Raute Oyj: Raute Corporation's 10 largest registered shareholders after the combination of shares series and directed share issue

RAUTE Corporation, STOCK EXCHANGE RELEASE 11 April 2023 AT 10:00 EEST
RAUTE CORPORATION'S 10 LARGEST REGISTERED SHAREHOLDERS AFTER THE COMBINATION OF SHARES SERIES AND DIRECTED SHARE ISSUE
Raute Corporation (the "Company") announced on April 3, 2023 the registration of the combination of the Company's share classes and the amendment to the Articles of Association in the trade register maintained by the Finnish Patent and Registration Office and on April 5, 2023 the registration of the shares subscribed in the directed share issue of the Company in the trade register maintained by the Finnish Patent and Registration Office. As a result of the completion of the combination of the Company's share classes and the amendment to the Articles of Association as well as the registration of shares issued in the directed share issue, there have been changes in the Company's largest shareholders and the number of votes carried by the shares held by the largest shareholders.
The following table sets forth the ten (10) largest registered shareholders of the Company and their ownerships after combination of the share classes and the registration of the shares issued in the directed share issue based on the shareholders' register maintained by Euroclear Finland Oy as at April 6, 2023:
+-------------------+----------------+----------------------------+
|Shareholder        |Number of shares|Percent of shares and votes*|
+-------------------+----------------+----------------------------+
|Sundholm Göran     |630,209         |12.35                       |
|Wilhelm            |                |                            |
+-------------------+----------------+----------------------------+
|Laakkonen Mikko    |143,521         |2.81                        |
|Kalervo            |                |                            |
+-------------------+----------------+----------------------------+
|eQ Pohjoismaat     |115,000         |2.25                        |
|Pienyhtiö          |                |                            |
+-------------------+----------------+----------------------------+
|Suominen Pekka     |110,429         |2.16                        |
|Matias             |                |                            |
+-------------------+----------------+----------------------------+
|Mandatum Life      |108,120         |2.12                        |
|Insurance Company  |                |                            |
|Limited            |                |                            |
+-------------------+----------------+----------------------------+
|Stephen Industries |108,073         |2.12                        |
|Inc Oy             |                |                            |
+-------------------+----------------+----------------------------+
|Siivonen Osku Pekka|104,179         |2.04                        |
+-------------------+----------------+----------------------------+
|Kirmo Kaisa        |104,021         |2.04                        |
|Marketta           |                |                            |
+-------------------+----------------+----------------------------+
|Relander Pär-Gustaf|103,084         |2.02                        |
+-------------------+----------------+----------------------------+
|Suominen Tiina Sini|98,491          |1.93                        |
|-Maria             |                |                            |
+-------------------+----------------+----------------------------+
|10 largest         |1,625,127       |31.84                       |
|shareholders total |                |                            |
+-------------------+----------------+----------------------------+
|Other shareholders |3,477,106       |68.16                       |
+-------------------+----------------+----------------------------+
|Total              |5,102,233       |100.00                      |
+-------------------+----------------+----------------------------+
* The percentages are rounded numbers.
RAUTE CORPORATION
Mika Saariaho
President and CEO
FURTHER INFORMAION
Mika Saariaho, President and CEO, tel. +358 40 1549393
DISTRIBUTION:
Nasdaq Helsinki Ltd, principal media, www.raute.com
RAUTE IN BRIEF - MAKING WOOD MATTER 
Raute is the partner to future-proof the wood industry. Our technologies cover different production processes with supporting digital and analytics solutions for engineered wood products.  Additionally, we offer full-scale service concept ranging from spare parts to regular maintenance and modernizations. Our innovative hardware and software solutions are designed to support our customers' efficient consumption of natural resources. In mill-scale projects, Raute is a global market leader both in the plywood and LVL industries. Raute's head office and main production is located in Lahti, Finland. The company's other production plants are located in Kajaani, Finland, the Vancouver area of Canada, Changzhou, China, and in Pullman, WA, USA. Raute's net sales in 2022 were EUR 158.3 million. The Group's headcount at the end of 2022 was 778. More information about the company can be found at www.raute.com.