Regulatory press release

Lindex Group Oyj: The Board of Directors of Lindex Group plc has resolved on a directed share issue without consideration for the delivery of the long-term incentive scheme rewards

02.04.2025, 16.30

LINDEX GROUP plc, Other information disclosed according to the rules of the Exchange, 2.4.2025 at 17:30 EEST

The Board of Directors of Lindex Group plc has resolved on a directed share issue without consideration for the delivery of the long-term incentive scheme rewards

The Board of Directors of Lindex Group plc resolved on 26 August 2022 on the establishment of a share-based long-term incentive scheme for the management and selected key personnel of the company. The first performance period 2022-2024 of the Performance Share Plan began in 2022 and ended at the end of 2024.

Based on the authorisation granted by the Annual General Meeting of shareholders on 23 March 2022, the Board of Directors of Lindex Group plc has resolved on a directed share issue without consideration to the participants of the Performance Share Plan in order to deliver the share rewards. In the share issue, 112 324 new shares in the company will, in deviation from the shareholders' pre-emptive subscription right, be issued without consideration to the management and key personnel of the company in order to deliver the rewards under the performance period 2022-2024.

Taking into consideration the best interests of the company and shareholders, there is a particularly weighty financial reason for deviating from the shareholders' pre-emptive subscription right, in accordance with Chapter 9, Section 4, Subsection 1 of the Limited Liability Companies Act, as the shares are issued for the purpose of delivering the share reward under the long-term incentive scheme in accordance with the terms and conditions of the plan.

The new shares issued in the share issue are estimated to be entered into the Trade Register on 30 April 2025 and applied for public trading on 2 May 2025. Following the entry of the new shares into the Trade Register, the total number of shares in the company will be 161 735 220.

LINDEX GROUP plc

Sari Pohjonen
Chair of the Board

Further information:
Jukka Naulapää, Chief Legal Officer, tel. +358 50 389 0013

Distribution:
Nasdaq Helsinki
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