UPM to spin off plywood business into newly formed WISA Group

• UPM will spin off its UPM Plywood business into newly formed WISA Group as part of a partial demerger.
• Assets and liabilities tied to, or primarily serving, UPM Plywood will transfer to WISA on implementation.
• Implementation is scheduled for Oct. 31, 2026.
• Trading in WISA shares on Nasdaq Helsinki is expected to start on Nov. 2, 2026, or soon after.

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. UPM-Kymmene Oyj published the original content used to generate this news brief via Cision (Ref. ID: 202609010300BITN____UKPR__FI_20260901-BIT-4616-0) on September 01, 2026, and is solely responsible for the information contained therein.