Shareholder update

The ultimate shareholders of Lakeside Network Investments S.a. r.l. have informed Elenia Finance Oyj that they have commenced a strategic review of their interests in Lakeside Network Investments S.a r.l. and its associated subsidiaries (the Elenia Group). Elenia Finance Oyj does not anticipate that this strategic review will have any material impact on the customers, employees or business operations of the Elenia Group.

There is no certainty as to the decisions which may ultimately be made on conclusion of this strategic review.