REG-Sampo plc to convert Swedish Depositary Receipts for direct listing of its A Share on Nasdaq Stockholm

Sampo OyjAnnouncement

05/11/2025 09:30

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Sampo plc, stock exchange release, 5 November 2025 at 11:30 am EET

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Sampo plc to convert Swedish Depositary Receipts for direct listing of its A
Share on Nasdaq Stockholm

Sampo plc ("Sampo" or the “Company”) announces that it will request the
termination of its Swedish Depositary Receipt ("SDR") arrangement for the
Sampo A share (the “A Share”) on Nasdaq Stockholm and will submit an
application for its A Shares to be admitted to trading on Nasdaq Stockholm
(the "Listing”). All issued and outstanding SDRs will be delisted and
converted into A Shares in connection with the Listing, in accordance with the
terms and conditions of the SDRs.

The Sampo A share has since 22 November 2022 been listed on Nasdaq Stockholm
through SDRs, with Svenska Enskilda Banken AB (publ) (“SEB”) as the issuer
of the SDRs and as a market maker and liquidity provider. Earlier this year,
Euroclear Sweden decided to reopen its so-called CSD-links to new foreign
issuers from certain jurisdictions effective as of September 2025, including
from Finland, which were not available at the time of the establishment of the
SDR arrangement. This policy change by Euroclear Sweden has now made it
possible for Sampo to pursue a direct listing of the A share on Nasdaq
Stockholm, instead of maintaining the current SDR arrangement with SEB, to
create a uniform Nordic listing structure consistent with its listings on
Nasdaq Helsinki and Nasdaq Copenhagen.

The advantages for Sampo and its shareholders, similarly to the listings on
Nasdaq Helsinki and Nasdaq Copenhagen, include increasing the maximum
available liquidity pool in the Swedish market to cover all issued A Shares, a
smaller tick size on Nasdaq Stockholm in comparison to the one applicable for
the SDRs, and the possibility for current SDR holders to exercise shareholder
rights without the involvement of SEB as an intermediary. Sampo’s Board of
Directors has therefore resolved to request the termination of the SDR
arrangement with SEB and to consequently carry out the Listing.

A formal termination notice in accordance with the terms and conditions of the
SDRs will be published in Svenska Dagbladet on or about 6 November 2025.

The application to delist the SDRs from Nasdaq Stockholm is planned to be
submitted in February 2026 and the application for the admission to trading of
the A Share on Nasdaq Stockholm will be submitted concurrently.

Sampo has today published an exemption document and Q&A materials to provide
information about the SDR conversion process and the Listing. The exemption
document can be obtained at www.sampo.com/duallisting and the Q&A can be found
at www.sampo.com/irblog.

Important dates

 On or about 13 February 2026                                                                                       Last day of trading in the SDRs on Nasdaq Stockholm       
 On or about 16 February 2026 (trades carried out on the first day of trading will be settled with a T+3 schedule)  First day of trading in the A Shares on Nasdaq Stockholm  
 On or about 17 February 2026                                                                                       Record date for SDR conversion                            
 On or about 19 February 2026                                                                                       Delivery of A Shares to SDR holders                       

Sampo reserves the right to amend the dates, if necessary. A notice of any
such amendment will be announced by Sampo by means of a stock exchange
release.

SAMPO PLC 
Board of Directors

For further information, please contact:

Sami Taipalus
Head of Investor Relations
tel. +358 10 516 0030

Distribution:
Nasdaq Helsinki
Nasdaq Stockholm
Nasdaq Copenhagen
London Stock Exchange
FIN-FSA 
The principal media 
www.sampo.com

IMPORTANT INFORMATION

None of the information contained herein constitute an offer to sell, or the
solicitation of an offer to buy or acquire, any shares, SDRs, rights or other
securities of Sampo in any jurisdiction whatsoever, including but not limited
to, Finland, Sweden, and other member states of the European Economic Area.
The information contained herein has been furnished solely for the purpose of
communicating about the termination of the SDR arrangement and the concurrent
Listing.

The information contained herein is not an offer for sale of securities in the
United States. The shares, SDRs, rights or other securities of Sampo referred
to have not been and will not be registered under the U.S. Securities Act of
1933, as amended, and may not be offered or sold in the United States absent
registration or an applicable exemption from registration thereunder.

The information contained herein is not intended for, and must not be accessed
by, or distributed or disseminated to, persons resident or physically present
in the United States, Australia, Canada, Hong Kong, Japan, New Zealand,
Singapore, South Africa or Switzerland, and do not constitute an offer to sell
or the solicitation of an offer to buy or acquire, any shares, SDRs, rights or
other securities of the Sampo in the United States, Australia, Canada, Hong
Kong, Japan, New Zealand, Singapore, South Africa or Switzerland or any other
country in which it would be contrary to the laws and regulations of that
country