Tecnotree Oyj - Other information disclosed according to the rules of the Exchange

Tecnotree Board of Directors approves the Long-Term Incentive (LTI) plan for 2024 -2027, additional RSUs and the issuance of shares to Tecnotree

Tecnotree Corporation Stock Exchange release 12 June 2024 at 10:00 EEST

Tecnotree announced today that its Board of Directors has approved the company's
employee long-term incentive program for 2024-2027 (the "LTI Plan 4") designed
to align the participants' focus with Tecnotree's growth strategy and long-term
success. The LTI Plan 4 includes the following instrument:

Restricted Share Units (RSUs) giving a contractual right to receive shares over
the next 3 year period as per an equated annual vesting schedule.

LTI Plan 4 Objective

The incentive plan aims to keep pace with the market and leverage this plan to
retain top talent and attract key talent from the market. The LTI Plan 4 commits
the key employees to the implementation of the company's strategy and offers
them a competitive incentive plan based on accumulation of the company's shares.
Additionally, the LTI Plan 4 also ensures business continuity for customers and
is a performance-based plan.

LTI Plan 4 Coverage

Restricted Share Units (RSUs) are granted to Tecnotree key employees for
purposes related to retention and recruitment to ensure that Tecnotree is able
to retain and recruit the talent which are critical for the future success of
the company. The incentive program would currently cover 248 employees in total.

LTI Plan 4  Timetable

Under the LTI Plan 4, the RSUs are divided into 3 annual tranches spread over 3
years, each tranche consisting of one third of the RSUs granted.

LTI Plan 4 - Quantum of Shares

The grant under the LTI Plan 4 could result in an aggregate maximum number of
700,000 Tecnotree shares being granted to Tecnotree employees. At the current
share price of EUR 5.21 (as the approximate average in June 2024) the aggregate
value of the LTI Plan 4 is approximately EUR 3.6 million.

Share issuance for the settlement of shares for the purpose of the LTI Plan 4

Tecnotree's Board of Directors has resolved to issue, without consideration
700,000 Tecnotree shares to Tecnotree to be later used to fulfil the company's
obligations under the LTI Plan 4. The resolution to issue shares is based on the
authorization granted to the Board of Directors by the Annual General Meeting on
15 April 2024 (General Authorization).

Additional RSUs

In addition to the LTI Plan 4, additional Restricted Share Units (“Additional
RSUs”) were also granted by the Board to the employees and other key persons for
purposes related to retention and recruitment to ensure that Tecnotree can
retain and incentivize talent, who are business associates of Tecnotree and are
critical for the future success of the company. These additional RSUs will cover
an additional 112 persons in total.

Share issuance for the settlement of Additional RSUs:

Tecnotree's Board of Directors has resolved to issue, without consideration
400,000 Tecnotree shares to Tecnotree to be later used to fulfil the company's
obligations for the settlement of Additional RSUs -. The resolution to issue
shares is based on the authorization granted to the Board of Directors by the
Annual General Meeting on 15 April 2024 (General Authorization).

Dilution effect

Once the 1,100,000 shares (LTI Plan 4 and Additional RSUs) are issued to the
company for the above purposes, and have been registered with the Trade
Register, the company will have in aggregate 17,053,250 shares. The new shares
represent approximately 6.45% of all the shares after the share issue.

The year-wise dilution for the LTI Plan 4 will be as follows:

  · In 2025, approximately 233,333 shares will vest, resulting in a dilution of
1.37% of the total shares.

  · In 2026, approximately 233,333 shares will vest, resulting in a dilution of
1.37% of the total shares.
  · In 2027, approximately 233,334 shares will vest, resulting in a dilution of
1.37% of the total shares.

Further information
Indiresh Vivekananda. CFO. tel. +971 56 410 8357

Tecnotree is a 5G-ready digital Business Support System (BSS) player, with AI/ML
capabilities and multi-cloud extensibility. Tecnotree is as No.1 on the TM Forum
Open API Conformance table with 59 Open APIs, and this is a result of our
pursuit towards delivering excellence and consistently providing differentiated
experiences and services to the CSPs and DSPs. Our agile and open-source Digital
BSS Stack comprises the full range (order-to-cash) of business processes and
subscription management for telecom and other digital services industries
creating opportunities beyond connectivity. Tecnotree also provides Fintech and
B2B2X multi-experience digital marketplace to its subscriber base through the
Tecnotree Moments platform to empower digitally connected communities across
gaming, health, education, OTT, and other vertical ecosystems. Tecnotree is
listed on Helsinki Nasdaq (TEM1V).

For more information, please visit www.tecnotree.com or social media channels -
LinkedIn I Facebook I Twitter

Attachments:

06108268.pdf