Notification of major holdings in accordance with Chapter 9, Section 10 of the Finnish Securities Markets Act

Innofactor Plc                Stock exchange release        November 15, 2024, at 22:00 (EEST)

Innofactor Plc has on November 15, 2024, received a notification from Onni Bidco under Chapter 9, Section 5 of the Finnish Securities Markets Act, according to which Onni Bidco Oy's direct holding in Innofactor's shares increased above the 90 percent threshold.

Total positions of Onni Bidco Oy according to the notification:

	% of shares and voting rights	% of shares and voting rights through financial instruments	Total of both in %	Total number of shares and voting rights of issuer
Resulting situation on the date on which threshold was crossed or reached	94.25	0	94.25	36,343,691
Positions of previous notification (if applicable)	83.35	0.41	83.76

Notified details of the resulting situation on the date on which the threshold was crossed or reached:

A: Shares and voting rights

Class / type of shares	Number of shares and voting rights		% of shares and voting rights
	Direct (SMA 9:5)	Indirect (SMA 9:6 and 9:7)	Direct (SMA 9:5)	Indirect (SMA 9:6 and 9:7)
Onni Bidco: Innofactor Plc share FI0009007637	34,253,326		94.25
Subtotal A	34,253,326		94.25

B: Financial instruments according to SMA 9:6a

Type of financial instrument	Expiration date	Exercise / Conversion period	Physical or cash settlement	Number of shares and voting rights	% of shares and voting rights
			Subtotal B

Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity:

Name	% of shares and voting rights	% of shares and voting rights through financial instruments	Total of both
Onni Topco Oy
Onni Midco Oy
Onni Bidco Oy	94.25	0	94.25

Further, according to Onni Bidco Oy's notification:

Onni Bidco Oy has acquired a total of 3,648,829 shares of Innofactor Plc through transactions made on November 15, 2024. Onni Bidco Oy and the broker who executed the share transactions have agreed that the shares purchased will be delivered with delayed settlement, with the settlement expected to occur by approximately November 22, 2024. Onni Bidco Oy's ownership corresponds to 94.25% of the shares and voting rights of Innofactor Plc. Onni Bidco Oy intends to commence redemption proceedings without undue delay in accordance with Chapter 18 of the Finnish Companies Act.

Espoo, November 15, 2024

INNOFACTOR PLC

Eija Theis, General Counsel

Additional information:
Eija Theis, General Counsel
Innofactor Plc
Tel. [phone]
[e-mail]

Distribution:
NASDAQ Helsinki
Main media
www.innofactor.com

Innofactor
Innofactor is the leading driver of the modern digital organization in the Nordic Countries for its about 1,000 customers in commercial and public sector. Innofactor has the widest solution offering and leading know-how in the Microsoft ecosystem in the Nordics. Innofactor has about 600 enthusiastic and motivated top specialists in Finland, Sweden, Denmark and Norway. The Innofactor Plc share is listed in the technology section of the main list of NASDAQ Helsinki Oy. www.innofactor.com #ModernDigitalOrganization #PeopleFirst #CreatingSmiles #BeTheRealYou