Kesla Proposes Combining A and B Shares Into Single Share Class

• Kesla’s board proposes merging A and B share classes at an extraordinary general meeting on November 25, 2026.
• Each B share would convert into one A share, leaving all shares with equal rights and one vote each.
• B shareholders would receive one free A share per 10 B shares, capped at 81,500 new shares, compensating for lost voting power.
• The merger, related amendments to the articles of association and directed free share issue require approval as a single package.
• The board recommends approval; Spring Advisor’s fairness opinion found the merger and compensation financially fair to both share classes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kesla Oyj published the original content used to generate this news brief on October 21, 2026, and is solely responsible for the information contained therein.