Olvi Oyj - Changes in company's own shares

Olvi plc: Transfer of Treasury Shares Under Performance Share Plans

Olvi plc           Stock Exchange Release 11 July 2024 at 10.00 am

Olvi plc: Transfer of Treasury Shares Under Performance Share Plans

The Board of Directors of Olvi plc has resolved on directed issuance of shares
without consideration to transfer a totalof528Olvi plcSeries A shares held as
treasury shares to the company's key employee under Performance Share Plans
2022-2024 and 2023-2025 in accordance with the terms of the plans upon the
retirement of a key person.

Information on the Performance Share Plans was provided in stock exchange
releases on 27 May 2022 and 2 March 2023.

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 21.714treasury 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