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The Swedish Competition Authority prohibits Oriola's sale of Svensk dos AB to Apotekstjänst Sverige AB

Oriola Corporation  Stock Exchange Release  30 April 2024 at 9:15 a.m. EEST

The Swedish Competition Authority prohibits Oriola's sale of Svensk dos AB to
Apotekstjänst Sverige AB

The Swedish Competition Authority (Konkurrensverket) has announced its decision
on prohibiting Oriola's sale of Svensk dos AB to Apotekstjänst Sverige AB due to
negative effects on the competition in the market.

Oriola announced on 13 October 2023 the sale of all shares in Svensk dos AB to
Apotekstjänst Sverige AB. Oriola has starting from that announcement
communicated that it has not identified a recovery of the business within the
foreseeable future, due to the prevailing tender market structure and dynamics,
and for this reason, has decided to exit the dose dispensing business in Sweden.

“With the sale of Svensk dos AB to Apotekstjänst Sverige AB, we were looking to
provide continuity to Svensk dos and the patients it serves. We are very
disappointed with the decision of the Swedish Competition Authority and do not
agree with the conclusions drawn by the Swedish Competition Authority of the
effects of the planned transaction on the competition landscape in Sweden. The
tender market structure and dynamics in Sweden have not changed, which is why we
will also consider other options for exiting the Swedish dose dispensing
business. Oriola has a clear direction forward with the refined strategy
launched at the end of last year. We aim to become a highly efficient company in
our distribution business, to grow our share of the high-margin wholesale and
advisory businesses, and to further develop our customer value proposition to
deliver enhanced customer experience,” comments Katarina Gabrielson, CEO of
Oriola Corporation.

Oriola will analyse the decision of the Swedish Competition Authority and
comment on the next steps in due course latest during the third quarter of 2024.

Oriola Corporation

Further information:

Petter Sandström
General Counsel
tel. +358 10 429 5761
e-mail: petter.sandstrom@oriola.com

Distribution:

Nasdaq Helsinki Ltd.
Key media

Attachments:

04300616.pdf