Olvi Oyj - Changes in company's own shares

Olvi plc: Transfer of Treasury Shares Under a Matching Share Plan

Olvi plc           Stock Exchange Release 17 June 2024 at 9.00 am

Olvi plc: Transfer of Treasury Shares Under a Matching Share Plan

The Board of Directors of Olvi plc has resolved on directed issuance of shares
without consideration to transfer a totalof400Olvi plcSeries A shares held as
treasury shares to the company's key employees under aMatching Share Plan
2022-2023. In the plan, the target group was given an opportunity to receive
matching shares for their personal investment in Olvi plc series A shares. The
rewards depend on the validity of the employment relationship at the time of
payment.
Information on the Matching Share Plan was provided in stock exchange release on
27 May 2022.

The transfer of shares is based on an authorisation granted to the Board of
Directors at Olvi plc's General Meeting of Shareholders on 26 March 2024.

After the transfer, Olvi plc holds 22.242treasury shares.

OLVI PLC
Patrik Lundell
CEO
Further information:
Patrik Lundell, CEO, Olvi plc, tel. +358 290 00 1050

DISTRIBUTION:
NASDAQ Helsinki Ltd
Main media
www.olvi.fi