KH Group PlcStock Exchange Release28 January 2026 at 10:15 am EET Proposals of the Shareholders’ Nomination Board of KH Group Plc to the Annual General Meeting The Shareholders’ Nomination... Read More ...

Leadership Transition - Tuomas Myllynen has been appointed as the new CEO of KH-Koneet, effective from August 1, 2026, following the decision of long-standing CEO Teppo Sakari to step down and transition to a strategic advisor role [1][2] Executive Background - Myllynen has a significant background in executive roles, most recently serving as Managing Director of Cramo Finland, and holds an MSc from Tampere University of Technology [2] Company Vision - Myllynen expressed a clear vision for KH-Koneet, aiming to maintain its status as the most reliable partner for customers and to foster a collaborative workplace culture that values every employee's contribution [3] Company Overview - KH-Koneet is recognized as a leading provider of construction and earth-moving machinery in the Nordic countries, offering a wide range of machinery, equipment, and services for earthworks, property maintenance, and material handling [4] Corporate Structure - KH Group Plc, the parent company of KH-Koneet, operates in two business areas: construction and earth-moving machinery through KH-Koneet, and rescue vehicle manufacturing through Nordic Rescue Group. The company is listed on Nasdaq Helsinki [5]

Core Insights - KH Group Plc's preliminary results for 2025 indicate net sales of EUR 205 million and a comparable operating profit of EUR 6.4 million, surpassing previous guidance [2][3] - The company had previously estimated net sales between EUR 190–200 million and comparable operating profit between EUR 5–6 million [3] Group Performance - Both Nordic Rescue Group and KH-Koneet exceeded expectations in the last quarter of 2025, contributing to the overall positive results [2] - Nordic Rescue Group reported higher-than-expected operating profit in its Swedish operations and exceeded production plans in Finland, boosting net sales and operating profit [2] - KH-Koneet successfully increased machine sales and improved the profitability of its machinery rental business towards the end of the year [2] Future Outlook - KH Group is scheduled to publish its Financial Statements Release for 2025 on March 20, 2026 [3] - The company operates in two business areas: KH-Koneet, which supplies construction and earth-moving machinery, and Nordic Rescue Group, a manufacturer of rescue vehicles [3]

Core Viewpoint - The Shareholders' Nomination Board of KH Group Plc has submitted its proposals for the composition of the Board of Directors for the upcoming Annual General Meeting scheduled for May 5, 2026, with a focus on maintaining experienced leadership while addressing gender representation concerns [1][6]. Board Composition - The Nomination Board proposes a total of five members for the Board of Directors [2]. - Current members Juha Karttunen, Christoffer Landtman, Jari Rautjärvi, and Jon Unnérus are recommended for re-election, while Maija Jokela is proposed as a new member, with terms ending at the 2027 Annual General Meeting [3]. - Taru Narvanmaa will not be available for re-election [3]. - All nominees have consented to their election and are considered independent of the company and significant shareholders [4]. Gender Representation - The proposed Board composition includes only one woman among the five members, which deviates from the Corporate Governance Code's recommendations for balanced gender representation [6]. Expertise and Recruitment - The Nomination Board has identified key areas of expertise necessary for Board work and based the recruitment of the new member on these defined competence areas [7]. Remuneration - The proposed annual remuneration is EUR 50,000 for the Chair and EUR 30,000 for other Board members, with additional meeting fees for the Audit Committee [8]. - Travel expenses for Board members will be compensated according to the company's travel policy [9]. Nomination Board Charter - The Nomination Board proposes an amendment to its Charter, requiring that proposals for the Annual General Meeting be published no later than six weeks prior to the meeting [11]. Composition of the Nomination Board - The Nomination Board consists of representatives from the largest shareholders and the Chairman of the Board of Directors, with specific members listed [12]. Company Overview - KH Group Plc operates in sustainable construction and critical societal functions, with two main business areas: construction machinery and rescue vehicle manufacturing [13].

Core Viewpoint - KH Group Plc's CEO Carl Haglund executed a share acquisition on January 12, 2026, signaling confidence in the company's future performance [1]. Group 1: Transaction Details - The transaction involved the acquisition of shares, with a total volume of 47,000 shares at a volume-weighted average price of 0.45381 EUR [2]. - Specific transactions included various volumes and unit prices, with the highest recorded unit price being 0.456 EUR and the lowest at 0.447 EUR [3]. Group 2: Company Overview - KH Group Plc operates in two main business areas: KH-Koneet, which supplies construction and earth-moving machinery, and Nordic Rescue Group, a manufacturer of rescue vehicles [2]. - The company is listed on Nasdaq Helsinki, indicating its presence in the Nordic market and commitment to sustainable construction and critical societal functions [2].

Group 1 - KH Group Plc's board member Juha Karttunen made multiple share acquisitions on December 22, 2025, totaling 150,000 shares at a volume-weighted average price of 0.40320 EUR [1][3] - The transactions included various volumes and prices, with the highest single transaction being 20,000 shares at 0.4 EUR [1] - The company operates in two main business areas: construction and earth-moving machinery through KH-Koneet, and rescue vehicle manufacturing via Nordic Rescue Group [3] Group 2 - KH Group Plc is listed on Nasdaq Helsinki, indicating its presence in the Nordic financial market [3] - The company supports sustainable construction and critical societal functions, highlighting its commitment to sustainability [3]

Financial Reporting Schedule - KH Group Plc will publish its financial reports in 2026, with all reports available in Finnish and English around 8 o'clock on the company's website immediately after publication [1] - The financial reporting schedule includes the Financial Statements Release for 2025 on March 20, 2026, the Annual Report for 2025 in week 13, the Interim Report for January-March 2026 on May 5, 2026, the Half-Year Report for January-June 2026 on August 14, 2026, and the Interim Report for January-September 2026 on October 30, 2026 [3] Annual General Meeting - The Annual General Meeting of KH Group is scheduled for May 5, 2026, with the Board of Directors to issue an invitation at a later date [2] Company Overview - KH Group Plc operates in two business areas: KH-Koneet, which supplies construction and earth-moving machinery, and Nordic Rescue Group, a manufacturer of rescue vehicles [2] - The company is listed on Nasdaq Helsinki and focuses on supporting sustainable construction and critical societal functions [2]

Core Viewpoint - KH Group Plc has successfully sold its 58.3% stake in Indoor Group, achieving its strategic goal to exit this investment in 2025, while also establishing financing arrangements related to the sale [1][2][5]. Group 1: Transaction Details - The transaction involved a nominal purchase price for the shares sold to a company controlled by Indoor Group's CEO, Kati Kivimäki [1][2]. - Indoor Group has been valued at an enterprise value of EUR 26 million, factoring in its interest-bearing net debt, excluding lease liabilities [2]. - KH Group repaid EUR 2.0 million of Indoor Group's debt to the financing bank and forgave receivables totaling EUR 3.5 million, which included a prior write-down of EUR 2.4 million [2]. Group 2: Financial Impact - KH Group will incur a total loss of EUR 3.3 million in its financial results for 2025 after accounting for transaction-related costs [4]. - The transaction does not affect KH Group's profit guidance for 2025 regarding its continuing operations [4]. Group 3: Strategic Implications - The sale allows KH Group to focus on its core businesses, specifically in earth-moving machinery and rescue vehicles, thereby opening new opportunities for development [5]. - The company's negotiating position for future financing has significantly improved, enabling better resource allocation towards core business development [6]. - Indoor Group's operational continuity is expected to be supported by its new ownership structure, with the CEO being a significant stakeholder [6].

Core Insights - KH Group's net sales increased in the first three quarters of 2025, but operating profit decreased year-on-year [4][8] - The company is focusing on long-term financing and the sale process of Indoor Group, while revising its strategy regarding Nordic Rescue Group [3][12] Financial Performance - For the July–September 2025 period, net sales from continuing operations were EUR 45.3 million, up from EUR 39.7 million, while comparable operating profit decreased to EUR 1.2 million from EUR 1.4 million [8] - For the January–September 2025 period, net sales reached EUR 141.3 million, an increase from EUR 132.3 million, with comparable operating profit declining to EUR 2.2 million from EUR 3.8 million [8] - The updated guidance for 2025 estimates net sales of EUR 190–200 million and comparable operating profit of EUR 5–6 million [4][14] Business Segments - KH-Koneet's net sales increased, but operating profit decreased, with growth in the machine dealership and rental business in Finland, while Sweden's machine rental business performed well [4] - Nordic Rescue Group experienced an increase in both net sales and operating profit in the third quarter, with a favorable order book outlook for 2026 and 2027 [5] Strategic Developments - The company has decided to no longer actively seek a new owner for Nordic Rescue Group, focusing instead on its development within the Group structure [3][12] - The ongoing sale process for Indoor Group is expected to be completed by the end of 2025, with a financial advisor engaged to explore options [7][12] Leadership Changes - A new CEO for KH-Koneet is being recruited following the decision of the long-standing CEO, Teppo Sakari, to step down in the first half of 2026 [6]

Group 1 - The Shareholders' Nomination Board of KH Group Plc has been appointed according to the Charter approved by the Annual General Meeting on 11 May 2022 [1][2] - The Nomination Board consists of three representatives from the largest shareholders and the Chairman of the Board of Directors [1][2] - Simon Hallqvist has been elected as the Chairman of the Nomination Board during its organizing meeting on 8 October 2025 [1][3] Group 2 - The primary role of the Nomination Board is to prepare and present proposals regarding the composition and remuneration of the Board of Directors for the Annual General Meeting [2] - Proposals must be delivered to the Company's Board of Directors by the last day of January preceding the Annual General Meeting [2] - KH Group Plc operates in various sectors including construction equipment, rescue vehicles, and interior decoration retail [2]