Lassila & Tikanoja plc has decided to complete the partial demerger of Lassila & Tikanoja; trading in New Lassila & Tikanoja’s shares is expected to commence on 2 January 2026

Core Points - Lassila & Tikanoja plc has completed a partial demerger, with trading in New Lassila & Tikanoja's shares expected to start on 2 January 2026 [1][4] - The demerger involves transferring all assets, debts, and liabilities related to the circular economy business to New Lassila & Tikanoja, while the existing company will be renamed Luotea Plc [1][2] - Shareholders will receive one new share in New Lassila & Tikanoja for each share they own in Lassila & Tikanoja, totaling approximately 38,211,724 shares to be issued [2][3] Company Structure Changes - The share capital of Lassila & Tikanoja will decrease from EUR 19,399,437.00 to EUR 1,000,000.00 as part of the demerger [5] - The new ISIN code for shares in New Lassila & Tikanoja will be FI4000592472, while Luotea Plc will have the ISIN code FI4000592464 [4] Trading and Settlement - Trades in Lassila & Tikanoja shares made on 30 December 2025 will entitle investors to receive shares in both Luotea and New Lassila & Tikanoja at settlement [3] - The listing application for New Lassila & Tikanoja has been filed with Nasdaq Helsinki, and trading is set to commence under the code "LASTIK" [4]