RNS Announcement

Change to the Board of Directors of Elenia Oy

Elenia Verkko Oyj €3,000,000,000 Multicurrency Programme for the Issuance of Bonds, unconditionally and irrevocably guaranteed by Elenia Oy, Elenia Holdings S.à r.l  and Elenia Investments S.à r.l.

The composition of the boards of directors of Elenia Oy has changed. Mr Miguel Antonanzas has ceased to be a member of the board of directors of Elenia Oy effective as of 21 June 2023. Mr Philip Swift has been appointed as a new member of the board of directors of Elenia Oy on 21 June 2023. Following the afore mentioned appointment Elenia Oy's board of directors consists of the following members:

Mr Timo Rajala (Chairman)

Mr Mark Braithwaite

Mr Eduard Fidler

Mr Tapani Liuhala

Mr Jorma Myllymäki

Ms Sirpa Ojala

Mr Michael Pfennig

Mr Philip Swift

For further information, please contact:

Mr Tommi Valento

Chief Financial Officer

Töölönkatu 4

FI-00100

Helsinki

Finland

TEL: +358 40 720 8951

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