Kati Nyman has been appointed as Executive Vice President and Corporate Chief of Staff at Elisa, starting March 1, 2025. She will oversee Communications, Sustainability, Public Affairs, Legal, Corporate Security, Facilities, and Assistant Services, reporting to CEO Topi Manner. Nyman joins from Bayer AG in Germany, where she was Vice President and Head of International Public Affairs. Sami Ylikortes will transition to Vice President and Head of Public Affairs, reporting to Nyman, and leave the Corporate Executive Board on March 1, 2025. Eliisa Tapio will leave the Corporate Executive Board and the company on the same date. CEO Topi Manner thanked Tapio for her contributions to Elisa.

Elisa Corporation's interim report for the third quarter of 2024 highlights continued solid earnings despite geopolitical uncertainties and a challenging macroeconomic environment. Revenue decreased by 2% to EUR 536 million, primarily due to acquisitions, disposals, and lower equipment sales, while EBITDA improved by 4% to EUR 206 million, driven by mobile service revenue and efficiency improvements. Earnings per share stood at EUR 0.63. Elisa's 5G network now covers all municipalities in Finland, reaching over 95% of the population. The company launched the Elisa Etuohjelma loyalty program, which has been well received. Internationally, Elisa expanded its digital services by acquiring the remaining share capital of sedApta Group, enhancing its industrial automation offerings. Elisa remains committed to securing Finland's cybersecurity and participated in a cyber exercise with the United States. The outlook for 2024 is cautious due to economic uncertainties, but full-year revenue and EBITDA are expected to be stable or slightly higher than in 2023. Capital expenditure is projected at 12-13% of revenue, with ongoing efforts to improve productivity and customer satisfaction through automation and data analytics.

Elisa will release its financial results statement, half-year financial report, and interim reports in 2024. The Annual General Meeting is scheduled for April 2, 2025. For more information, contact Vesa Sahivirta, IR Director, at +358 50 520 5555.

Elisa Corporation announced the composition of its Shareholders' Nomination Board, which is responsible for preparing proposals for the election and remuneration of the board of directors for the Annual General Meeting. The Nomination Board will elect a chair from among its members. Established in 2012 by the Annual General Meeting, the Nomination Board plays a key role in the governance of Elisa. For further information, contact Vesa Sahivirta, IR Director, at +358 50 520 5555. The announcement was distributed to Nasdaq Helsinki, Principal Media, and can be found on elisa.com.

Elisa Corporation's half-year financial report for 2024 highlights continued earnings growth and improved performance in the B2B segment despite geopolitical and macroeconomic challenges. Key financial results for the second quarter include a 2% revenue increase to EUR 541 million and a 4% rise in EBITDA to EUR 190 million, driven by mobile service revenue and efficiency improvements. Earnings per share stood at EUR 0.57. The company expanded its high-speed connection services, introduced standalone 5G to new subscriptions, and began building a fibre network using XGS-PON technology. Elisa also acquired fibre networks in Finland and completed the acquisition of Leanware Oy, boosting its industrial software business. Additionally, Elisa's Distributed Energy Storage solution was deployed using solar energy for the first time. The company was recognized as the world's 66th most sustainable company by Time Magazine and Statista. The outlook for 2024 anticipates stable or slightly higher revenue and comparable EBITDA compared to 2023, with capital expenditure expected to be 12-13% of revenue. Elisa aims to enhance productivity through automation and data analytics, improve customer satisfaction, and continue its transformation into a provider of innovative services.

Elisa Corporation has announced the appointment of Eveliina Dahl as Executive Vice President, People and Culture, and as a member of the Corporate Executive Board effective January 1, 2025. Dahl, who will report to CEO Topi Manner, joins Elisa from Fortum where she served as Executive Vice President, People and Procurement. She has extensive experience in human resources, procurement, and strategy. CEO Topi Manner expressed his enthusiasm for Dahl's appointment, highlighting her valuable experience in HR management in both Finnish and international contexts. The announcement was made by IR Director Vesa Sahivirta.