0MPF Boreo Oyj

Boreo Plc – Managers’ transactions – Jouni Grönroos

Boreo Plc                           Managers’ Transactions                             17 May 2023 at 17:00 EET

Person subject to the notification requirement

Name: Jouni Grönroos

Position: Member of the Board/Deputy member

Issuer: Boreo Oyj

LEI: 743700OD4QRWKZ4ODC98

Notification type: INITIAL NOTIFICATION

Reference number: 31985/5/4

____________________________________________

Transaction date: 2023-05-17

Outside a trading venue

Instrument type: SHARE

ISIN: FI0009900724

Nature of transaction: RECEIPT OF A SHARE-BASED INCENTIVE

Transaction details

(1): Volume: 245 Unit price: 0 EUR

Aggregated transactions (1):

Volume: 245 Volume weighted average price: 0 EUR

Further information:

Aku Rumpunen CFO mobile +358 40 556 3546

Distribution: NASDAQ Helsinki Ltd Principal media

www.boreo.com

Boreo in brief:

Boreo is a company listed on Nasdaq Helsinki that creates value by owning, acquiring and developing small and medium sized companies in Northern Europe. Boreo's business operations are organized into three business areas: Electronics, Technical Trade and Heavy Machines.

Boreo’s main objective is to create shareholder value in the long-term. It aims to achieve this with an acquisition-driven strategy, creating optimal conditions for its businesses to increase sales and improve profitability, and by being a best-in-class home for its companies and personnel. ​

The Group's net sales in 2022 were EUR 160 million and it employs over 300 people in seven countries. The company’s headquarter is in Vantaa.

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