Relais Group Oyj - Other information disclosed according to the rules of the Exchange

The Board of Directors of Relais Group Plc decided on new stock option plans and change to the terms of the 2021 long-term incentive plan

Relais Group Plc Stock Exchange Release 8 May 2024 at 9:15 EEST

New Stock Option Plans 2024A and 2024B

The Board of Directors of Relais Group Plc has decided to launch two new stock
option plans 2024A and 2024B for key employees. The company has a weighty
financial reason for the issue of stock options, since the stock options are
intended to form part of the Group's incentive and commitment program for the
key employees. The purpose of the stock options is to encourage the key
employees to work on a long-term basis in order to increase shareholder value.
In addition, the stock options aim to commit the key employees to the company.

Under the 2024A option plan, a maximum of 50,000 stock options will be granted,
and under the 2024B option plan, a maximum of 40,000 stock options will be
granted, making a total of up to 90,000 stock options. The stock options 2024A
entitle their owners to subscribe for a maximum total of 50,000 new shares in
the company or existing shares held by the company. The stock options 2024B
entitle their owners to subscribe for a maximum total of 40,000 new shares in
the company and they are issued to the Group's Swedish key employees. The stock
options are issued gratuitously.

The shares subscribed for with the stock options to be issued will account for a
total maximum of 0.49 per cent of all the company's shares and votes after
possible share subscriptions if new shares are issued in the subscription. As a
result of the share subscriptions made with the stock options, the number of
shares in the company may increase by a total maximum of 90,000 shares if new
shares are issued in the subscription.

The share subscription price for stock options 2024A and 2024B is 13.63 euros
per share, which equals the trade volume weighted average quotation of the share
on Nasdaq Helsinki Ltd from 20 March to 3 May 2024, added with a premium of 15
per cent. The share subscription price will increase if the value of the share
at the share subscription has increased more than 300 per cent compared to the
volume weighted average quotation of the share on Nasdaq Helsinki Ltd from 20
March to 3 May 2024.

The share subscription price will be credited to the company's reserve for
invested unrestricted equity. The dividends paid per share and repayments of
capital before the share subscription by options will be deducted from the
subscription price.

The share subscription period for stock options 2024A and 2024B is from 1 April
2027 to 30 June 2027.

The theoretical market value of one stock option 2024A and 2024B is
approximately EUR 3.03 and the theoretical market value of the stock options in
total is approximately EUR 272,700. The theoretical market value of a stock
option has been calculated by using the binomial model taking into account the
subscription price of the stock option and the following input factors: share
price EUR 11.90, risk-free interest rate 2.93%, validity of stock options
approximately 3.16 years, volatility approximately 41.94% and the share
subscription price mechanism limiting the value increase of option.

The Board of Directors decided on the new stock option plans based on the
authorisation given by the Annual General Meeting of Shareholders on 10 April
2024. The target group of the stock option plan consists of 12 key employees.

Change to the terms of the 2021 long-term incentive plan

The Board decided to amend the terms of the Company's 2021 long-term incentive
plan regarding those incentive units originally set for payment in 2024 (Series
B). The conditions of the incentive units for Series B have been adjusted by
moving the valuation determination period and maturity date forward by one year.
The purpose of this change is to commit and motivate key personnel to sustained
efforts towards increasing shareholder value.

RELAIS GROUP PLC

BOARD OF DIRECTORS

Further information:
Arni Ekholm, CEO
Phone: +358 40 760 3323
E-mail: arni.ekholm@relais.fi


Distribution:

Nasdaq Helsinki

Key media

www.relais.fi

Relais Group

Relais Group is a leading consolidator and acquisition platform on the vehicle
aftermarket in the Nordic and Baltic countries. We have a sector focus in
vehicle life cycle enhancement and related services. We also serve as a growth
platform for the companies we own.

We are a profitable company seeking strong growth. We carry out targeted
acquisitions in line with our growth strategy and want to be an active player in
the consolidation of the aftermarket in our area of operation. Our acquisitions
are targeted at companies having a good strategic fit with our group companies.

Our net sales in 2023 was EUR 284.3 (2022: 260.7) million. During 2023, we
completed a total of four acquisitions. We employ approximately 1,000
professionals in six different countries. The Relais Group share is listed on
the Main Market of Nasdaq Helsinki with the stock symbol RELAIS.
www.relais.fi

ATTACHMENTS

Terms and conditions of the Relais Group Plc Stock Options 2024A
Terms and conditions of the Relais Group Plc Stock Options 2024B

Attachments:

Relais Group Plc - Option Terms 2024A Allshares.pdf

Relais Group Plc - Option Terms 2024B Allshares.pdf