Change in Purmo Group Plc’s financial reporting in 2025

Purmo Group will change its financial reporting from quarterly to half-year reporting in 2025. Purmo Group Plc will publish its financial reports in 2025 as follows:

• 19 March 2025: Financial statements review 2024
• 17 July 2025: Half-year financial report 2025

Purmo Group Plc's Annual Report 2024 will be published by 29 April 2025 at the latest. The report includes the company's Financial Statements and the Board of Directors report, including the requirements from the European Corporate Sustainability Reporting Directive. In addition, the Annual Report includes the Corporate Governance Statement and the Remuneration Report.

All financial reports are published in English and Finnish and will be available at https://investors.purmogroup.com/ after the publication.

Purmo Group Plc’s Annual General Meeting is planned to be held on Wednesday, 21 May 2025.

Purmo Group Plc’s Board of Directors will convene the General Meeting at a later date. A shareholder is entitled to have considered by the General Meeting a matter falling within the remit of the General Meeting provided that the matter is presented in writing in time for it to be included in the notice convening the General Meeting. A request is considered as having been received in good time if the Board of Directors has been notified of such a request on Wednesday, 26 February 2025, at the latest. Such a request should be sent to the address: Purmo Group Plc, Board of Directors, P.O. Box 115, 00121 Helsinki, Finland.

Redemption proceedings and the delisting of Purmo Group’s shares

Project Grand Bidco holds more than 90 per cent of all the issued and outstanding shares in Purmo Group. Project Grand Bidco has commenced redemption proceedings in respect of Purmo Group’s minority shares by initiating arbitration proceedings to obtain ownership of all the issued and outstanding shares in Purmo Group.

On 5 December 2024, the Board of Directors of Purmo Group resolved to submit an application to Nasdaq Helsinki for the termination of public trading and the delisting of the Purmo Group shares. In the application, it was requested that the delisting in respect of the Purmo Group shares admitted to trading on the official list of Nasdaq Helsinki would become effective as soon as possible upon Project Grand Bidco having gained title to all the shares in Purmo Group in the pending redemption proceedings.

The financial reports will be published, and the Annual General Meeting will be held in case the delisting of Purmo Group’s shares from the official list of Nasdaq Helsinki will be delayed.

Further information:
Katariina Kataja, Head of Investor Relations, Purmo Group Plc
Tel. +358 40 527 1427

Distribution:
Nasdaq Helsinki Ltd
Principal media
investors.purmogroup.com

About Purmo Group:
Purmo Group is at the centre of the global sustainability journey by offering full solutions and sustainable ways of heating and cooling homes to mitigate global warming. We provide complete heating and cooling solutions to residential and non-residential buildings, including underfloor heating and cooling systems, a broad range of radiators, heat pumps, flow control and hydronic distribution systems, as well as smart products. Our mission is to be the global leader in sustainable indoor climate comfort solutions. Our approximately 2,760 employees operate in 23 countries, manufacturing and distributing top-quality products and solutions to our over 100,000 customers in more than 100 countries. Purmo Group’s shares are listed on Nasdaq Helsinki with the ticker symbol PURMO. More information: www.purmogroup.com.