EXCHANGE NOTICE 14 DECEMBER 2021 SHARES THE SHARES OF BOREO OYJ REMOVED FROM OBSERVATION SEGMENT The shares of Boreo Oyj were transferred to the observation segment on 18 August 2021 on the grounds of the rules of the exchange (Nordic Main Market Rulebook for Issuers of Shares, rule 4.1.1. article e). Boreo Oyj disclosed on 14 December 2021 at 09:00 EET that Boreo and Sievi Capital Oyj have agreed to terminate the combination agreement signed on 29 September 2021 as a result of Sievi Capital Oyj's shareholders' advance vote which indicates that Boreo and Sievi Capital's merger will not be supported by a qualified majority of shareholders in Sievi Capital's planned extraordinary shareholders' meeting. The grounds for transferring the share to the observation segment no longer exist. The purpose of the observation segment is to alert the market to special facts and circumstances or actions pertaining to the subject issuer or security. The observation segment is a subset of the Official List. Nasdaq Helsinki Oy, Surveillance, survo@nasdaq.com, +358 9 6166 7260
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