Panostaja Oyj’s investor relations policy

This document defines the guidelines, roles and responsibilities of Panostaja Oyj’s investor relations policy in the company. The instruction is intended as a general guideline for the corporation’s management, including the management of business areas, and for persons responsible for communications, and it is approved by the board of Panostaja Oyj.

Investor relations policy

The goal of Panostaja Oyj's investor relations activities is to give the financial market correct, sufficient and up-to-date information on Panostaja Oyj's strategy, activities, business environment and financial situation. The managing director coordinates the management of Panostaja Oyj's investor relations.

The goal is that the image that is formed of Panostaja Oyj as an investment target is as correct and truthful as possible. To reach this goal, Panostaja Oyj publishes three interim reports, a financial statement bulletin, stock exchange bulletins and other investor information if needed. The interim reports and the annual report are published both electronically and in paper versions. Panostaja Oyj's web pages at the address www.panostaja.fi function as an archive of up-to-date and historical information that affects the stock price

Additionally, the management of Panostaja Oyj regularly meets with representatives of the capital market, analysts and investors in Finland, and abroad if needed. The management of business areas may also attend these meetings in addition to the management of Panostaja Oyj.

Market outlook

Information on Panostaja Oyj’s and its business areas’ prospects are published in the financial statement bulletin, the annual report and the interim reports.

Market forecasts

Panostaja Oyj does not comment on or take responsibility for forecasts or expectations published by capital market parties.

Quiet period

Panostaja Oyj adheres to a two-week silent time before publishing the financial statement bulletin and the interim reports. These times are noted on the Company’s web pages. During other times, Panostaja Oyj gladly responds to possible questions or queries from analysts and investors.

Stock exchange bulletins

The company’s managing director is responsible for Panostaja Oyj’s stock exchange bulletins. The managing director is responsible for making sure that the company’s communications completely fulfil those requirements which the securities market law, the rules of the Helsinki Stock Exchange, and the authorities monitoring the company require from the communications of a publicly quoted company. Panostaja Oyj strives to adhere to other recommendations concerning the company’s communications, for example, a recommendation on giving information on the administrative and control systems of listed companies.

In its stock exchange communications, Panostaja adheres to the core of the law expressed in the stock exchange law chapter 2 section 7: “The issuer of the security which is being publicly traded must without unfounded delay publish and deliver to the relevant organiser of the public trade as information all such decisions and factors concerning the issuer and its activities, which can substantially and exceptionally affect the value of the said security.”

In addition, all appointment news concerning the management team of the company is sent as stock exchange bulletins. Likewise, news on those key person appointments (for example, concerning the managing directors of business areas), which can be seen to have an effect on the value or image of the company as an investment target, is also sent as stock exchange bulletins.

Panostaja communicates all company acquisitions, investments or divestments as bulletins adhering to the instructions given on communicating about company acquisitions.

The company does not comment, even on request, competitors or the individual actions of competitors, matters related to the owners or the ownership of the company or the stock exchange price level.

If in some context commenting is considered, the decision is the managing director’s.

The stock exchange bulletins and advertisements and press releases are published in Finnish and English. An English translation of the bulletin or advertisement is, however, published without delay at the latest the day following the release of the original bulletin.

The company publishes the annual report in Finnish and English.

Legal notices