Kempower Corporation – Managers’ Transactions – Jouko Kemppi

Kempower Corporation, Company Release, 16.12.2021 at 16:00 EET Managers’ Transactions

KEMPOWER CORPORATION – MANAGERS’ TRANSACTIONS – Jouko Kemppi

Kempower Corporation – Managers’ Transactions – Jouko Kemppi

Person subject to the notification requirement

Name: Jouko Kemppi

Position: Other senior manager

Issuer: Kempower Corporation

LEI: 743700EIG9TDB5QNZS09

Notification type: INITIAL NOTIFICATION

Reference number: 743700EIG9TDB5QNZS09_20211213131436_34

Transaction date: 2021-12-13

Venue not applicable

Instrument type: SHARE

ISIN: FI4000513593

Nature of the transaction: SUBSCRIPTION

Transaction details

(1): Volume: 18,989 Unit price 5.74 EUR

Aggregated transactions

(1) Volume: 18,989 Volume weighted average price: 5.74 EUR

Contact

Jukka Kainulainen, CFO, Kempower

jukka.kainulainen@kempower.com

Tel. +358 29 0021900

Certified Adviser

Alexander Corporate Finance Oy

Tel. +358 50 520 4098

Kempower in Brief

Kempower is a Finnish electric vehicle (“EV”) fast charging equipment and solutions manufacturer and provider striving for rapid growth. Kempower is a subsidiary of Kemppi Group Oy and, therefore, part of the Kemppi Group Oy group, a Finnish family business founded in 1949. Kemppi Oy, another subsidiary of Kemppi Group Oy operating in more than 70 countries, is one of the technology leaders in the arc welding industry, and its consolidated revenue was approximately EUR 140 million in 2020. Kempower designs, manufactures and sells direct current fast charging devices, solutions and services for EVs, such as personal and commercial vehicles, mobile off highway machinery, and electric marine vessels and boats. Kempower offers a wide range of solutions to suit all EV fast charging needs – from public parking spaces to bus depots and end stops, for heavy duty commercial and other EVs as well as ports and charging of electric marine vessels and boats. The modular, scalable and flexible design of Kempower’s products, combined with the systems’ ability to handle several vehicles’ dynamic fast charging simultaneously, serves in particular customer groups that require or benefit from charging systems with multiple, high power charging devices. Kempower strives to enable a cleaner and smarter future by providing high quality charging solutions and its mission is to enable clean mobility by utilising the Kemppi Oy’s 70 years of experience in demanding conditions of electric power supply.