Sampo has applied for Mandatum to be listed on Nasdaq Helsinki

Sampo plc     Stock exchange release      15 September 2023 at 6:00 pm 

Sampo has applied for Mandatum to be listed on Nasdaq Helsinki

NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SOUTH AFRICA OR SINGAPORE OR ANY OTHER JURISDICTION IN WHICH PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

Sampo has today applied for the shares in Mandatum plc to be admitted to trading on the official list of Nasdaq Helsinki Ltd. Subject to the approval of the application, trading in Mandatum's shares is expected to commence on the official list on 2 October 2023 under the trading code MANTA.

The Annual General Meeting of Sampo plc, held on 17 May 2023, approved the Board’s proposal to separate Mandatum from Sampo Group through a partial demerger. In the demerger, all of the shares in Mandatum Holding Ltd and related assets and liabilities will transfer without a liquidation procedure to Mandatum plc. As demerger consideration, Sampo shareholders will receive one new share in Mandatum plc, the company to be incorporated in the demerger on the effective date of the demerger, which is expected to be 1 October 2023, for each existing series A or series B share in Sampo plc.

The Finnish-language demerger prospectus and its supplements are available, together with their unofficial English translations, at www.sampo.com/demerger.

For further information, please contact

Sami TaipalusHead of Investor Relationstel. +358 10 516 0030

Maria SilanderCommunications Manager, Media Relationstel. +358 10 516 0031

Distribution

Nasdaq HelsinkiNasdaq StockholmLondon Stock ExchangeThe principal mediaFIN-FSAwww.sampo.com

Important notice

This release is not an offer of securities for sale in the United States of America. The shares in Mandatum plc referred to herein have not been, and will not be, registered under the US Securities Act of 1933, as amended ("US Securities Act"), or with any regulatory authority of any state or other jurisdiction in the United States, and may only be offered, sold, exercised, transferred or delivered, directly or indirectly, in or into the United States pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the US Securities Act and in compliance with applicable state and other securities laws.

This release shall not be published or disseminated, in whole or in part, directly or indirectly, in Australia, Canada, Hongkong, Japan, New Zealand, South Africa or Singapore or any other country where publication or dissemination would be unlawful. This release is not an offer to sell or solicitation of an offer to buy securities in any such jurisdiction where such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction.

The shares in Mandatum plc have not been and will not be listed on a US securities exchange or quoted on any inter-dealer quotation system in the United States. Neither Sampo plc nor Mandatum plc intends to take any action to facilitate a market in Mandatum plc shares in the United States. Consequently, it is unlikely that an active trading market in the United States will develop for the Mandatum plc shares.

The Mandatum plc shares have not been approved or disapproved by the US Securities and Exchange Commission, any state securities commission or any other regulatory authority in the United States, nor have any of the foregoing authorities passed comment upon, or endorsed the merit of, the partial demerger or the accuracy or the adequacy of this release. Any representation to the contrary is a criminal offence in the United States.

This release does not constitute a prospectus for the purposes of the Prospectus Regulation. The expression "Prospectus Regulation" means Regulation (EU) 2017/1129 of the European Parliament and of the Council, as amended (in the case of the United Kingdom, as it forms part of domestic law of the United Kingdom by virtue of the European Union (Withdrawal) Act 2018). Any decision with respect to the partial demerger of Sampo plc should be made solely on the basis of information in the demerger prospectus prepared by Sampo plc and approved by the Finnish Financial Supervisory Authority as well as on an independent assessment of the information contained therein. Investors are directed to consult the demerger prospectus for more comprehensive information on Mandatum plc. Any approval and registration by the Finnish Financial Supervisory Authority of the prospectus shall not be considered as an endorsement of the securities admitted to trading on a regulated market. The prospectus is available on the website of Sampo plc at https://www.sampo.com/investors/partial-demerger.

This release includes "forward-looking statements" that are based on present plans, estimates, projections and expectations and are not guarantees of future performance. They are based on certain expectations and assumptions, which, even though they seem to be reasonable at present, may turn out to be incorrect. Shareholders should not rely on these forward-looking statements. Numerous factors may cause the actual results of operations or financial condition of Sampo plc or Mandatum plc to differ materially from those expressed or implied in the forward-looking statements. Neither Sampo plc, nor any of its affiliates, advisors or representatives or any other person undertakes any obligation to review or confirm or to release publicly any revisions to any forward-looking statements to reflect events that occur or circumstances that arise after the date of this release.

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