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Regulatory press release

Announcement pursuant to the Securities Act, Chapter 9, Section 5: Ownership of Otava Oy in Alma Media Corporation

Alma Media
Read the release

Alma Media Corporation     Stock Exchange Release 20 June 2023 at 8.00 a.m.

ANNOUNCEMENT PURSUANT TO THE SECURITIES ACT, CHAPTER 9, SECTION 5: OWNERSHIP OF OTAVA OY IN ALMA MEDIA CORPORATION

Alma Media Corporation has received a notification on June 16, 2023, pursuant to Chapter 9, Section 5 of the Finnish Securities Markets Act, that Otava's holding of the shares and votes in Alma Media has exceeded the threshold of 30%.

Issuing company and its business ID: Alma Media Corporation, 1944757-4

Complete name and business ID of the shareholder: Otava Oy, 0822255-6

Basis of announcement: Acquisition or disposal of shares or voting rights

Date of transaction and exceeding the threshold: 15 June 2023

Total position of Otava subject to the notification:

% shares and Total number of shares
voting rights and voting rights of
issuer
Resulting situation on the date on 30.01% 82 383 182
which the threshold was crossed or
reached
Position of previous notification 29.04%

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

A: shares and
voting rights
Class/type of Number % of shares and voting rights
sharesISIN of
-code shares
and
voting
rights
FI0009013114 24 723 30.01%
705
A TOTAL 24 723 30.01%
705

ALMA MEDIA CORPORATION

Elina Kukkonen

SVP, Communications and Brand

Distribution: NASDAQ Helsinki, main media, www.almamedia.fi/en