Interim report
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Suominen Q2 HALF YEAR FINANCIAL REPORT JANUARY 1 - JUNE 30 , 2026
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1 (41) Suominen Corporation’s Half-Year Financial Report on August 7, 2026, at 9:00 a.m. (EEST) Suominen Corporation’s Half-Year Financial Report for January 1–June 30, 2026: Improved sales and comparable EBITDA in the second quarter In this financial report, the figures shown in brackets refer to the comparison period last year if not otherwise stated. April–June 2026 in brief: - Net sales increased by 5.8% and amounted to EUR 105.6 million (99.8). - Comparable EBITDA was EUR 4.3 million (3.2) - Cash flow from operations was EUR -4.5 million (-10.1) - Gearing 51.6% (85.5%) following successful rights issue January–June 2026 in brief: - Net sales decreased 7.4% and amounted to EUR 201.2 million (217.3) - Comparable EBITDA was EUR 6.5 million (7.3) - Cash flow from operations was EUR 0.0 million (-10.5) Outlook for 2026 Suominen expects that its comparable EBITDA (earnings before interest, taxes, depreciation and amortization) in 2026 will improve from 2025. In 2025, Suominen’s comparable EBITDA was EUR 12.6 million.
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2 (41) KEY FIGURES 4–6/2026 4–6/2025 1–6/2026 1–6/2025 1–12/2025 Net sales, EUR million 105.6 99.8 201.2 217.3 412.4 Comparable EBITDA, EUR million 4.3 3.2 6.5 7.3 12.6 Comparable EBITDA, % 4.1 3.2 3.3 3.3 3.1 EBITDA, EUR million 2.3 2.6 2.0 6.6 11.3 EBITDA, % 2.2 2.6 1.0 3.1 2.7 Comparable operating profit / loss, EUR million 0.2 -1.0 -1.6 -1.3 -4.2 Comparable operating profit / loss, % 0.2 -1.0 -0.8 -0.6 -1.0 Operating profit / loss, EUR million -1.8 -1.6 -6.2 -1.9 -5.9 Operating profit / loss, % -1.7 -1.6 -3.1 -0.9 -1.4 Profit / loss for the period, EUR million -3.0 -4.0 -8.7 -6.2 -12.1 Cash flow from operations, EUR million -4.5 -10.1 -0.0 -10.5 12.2 Cash flow from operations per share, EUR(1 -0.05 -0.11 0.00 -0.11 0.13 Earnings per share, basic, EUR(1 -0.03 -0.04 -0.09 -0.07 -0.13 Return on invested capital, rolling 12 months, % -5.6 -1.4 -3.3 Gearing, % 51.6 85.5 80.7 1) Rights issue was implemented in June 2026 and gross proceeds of EUR 27.8 million received in July 2026. The number of shares and the share price and key ratios based on these for the current and comparative periods have been restated accordingly. CEO REVIEW “During the first half of 2026, nonwoven market demand remained stable, while geopolitical instability continued to disrupt the supply and lead to higher raw material and energy costs. Suominen maintained good availability of raw materials throughout the period. To address cost inflation, the company shifted from its standard quarterly pricing mechanism to monthly pricing, where possible. Despite this change, the margin recovery was delayed due to the inherent lag between cost increases and price adjustments. In the second quarter, net sales increased to EUR 105.6 million (EUR 99.8 million). The growth was supported by higher production volumes and early improvements in operational efficiency. Comparable EBITDA increased during the period to EUR 4.3 million (EUR 3.2 million), supported by the reduction of fixed costs and other early benefits from our profitability improvement program. This Full Potential Program was launched in January 2026 with the objective of improving profitability and achieving a 10% EBITDA margin, and it progressed from the planning phase to execution during
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3 (41) the period. The program focuses on improving production and supply, operational efficiency, and commercial capabilities. At the end of the second quarter, with a delay after resolving technical issues, we started the qualification of our new production line in Alicante, Spain, dedicated to sustainable nonwovens . We also received important external recognition for our workplace safety and culture. Our Nakkila plant in Finland received the highest possible classification from the Vision Zero Forum which highlights our long-term systematic safety work. Our Paulínia plant in Brazil celebrated a historic milestone of 14 years without lost-time accidents, and the factory was also recognized, for the third consecutive year, in the Great Place to Work® awards. As announced in May, we launched a capital raise to strengthen our balance sheet and accelerate the implementation of the Full Potential Program. At the end of the second quarter, Suominen successfully completed an oversubscribed rights issue and received gross proceeds of approximately EUR 28 million from the offering at the beginning of July. I want to thank our shareholders for their support and confidence in Suominen's future. The capital raise represents an important step in strengthening the company’s financial position and supporting the execution of our strategy. We remain focused and committed to improving performance and creating sustainable value for our customers and stakeholders.” Charles Héaulmé President and CEO
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4 (41) CONTENTS KEY FIGURES ................................................................................................................................................................................... 2 CEO REVIEW ................................................................................................................................................................................... 2 HIGHLIGHTS OF THE REPORTING PERIOD ......................................................................................................................... 5 PROGRESS IN SUSTAINABILITY .............................................................................................................................................. 7 INFORMATION ON SHARES AND SHARE CAPITAL ........................................................................................................ 7 BUSINESS ENVIRONMENT ...................................................................................................................................................... 11 SHORT TERM RISKS AND UNCERTAINTIES...................................................................................................................... 17 CORPORATE GOVERNANCE STATEMENT AND REMUNERATION REPORT ........................................................ 17 EVENTS AFTER THE REPORTING PERIOD ......................................................................................................................... 17 KEY RATIOS ................................................................................................................................................................................... 19 CALCULATION OF KEY RATIOS AND ALTERNATIVE PERFORMANCE MEASURES ...................................... 20 QUARTERLY DEVELOPMENT ............................................................................................................................................ 27 TABLES ............................................................................................................................................................................................ 28 ACCOUNTING PRINCIPLES ............................................................................................................................................... 28 CONSOLIDATED STATEMENT OF FINANCIAL POSITION ..................................................................................... 29 CONSOLIDATED STATEMENT OF PROFIT OR LOSS ............................................................................................... 30 CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME ........................................................................... 31 CONSOLIDATED STATEMENT OF CHANGES IN EQUITY ....................................................................................... 32 CONSOLIDATED STATEMENT OF CASH FLOWS ...................................................................................................... 34 NOTES ............................................................................................................................................................................................. 35
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5 (41) HIGHLIGHTS OF THE REPORTING PERIOD NET SALES April–June 2026 In April–June 2026, Suominen’s net sales increased by 5.8% from the comparison period to EUR 105.6 million (99.8). Sales volumes were higher than in the comparison period while sales prices decreased primarily following changes in sales mix. The impact of currencies on net sales was EUR 1.3 million negative. The net sales of the Americas business area were EUR 65.7 million (59.9) and of the EMEA business area EUR 40.0 million (40.0). January–June 2026 In January–June 2026, Suominen’s net sales decreased 7.4% from the corresponding period in 2025 and amounted to EUR 201.2 million (217.3). Sales volumes were roughly at H1/2025 level, but sales prices decreased primarily due to changes in sales mix and decreasing raw material prices. The impact of currencies on net sales was EUR 6.8 million negative. The net sales of the Americas business area were EUR 121.3 million (133.5) and of the EMEA business area EUR 79.8 million (83.9). EBITDA, OPERATING PROFIT / LOSS AND RESULT April–June 2026 Comparable EBITDA (earnings before interest, taxes, depreciation and amortization) was EUR 4. 3 million (3.2). The increase was driven mainly by increasing volume and fixed cost reduction measures whereas sales mix, as well as delays in adjusting certain oil-price driven raw material cost increases to sales prices, impacted negatively. EBITDA was EUR 2.3 million (2.6) due to items affecting comparability mainly arising from the Full Potential Program related costs. The costs are including e.g. severance payments and consulting fees. The items affecting comparability of EBITDA totaled EUR -2.0 million (-0.6). Comparable operating profit increased from the comparison period and amounted to EUR 0.2 million (-1.0). Operating profit declined from the comparison period and was EUR -1.8 million (-1.6), driven by items affecting comparability. The profit before income taxes was EUR -3.0 million (-4.5), and profit for the reporting period was EUR -3.0 million (-4.0). January–June 2026 Comparable EBITDA (earnings before interest, taxes, depreciation and amortization) was EUR 6.5 million (7.3). Decrease in comparable EBITDA was driven by soft performance during the first quarter of the financial year originating from lower sales volume and mix during the first quarter. EBITDA declined to EUR 2.0 million (6.6), driven mainly by items affecting comparability mainly arising from Full Potential Program related costs. The costs are including e.g. severance payments and consulting fees. The items affecting comparability of EBITDA totaled EUR -4.6 million (-0.6).
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6 (41) Comparable operating profit was EUR -1.6 million (-1.3). Operating profit decreased and was EUR -6.2 million (-1.9), mainly driven by items affecting comparability. The profit before income taxes was EUR -8.3 million (-6.7), and profit for the reporting period was EUR -8.7 million (-6.2). FINANCING The Group’s net interest-bearing liabilities at nominal value amounted to EUR 60.3 million (86.8) at the end of the review period. The gearing ratio was 51.6% (85.5%) and the equity ratio 39.2% (36.5%). Net-interest bearing liabilities, gearing ratio and equity ratio as of June 30, 2026, have been calculated including the impact of the rights issue receivable. In January–June, net financial expenses were EUR -2.2 million (-4.8), or -1.1% (-2.2%) of net sales. Fluctuations in exchange rates decreased the net financial expenses by EUR 0.7 million (increased by EUR 2.0 million). Cash flow from operations in April–June was EUR -4.5 million (-10.1) and cash flow per share of EUR - 0.05 (-0.11). In January–June cash flow from operations was EUR -0.0 million (-10.5), representing a cash flow per share of EUR -0.0 (-0.11). In the second quarter the change in net working capital was EUR -5.5 million (-10.3). In January–June the change in net working capital was EUR 0.7 million (-13.1). On May 18, 2026, Suominen announced that it is planning a fully underwritten rights issue to raise gross proceeds of up to approximately EUR 28 million through an offering based on shareholders’ pre-emptive subscription rights. The rights issue was successfully arranged and oversubscribed in June 2026. In the offering, the company received a gross amount of approximately EUR 28 million (a net amount of EUR 26.4 million, taking into account the costs of the rights offering accumulated up to the end of June). The funds were received after the review period in early July 2026. More details concerning the rights issue can be found elsewhere in this report. At the end of June 2025, Suominen entered into a single-currency syndicated credit facility agreement which consists of EUR 50 million term loan and EUR 50 million revolving credit facility with a maturity of three years with a one-year extension option. The lenders for the facility are Danske Bank A/S and Nordea Bank Abp. Connected to the rights issue, during the second quarter Suominen signed a two-year maturity extension to the credit facility agreement including additional headroom to the financial covenants. The agreement entered into force after the review period on July 3, 2026, upon the completion of the rights issue. The financial covenants of these loans consist of leverage ratio, gearing and minimum liquidity. The covenants are regularly monitored and Suominen was in compliance with financial covenants throughout the review period. Suominen has issued a senior unsecured bond in 2021 of EUR 50 million. The interest rate is 1.50% and the six-year bond matures on June 11, 2027. Suominen is considering various refinancing alternatives and expects to complete the refinancing in due time before the bond matures.
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7 (41) CAPITAL EXPENDITURE In January–June, the gross capital expenditure totaled EUR 9.4 million (11.7), and the largest investments were related to the investment initiatives in Bethune, USA and Alicante, Spain , both of the investments targeting to enhance the profitability and deliver growth. Other investments were mainly normal maintenance investments. Depreciation, amortization and impairment losses for the review period amounted to EUR 8. 2 million (8.5). PROGRESS IN SUSTAINABILITY Suominen has a comprehensive approach to sustainability, and the Sustainability Agenda 2025–2030 defines the focus areas and their KPIs. Suominen’s portfolio includes sustainable nonwovens, and a priority is to continuously develop innovative solutions with reduced environmental impact. The newest sustainable product launch, BIOLACE® Pure, is made of natural cellulosic fibers and has one of the lowest carbon footprints in our product portfolio. Suominen aims for over two-thirds of its consumed raw materials to be from plant-based resources and for more than half of the new R&D initiatives to focus on advancing the development of sustainable products. Suominen prioritizes safety and accident prevention, aiming for zero lost time accidents (LTA). Two LTAs occurred in the first half of the year at Suominen sites. Suominen is committed to improving production efficiency and resource utilization, targeting reductions in scope 1, 2, and 3 greenhouse gas emissions in line with the Paris Agreement (limiting global warming to 1.5°C), and achieving zero nonwoven manufacturing waste to landfill by 2030. In line with the 1.5°C climate scenario, the reduction target will be a 42% reduction in absolute GHG emissions across Scopes 1–3. The target period is 2025–2030, with 2024 as the base year. Following a climate resilience analysis conducted last year, Suominen has begun the work of developing a climate roadmap to support the achievement of its emissions reduction target. Suominen reports progress in its key sustainability KPIs annually. As part of our Annual Report 2025, published in March 2026, Suominen reported on the progress of the sustainability performance. Suominen’s sustainability statement 2025 was prepared in accordance with the 5 (40) Finnish Accounting Act, European Sustainability Reporting Standards (ESRS) and EU Taxonomy regulation. INFORMATION ON SHARES AND SHARE CAPITAL Share capital The number of Suominen’s registered shares was 58,259,219 on June 30, 2026, equalling to a share capital of EUR 11,860,056.00. A total of 77,121,272 new shares subscribed for in the r ights issue have been registered with the Trade Register maintained by the Finnish Patent and Registration Office on 3 July 2026. Following the registration of the new shares, the total number of shares in Suominen is 135,380,491.
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8 (41) Share trading and price The number of Suominen Corporation shares traded on Nasdaq Helsinki from January 1 to June 30 , 2026, was 3,470,799 shares, accounting for 3.7% of the share issue adjusted average number of shares (excluding treasury shares). The highest price was EUR 1.17, the lowest EUR 0.52 and the volume- weighted average price EUR 0.71. The closing price at the end of review period was EUR 0.55. The market capitalization (excluding treasury shares) was EUR 73.7 million on June 30, 2026. Treasury shares On June 30, 2026, Suominen Corporation held 418,263 treasury shares. The portion of the remuneration of the members of the Board of Directors paid in shares The Annual General Meeting held on April 15, 2026, decided that 75% of the annual remuneration of the members of the Board of Directors is paid in cash and 25% in Suominen Corporation’s shares. On May 15, 2026, Suominen Corporation transferred 68,481 shares to the members of the Board of Directors as part of their annual remuneration. The shares were transferred from the treasury shares held by the company in accordance with the resolution of the Annual General Meeting. Share-based incentive plans for the management and key employees The Group management and key employees participate in the company’s share-based long-term incentive plans. The plans are described in more detail in the Financial Statements and in the Remuneration Report, available on the company’s website www.suominen.fi. Company's Performance Share Plan currently includes three 3-year performance periods, calendar years 2024–2026, 2025–2027 and 2026–2028. The aim of the Performance Share Plan is to combine the objectives of the shareholders and the persons participating in the plan in order to increase the value of the company in long-term, to build loyalty to the company and to offer them competitive reward plans based on earning and accumulating the company’s shares. Suominen announced on January 29, 2026, that the Board of Directors of Suominen Corporation has decided on the commencement of a new long-term incentive plan period covering the years 2026– 2028 for management and key employees. The performance criteria of the performance period 2026–2028 are tied to Absolute Total Shareholder Return (weight 40%) covering the years 2026–2028, Earnings Before Interest and Taxes (EBIT) in fiscal year 2028 (weight 40 %), and operative performance and sustainability goal (weight 20%) covering the fiscal year 2028 and measuring the company’s target to improve its raw material efficiency. The value of the rewards to be paid on the basis of the plan corresponds to a maximum total of 1,500,000 shares of Suominen, including also the proportion to be paid in cash. The target group in the performance period 2026–2028 currently consists of 23 key employees, including the President & CEO and other members of the Suominen Leadership Team. The potential reward will be paid partly in Suominen’s shares and partly in cash. The cash proportion of the reward is intended to cover taxes and statutory social security contributions arising from the reward to the key employee. As a rule, no reward will be paid if the key employee’s employment or director contract terminates before the reward payment.
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9 (41) Performance Share Plan: Ongoing performance periods Performance Period 2024–2026 2025–2027 2026–2028 Incentive based on Absolute Total Shareholder Return (40%), Relative Total Shareholder Return (40%) and operative performance and sustainability goal (20%) Absolute Total Shareholder Return (40%), Relative Total Shareholder Return (40%) and operative performance and sustainability goal (20%) Absolute Total Shareholder Return (40%), EBIT (40%) and operative performance and sustainability goal (20%) Potential reward payment Will be paid partly in Suominen shares and partly in cash in spring 2027 Will be paid partly in Suominen shares and partly in cash in spring 2028 Will be paid partly in Suominen shares and partly in cash in spring 2029 Participants at the end of the review period For whom the maximum number of shares 14 people 568,135 16 people 853,848 23 people 1,331,200 Total maximum number of shares 1,090,349 1,375,431 1,500,000 The President & CEO of the company must hold 50% of the net number of shares given on the basis of the plan, until his or her shareholding in total corresponds to the value of his or her annual gross salary. A member of the Leadership Team must hold 50% of the net number of shares given on the basis of the plan, as long as his or her shareholding in total corresponds to the value of half of his or her annual gross salary. Such number of shares must be held as long as the participant’s employment or service in a group company continues. The President & CEO Charles Héaulmé’s share-based incentive plans The President & CEO is eligible to participate in the company’s ongoing long-term share-based incentive plans for the periods 2024–2026, 2025–2027 and 2026–2028. The potential payment under incentive plans shall be pro-rated. The President & CEO is eligible for a signing bonus of 200,000 shares in Suominen; to be paid during Q3/2026, provided that the chief executive officer contract is in force at that time. Possible taxes shall be paid by the recipient. Under the Annual Shares Contribution plan as of 2026, the President & CEO is expected to acquire 100,000 shares of Suominen Corporation at a price formed in public trading on Nasdaq Helsinki.
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10 (41) Suominen will match the share investment by way of the President & CEO receiving, without consideration: • 100,000 matching shares at minimum EUR 20 million comparable EBITDA • 300,000 shares at target EUR 25 million comparable EBITDA • 500,000 shares at maximum EUR 30 million comparable EBITDA. Share entitlement between the thresholds (min, target, max) will be determined linearly. The company shall transfer the shares within Q1 of the following year subject to a Board decision. As of the Annual Shares Contribution plan 2027, the first half of the plan shall be unconditional and second half based on performance targets set by the Board, provided that the President & CEO’s service in the company is in force at the time of the reward payments. Performance Period 2025–2026; signing bonus Annual Shares Contribution 2026 Annual Shares Contribution 2027 Incentive based on Service requirement Shareholding requirement, comparable EBITDA Shareholding requirement, performance targets set by the Board Potential reward payment In Suominen shares in September 2026 In Suominen shares in spring 2027 In Suominen shares in spring 2028 Participants President & CEO President & CEO President & CEO Maximum number of shares 200,000 500,000 500,000 Restricted share unit plan for key employees The Board of Directors of Suominen Corporation resolved in December 2025, to establish a new share-based incentive plan for selected key employees of the Group. The purpose of the plan is to align the interests of the company’s shareholders and key employees to increase the company’s value in the long term, to commit key employees to the company and to offer them a competitive incentive plan based on receiving the company’s shares. The plan is intended to be used as a tool in situations seen necessary by the Board of Directors, for example ensuring retention of key talents to the company, attracting a new talent or other specific situations determined by the Board of Directors. The Board of Directors may allocate rewards from the Restricted Share Unit Plan 2026 –2028 during financial years 2026–2028. The value of the rewards to be paid on the basis of the plan corresponds to a maximum total of 200,000 shares of Suominen, including also the proportion to be paid in cash. The target group of the plan consists of key employees selected by the Board, including members of the Leadership Team and the CEO. The rewards will be paid by the end of May 2029, but in any event minimum twelve (12) months after the determination of the reward opportunity. The reward is based on a valid employment or director contract and on the continuity of the employment or service. The reward will be paid partly in Suominen’s shares and partly in cash. The cash proportion of the reward is intended to cover taxes and statutory social security contributions arising from the reward to the key employee. As a rule, no reward will be paid if the key employee’s employment or director
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11 (41) contract terminates before the reward payment. The Board may impose a share holding obligation on the shares delivered as reward. NOTIFICATIONS UNDER CHAPTER 9, SECTION 5 OF THE SECURITIES MARKET ACT During the review period Suominen received no notifications under Chapter 9, Section 5 of the Securities Market Act. BUSINESS ENVIRONMENT Suominen’s nonwovens are, for the most part, used in daily consumer goods, such as wipes as well as in hygiene and medical products. In these target markets of Suominen, the general economic situation determines the development of consumer demand, even though the demand for consumer goods is not very cyclical in nature. North America and Europe are the largest market areas for Suominen. In addition, the company operates in the South American markets. The growth in the demand for nonwovens has typically exceeded the growth of gross domestic product by a couple of percentage points. In the first half year of 2026, Suominen’s operating environment continued to be characterized by macroeconomic uncertainty and geopolitical tensions. Ongoing geopolitical tensions, including the war in Iran, continued to create uncertainty globally. Rising oil and gas prices affected the pricing of energy and oil-based materials. During the second quarter the geopolitical situation in Iran affected the pricing of raw materials, shifting from a quarterly pricing model to a monthly pricing model. In addition, developments related to potential changes in trade policy will remain a key factor influencing competitiveness. Additional fluctuations in tariff policies may lead to temporary disruptions within supply chains. PROFITABILITY IMPROVEMENT PROGRAM, NEW OPERATING MODEL AND LEADERSHIP TEAM On January 29, 2026, Suominen announced that the company is launching a three -year program to improve the company’s profitability. The Full Potential Program targets 10% EBITDA. Suominen also introduced a new functional operating model, with a dedicated focus on customers and factories, designed to strengthen expertise and effectiveness. The short-term priority remains to restore the profitability. Once this project has sufficiently progressed, the company will develop its long-term strategy and financial targets. The Full Potential Program targets delivering 10% EBITDA and a 2x–3x leverage ratio (net debt/EBITDA). The program is planned to involve an estimated investment of approximately EUR 30 million over the coming years, of which transformation costs are estimated at EUR 10 million and capital expenditures to upgrade manufacturing capabilities around EUR 20 million.
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12 (41) New operating model as of February 1, 2026 Effective February 1, 2026, Suominen’s new functional operating model strengthens focus on strategic priorities, sharpens accountability across the organization, and creates a tighter connection between customer needs, technology development, and operational performance. In the new model, commercial functions were brought together to reinforce focus on growth and business development and ensuring strong strategic alignment between R&D and customer management. The sales organization will build deep global expertise while maintaining a strong local presence to serve customers effectively across all markets, under the leadership of the Chief Commercial and Technology Officer (CCTO). The role of Chief Operating Officer (COO) was broadened to command all factories, safety, manufacturing engineering, procurement, and supply chain. With this change, Suominen aims to strengthen operational reliability and output by sharpening its focus on manufacturing performance and ensuring systematic deployment of best practices, continuous improvement, and harmonized processes. The changes aim to strengthen profit and loss accountability, enhance execution discipline, and improve decision-making across both operations and commercial functions. CHANGES IN THE SUOMINEN LEADERSHIP Kimmo Raunio (M. Sc. (Tech), Industrial Engineering and Management) was appointed as the Chief Financial Officer and member of Suominen Leadership Team as of May 18, 2026. Suominen’s previous CFO Janne Silonsaari continued active in the company until mid-June 2026. Markku Koivisto was appointed Chief Commercial and Technology Officer as of February 1, 2026. Mark Ushpol, EVP, Americas, stepped down from the Suominen Leadership Team as of February 1, 2026. Marika Väkiparta (LL.M.), previously Suominen VP, Business Transformation, was appointed Chief Strategy and Transformation Officer and interim General Counsel as of February 1, 2026. On February 26, 2026, Suominen announced that Chief People and Communications Officer, Minna Rouru has decided to leave the company. She continued at Suominen until mid-June 2026. Suominen appointed Liisa Pursiheimo (M.Sc., Economics and International Business, Finnish and American citizen) as Chief Human Resources Officer (CHRO) and a member of the Suominen Leadership Team, effective April 21, 2026. Suominen Leadership Team as of May 18, 2026: • Charles Héaulmé, President and CEO • Kimmo Raunio, CFO • Markku Koivisto, Chief Commercial and Technology Officer • Francois Guetat, Chief Operating Officer • Liisa Pursiheimo, Chief Human Resource Officer • Marika Väkiparta, Chief Strategy and Transformation Officer (acted as interim General Counsel until June 8, 2026)
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13 (41) ANNUAL GENERAL MEETING (APRIL 15, 2026) The Annual General Meeting (AGM) of Suominen Corporation was held on April 15, 2026 , as a remote meeting. The AGM adopted the Financial Statements for 2025 and discharged the members of the Board of Directors and the President and CEO from liability for the financial year 2025. The AGM resolved to adopt the Remuneration Report for the Company’s governing bodies for 2025 in accordance with the Remuneration Policy adopted at the 2024 Annual General Meeting. The resolution made by the AGM is advisory. Use of the profit shown on the balance sheet The AGM decided, in accordance with the proposal by the Board of Directors, that no dividend be paid based on the adopted balance sheet regarding the financial year 2025 and that the distributable funds be left in the company’s unrestricted equity. Resolution on the remuneration of the members of the Board of Directors The AGM decided, in accordance with the proposal of the Shareholders’ Nomination Board, that the remuneration of the Board of Directors remains unchanged and is as follows: the Chair is paid an annual fee of EUR 74,000, the Deputy Chair an annual fee of EUR 45,000 and other Board members an annual fee of EUR 35,000. The Chair of the Audit Committee is paid an additional fee of EUR 10,000. Further, the members of the Board will receive a fee for each Board and Committee meeting as follows: EUR 500 for each meeting held in the home country of the respective member, EUR 1,000 for each meeting held elsewhere than in the home country of the respective member and EUR 500 for each meeting attended by telephone or other electronic means. 75% of the annual fee is paid in cash and 25% in Suominen Corporation’s shares. Compensation for expenses is paid in accordance with the company's valid travel policy. Composition of the Board of Directors The AGM decided that the number of Board members will be six (6). Andreas Ahlström, Gail Ciccione, Maija Joutsenkoski, Nina Linander and Laura Remes were re -elected as members of the Board by the AGM. Ville Vuori was elected as a new member of the Board. Ville Vuori was elected as the Chair of the Board of Directors. All elected members are independent of the company. They are also independent of the company’s significant shareholders, with the exceptions of Andreas Ahlström and Maija Joutsenkoski. The largest shareholder of Suominen Corporation, Ahlstrom Capital B.V., is part of the A. Ahlström Group. Andreas Ahlström currently acts as the CEO of Ahlström Invest B.V., which is an associated company of A. Ahlström Group. Maija Joutsenkoski currently acts as the Investment Director at A. Ahlström Corporation, which is the parent company of Ahlstrom Capital B.V. Election of auditor and the authorised sustainability auditor and their fees Authorised Public Accountants KPMG Oy Ab was elected as the auditor of the company for the next term of office in accordance with the Articles of Association. KPMG Oy Ab has informed that Anders Lundin, APA, ASA, will act as the principally responsible auditor of the company. The auditor’s fee was resolved to be paid according to the invoice approved by the company.
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14 (41) Sustainability audit firm KPMG Oy Ab was elected as the company’s authorised sustainability auditor for a term that lasts until the end of the company's next Annual General Meeting. KPMG Oy Ab has informed that Anders Lundin, APA, ASA, will act as the responsible authorised sustainability auditor of the company. The authorised sustainability auditor’s fee was resolved to be paid according to the invoice approved by the company. Authorisation to resolve on the repurchase of the company’s own shares The Board of Directors was authorised to decide on the repurchase of a maximum of 1,000,000 of the company’s own shares, representing approximately 1.7 per cent of all shares in the company on the date of the notice of the meeting. The company’s own shares shall be repurchased otherwise tha n in proportion to the holdings of the shareholders through trading on the regulated market organized by Nasdaq Helsinki Ltd at the market price prevailing at the time of acquisition using the company’s unrestricted equity. The shares shall be repurchased to be used in the company’s share -based incentive programs, in order to disburse the remuneration of the members of the Board of Directors, to be used as consideration in acquisitions related to the company’s business, or to be held by the company, to be conveyed by other means or to be cancelled. The Board of Directors shall decide on other terms and conditions related to the repurchase of the company’s own shares. The repurchase authorisation is valid until June 30, 2027, and it revokes all earlier authorisations to repurchase company’s own shares. Authorisation to resolve on the issuance of shares and granting of option rights and other special rights entitling to shares The Board of Directors was authorised to decide on the issuance of new shares, conveyance of the company’s own shares held by the company and/or granting of option rights and other special rights entitling to shares referred to in Chapter 10, Section 1 of the Finnish Companies Act. By virtu e of the authorisation, the Board of Directors may, by one or several resolutions, issue a maximum of 8,000,000 shares, representing approximately 13.7 per cent of all shares in the company on the date of the notice of the meeting. The shares granted by virtue of option rights and other special rights are included in the aforementioned maximum number. Option rights and other special rights may not be granted as a part of the company’s remuneration system. The share issue can be made either against payment or without payment and can also be directed to the company itself. The authori sation entitles the Board of Directors to also carry out a directed share issue. The authori sation can be used to carry out acquisitions or other arrangements related to the company’s business, to finance investments, to improve the company’s financial structure, as part of the company’s remuneration system or to pay the share proportion of the remuneration of the members of the Board of Directors or for other purposes decided by the Board of Directors. The authorisation revokes all earlier authorisations regarding the issuance of shares and issuance of option rights and other special rights entitling to shares. The Board of Directors will decide on all other terms and conditions related to the authorisation. The authorisation is valid until June 30, 2027. The organising meeting of the Board of Directors In its organising meeting held after the AGM, the Board of Directors elected Andreas Ahlström as the Deputy Chair of the Board. The Board elected from among its members the members for the Audit Committee and the Personnel and Remuneration Committee. Nina Linander was re-elected as the Chair of the Audit Committee, and Laura Remes and Maija Joutsenkoski were re-elected as its members. Ville Vuori was elected as the Chair of the Personnel and Remuneration Committee, and Andreas Ahlström and Gail Ciccione were
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15 (41) re-elected as its members. The Board decided to discontinue the temporary Strategy Committee established by the Board on December 13, 2023. CHANGE IN THE HOLDING OF SUOMINEN’S TREASURY SHARES Following the decision taken at Suominen’s Annual General Meeting on April 15, 2026, Suominen transferred 68,481 shares to the members of the Board of Directors on May 15, 2026, as part of the remuneration of the Board. According to the decision taken at the Annual General Meeting, 25% of the annual remuneration is paid in the company’s shares. After the transfer, the company holds a total of 418,263 treasury shares. EXTRAORDINARY GENERAL MEETING (JUNE 8, 2026) The Extraordinary General Meeting of Suominen Corporation was held on June 8, 2026 , as a remote meeting. Authorising the Board of Directors to decide on a rights issue The General Meeting decided to authorise the Board of Directors to resolve on a rights issue as follows: Under the authorisation, a maximum of 500,000,000 new shares in the company may be issued. In the rights issue, the company’s shareholders shall have a pre-emptive right to the shares to be issued in the same proportion as they already hold shares in the company. If shares remain unsubscribed on this basis, the Board of Directors shall be entitled to decide on offering the unsubscribed shares for subscription to the company’s shareholders or other persons in such proportions as it deems fit. In the event that shares are issued on the basis of a secondary subscription right, such shares may first be issued to the company itself without consideration and subsequently transferred to the subscribers, in order to enable delivery of the shares to the subscribers against payment. The issuance of shares to the company for this purpose shall not reduce the remaining maximum number of shares issuable under the authorisation. The issuance of shares to the company requires that the number of own shares held by the company does not exceed 10 per cent of the company’s total shares. The Board of Directors was authorised to resolve on all other terms and conditions of the rights issue, including the subscription and payment period and the grounds for determining the subscription price, as well as to attend to the practical measures relating to the rights issue. The authorisation is valid until September 30, 2026. The authorisation does not revoke any other authorisations granted to the Board of Directors to resolve on share issues and granting of special rights entitling to shares. The General Meeting approved the authorisation unanimously, i.e., shareholders independent of the arrangement resolved on the arrangement at the General Meeting, as referred to in the Finnish Financial Supervisory Authority’s permanent exemptions granted in connection with the rights issue. Amendments to the Board of Directors’ authorisations The General Meeting resolved to amend the authorisations resolved at the Annual General Meeting on 15 April 2026 so that the maximum number of shares under the Repurchase Authorisation (as defined below) and Share Issue Authorisation (as defined below) is increased in such a manner that
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16 (41) the maximum number of shares covered by each authorisation as a percentage of all shares in the company remains unchanged (rounded down to the nearest full thousand shares) following the implementation of the rights issue. Under the authorisation to repurchase own shares (“Repurchase Authorisation”) resolved at the Annual General Meeting on April 15, 2026, the Board of Directors is entitled to decide on the repurchase of a maximum of 1,000,000 of the company’s own shares, and under the authorisation for a share issue and the issuance of option rights and other special rights entitling to shares (“Share Issue Authorisation”), on the issuance of a maximum of 8,000,000 shares. If the rights issue is carried out in accordance with the maximum amount approved by the General Meeting, the maximum amount of the Repurchase Authorisation would be 9,582,000 shares and the maximum amount of the Share Issue Authorisation would be 76,658,000 shares. In all other respects, the authorisations remain unchanged. Amending the Share Issue Authorisation does not revoke the authorisation regarding the rights issue. SHARE RIGHTS ISSUE On May 18, 2026, Suominen announced that it is planning a rights issue to raise gross proceeds of up to approximately EUR 28 million through an offering based on shareholders’ pre-emptive subscription rights. On June 8, 2026, the Board of Directors resolved on a fully underwritten rights issue and published the terms and conditions of the rights issue. The share rights issues subscription period was between June 15 and 29, 2026. A total of 81,504,500 subscriptions for new shares were made in the offering, corresponding to approximately 105.7 per cent of the 77,121,272 new shares that were offered in the offering. This means that the offering was oversubscribed. A total of 74,851,760 new shares were subscribed for with subscription rights, corresponding to approximately 97.1 per cent of the new shares. In addition, 2,269,512 new shares were allocated in accordance with the terms and conditions of the offering in the secondary subscription to subscribers who subscribed for new shares with subscription rights. The subscription price in the offering was EUR 0.36 per new share. Suominen received gross proceeds of approximately EUR 28 million from the offering as planned after the reporting period in the beginning of July 2026. Suominen had disclosed in connection to the rights issue on May 18, 2026, that the Company’s main shareholders, Ahlstrom Capital B.V., separately, and Etola Group Oy and Oy Etra Invest Ab, acting jointly, together representing a total of 49.02 per cent of the Company’s shares, have undertaken to subscribe for their pro rata share of new shares issued in the offering (the “Subscription Undertakings”). In addition, Ahlstrom Capital B.V., separately, and Etola Group Oy and Oy Etra Invest Ab, acting jointly, provided subscription guarantee commitments collectively covering the remainder of the offering (the “Underwriting”). No compensation will be paid to the shareholders for providing their Subscription Undertakings or Underwriting. The Subscription Undertakings and the Underwriting have been subject to, among other things, the Finnish Financial Supervisory Authority granting, pursuant to Chapter 11, Section 26 of the Finnish Securities Markets Act (746/2012, as amended), the parties that have given the respective commitments permanent exemptions from the obligation to launch a mandatory tender offer for the remaining securities entitling to the company’s shares in the event that the holding of Ahlstrom
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17 (41) Capital B.V., separately, and Etola Group Oy and Oy Etra Invest Ab, acting jointly, would consequently exceed 30 per cent of all votes carried by the company’s shares as a result of the offering. On June 5, 2026, Suominen published, that the Finnish Financial Supervisory Authority had decided on June 5, 2026 to grant the permanent exemptions from the obligation to launch a mandatory tender offer, even if the share of voting rights of Ahlstrom Capital B.V. and, indirectly, A. Ahlström Oy, or of Etola Group Oy and Oy Etra Invest Ab, acting jointly, or Erkki Etola indirectly alone, in the Company were to exceed the 30 per cent threshold for the obligation to launch a mandatory tender offer when the Subscription Undertakings and the Underwriting are exercised. SHORT TERM RISKS AND UNCERTAINTIES The geopolitical instability, particularly linked to the conflicts in the Ukraine and the Middle East, impacted Suominen’s business during the first half of 2026, through higher raw material and energy cost as well as raw material availability. Suominen purchases significant amounts of pulp - and oil- based raw materials. The pricing of raw material shifted to a monthly model instead of the quarterly model that has been standard in the industry. Suominen continues to closely monitor the situation to mitigate any potential impact. Suominen manages potential cost increases through pricing mechanisms to minimize any adverse impact on Suominen’s profitability. From the demand point of view, the wipe market has been historically rather steady and resilient to changing economic conditions, also during periods of disruption. Suominen does not expect a material reduction in consumption, but the wipes market will most likely be affected by inflation. Suominen’s other risks and uncertainties include but are not limited to: risks related to manufacturing, competition, raw material prices and availability, customer specific volumes and credits, changes in legislation, political environment or economic conditions and investments, and financial risks. A more detailed description of risks is available in Suominen’s Annual Report 2025 at www.suominen.fi/investors as well as in the share rights issue material on the page https://merkintaoikeusanti.suominen.fi/en/. The exemption document for the share rights issue can be found via this link: Suominen-Oyj-Exemption-Document-8-June-2026.pdf CORPORATE GOVERNANCE STATEMENT AND REMUNERATION REPORT Suominen has prepared a separate Corporate Governance Statement and a Remuneration Report for 2025, which comply with the recommendations of the Finnish Corporate Governance Code for listed companies. The statements have been published on Suominen's website at www.suominen.fi EVENTS AFTER THE REPORTING PERIOD Final results of Suominen Corporation’s oversubscribed rights issue Suominen’s Board of Directors approved the subscriptions made in the offering on July 2, 2026, and allocated the new shares to be issued, in accordance with the terms and conditions of the o ffering. As a result of the offering, the total number of shares in Suominen increased by 77,121,272 from 58,259,219 to 135,380,491. The new shares issued in the offering amounted to approximately 57.0 per cent of the issued shares in Suominen following the offering.
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18 (41) The final results of Suominen Corporation’s rights issue show that a total of 81,504,500 subscriptions for new shares were made in the offering, corresponding to approximately 105.7 per cent of the 77,121,272 new shares offered in the Offering, and the offering was thus oversubscribed. A total of 74,851,760 new shares were subscribed for with subscription rights, corresponding to approximately 97.1 per cent of the new shares. In addition, 2,269,512 new shares were allocated in accordance with the terms and conditions of the offering in the secondary subscription to subscribers who subscribed for new shares with subscription rights. The subscription price in the offering was EUR 0.36 per new share. Suominen receives gross proceeds of approximately EUR 28 million from the o ffering. New shares of Suominen Corporation registered with the trade register A total of 77,121,272 new shares subscribed for in the offering were registered with the Trade Register maintained by the Finnish Patent and Registration Office on July 3, 2026. Following the registration of the new shares, the total number of shares in Suominen is 135,380,491. Notification of change in holdings according to chapter 9, section 10 of the Securities Market Act Suominen Corporation received a notification on July 9, 2026, referred to Chapter 9, Section 5 and 6 of the Securities Market Act, according to which the shareholding of Mandatum Life Insurance Company Ltd., controlled by Mandatum Plc., in Suominen Corporation has crossed the 5% flagging threshold. Mandatum Life Insurance Company Ltd., controlled by Mandatum Plc., now holds 5.01% of shares and voting rights with a total of 135,380,491 shares and voting rights. WEBCAST AND CONFERENCE CALL Charles Héaulmé, President & CEO, and Kimmo Raunio, CFO, will present the result in English in a webcast and a conference call for analysts, investors, and media on August 7 at 10:30 a.m. (EEST). The webcast can be followed at https://suominen.events.inderes.com/q2-2026. The recording of the webcast and the presentation material will be available after the event at www.suominen.fi . Conference call participants can access the teleconference by registering at https://events.inderes.com/suominen/q2-2026/dial-in. The phone numbers and a conference ID to access the conference will be provided after the registration. NEXT FINANCIAL REPORT Suominen Corporation will publish its Interim Report for January–September 2026 on November 5, 2026, approximately at 9:00 a.m. (EET).
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19 (41) KEY RATIOS 4–6/2026 4–6/2025 1–6/2026 1–6/2025 1–12/2025 Change in net sales, % * 5.8 -15.9 -7.4 -6.4 -10.8 Gross profit, as a percentage of net sales, % 6.5 7.0 5.5 7.1 6.4 Comparable EBITDA, as percentage of net sales, % 4.1 3.2 3.3 3.3 3.1 EBITDA, as percentage of net sales, % 2.2 2.6 1.0 3.1 2.7 Comparable operating profit / loss, as percentage of net sales, % 0.2 -1.0 -0.8 -0.6 -1.0 Operating profit / loss, as percentage of net sales, % -1.7 -1.6 -3.1 -0.9 -1.4 Net financial items, as percentage of net sales, % -1.1 -2.9 -1.1 -2.2 -1.8 Profit / loss before income taxes, as percentage of net sales, % -2.8 -4.5 -4.1 -3.1 -3.2 Profit / loss for the period, as percentage of net sales, % -2.8 -4.0 -4.3 -2.8 -2.9 Gross capital expenditure, EUR million 5,1 5,9 9,4 11,7 26,3 Depreciation, amortization and impairment losses, EUR million 4,1 4,2 8,2 8,5 17,2 Earnings per share, EUR, basic(1 -0.03 -0.04 -0.09 -0.07 -0.13 Earnings per share, EUR, diluted(1 -0.03 -0.04 -0.09 -0.07 -0.13 Cash flow from operations per share, EUR(1 -0.05 -0.11 -0.00 -0.11 0.13 Return on equity, rolling 12 months, % -14.4 -7.6 -11.4 Return on invested capital, rolling 12 months, % -5.6 -1.4 -3.3 Equity ratio, % 39.2 36.5 35.3 Gearing, % 51.6 85.5 80.7 Average number of personnel (FTE – full-time equivalent) 663 711 695 Equity per share, EUR(1 0.87 1.09 1.03 Number of shares, end of period, excluding treasury shares(1 134,962,228 93,057,169 93,057,169 Share price, end of period, EUR(1 0.55 1.23 1.11 Share price, period low, EUR(1 0.52 1.19 0.99 Share price, period high, EUR(1 1.17 1.61 1.61 Volume weighted average price during the period, EUR(1 0.71 1.32 1.17 Market capitalization, EUR million(1 73.7 114.1 103.4 Number of traded shares during the period 3,470,799 354,847 1,096,086
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20 (41) Number of traded shares during the period, % of average number of shares(1 3.7 0.6 1.9 * Compared with the corresponding period in the previous year. 1) Rights issue was implemented in June 2026 and gross proceeds of EUR 27.8 million received in July 2026. The number of shares and the share price for the current and comparative periods have been restated accordingly. 30.6.2026 30.6.2025 31.12.2025 Interest-bearing net debt, EUR thousands Non-current interest-bearing liabilities, nominal value 56,181 107,766 106,829 Current interest-bearing liabilities, nominal value 52,796 2,746 2,837 Right issue receivable(1 -27,764 - - Cash and cash equivalents -20,865 -23,674 -32,064 Interest-bearing net debt 60,349 86,838 77,602 1) Gross amount before deducting transaction costs CALCULATION OF KEY RATIOS AND ALTERNATIVE PERFORMANCE MEASURES Key ratios per share are either IFRS key ratios (earnings per share) or required by Ordinance of the Ministry of Finance in Finland or alternative performance measures (cash flow from operations per share). Some of the other key ratios Suominen publishes are alternative performance measures. An alternative performance measure is a key ratio which has not been defined in IFRS Accounting Standards. Suominen believes that the use of alternative performance measures provides useful information for example to investors regarding the Group's financial and operating performance and makes it easier to make comparisons between the reporting periods. The reconciliation between the components of the key ratios per share and the consolidated financial statements is presented in the consolidated financial statements for 2025. The reconciliation between the components of the alternative performance measures and the consolidated financial statements is presented in Suominen’s Annual Report for 2025. Calculation of key ratios per share Earnings per share Basic earnings per share are calculated by dividing the net result attributable to owners of the parent by the weighted share-issue adjusted average number of shares outstanding during the reporting period, excluding shares acquired by the Group and held as treasury shares. When calculating diluted earnings per share the number of shares is adjusted with the effects of the share-based incentive plans.
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21 (41) Basic earnings per share (EPS) Profit /-loss for the period net of tax = Share-issue adjusted average number of shares excluding treasury shares Diluted earnings per share (EPS) Profit /-loss for the period net of tax = Average diluted share-issue adjusted number of shares excluding treasury shares EUR thousand 30.6.2026 30.6.2025 31.12.2025 Profit / loss for the period -8,677 -6,169 -12,070 Average share-issue adjusted number of shares 93,112,626 93,016,998 93,037,248 Average diluted share-issue adjusted number of shares excluding treasury shares 93,230,591 93,029,562 93,341,794 Earnings per share EUR Basic -0.09 -0.07 -0.13 Diluted -0.09 -0.07 -0.13 Cash flow from operations per share Cash flow from operations per share Cash flow from operations = Share-issue adjusted average number of shares excluding treasury shares 30.6.2026 30.6.2025 31.12.2025 Cash flow from operations, EUR thousand -44 -10,516 12,218 Share-issue adjusted average number of shares excluding treasury shares 93,112,626 93,016,998 93,037,248 Cash flow from operations per share, EUR -0.00 -0.11 0.13
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22 (41) Equity per share Equity per share Total equity attributable to owners of the parent = Share-issue adjusted number of shares excluding treasury shares. end of reporting period 30.6.2026 30.6.2025 31.12.2025 Total equity attributable to owners of the parent, EUR thousand 117,005 101,577 96,102 Share-issue adjusted number of shares excluding treasury shares, end of reporting period 134,962,228 93,057,169 93,057,169 Equity per share, EUR 0.87 1.09 1.03 Market capitalization Market capitalization = Number of shares at the end of reporting period excluding treasury shares x share price at the end of period 30.6.2026 30.6.2025 31.12.2025 Number of shares at the end of reporting period excluding treasury shares 134,962,228 93,057,169 93,057,169 Share price at end of the period, EUR 0.55 1.23 1.11 Market capitalization, EUR million 73.7 114.1 103.4 Share turnover Share turnover = The proportion of number of shares traded during the period to weighted average number of shares excluding treasury shares 30.6.2026 30.6.2025 31.12.2025 Number of shares traded during the period 3,470,799 354,847 1,096,086 Average number of shares excluding treasury shares 93,112,626 93,016,998 93,037,248 Share turnover, % 3.7 0.4 1.2 Calculation of key ratios and alternative performance measures Operating profit and comparable operating profit Operating profit / loss (EBIT) = Profit / loss before income taxes + net financial expenses
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23 (41) Comparable operating profit / loss (EBIT) = Profit / loss before income taxes + net financial expenses. adjusted with items affecting comparability In order to improve the comparability of result between reporting periods. Suominen presents comparable operating profit / loss as an alternative performance measure. Operating profit / loss is adjusted with material items that are considered to affect comparability between reporting periods. These items include, among others, impairment losses or reversals of impairment losses, gains or losses from the sales of property, plant and equipment or intangible assets or other assets and restructuring costs. Comparable EBIT EUR thousand 30.6.2026 30.6.2025 31.12.2025 Operating profit / loss -6,188 -1,894 -5,904 + Dismissal costs affecting comparability 1,273 685 781 + Restoration costs affecting comparability / reversals of restoration provisions − -49 -85 + Other costs affecting comparability 3,285 − 650 + Other operating income, affecting comparability − − -49 + Impairment losses of property, plant and equipment, affecting comparability of result − − 426 Comparable operating profit / loss -1,630 -1,258 -4,182 EBITDA and comparable EBITDA EBITDA is an important measure that focuses on the operating performance excluding the effect of depreciation and amortization, financial items and income taxes, in other words what is the margin on net sales after deducting operating expenses. EBITDA = EBIT + depreciation, amortization and impairment losses Comparable EBITDA = EBIT + depreciation, amortization and impairment losses, adjusted with items affecting comparability EUR thousand 30.6.2026 30.6.2025 31.12.2025 Operating profit / loss -6,188 -1,894 -5,904 + Depreciation, amortization and impairment losses 8,176 8,535 17,201 EBITDA 1,987 6,641 11,298
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24 (41) EBITDA 1,987 6,641 11,298 + Dismissal costs affecting comparability 1,273 685 781 + Restoration costs affecting comparability / reversals of restoration provisions - -49 -85 + Other costs affecting comparability 3,285 − 650 + Other operating income, affecting comparability - − -49 Comparable EBITDA 6,546 7,277 12,594 Gross capital expenditure EUR thousand 30.6.2026 30.6.2025 31.12.2025 Increases in intangible assets 174 131 160 Increases in property, plant and equipment 9,274 11,607 26,130 Gross capital expenditure 9,448 11,738 26,289 Interest-bearing net debt It is the opinion of Suominen that presenting interest-bearing liabilities not only at amortized cost but also at nominal value gives relevant additional information to the investors. Interest-bearing net debt = Interest-bearing liabilities at nominal value - interest-bearing receivables - cash and cash equivalents EUR thousand 30.6.2026 30.6.2025 31.12.2025 Interest-bearing liabilities 108,673 110,196 109,256 Tender and issuance costs of the debentures 305 316 408 Right issue receivable(1 -27,764 - - Cash and cash equivalents -20,865 -23,674 -32,064 Interest-bearing net debt 60,349 86,838 77,602 Interest-bearing liabilities 108,673 110,196 109,256 Tender and issuance costs of the debentures 305 316 410 Nominal value of interest-bearing liabilities 108,978 110,512 109,666 1)Gross amount before deducting transaction costs
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25 (41) Return on equity (ROE), % Return on equity (ROE), % = Profit / loss for the reporting period (rolling 12 months) x 100 ______________________________________________________________ Total equity attributable to owners of the parent (quarterly average) EUR thousand 30.6.2026 30.6.2025 31.12.2025 Profit / loss for the reporting period (rolling 12 months) -14,578 -8,516 -12,070 Total equity attributable to owners of the parent 30.6.2025 / 30.6.2024 / 31.3.2025 101,577 118,081 117,608 Total equity attributable to owners of the parent 30.9.2025 / 30.9.2024 / 30.6.2025 100,153 110,781 112,466 Total equity attributable to owners of the parent 31.12.2025 / 31.12.2024 / 30.9.2025 96,102 117,608 101,577 Total equity attributable to owners of the parent 31.3.2026 / 31.3.2025 / 31.12.2025 92,529 112,466 100,153 Total equity attributable to owners of the parent 30.6.2026 / 30.6.2025 / 31.12.2025 117,005 101,577 96,102 Average 101,473 112,103 105,581 Return on equity (ROE), % -14.4 -7.6 -11.4 Invested capital Invested capital = Total equity + interest-bearing liabilities – cash and cash equivalents EUR thousand 30.6.2026 30.6.2025 31.12.2025 Total equity attributable to owners of the parent 117,005 101,577 96,102 Interest-bearing liabilities 108,673 110,196 109,256 Cash and cash equivalents -20,865 -23,674 -32,064 Invested capital 204,812 188,099 173,294
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26 (41) Return on invested capital (ROI), % Return on invested capital (ROI), % = Operating profit / loss (rolling 12 months) x 100 Invested capital, quarterly average EUR thousand 30.6.2026 30.6.2025 31.12.2025 Operating profit/ loss (rolling 12 months) -10,198 -2,433 -5,904 Invested capital 30.6.2025 / 30.6.2024 / 31.3.2025 188,099 174,218 178,028 Invested capital 30.9.2025 / 30.9.2024 / 30.6.2025 175,795 173,650 179,559 Invested capital 31.12.2025 / 31.12.2024 / 30.9.2025 173,294 178,028 188,099 Invested capital 31.3.2026 / 31.3.2025 / 31.12.2025 170,158 179,559 175,792 Invested capital 30.6.2026 / 30.6.2025 / 31.12.2025 204,812 188,099 173,294 Average 182,431 178,711 178,954 Return on invested capital (ROI), % -5.6 -1.4 -3.3 Equity ratio, % Equity ratio, % = Total equity attributable to owners of the parent x 100 Total assets - advances received EUR thousand 30.6.2026 30.6.2025 31.12.2025 Total equity attributable to owners of the parent 117,005 101,577 96,102 Total assets 298,267 278,766 272,521 Advances received -100 -107 -212 298,167 278,659 272,309 Equity ratio, % 39.2 36.5 35.3
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27 (41) Gearing, % Gearing, % = Interest-bearing net debt x 100 Total equity attributable to owners of the parent EUR thousand 30.6.2026 30.6.2025 31.12.2025 Interest-bearing net debt 60,349 86,838 77,602 Total equity attributable to owners of the parent 117,005 101,577 96,102 Gearing, % 51.6 85.5 80.7 QUARTERLY DEVELOPMENT 2026 2025 EUR thousand 4–6 1–3 10–12 7–9 4–6 1–3 Net sales 105,602 95,596 95,338 99,767 99,827 117,501 Comparable EBITDA 4,346 2,200 1,890 3,428 3,217 4,060 as % of net sales 4,1 2.3 2.0 3.4 3.2 3.5 Items affecting comparability -2,047 -2,512 -558 -102 -636 - EBITDA 2,299 -312 1,331 3,326 2,581 4,060 as % of net sales 2,2 -0.3 1.4 3.3 2.6 3.5 Comparable operating profit / loss 249 -1,878 -2,249 -675 -966 -292 as % of net sales 0,2 -2.0 -2.4 -0.7 -1.0 -0.2 Items affecting comparability -2,047 -2,512 -984 -102 -636 0 Operating profit / loss -1,798 -4,390 -3,233 -777 -1,602 -292 as % of net sales -1,7 -4.6 -3.4 -0.8 -1.6 -0.2 Net financial items -1,166 -991 -1,365 -1,341 -2,888 -1,874 Profit / loss before income taxes -2,964 -5,381 -4,598 -2,117 -4,489 -2,166 as % of net sales -2,8 -5.6 -4.8 -2.1 -4.5 -1.8 The items affecting comparability are described in more detail in the section ‘Calculation of key ratios and alternative performance measures’ on page 20.
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28 (41) TABLES ACCOUNTING PRINCIPLES SUOMINEN GROUP 1.1–30.6.2026 This half-year financial report has been prepared in accordance with IAS 34 Interim Financial Reporting. The principles for preparing the interim report are the same as those used for preparing the consolidated financial statements for 2025, with the exception of the effect of the new accounting standards and interpretations which have been applied from January 1, 2026. The new or amended standards or interpretations applicable from January 1, 2026, are not material for Suominen Group. IFRS 18 Presentation and Disclosure in Financial Statements, applicable from January 1, 2027. Also, the consequential amendments to other IFRS Accounting Standards due to application of IFRS 18 are effective from January 1, 2027. The standard will be applied retrospectively. The standard will introduce new categories and subtotals in the statement of profit or loss. It also requires disclosure of management-defined performance measures (MPM) in the financial statements and includes new requirements for the location, aggregation and disaggregation of financial information. IFRS 18 will replace IAS 1 Presentation in Financial Statements. The new standard will change the definition of operating profit or loss (EBIT). Operating profit or loss of Suominen as defined in IFRS 18 will be lower than operating profit or loss calculated before the application of the standard, as certain expenses currently included in financial items will be included in the operating category before operating profit or loss. In addition, some income items included currently in financial items will be, in accordance with the new standard, included in the investing category. After the application of IFRS 18 standard financing category will include mainly interest and other expenses related to interest-bearing liabilities. Also, the profit or loss before income taxes will change slightly, as interest income and expenses related to income taxes will be included in the income tax category. The figures in these half-year financial statements are mainly presented in EUR thousands. As a result of rounding differences, the figures presented in the tables do not necessarily add up to total. This half-year financial report has not been audited. In accordance with IFRS, the preparation of financial statements involves management’s estimates and assumptions. These reflect management’s best understanding at the reporting date, yet actual results may differ from the estimated values.
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29 (41) CONSOLIDATED STATEMENT OF FINANCIAL POSITION EUR thousand 30.6.2026 30.6.2025 31.12.2025 Assets Non-current assets Goodwill 15,496 15,496 15,496 Intangible assets 855 1,872 1,150 Property, plant and equipment 130,227 117,006 124,844 Right-of-use assets 7,995 9,426 8,617 Equity instruments 421 421 421 Other non-current receivables 106 146 155 Deferred tax assets 3,549 3,874 3,595 Total non-current assets 158,650 148,241 154,278 Current assets Inventories 40,527 43,095 40,443 Trade receivables 42,175 56,382 38,077 Other current receivables 7,517 6,773 6,869 Share issue receivables 27,764 - - Assets for current tax 770 600 660 Cash and cash equivalents 20,865 23,674 32,064 Total current assets 139,617 130,525 118,112 Total assets 298,267 278,766 272,391 Equity and liabilities Equity Share capital 11,860 11,860 11,860 Share premium account 24,681 24,681 24,681 Reserve for invested unrestricted equity 102,053 75,692 75,692 Fair value and other reserves 553 553 553 Exchange differences -3,693 -6,556 -6,751 Retained earnings -18,450 -4,653 -9,933 Total equity attributable to owners of the parent 117,005 101,577 96,102
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30 (41) Liabilities Non-current liabilities Deferred tax liabilities 4,382 5,874 4,278 Liabilities from defined benefit plans 172 189 173 Non-current provisions 613 560 579 Non-current lease liabilities 6,026 7,766 6,829 Other non-current interest-bearing liabilities 49,850 50,000 49,825 Debentures - 49,684 49,765 Total non-current liabilities 61,044 114,073 111,448 Current liabilities Debentures 49,845 - - Current provisions - 85 -- Current lease liabilities 2,951 2,746 2,837 Other current interest-bearing liabilities - − − Liabilities for current tax 98 457 5 Trade payables and other current liabilities 67,324 59,827 61,998 Total current liabilities 120,219 63,116 64,840 Total liabilities 181,262 177,189 176,289 Total equity and liabilities 298,267 278,766 272,391 CONSOLIDATED STATEMENT OF PROFIT OR LOSS EUR thousand 4–6/2026 4–6/2025 1–6/2026 1–6/2025 1–12/2025 Net sales 105,602 99,827 201,197 217,328 412,433 Cost of goods sold -98,724 -92,823 -190,204 -201,979 -386,153 Gross profit / loss 6,878 7,004 10,993 15,349 26,280 Other operating income 968 601 1,943 1,509 2,619 Sales, marketing and administration expenses -9,044 -8,492 -17,880 -16,694 -31,503 Research and development expenses -530 -700 -1,168 -1,658 -2,811 Other operating expenses -70 -14 -77 -399 -489 Operating profit / loss -1,798 -1,602 -6,188 -1,894 -5,904 Net financial expenses -1,166 -2,888 -2,157 -4,761 -7,467 Profit / loss before income taxes -2,964 -4,489 -8,345 -6,655 -13,370 Income taxes 11 492 -332 486 1,300 Profit / loss for the period -2,953 -3,997 -8,677 -6,169 -12,070
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31 (41) Earnings per share, EUR Basic -0.03 -0.04 -0.09 -0.07 -0.13 Diluted -0.03 -0.04 -0.09 -0.07 -0.13 CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME EUR thousand 4–6/2026 4–6/2025 1–6/2026 1–6/2025 1–12/2025 Profit / loss for the period -2,953 -3,997 -8,677 -6,169 -12,070 Other comprehensive income: Other comprehensive income that will be subsequently reclassified to profit or loss Exchange differences 900 -7,644 3,405 -11,289 -11,513 Income taxes related to other comprehensive income -103 928 -346 1,421 1,449 Total 796 -6,716 3,059 -9,868 -10,064 Other comprehensive income that will not be subsequently reclassified to profit or loss Remeasurements of defined benefit plans − − − − 5 Total − − − − 5 Total other comprehensive income 796 -6,716 3,059 -9,868 -10,059 Total comprehensive income for the period -2,157 -10,714 -5,618 -16,037 -22,129
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32 (41) CONSOLIDATED STATEMENT OF CHANGES IN EQUITY EUR thousand Share capital Share premium account Reserve for invested unrestricted equity Exchange differences Fair value and other reserves Retained earnings Total equity attributable to owners of the parent Equity 1.1.2026 11,860 24,681 75,692 -6,751 553 -9,933 96,102 Profit / loss for the period − − − − − -8, 677 -8, 677 Other comprehensive income − − − 3,059 − 0 3,059 Total comprehensive income − − − 3,059 − -8,677 -5,618 Share-based payments − − − − − 167 167 Conveyance of treasury shares − − − − − -7 -7 Right issue(1 − − 26,361 − − - 26,361 Equity 30.6.2026 11,860 24,681 102,053 -3,693 553 -18,450 117,004 1)Net amount after deducting transaction costs EUR thousand Share capital Share premium account Reserve for invested unrestricted equity Exchange differences Fair value and other reserves Retained earnings Total equity attributable to owners of the parent Equity 1.1.2025 11,860 24,681 75,692 3,312 436 1,626 117,608 Profit / loss for the period − − − − − -6,169 -6,169 Other comprehensive income − − − -9,868 − − -9,868 Total comprehensive income − − − -9,868 − -6,169 -16,037 Share-based payments − − − − − -62 -62 Conveyance of treasury shares − − − − − 69 69 Transfers 117 -117 − Equity 30.6.2025 11,860 24,681 75,692 -6,556 553 -4,653 101,577
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33 (41) EUR thousand Share capital Share premium account Reserve for invested unrestricted equity Exchange differences Fair value and other reserves Retained earnings Total equity attributable to owners of the parent Equity 1.1.2025 11,860 24,681 75,692 3,312 436 1,626 117,608 Profit / loss for the period − − − − − -12,070 -12,070 Other comprehensive income − − − -10,064 − 5 -10,059 Total comprehensive income − − − -10,064 − -12,065 -22,129 Share-based payments − − − − − 562 562 Conveyance of treasury shares − − − − − 61 61 Transfers − − − − 117 -117 − Equity 31.12.2025 11,860 24,681 75,692 -6,751 553 -9,933 96,102
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34 (41) CONSOLIDATED STATEMENT OF CASH FLOWS EUR thousand 1–6/ 2026 1–6/ 2025 1–12/ 2025 Cash flow from operations Profit / loss for the period -8,677 -6,169 -12,070 Total adjustments to profit / loss for the period 12,207 13,441 23,977 Cash flow before changes in net working capital 3,530 7,272 11,906 Change in net working capital 705 -13,090 8,348 Financial items -3,631 -3,786 -6,123 Income taxes -648 -912 -1,913 Cash flow from operations -44 -10,516 12,218 Cash flow from investments Investments in property, plant and equipment and intangible assets -10,504 -12,861 -25,588 Sales proceeds from property, plant and equipment and intangible assets - 28 120 Cash flow from investments -10,504 -12,833 -25,468 Cash flow from financing Drawdown of non-current interest-bearing liabilities - 50,000 50,000 Drawdown of current interest-bearing liabilities - 48,000 88,000 Repayment of current interest-bearing liabilities - -88,000 -128,000 Repayment of lease liabilities -1,552 -1,394 -2,848 Cash flow from financing -1,552 8,606 7,152 Change in cash and cash equivalents -12,100 -14,742 -6,098 Cash and cash equivalents at the beginning of the period 32,064 41,340 41,340 Effect of changes in exchange rates 901 -2,923 -3,177 Change in cash and cash equivalents -12,100 -14,742 -6,098 Cash and cash equivalents at the end of the period 20,866 23,674 32,064
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35 (41) NOTES NOTE 1. NET SALES BY GEOGRAPHICAL MARKET AREA NOTE 2. QUARTERLY SALES BY BUSINESS AREA NOTE 3. RELATED PARTY INFORMATION NOTE 4. CHANGES IN PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND RIGHT - OF-USE ASSETS NOTE 5. CHANGES IN INTEREST-BEARING LIABILITIES NOTE 6. CONTINGENT LIABILITIES NOTE 7. FINANCIAL ASSETS BY CATEGORY NOTE 8. FINANCIAL LIABILITIES NOTE 9. FAIR VALUE MEASUREMENT HIERARCHY NOTE 10. EVENTS AFTER THE REPORTING PERIOD NOTE 1. NET SALES BY GEOGRAPHICAL MARKET AREA EUR thousand 1–6/2026 1–6/2025 1–12/2025 Finland 1,512 1,768 3,725 Rest of Europe 76,151 76,886 147,322 North and South America 123,328 138,317 260,942 Rest of the world 206 357 444 Total 201,197 217,328 412,433 NOTE 2. QUARTERLY SALES BY BUSINESS AREA 2026 2025 EUR thousand 4–6 1–3 10–12 7–9 4–6 1–3 Americas 65,720 55,629 58,839 60,279 59,874 73,577 EMEA 39,863 39,979 36,504 39,497 39,981 43,935 Unallocated exchange differences and eliminations 18 -13 -5 -10 -29 -11 Total 105,602 95,596 95,338 99,767 99,827 117,501 NOTE 3. RELATED PARTY INFORMATION Suominen has defined the members of the Board, the CEO and other members of the Suominen Leadership Team and their closely associated persons and entities as related parties of the Company and maintains a list of such persons and entities. Suominen has no associated companies or joint ventures. In its transactions with related parties Suominen follows the same commercial terms as in transactions with third parties.
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36 (41) NOTE 4. CHANGES IN PROPERTY, PLANT AND EQUIPMENT, INTANGIBLE ASSETS AND RIGHT - OF-USE ASSETS 30.6.2026 30.6.2025 31.12.2025 EUR thousand Property, plant and equipment Intangible assets Property, plant and equipment Intangible assets Property, plant and equipment Intangible assets Carrying amount at the beginning of the period 124,844 1,150 120,356 2,754 120,356 2,754 Capital expenditure and increases 9,274 174 11,607 131 26,130 160 Disposals and decreases − − − − -46 − Depreciation, amortization and impairment losses -6,266 -470 -6,072 -1,010 -12,569 -1,761 Exchange differences and other changes 2,376 3 -8,885 -4 -9,028 -4 Carrying amount at the end of the period 130,227 855 117,006 1,872 124,844 1,150 Goodwill is not included in intangible assets. 30.6.2026 30.6.2025 31.12.2025 EUR thousand Right-of-use assets Right-of-use assets Right-of-use assets Carrying amount at the beginning of the period 8,617 11,003 11,003 Increases 812 466 1,195 Disposals and decreases -81 -87 -202 Depreciation, amortization and impairment losses -1,439 -1,453 -2,872 Exchange differences and other changes 85 -503 -506 Carrying amount at the end of the period 7,995 9,426 8,617
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37 (41) NOTE 5. CHANGES IN INTEREST-BEARING LIABILITIES EUR thousand 1–6/2026 1–6/2025 1–12/2025 Total interest-bearing liabilities at the beginning of the period 109,256 101,760 101,760 Current liabilities at the beginning of the period 2,837 42,877 42,877 Repayment of lease liabilities, cash flow items -1,552 -1,394 -2,848 Repayment of current liabilities, cash flow items - -88,000 -128,000 Drawdown of current liabilities, cash flow items - 48,000 88,000 Increases in current liabilities, non-cash flow items 265 134 376 Decreases of current liabilities, non-cash flow items -56 -27 -108 Reclassification from non-current liabilities 51,243 1,347 2,735 Exchange rate difference, non-cash flow item 59 -190 -194 Current liabilities at the end of the period 52,796 2,746 2,837 Non-current liabilities at the beginning of the period 56,654 9,277 9,277 Increases in non-current liabilities, cash flow items - 50,000 50,000 Increases in non-current liabilities, non-cash flow items 548 331 819 Decreases of non-current liabilities, non-cash flow items -12 -63 -91 Reclassification to current liabilities -1,399 -1,347 -2,735 Periodization of interest-bearing non-current liabilities to amortized cost, non-cash flow items 25 - -175 Exchange rate difference, non-cash flow item 61 -433 -442 Non-current liabilities at the end of the period 55,876 57,766 56,654 Non-current debentures at the beginning of the period 49,765 49,606 49,606 Reclassification to current liabilities -49,765 Periodization of debentures to amortized cost, non-cash flow items - 78 159 Non-current debentures at the end of the period - 49,684 49,765 Total interest-bearing liabilities at the end of the period 108,673 110,196 109,256
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38 (41) NOTE 6. CONTINGENT LIABILITIES EUR thousand 30.6.2026 30.6.2025 31.12.2025 Other commitments Rental obligations 467 405 401 Contractual commitments to acquire property, plant and equipment 3,086 13,789 3,699 Commitments to leases not yet commenced 55 17 458 Guarantees On own behalf 1,134 1,625 1,088 Other own commitments 16,629 14,194 24,345 Total 17,763 15,819 25,433 NOTE 7. FINANCIAL ASSETS BY CATEGORY a. Financial assets at amortized cost b. Financial assets at fair value through other comprehensive income c. Carrying amount d. Fair value Classification EUR thousand a. b. c. d. Equity instruments − 421 421 421 Trade receivables 42,175 − 42,175 42,175 Interest and other financial receivables 191 − 191 191 Cash and cash equivalents 20,865 − 20,865 20,865 Total 30.6.2026 63,231 421 63,652 63,652 EUR thousand a. b. c. d. Equity instruments − 421 421 421 Trade receivables 38,077 − 38,077 38,077 Interest and other financial receivables 239 − 239 239 Cash and cash equivalents 32,064 − 32,064 32,064 Total 31.12.2025 70,380 421 70,801 70,801 Principles in estimating fair value of financial assets for 2026 are the same as those used for preparing the consolidated financial statements for 2025.
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39 (41) NOTE 8. FINANCIAL LIABILITIES 30.6.2026 31.12.2025 EUR thousand Carrying amount Fair value Nominal value Carrying amount Fair value Nominal value Non-current financial liabilities Debentures - - - 49,765 46,530 50,000 Non-current loans from financial institutions 49,850 50,000 50,000 49,825 50,000 50,000 Lease liabilities 6,026 6,026 6,026 6,829 6,829 6,829 Total non-current financial liabilities 55,876 56,026 56,026 106,419 103,359 106,829 Current financial liabilities Debentures 49,845 47,075 50,000 - - - Lease liabilities 2,951 2,951 2,951 2,837 2,837 2,837 Interest accruals 40 40 40 426 426 426 Other current liabilities 188 188 188 312 312 312 Trade payables 53,767 53,767 53,767 49,192 49,192 49,192 Total current financial liabilities 106,791 56,946 56,946 52,768 52,768 52,768 Total 162,667 160,047 162,972 159,187 156,127 159,597 Principles in estimating fair value for financial liabilities for 2026 are the same as those used for preparing the consolidated financial statements for 2025. At the end of June 2025, Suominen entered into a single-currency syndicated credit facility agreement which consists of EUR 50 million term loan and EUR 50 million revolving credit facility with a maturity of three years with a one-year extension option. The lenders for the facility are Danske Bank A/S and Nordea Bank Abp. On May 18, 2026, Suominen announced that it is planning a fully underwritten rights issue to raise gross proceeds of up to approximately EUR 28 million through an offering based on shareholders’ pre-emptive subscription rights. The rights issue was successfully arranged and oversubscribed in June 2026. In the offering, the company received a gross amount of approximately EUR 28 million (a net amount of EUR 26.4 million, taking into account the costs of the rights offering accumulated up to the end of June). The funds were received after the review period in early July 2026. Connected to the rights issue, during the second quarter Suominen signed a two-year maturity extension to the credit facility agreement including additional headroom to the financial covenants. The agreement entered into force after the review period on July 3, 2026, upon the completion of the rights issue. The financial covenants of these loans consist of leverage ratio, gearing and minimum
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40 (41) liquidity. The covenants are regularly monitored and Suominen was in compliance with financial covenants throughout the review period. Suominen has issued a senior unsecured bond in 2021 of EUR 50 million. The interest rate is 1.50 % and the six-year bond matures on June 11, 2027. Suominen is considering various refinancing alternatives and expects to complete the refinancing in due time before the bond matures . NOTE 9. FAIR VALUE MEASUREMENT HIERARCHY EUR thousands Level 1 Level 2 Level 3 Financial assets at fair value Equity instruments − − 421 Total 30.6.2026 − − 421 Principles in estimating fair value of financial assets and their hierarchies for 202 6 are the same as those used for preparing the consolidated financial statements for 2025. There were no transfers in the fair value measurement hierarchy levels during the reporting period. NOTE 10. EVENTS AFTER THE REPORTING PERIOD Final results of Suominen Corporation’s oversubscribed rights issue Suominen’s Board of Directors approved the subscriptions made in the offering on July, 2026 and allocated the new shares to be issued, in accordance with the terms and conditions of the o ffering. As a result of the offering, the total number of shares in Suominen increased by 77,121,272 from 58,259,219 to 135,380,491. The new shares issued in the offering amounted to approximately 57.0 per cent of the issued shares in Suominen following the offering. The final results of Suominen Corporation’s rights issue show that a total of 81,504,500 subscriptions for new shares were made in the offering, corresponding to approximately 105.7 per cent of the 77,121,272 new shares offered in the offering, and the offering was thus oversubscribed. A total of 74,851,760 new shares were subscribed for with subscription rights, corresponding to approximately 97.1 per cent of the new shares. In addition, 2,269,512 new shares were allocated in accordance with the terms and conditions of the offering in the secondary subscription to subscribers who subscribed for new shares with subscription rights. The subscription price in the offering was EUR 0.36 per new share. Suominen receives gross proceeds of approximately EUR 28 million from the o ffering. New shares of Suominen Corporation registered with the trade register A total of 77,121,272 new shares subscribed for in the offering was registered with the Trade Register maintained by the Finnish Patent and Registration Office on July 3, 2026. Following the registration of the new shares, the total number of shares in Suominen is 135,380,491.
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41 (41) Notification of change in holdings according to chapter 9, section 10 of the Securities Market Act Suominen Corporation received a notification on July 9, 2026, referred to Chapter 9, Section 5 and 6 of the Securities Market Act, according to which the shareholding of Mandatum Life Insurance Company Ltd., controlled by Mandatum Plc., in Suominen Corporation has crossed the 5% flagging threshold. Mandatum Life Insurance Company Ltd., controlled by Mandatum Plc., now holds 5.01% of shares and voting rights with a total of 135,380,491 shares and voting rights. SUOMINEN CORPORATION Board of Directors For additional information, please contact: Charles Héaulmé, President & CEO, tel. +358 10 214 3268 Kimmo Raunio, CFO, tel. +358 10 214 3053 Suominen manufactures nonwovens as roll goods for wipes and other applications. Our vision is to be the frontrunner for nonwovens innovation and sustainability. The end products made of Suominen’s nonwovens are present in people’s daily life worldwide. Suominen’s net sales in 2025 were EUR 412,4 million and we have almost 700 professionals working in Europe and in the Americas. Suominen’s shares are listed on Nasdaq Helsinki. Read more at www.suominen.fi. Distribution: Nasdaq Helsinki Main media www.suominen.fi