Outokumpu Oyj: Share rewards from Outokumpu's share-based incentive programs

Share rewards from Outokumpu's share-based incentive programs

Outokumpu's Board of Directors has approved the outcomes of the company's share-based incentive programs: the Performance Share Plan (PSP) and the Restricted Share Pool (RSP).

For the 2023-2025 Performance Share Plan period, the performance targets were not achieved (0% achievement). As a result, no shares will be awarded to PSP participants in February 2026.

In the Restricted Share Pool, the participants will receive 51,102 gross shares of the plan period 2023-2025 (third and last installment), 161,083 gross shares of the plan period 2024-2026 (second installment) and 74,201 gross shares of the plan period 2025-2027 (first installment). A total number of 286,386 gross shares will be delivered to the participants of the Restricted Share Pool in February 2026.

Outokumpu will use its treasury shares for the reward payments, which means that the total number of shares of the company will not change. Upon delivery, applicable taxes will be deducted from gross shares, and the remaining net value will be paid to the participants in Outokumpu shares.

More information on share-based programs and their terms is available at: www.outokumpu.com/en/share-based-incentive-programs.

For more information:

Investors: Johan Lindh, VP - Investor Relations, tel.+358 40 837 3994

Media: Päivi Allenius, SVP - Communications and Public Affairs, tel. +358 40 753 7374, or Outokumpu media desk, tel. +358 40 351 9840

Outokumpu Corporation