Core Points - Rapala VMC Corporation will transition to quarterly financial reporting starting in 2026 [1][2] - The company will implement a 30-day silent period prior to the release of its financial results [2] - The Financial Statements and Board of Directors' Report for 2025 will be published on April 8, 2026 [3] Financial Calendar - Financial Statement Release for 2025 is scheduled for March 11, 2026 [5] - Business Review for Q1 2026 will be published on May 13, 2026 [5] - Half-Year Financial Report for January-June 2026 is set for August 20, 2026 [5] - Business Review for Q3 2026 will be released on October 29, 2026 [5] Company Overview - Rapala VMC Group is the world's leading fishing tackle company with a significant distribution network [4] - The Group reported net sales of EUR 221 million in 2024 and employs approximately 1,400 people across 40 countries [4] - The company is listed on the Nasdaq Helsinki stock exchange since 1998 [4]

Core Viewpoint - Rapala VMC Corporation is redeeming its existing hybrid capital securities, reflecting a strategic financial decision to manage its capital structure effectively [3][4][5]. Group 1: Redemption of Capital Securities - Rapala VMC will redeem all outstanding Existing Capital Securities amounting to EUR 1,500,000, which is 5.00% of the initial nominal amount of EUR 30 million [4]. - The redemption will occur on December 12, 2025, at a price of 101% of the nominal amount plus any accrued interest [5]. - This redemption notice is irrevocable, and all redeemed securities will be cancelled [6]. Group 2: Company Overview - Rapala VMC Group is a leading global fishing tackle company with a significant distribution network [6]. - The company reported net sales of EUR 221 million in 2024 and employs approximately 1,400 people across 40 countries [6]. - The Group's brand portfolio includes well-known names such as Rapala, VMC, Sufix, and 13 Fishing, with manufacturing facilities located in Finland, France, Estonia, and the UK [6].

Core Viewpoint - Rapala VMC Corporation is redeeming its existing hybrid capital securities, reflecting a strategic financial decision to manage its capital structure effectively [3][4][5]. Group 1: Redemption of Capital Securities - Rapala VMC will redeem all outstanding Existing Capital Securities amounting to EUR 1,500,000, which is 5.00% of the initial nominal amount of EUR 30 million [4]. - The redemption will occur on December 12, 2025, at a price of 101% of the nominal amount plus any accrued interest [5]. - This redemption notice is irrevocable, and all redeemed securities will be cancelled [6]. Group 2: Company Overview - Rapala VMC Group is a leading global fishing tackle company with a significant distribution network [6]. - The company reported net sales of EUR 221 million in 2024 and employs approximately 1,400 people across 40 countries [6]. - The Group's brand portfolio includes well-known names such as Rapala, VMC, Sufix, and 13 Fishing, with manufacturing facilities located in Finland, France, Estonia, and the UK [6].

Core Viewpoint - Rapala VMC Corporation has successfully completed a tender offer for its existing hybrid capital securities, with a significant portion of the securities being tendered for purchase, indicating strong participation from holders [2][4][5]. Group 1: Tender Offer Details - The tender offer was initiated for holders of existing capital securities with a nominal amount of EUR 30 million, and the expiration deadline was set for November 24, 2025 [2][4]. - A total of EUR 28.5 million of the existing capital securities were validly tendered by holders for purchase [4]. - The purchase price for the existing capital securities is set at EUR 20,700 for every EUR 20,000 in principal amount, with accrued and unpaid interest to be paid on accepted securities [6]. Group 2: Shareholder Participation - Viellard Migeon Et Compagnie Sa, the largest shareholder of Rapala VMC, participated in the tender offer by tendering EUR 7.2 million of its holdings [7]. Group 3: Future Actions - Rapala VMC intends to utilize a clean-up call option if the adjusted nominal amount of the existing capital securities falls to 25% or less of the total issued amount, with a separate notice to be published around the settlement date [8]. - The settlement date for the tender offer is expected to be November 27, 2025, at which point all purchased securities will be cancelled [6]. Group 4: Company Overview - Rapala VMC is recognized as the world's leading fishing tackle company, with a diverse brand portfolio and a significant distribution network [10]. - The company reported net sales of EUR 221 million in 2024 and operates manufacturing facilities in multiple countries, employing approximately 1,400 people [10].

Core Viewpoint - Rapala VMC Corporation has issued hybrid capital securities amounting to EUR 25 million, with a fixed coupon interest of 9.000% per annum until November 27, 2028, after which a floating interest rate will apply [2][3][4]. Group 1: Capital Securities Details - The Capital Securities do not have a specified maturity date, allowing Rapala VMC to redeem them at their nominal amount on the Reset Date and subsequently on each interest payment date thereafter [2]. - The proceeds from the issuance will be used to refinance existing hybrid capital securities issued on November 29, 2023, with an initial nominal amount of EUR 30 million, as well as for general corporate purposes [6]. Group 2: Shareholder Participation - Viellard Migeon Et Compagnie Sa, Rapala VMC's largest shareholder, rolled over EUR 7.2 million of its existing holding into the new Capital Securities issue and subscribed for an additional EUR 3.1 million due to strong investor interest [3]. Group 3: Financial Position and Strategy - The issuance of Capital Securities reflects positive developments in Rapala VMC's performance and confirms the relevance of its strategic direction, as stated by the President and CEO [4]. - The Capital Securities are subordinated to other debt obligations and treated as equity in the company's consolidated financial statements under IFRS, without conferring shareholder rights or diluting current shareholders' holdings [5]. Group 4: Company Overview - Rapala VMC Group is a leading global fishing tackle company with net sales of EUR 221 million in 2024 and operates in approximately 40 countries, employing around 1,400 people [7].

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].

Core Insights - Rapala VMC Corporation has appointed Travis Tuma to the Global Management Team, effective immediately, highlighting the company's focus on strengthening its leadership in the U.S. market [1][3] - Tuma, who has been with Rapala VMC USA since 2006, will assume the role of President of Rapala VMC USA on January 1, 2026, as the current President transitions to a new role in Europe [2] - The company emphasizes Tuma's strong sales focus and deep knowledge of the U.S. market, which is crucial for the company's growth strategy [3] Company Overview - Rapala VMC Corporation is recognized as the world's leading fishing tackle company, with a significant distribution network and a strong market presence in fishing lures, treble hooks, and related tools [4] - The company reported net sales of EUR 221 million in 2024 and employs approximately 1,400 people across 40 countries [4] - The company's brand portfolio includes well-known brands such as Rapala, VMC, Sufix, 13 Fishing, and Okuma, reinforcing its position in the fishing tackle industry [4]

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]