Wulff-Yhtiöt Oyj - Other information disclosed according to the rules of the Exchange

Wulff changes its financial reporting structure and provides the comparative segment information

STOCK EXCHANGE RELEASE | APRIL 11, 2024 AT 2.00 P.M.

Wulff changes its financial reporting structure starting from January 1, 2024 to
better reflect current business activities and their development. The new
reporting structure is aligned with the way the company's management follows the
operational performance of Wulff's businesses. The new financial reporting
structure comprises of two reporting segments: Worklife Services and Products
for Work Environments. The company expects the importance of service businesses
to grow in its operations. Growth is built both organically and through
acquisitions.

The Worklife Services segment includes exhibition, space design and event
services both internationally and domestically, solutions and services for
office and professional printing and document management, accounting and
financial management services, and staff leasing services. The Products for Work
Environments segment consists of the business of workplace products and services
in Finland and Scandinavia.

In addition to business segments, group services and eliminations not allocated
to business segments are reported separately.

Due to the change in the reporting segments that came into effect at the
beginning of the 2024 financial year, Wulff publishes comparable data from the
2023 financial year in accordance with the new reporting structure to enable
comparison. The comparative data are unaudited. The interim report for the first
quarter of 2024 will be prepared in accordance with the new reporting structure.
The annual and quarterly segment information for the reference year 2023
according to the new segment structure is presented below.

Q1 2023
EUR 1 000     Worklife  Products for  Group Services  Group total
              Services          Work             and
                        Environments    eliminations
Net sales        2 318        22 934               0       25 252
Expenses        -2 274       -21 865             305      -23 835
EBITDA              43         1 069             305        1 417
Depreciation       -19          -161            -327         -508
EBIT                24           908             -23          909

Q2 2023
EUR 1 000     Worklife  Products for  Group Services  Group total
              Services          Work             and
                        Environments    eliminations
Net sales        2 085        22 282              -2       24 365
Expenses        -1 911       -21 359             213      -23 057
EBITDA             173           923             212        1 308
Depreciation       -19          -167            -290         -476
EBIT               154           755             -78          832

Q3 2023
EUR 1 000     Worklife  Products for  Group Services  Group total
              Services          Work             and
                        Environments    eliminations
Net sales        1 571        19 666              -7       21 231
Expenses        -1 617       -19 065             256      -20 426
EBITDA             -45           601             249          805
Depreciation       -20          -165            -284         -468
EBIT               -65           436             -35          336

Q4 2023
EUR 1 000     Worklife  Products for  Group Services  Group total
              Services          Work             and
                        Environments    eliminations
Net sales        1 888        21 071             -25       22 934
Expenses        -1 729       -19 791             167      -21 353
EBITDA             159         1 279             142        1 581
Depreciation       -28          -181            -279         -488
EBIT               131         1 099            -136        1 093
Q1-Q4 2023
EUR 1 000     Worklife  Products for  Group Services  Group total
              Services          Work             and
                        Environments    eliminations
Net sales        7 862        85 953             -34       93 782
Expenses        -7 532       -82 081             941      -88 671
EBITDA             331         3 872             907        5 110
Depreciation       -87          -674          -1 179       -1 940
EBIT               244         3 198            -272        3 170

In Espoo on April 11, 2024

WULFF GROUP PLC
BOARD OF DIRECTORS

Further information
CEO Elina Rahkonen
tel: +358 40 647 1444
e-mail: elina.rahkonen@wulff.fi

DISTRIBUTION
Nasdaq Helsinki Oy
Key media
www.wulff.fi/en

A better world - one workplace at a time. We enable better and more sustainable
work environments and a perfect working day. We make the workplace where you do
your work. Here you can find today's workplace products: e.g. cafe supplies,
real estate and cleaning maintenance products, office and IT supplies,
ergonomics, first aid, hygiene, protection and safety products, air
purification, and innovative products for construction sites. Our selection also
includes high-quality Canon printing and document management services as well as
financial management services. Our customers also purchase international
exhibition services and solutions for remote meetings from us. It is important
for us to constantly develop our product range to be more and more sustainable
and our customer experience to be the best in the field. Staff leasing is one of
our newest service additions. In addition to Finland, Wulff Group operates in
Sweden, Norway, and Denmark.

Attachments:

04110072.pdf