ORTHEX CORPORATION: ANNOUNCEMENT OF A CHANGE IN SHAREHOLDING TO CHAPTER 9, SECTION 10 OF THE FINNISH SECURITIES MARKETS ACT

Orthex Corporation, Stock exchange release, 17 November 2021 at 10.00 a.m. EET

Orthex Corporation (“Orthex“ or the “Company”) has today, on 17 November 2021, received a notification in accordance with Chapter 9, Section 10 of the Finnish Securities Market Act from Sponsor Partners Oy (“Sponsor“), according to which Sponsor has sold a total number of 2,057,725 of the Company’s shares in an accelerated book-building process (the “Share sale”). In connection with the Share sale, Sponsor’s total holding of the shares and votes of the Company has fallen below five (5) per cent.

Total positions of Sponsor in the Company according to the notification:

	% of shares and voting rights	% of shares and voting rights through financial instruments	Total of both in %	Total number of shares and voting rights in issuer
Resulting situation on the date which threshold was crossed or reached	0	0	0	17,758,854
Position of previous notification (if applicable)	11.59	0	11.59

Notified details of the resulting situation on the date on which the threshold was crossed:

A: Shares and voting rights

	Number of shares and voting rights		% of shares and voting rights
Class/type of shares	Direct(SMA 9:5)	Indirect(SMA 9:6 and 9:7)	Direct(SMA 9:5)	Indirect(SMA 9:6 and 9:7)
FI4000480504	0	0	0	0
SUBTOTAL A	0		0

Other information provided in the notification:

Information in relation to the person subject to the notification obligation:

Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity:

Name	% of shares and voting rights	% of shares and voting rights through financial instruments	Total number of shares and voting rights in issuer
Sponsor Capital Oy	0	0	0
Sponsor Partners Oy	0	0	0
Sponsor Fund IV Ky	0	0	0

Further enquiries

Alexander Rosenlew, CEO, Orthex Corporation                
Tel. +358 (0)40 500 3826
[email protected]

Saara Mäkelä, CFO, Orthex Corporation     
Tel. +358 (0)40 083 8782
[email protected]

Orthex in brief

Orthex is a leading Nordic houseware producer that strives to make consumers’ everyday life easier with its products that are presented under the consumer brands SmartStore™ in storage products, GastroMax™ in kitchenware and Orthex™ in home and plant care categories. Orthex aims to be the industry forerunner in sustainability.

Orthex’s net sales in 2020 was 75.9 million euros and operating profit 12.3 million euros. The company has customers in more than 40 countries and local sales offices in Finland, Sweden, Norway, Denmark, Germany, France, and the United Kingdom. Orthex is listed on the Nasdaq Helsinki stock exchange.