CHANGE IN HONKARAKENNE OYJ’S HOLDING OF TREASURY SHARES

HONKARAKENNE OYJ Stock Exchange Release 1 June 2020 at 1:00 p.m.

CHANGE IN HONKARAKENNE OYJ’S HOLDING OF TREASURY SHARES

Honkarakenne Oyj has assigned 15 000 Honkarakenne B-shares as a part of CEO’s performance-based incentive for year 2019.

The handover date for the shares was 1 June 2020. After the transfer, Honkarakenne group holds 349 385 of its own class B shares.

Honkarakenne Oyj

Board of Directors

Further information:

Marko Saarelainen, President and CEO, tel. [phone], [e-mail] or Leena Aalto, Vice President - Finance, CFO, tel. [phone], [e-mail]

DISTRIBUTION
NASDAQ OMX Helsinki
Key media
Financial Supervisory Authority
www.honka.com

Under its Honka brand, Honkarakenne manufactures high-quality, healthy and ecological detached houses, holiday homes and public buildings using Finnish solid wood. The company has delivered 85,000 buildings to more than 50 countries. House packages are made in Finland, the companys’s own factory is located in Karstula, Finland. In 2019, the Honkarakenne Group had net sales of MEUR 47.5, of which exports accounted for 34%. www.honka.com