 9:5)  (SMA 9:6   (SMA 9:5)  (SMA 9:6 and 9:7)
possible)                and 9:7)
FI4000480215  0          1,872,031  0          5.25%
SUBTOTAL A         1,872,031                    5.25%

B: Financial instruments according to the Finnish Securities Market Act, Chapter
9, Section 6a

Type of      Expiration  Exercise/   Physical    Number   % of shares
financial    date        Conversion  or          of       and voting
instrument               period      cash        shares   rights
                                     settlement  and
                                                 voting
                                                 rights
Right of     At any      At any      Physical    125,449  0.35
Recall over  time        time
a
securities
lending
agree
-ment
                                     SUBTOTAL B  125,449  0.35

Information in relation to the person subject to the notification obligation:

Full chain of controlled undertakings through which the shares, voting rights or
financial instruments are effectively held (starting with the ultimate
controlling natural person or legal entity):

Name                   % of shares  % of shares and voting rights  Total
                       and voting   through financial instruments  of
                       rights                                      both
Morgan Stanley
Morgan Stanley
International
Holdings Inc.
Morgan Stanley
International Limited
Morgan Stanley
Investments (UK)
Morgan Stanley & Co.   5.25%        0.35%                          5.60%
International plc

Additional information given in the notification:

Of the total voting rights attached to shares in Section A, 1,870,786 (5.25%) of
these are the result of stock borrowing agreements.

Sitowise Group Plc

Additional information:

Hanna Masala, CFO, Sitowise Group Plc, tel. +358 40 558 1323

Distribution:

Nasdaq Helsinki
Major media
www.sitowise.com

About Sitowise

Sitowise is a Nordic expert in the built environment with strong focus on
digitality. We provide design and consulting knowhow to enable more sustainable
and smarter urban development as well as smooth transportation. Sitowise offers
services related to real estate and buildings, infrastructure, and digital
solutions both in Finland and in Sweden. Global megatrends drive huge changes
that require a re-evaluation of the smartness in the built environment -
therefore we have set our vision to be Redefining Smartness in Cities. The
Group's net sales were EUR 204 million in 2022 and the company employs more than
2,200 experts. Sitowise Group Plc is listed on Nasdaq Helsinki under the trading
symbol SITOWS.