Outokumpu Oyj: Outokumpu - Announcement regarding change in holdings

Outokumpu - Announcement regarding change in holdings

Outokumpu Oyj (business identity code: 0215254-2) has on October 4, 2023 received a notification based on Chapter 9, Section 5 of the Finnish Securities Market Act. JPMorgan Chase & Co's total holding in the shares and voting rights of Outokumpu has fallen below 5% threshold and was below minimum threshold on October 3, 2023. Their earlier holding in the Outokumpu shares and voting rights was 5.78%.

Total direct and
indirect holdings
of JPMorgan Chase
& Co according to
the notification:
% of % of shares and Total of Total
shares and voting rights both number of
voting through financial in % (A + shares
rights instruments (total B) and voting
(total of B) rights of
of A) issuer

Resulting Below Below minimum Below 456,874,448
situation on the minimum threshold minimum
date on threshold threshold
which threshold
was crossed or
reached
Position of 2.17% 3.61% 5.78%
previous
notification
(if applicable)

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 Number of % of
shares shares shares
and and
voting voting
rights rights

Direct Indirect Direct Indirect
(SMA 9:5) (SMA 9:6 (SMA 9:5) (SMA 9:6 and
and 9:7) 9:7)
FI0009002422 Below Below
minimum minimum
threshold threshold
SUBTOTAL A Below Below
minimum minimum
threshold threshold

B: Financial
Instruments
according to
SMA 9:6a
Type of Expiration Exercise/Con Physical Number of % of shares
financial date ­version or cash shares and voting
instrument Period settlement and rights
voting
rights

Cash-settled 28/11/2023 28/11/2023 Cash Below Below minimum
Equity Swap minimum threshold
threshold
Cash-settled 04/01/2024 04/01/2024 Cash Below Below minimum
Equity Swap minimum threshold
threshold
Cash-settled 23/07/2024 23/07/2024 Cash Below Below minimum
Equity Swap minimum threshold
threshold
Cash-settled 19/09/2024 19/09/2024 Cash Below Below minimum
Equity Swap minimum threshold
threshold
Cash-settled 02/10/2024 02/10/2024 Cash Below Below minimum
Equity Swap minimum threshold
threshold
Cash-settled 30/10/2024 30/10/2024 Cash Below Below minimum
Equity Swap minimum threshold
threshold
Cash-settled 06/11/2024 06/11/2024 Cash Below Below minimum
Equity Swap minimum threshold
threshold
Cash-settled 19/11/2024 19/11/2024 Cash Below Below minimum
Equity Swap minimum threshold
threshold
Cash-settled 03/12/2024 03/12/2024 Cash Below Below minimum
Equity Swap minimum threshold
threshold
Cash-settled 17/11/2025 17/11/2025 Cash Below Below minimum
Equity Swap minimum threshold
threshold
Cash-settled 16/10/2026 16/10/2026 Cash Below Below minimum
Equity Swap minimum threshold
threshold
Cash-settled 30/05/2028 30/05/2028 Cash Below Below minimum
Equity Swap minimum threshold
threshold
Cash-settled 22/9/2028 22/9/2028 Cash Below Below minimum
Equity Swap minimum threshold
threshold
Cash-settled n/a n/a Cash Below Below minimum
Equity Swap minimum threshold
threshold
Convertible 09/07/2025 09/07/2025 Physical Below Below minimum
Bond minimum threshold
threshold
B TOTAL Below Below minimum
minimum threshold
threshold

Outokumpu has a total of 456,874,448 shares. Each share carries one vote. Outokumpu currently holds 23,041,290 treasury shares.

For more information:

Investors: Linda Häkkilä, Head of Investor Relations, tel. +358 40 071 9669

Media: Outokumpu media desk, tel. +358 40 351 9840