Teleste Corporation´s conveyance of own shares based on the long-term incentive plan

Company

Teleste Corporation
Stock exchange release
April 3, 2023, at 9:00 a.m. EEST

TELESTE CORPORATION´S CONVEYANCE OF OWN SHARES BASED ON THE LONG-TERM INCENTIVE PLAN

A total of 10,656 Teleste Corporation's treasury shares were conveyed without consideration to the key employees participating in the plan periods 2020-2022 and 2021-2023 of Teleste long-term share-based incentive programme. More detailed information about the launch of the plan periods and their terms and conditions is available in a stock exchange releases published on 13 February 2020 and 11 February 2021.

The decision on the directed share issue is based on the authorisation granted to the Board of Directors by the Annual General Meeting of Shareholders held on April 6, 2022.

After the share delivery on 31 March 2023, the company holds a total of 747,026 own shares.

TELESTE CORPORATION

The Board of Directors

Additional information:

SVP HR Tuomas Vanne, tel. +358 2 2605 611

Distribution:

Nasdaq Helsinki

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