2022-12-05 08:00:00 CET

2022-12-05 08:00:01 CET


REGULATED INFORMATION

English
Outokumpu Oyj - Changes in company's own shares

Repurchase of Outokumpu's own shares


Outokumpu Oyj
Stock exchange release
December 5, 2022, at 9.00 am EET

Repurchase of Outokumpu's own shares

On December 2, 2022, Outokumpu has completed repurchases its own shares as
follows (ISIN FI0009002422):

+-------+----------------+------------------------------------+----------------+
|Trading|Number of shares|Weighted average price / share, EUR*|Total cost, EUR*|
|venue  |                |                                    |                |
+-------+----------------+------------------------------------+----------------+
|CEUX   |64,357          |4.7966                              |308,694.69      |
+-------+----------------+------------------------------------+----------------+
|XHEL   |170,107         |4.7925                              |815,238.63      |
+-------+----------------+------------------------------------+----------------+
|AQEU   |17,841          |4.7956                              |85,558.36       |
+-------+----------------+------------------------------------+----------------+
|TQEX   |926             |4.8                                 |4,444.80        |
+-------+----------------+------------------------------------+----------------+
|Total: |253,231         |4.79                                |1,213,936.47    |
+-------+----------------+------------------------------------+----------------+

* Rounded to two decimals

Outokumpu announced a share buyback program of a maximum of 20 million shares on
November 3, 2022. The Board of Directors approved a share buyback program of up
to EUR 100 million under the authorization of the Annual General Meeting. The
program will end no later than on March 24, 2023.

After the disclosed transactions, Outokumpu holds 9,153,191 treasury shares.

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

Outokumpu

For more information:

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

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

Media desk, tel. +358 40 351 9840, e-mail media@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 some 9,000 professionals in more than 30 countries, with
headquarters in Helsinki, Finland and shares listed in Nasdaq Helsinki.
www.outokumpu.com