Solteq Oyj - Company Announcement

Solteq to adjust production and cost structure

Solteq Plc Stock Exchange Bulletin 2.10.2014 at 3 pm

Solteq Plc aims to adjust its production and cost structure on the segments in
which the need of man-work has decreased due to technological improvement and
changes in market demand.

In consequence Solteq Plc will start co-operation negotiations concerning the
termination of 20 employments at the most and temporary layoffs maximum of 20
persons on production and economic basis. The co-operation negotiations involve
about one third of company's personnel.

The production structure is altered to be more flexible and to better match
company's view on the development of the customer market. At the same time
company aims to grow and invest on its strategic growth areas in retail business
sector.

Company does not expect the negotiations to have impact on previous revenue and
financial result estimates for the current year.

SOLTEQ PLC

Further information:

CEO, Repe Harmanen
Tel. 0400 467 717
E-mail: repe.harmanen@solteq.com

CFO, Antti Kärkkäinen
Tel. 040 8444 393
E-mail: antti.karkkainen@solteq.com

Distribution:

NASDAQ OMX Helsinki
Key media
www.solteq.com