Neste: Transfer of own shares as a directed share issue based on share-based incentive scheme

Neste Corporation, Stock Exchange Release, 12 March 2025 at 4 p.m. (EET)

Neste Corporation has on 12 March 2025 transferred a total of 27 876 treasury shares without consideration to the participants of Neste Group's Performance Share Plan 2022-2024 and the Restricted Share Plan 2022-2024 as share rewards based on the terms and conditions of these plans. The plans are part of the share-based incentive scheme 2022 of Neste, announced with a stock exchange release on 10 February 2022.

The transfer of own shares is implemented as a directed share issue without consideration based on a decision made by the Board of Directors of Neste Corporation. The decision of the Board of Directors is based on a share issue authorization granted by the Annual General Meeting of Shareholders on 27 March 2024.

After this transfer of own shares Neste Corporation holds 967 448 own shares.

Neste Corporation
Board of Directors

Further information: Hannele Jakosuo-Jansson, Executive Vice President, People & Culture. Please contact Neste's media service, tel. +358 800 94025 / media@neste.com (weekdays from 8.30 a.m. to 4.00 p.m. EET). Please subscribe to Neste's releases at https://www.neste.com/media/subscribe.