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Tecnotree Corporation Stock Exchange Release 17 March 2022 at 14:00 EET

The Board of Directors of Tecnotree Plc has on 24 February 2022 decided on a directed share issue for the purpose of reward payment of the incentive and commitment programs RSUP 2020-2022 and RSUP 2021-2023.

In the share issue, a total of 3,020,835 Tecnotree shares have on 17 March 2022 been issued and conveyed without consideration to the key persons participating in the plans.

The decision on the directed share issue is based on the authorization granted to the Board of Directors by the Annual General Meeting of Shareholders held on 15 May 2019.

Following the transfers, Tecnotree Plc holds 12,912,749 treasury shares.

Tecnotree Corporation