Outokumpu Oyj - Changes in company's own shares

Repurchase of Outokumpu's own shares

Outokumpu Oyj
Stock exchange release
February 23, 2024, at 9.30 am EET

Repurchase of Outokumpu's own shares

On February 22, 2024, Outokumpu has completed repurchases its own shares as
follows (ISIN FI0009002422):

Trading  Number  Weighted average price / share, EUR*  Total cost, EUR*
 venue     of
         shares
CEUX     13,521                                4.1025         55,470.25
XHEL     26,113                                4.1011        107,091.99
Total:   39,634                                   4.1        162,562.24

* Rounded to two decimals

Outokumpu announced a share buyback program of a maximum of 11 million shares on
November 29, 2023. The Board of Directors approved a share buyback program of up
to EUR 50 million under the authorization of the Annual General Meeting. The
program will end no later than on March 21, 2024.

After the disclosed transactions, Outokumpu holds 31,976,395 treasury shares.

Details of transactions are included as an appendix to this announcement.

For more information:

Investors: Linda Häkkilä, Head of Investor Relations, tel. +358 400 719 669

Media: Päivi Allenius, SVP - Communications and Brand, tel. +358 40 753 7374

Media desk, tel. +358 40 351 9840, e-mail media(at)outokumpu.com

Outokumpu is the global leader in stainless steel. The foundation of our
business is our ability to tailor stainless steel into any form and for almost
any purpose. Stainless steel is sustainable, durable and designed to last
forever. Our customers use it to create civilization's basic structures and its
most famous landmarks as well as products for households and various industries.
Outokumpu employs approximately 8,500 professionals in close to 30 countries,
with headquarters in Helsinki, Finland and shares listed in Nasdaq Helsinki.
www.outokumpu.com

Attachments:

Outokumpu_dailyfills_2024-02-22.xlsx