Rapala VMC Corporation, Stock Exchange Release, November 24, 2025 at 08:30 p.m. EET NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SINGAPORE, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. Rapala VMC Corporation (“Rapala VMC”) announces today the final results of the invitation to the holders of its hybrid capital securities ( ...

Rapala VMC Corporation, Stock Exchange Release, November 19, 2025 at 09:15 p.m. EET NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SINGAPORE, SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. Rapala VMC Corporation (“Rapala VMC”) issues hybrid capital securities in the aggregate amount of EUR 25 million (the “Capital Securities”) ...

Core Viewpoint - Rapala VMC Corporation is planning to issue new euro-denominated hybrid capital securities amounting to up to EUR 25 million, while also inviting holders of existing hybrid capital securities to tender them for cash as part of a proactive debt management strategy [2][4][15]. Group 1: New Capital Securities - The new capital securities will be subordinated to existing debt obligations and treated as equity in the financial statements [3]. - The issuance is subject to market conditions and is intended to refinance existing capital securities and support general corporate purposes [2][15]. - The largest shareholder, Viellard Migeon Et Compagnie Sa, will roll over EUR 7.2 million of its existing holdings into the new capital securities [5]. Group 2: Tender Offer - The tender offer invites holders of existing capital securities, initially issued with a nominal amount of EUR 30 million, to tender their securities for cash [4]. - The purchase price for the existing capital securities is set at EUR 20,700 per EUR 20,000 in principal amount [12]. - The tender offer period is expected to expire on November 24, 2025, with settlement anticipated around November 27, 2025 [14]. Group 3: Refinancing and Financial Covenants - Rapala VMC has secured EUR 91.5 million in senior secured term and revolving facilities for refinancing existing loans and general corporate purposes [8]. - Completion of the new capital securities issuance and the tender offer is a precondition for the refinancing [9]. - Financial covenants related to leverage ratios and minimum liquidity will be regularly tested [10].

RAPALA VMC CORPORATION, Changes board/management/auditors, October 15, 2025 at 1:00 p.m. EEST Travis Tuma has been appointed as a member of the Global Management Team effective immediately. Tuma joined Rapala VMC USA with strong industry experience in 2006 as Sales Manager. He became member of the US Senior Leadership Team in 2022 as Vice President of Sales. He will take on the role of Rapala VMC USA President effective January 1st, 2026, as current President Marcus Twidale returns to Europe to take on a n ...

Financial Calendar - Rapala VMC Corporation will publish its financial statements and reports for 2025 on April 8, 2026 [1] - The company will observe a 30 calendar day silent period prior to the release of its financial reports [1] - The Financial Statement Release for 2025 is scheduled for March 11, 2026, and the Half Year Financial Report for January-June 2026 will be released on August 20, 2026 [3] Annual General Meeting - The Annual General Meeting is set for Thursday, April 29, 2026 [2] - The Board of Directors will convene the meeting separately [2] Company Overview - Rapala VMC Group is recognized as the world's leading fishing tackle company with the largest distribution network in the industry [2] - The Group is a global market leader in fishing lures, treble hooks, and fishing-related knives and tools [2] - Main manufacturing facilities are located in Finland, France, Estonia, and the UK [2] - The Group's brand portfolio includes prominent brands such as Rapala, VMC, Sufix, 13Fishing, and Okuma in Europe [2] - In 2024, the Group reported net sales of EUR 221 million and employs approximately 1,400 people across about 40 countries [2] - Rapala VMC Corporation has been listed and traded on the Nasdaq Helsinki stock exchange since 1998 [2]

Group 1 - Rapala VMC Corporation is a leading global fishing tackle company with a significant distribution network in the industry [3] - The company specializes in fishing lures, treble hooks, and fishing-related knives and tools, with a strong brand portfolio including Rapala, VMC, Sufix, 13Fishing, and Okuma [3] - In 2024, Rapala VMC Corporation reported net sales of EUR 221 million and employs approximately 1,400 people across 40 countries [3] Group 2 - On July 29, 2025, Viellard Migeon et Compagnie SA, closely associated with the company, acquired 370,028 shares at a unit price of EUR 1.31 on NASDAQ HELSINKI LTD [1] - The total volume of the transaction was 370,028 shares, with a volume-weighted average price of EUR 1.31 [1]

Group 1 - The Board of Directors of Rapala VMC Corporation has established a new share-based incentive plan aimed at aligning the interests of shareholders and key employees to enhance long-term company value [1] - The Performance Share Plan 2025–2029 includes three performance periods covering financial years 2025–2027, 2026–2028, and 2027–2029, with annual resolutions on performance period details [2] - The target group for the first performance period (2025–2027) consists of approximately 60 key employees, including the Management Team and CEO, with performance criteria based on Leverage, EBIT, and Total Shareholder Return [3] Group 2 - The maximum potential rewards for the 2025–2027 period correspond to 544,000 shares of Rapala VMC, with rewards paid partly in shares and partly in cash to cover taxes and social security contributions [4] - Management Team members must hold 50% of received shares until their total shareholding equals 50% of their annual base salary, while the CEO must hold 50% until their shareholding equals 100% of their annual base salary [5] Group 3 - Rapala VMC Corporation is a leading fishing tackle company with a significant distribution network, specializing in fishing lures, treble hooks, and related tools, with net sales of EUR 221 million in 2024 and approximately 1,400 employees across 40 countries [6]

Core Viewpoint - Sycamore Partners Management, L.P. has reported a decrease in its aggregate ownership in Rapala VMC Corporation, falling below the 10% threshold as of June 9, 2025 [1]. Group 1: Shareholder Notification - Cermak Road LLC's ownership in Rapala VMC Corporation is now at 9.66%, down from a previous 14.09% [2][3]. - The total number of shares held by Cermak Road LLC is 3,754,986 [3]. Group 2: Company Overview - Rapala VMC Corporation is a leading global fishing tackle company with a net sales of EUR 221 million in 2024 and employs approximately 1,400 people across 40 countries [5]. - The company has a strong brand portfolio, including well-known brands such as Rapala, VMC, Sufix, and 13Fishing, and has been listed on the Nasdaq Helsinki stock exchange since 1998 [5].

Core Points - The Annual General Meeting (AGM) of Rapala VMC Corporation adopted the financial statement for the financial year 2024 and discharged the Board of Directors, CEO, and deputy CEO from liability [1] - The AGM approved the Board's proposal to not pay any dividend for the financial year 2024 [2] - The Board of Directors consists of six members, with annual fees set at EUR 25,000 for each member and EUR 70,000 for the Chairman [3] Board and Auditor Decisions - Alexander Rosenlew was elected as Chairman of the Board, and Deloitte Ltd was appointed as the company's auditor, with Jenny Lindvall as the principal auditor [4] - Deloitte Ltd was also elected as the sustainability reporting assurer, with Jenny Lindvall serving as the principal sustainability reporting assurer [5] Share Issuance and Repurchase Authorizations - The AGM authorized the Board to issue a maximum of 3,900,000 shares, representing 10% of total shares, with specific provisions for management incentives [6] - The Board was also authorized to repurchase up to 2,000,000 shares, approximately 5.13% of total shares, for various strategic purposes [7] Company Overview - Rapala VMC Group is a leading fishing tackle company with net sales of EUR 221 million in 2024 and employs around 1,400 people across approximately 40 countries [9]