Pihlajalinna Oyj - Changes in company's own shares

Transfer of Pihlajalinna's own shares

Pihlajalinna Plc               Stock Exchange Release               10 May 2024
at 1:30 p.m.

Transfer of Pihlajalinna's own shares

Based on the decision of the General Meeting held on 10 April 2024, Pihlajalinna
Plc has complemented the number of own shares transferred on 8 May 2024 as a
complement a total of 11,977 own shares possessed by the company to the members
of the Board of Directors of Pihlajalinna as part of the Board of Director's
annual remuneration.

After the transfer, the company possesses 100,836 own shares.

Pihlajalinna's General Meeting on 10 April 2024 decided that the Board of
Director's annual remuneration will be paid in company shares and money so that
about 40% of the remuneration is used to procure company shares on the behalf of
the members of the Board of Directors and the remaining share of the
remuneration is paid in money. The remuneration can be paid either entirely or
partially in money, if the member of the Board of Directors has on the day of
the Annual General Meeting, 10 April 2024, been in possession of over EUR 1
million worth of company shares.

The company is responsible for the expenses and transfer tax caused by the
procurement of the shares. The remuneration to be paid in shares can be paid by
transferring company shares in possession of the Company to the members of the
Board of Directors or by procuring shares directly on the behalf of the Board
members within three weeks after the interim report for the period of 1
January-31 March 2024 has been published.

The plan to pay the remuneration of members of the Board of Directors with the
company's own shares was announced on 10 April 2024 in a stock exchange release
issued concerning the decisions of Pihlajalinna's Annual General Meeting.

Pihlajalinna Plc

Further information:
Tuula Lehto, Chief Communications and Sustainability Officer
tel. +358 40 5885 343, tuula.lehto@pihlajalinna.fi

Distribution:
Nasdaq Helsinki Ltd.
Key media
investors.pihlajalinna.fi

Pihlajalinna in brief
Pihlajalinna is one of the leading providers of private healthcare and social
services in Finland. The Group provides comprehensive and quality private clinic
and hospital services as well as occupational healthcare and insurance
cooperation services. To the wellbeing services counties Pihlajalinna offers
social and healthcare service production models, in which the
cooperation between the public and private sectors guarantees effective services
for citizens. Appoximately 7,000 employees and 2,200 practitioners work at
Pihlajalinna. In 2023, Pihlajalinna's revenue was 720 million euros.
Pihlajalinna's shares are listed on Nasdaq Helsinki Oy. Read more
www.pihlajalinna.fi.

Attachments:

05107074.pdf