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HLRE Holding Oyj

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HLRE Holding Plc: bulletin for Q4 and full year 1 February 2024 – 31 January 202524.3.2025 10:30:00 EET | HLRE Holding Oyj | Quarterly report

Comparison figures in brackets refer to the corresponding period previous year. Brief Look at November 2024 – January 2025 Q4 revenue increased by 16% to EUR 23,6 EUR million (EUR 20,3 Million). Q4 gross profit increased to EUR 8,1 million (EUR 7,4 Million). Q4 adjusted EBITDA was EUR -2,8 million (EUR -3,2 million). Q4 net cash from operating activities was EUR -1,5 million (EUR -6,2 Million). Brief Look at February 2024 – January 2025 Q1-Q4 revenue decreased by 5% to EUR 102,9 EUR million (EUR 108,2 Million). Q1-Q4 gross profit decreased to EUR 39,7 million (EUR 42,6 Million). Q1-Q4 adjusted EBITDA decreased to EUR 2,2 million (EUR 3,8 Million). Q1-Q4 net cash from operating activities was EUR 0,1 million (EUR 4,3 Million). HLRE HOLDING GROUP EUR Million Nov 24-Jan 25 Q4 Nov 23-Jan 24 Q4 Feb 24-Jan 25 Q1-Q4 Feb 23-Jan 24 Q1-Q4 Revenue 23,6 20,3 102,9 108,2 Gross profit 8,1 7,4 39,7 42,6 Gross margin,% 34,3 % 36,5 % 38,6 % 39,4 % Adjusted EBITDA -2,8 -3,2 2,2 3,8 EBIT -4,5 -10,9 -5,1

End of Change Negotiations at HLRE Holding Group Companies16.12.2024 08:45:01 EET | HLRE Holding Oyj | Other information disclosed according to the rules of the Exchange

The change negotiations concerning potential lay-offs of up to 90 days have concluded within the HLRE Holding Group companies (HLRE Group Ltd., Vesivek Ltd., Vesivek Salaojat Ltd. and Vesivek Tuotteet Ltd.). The negotiations involved all personnel of the aforementioned group companies, excluding the payroll function under HLRE Group Ltd. The background for the plans was the need to prepare for a decrease in volume due to seasonal fluctuations and to ensure financial profitability during the expected volume decline in Q4/Q1. During the change negotiations, the rationale, impacts, and potential alternatives to the planned measures were discussed in a spirit of cooperation. As a result of the negotiations, the companies may consider implementing lay-offs if work or the employer's ability to provide work temporarily diminishes due to reduced volumes caused by seasonal fluctuations and weakened financial profitability. Layoffs of up to 90 days may therefore apply to the entire personnel of

HLRE Holding Plc´s interim report 1 February - 31 October 202413.12.2024 10:00:02 EET | HLRE Holding Oyj | Interim report (Q1 and Q3)

Comparison figures in brackets refer to the corresponding period previous year. Brief Look at August - October 2024 Q3 revenue decreased by 5% to EUR 33,6 EUR million (EUR 35,4 Million). Q3 gross profit decreased to EUR 14,0 million (EUR 14,3 Million). Q3 adjusted EBITDA was EUR 3,6 million (EUR 4,8 million). Q3 net cash from operating activities was EUR 4,2 million (EUR 8,5 Million). Brief Look at February – October 2024 Q1-Q3 revenue decreased by 10% to EUR 79,3 EUR million (EUR 87,8 Million). Q1-Q3 gross profit decreased to EUR 31,6 million (EUR 35,2 Million). Q1-Q3 adjusted EBITDA was EUR 5,0 million (EUR 7,2 million). Q1-Q3 net cash from operating activities was EUR 1,6 million (EUR 10,5 Million). Key Figures HLRE HOLDING GROUP EUR Million Aug– Oct 24 Q3 Aug– Oct 23 Q3 Feb- Oct 24 Q1-Q3 Feb– Oct 23 Q1-Q3 Feb 23 – Jan 24 Q1-Q4 Revenue 33,6 35,4 79,3 87,8 108,2 Gross profit 14,0 14,3 31,6 35,2 42,6 Gross margin,% 41,6 % 40,4 % 39,8 % 40,1 % 39,4 % Adjusted EBITDA 3,6 4,8 5,0 7,2 3,8

Change negotiations, HLRE Holding Group20.11.2024 06:45:01 EET | HLRE Holding Oyj | Muut pörssin sääntöjen nojalla julkistettavat tiedot

HLRE Group Ltd, Vesivek Ltd, Vesivek Salaojat Ltd and Vesivek Tuotteet Ltd have initiated a process for change negotiations regarding potential temporary layoffs of less than 90 days. These negotiations are scheduled to take place on November 20th 2024 and will concern all employees of the group companies listed above. The payroll function within the HLRE Group Ltd. is excluded from these negotiations. The negotiations will officially commence on November 26th, 2024. The purpose of the change negotiations is to address plans for potential temporary adjustment measures and their possible personnel impacts. These measures are being considered in response to anticipated seasonal fluctuations that may result in a decline in volume, as well as to safeguard financial profitability during the Q4/Q1 financial periods. The negotiations will focus on the rationale for the proposed measures, their potential impacts, and possible alternative solutions. Group CEO Kimmo Riihimäki kimmo.riihimaki@ves

HLRE Holding Plc´s half-year financial report, 1 February -31 July 202411.9.2024 14:00:01 EEST | HLRE Holding Oyj | Half Year financial report

Comparison figures in brackets refer to the corresponding period previous year. Brief Look at May - July 2024 Q2 revenue decreased by 5% to EUR 25,1 EUR million (EUR 26,5 Million). Q2 gross profit decreased to EUR 9,1 million (EUR 11,1 Million). Q2 adjusted EBITDA was EUR 0,8 million (EUR 1,4 million). Q2 net cash from operating activities was EUR 0,5 million (EUR 0,6 Million). Brief Look at February – July 2024 H1 revenue decreased by 13% to EUR 45,7 EUR million (EUR 52,4 Million). H1 gross profit decreased to EUR 17,6 million (EUR 20,9 Million). H1 adjusted EBITDA was EUR 1,4 million (EUR 2,3 million). H1 net cash from operating activities was EUR -2,6 million (EUR 2,0 Million). HLRE HOLDING GROUP EUR Million May– July 24 Q2 May– July 23 Q2 Feb- July 24 Q1-Q2 Feb– July 23 Q1-Q2 Feb 23 – Jan 24 Q1-Q4 Revenue 25,1 26,5 45,7 52,4 108,2 Gross profit 9,1 11,1 17,6 20,9 42,6 Gross margin,% 36,2 % 41,9 % 38,5 % 39,9 % 39,4 % Adjusted EBITDA 0,8 1,4 1,4 2,3 3,8 EBIT -0,9 -0,6 -2,5 -2,4 -10,7

HLRE Holding Plc´s interim report 1 February - 30 April 202411.6.2024 10:00:00 EEST | HLRE Holding Oyj | Interim report (Q1 and Q3)

HLRE Holding Group Report 1 February – 30 April 2024 Comparison figures in brackets refer to the corresponding period previous year. Brief Look at February – April 2024 Q1 revenue decreased by 21% to EUR 20,5 EUR million (EUR 25,9 Million). Q1 gross profit decreased to EUR 8,5 million (EUR 9,8 Million). Q1 adjusted EBITDA was EUR 0,6 million (EUR 0,9 million). Q1 net cash from operating activities was EUR -3,1 million (EUR 1,4 Million). Key Figures HLRE HOLDING GROUP EUR Million Feb – April 24 Q1 Feb – April 23 Q1 Feb 23 – Jan 24 Q1-Q4 Revenue 20,5 25,9 108,5 Gross profit 8,5 9,8 42,6 Gross margin,% 41,5 % 37,8 % 39,3 % Adjusted EBITDA 0,6 0,9 3,8 EBIT -1,5 -1,9 -10,5 Net cash from operating activities -3,1 1,4 4,4 Company description HLRE Holding Group (commonly known as Vesivek Group) is a leading provider of roof and roof product renovations offered primarily to detached and row houses in Finland and Sweden under the brand name Vesivek. In addition to roof and roof product installat

HLRE Holding Plc´s annual report for the period 1 February 2023 - 31 January 2024 has been published21.5.2024 12:15:00 EEST | HLRE Holding Oyj | Financial Statement Release

HLRE Holding Plc´s annual report for the period 1 February 2023 - 31 January 2024 has today been published in English in PDF format on the company’s website; https://www.vesivek.fi/investors/annual-financial-reports/ The Annual Report contains Report of the Board of Directors and the Financial Statement 1 February 2023 - 31 January 2024. The Financial Statements includes Consolidated Financial Statement, HLRE Holding Plc’s Parent Company’s Statement, and the Auditor’s Report. The PDF file in English of the Annual Report is attached to this release. HLRE Holding Plc publishes the Consolidated Financial Statement also in accordance with European Single Electronic Format (ESEF) reporting requirements with the format of the report being Extensible Hypertext Markup Language (XHTML). In line with the ESEF requirements, the primary statements of the Consolidated Financial Statement have been labelled with XBRL tags. The Consolidated Financial Statement is available in XHTML format at: https:/

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HLRE Holding Oyj: bulletin for Q4 and full year 1 February 2023 – 31 January 202425.3.2024 16:30:00 EET | HLRE Holding Oyj | Quarterly report

HLRE Holding Group Bulletin for Q4 and full year 1 February 2023 – 31 January 2024 Comparison figures in brackets refer to the corresponding period previous year. Brief Look at November 2023 – January 2024 Q4 revenue decreased by 27% to EUR 20,6 EUR million (EUR 28,4 Million). Q4 gross profit decreased to EUR 7,4 million (EUR 10,9 Million). Q4 adjusted EBITDA decreased to EUR -3,2 million (EUR 0,2 million). Q4 net cash from operating activities was EUR -6,1 million (EUR -0,1 Million). Brief Look at February 2023 – January 2024 Q1-Q4 revenue decreased by 16% to EUR 108,5 EUR million (EUR 129,4 Million). Q1-Q4 gross profit decreased to EUR 42,6 million (EUR 52,3 Million). Q1-Q4 adjusted EBITDA decreased to EUR 3,8 million (EUR 10,8 million). Q1-Q4 net cash from operating activities was EUR 4,4 million (EUR 4,7 Million). HLRE HOLDING GROUP EUR Million Nov 23 – Jan 24 Q4 Nov 22 – Jan 23 Q4 Feb 23 – Jan 24 Q1-Q4 Feb 22 – Jan 23 Q1-Q4 Revenue 20,6 28,4 108,5 129,4 Gross profit 7,4 10,9 42,6

HLRE Holding Oyj – Approval of written procedure and amendments to the terms and conditions of the bonds8.3.2024 16:45:01 EET | HLRE Holding Oyj | Company Announcement

HLRE Holding Oyj (the "Company") today announces the successful completion of the written procedure that was initiated 1 March 2024 in relation to the Company's outstanding SEK 300,000,000 senior secured bond loan with ISIN SE0015530712 (the "Bonds"), regarding certain amendments to the terms and conditions of the Bonds (the "Proposal"). A sufficient number of bondholders participated in the written procedure in order to form a quorum, and a requisite majority of the bondholders voted in favour of approving the Proposal. The amendments will become effective when (i) the Company and the agent enters into an amendment and restatement agreement, amending and restating the terms and conditions of the Bonds substantially in the form set out in schedule 3 of the notice of written procedure, and (ii) certain conditions precedent documents and evidences have been received by the agent. Pareto Securities Oy has been retained as financial advisor in connection with the written procedure. For fur

HLRE Holding Oyj initiates a written procedure to request further amendments to the terms of its bonds1.3.2024 18:35:00 EET | HLRE Holding Oyj | Company Announcement

HLRE Holding Oyj initiates a written procedure to request further amendments to the terms of its bonds As announced by HLRE Holding Oyj (the "Company") on 5 February 2024, the Company successfully completed a written procedure that was initiated 30 January 2024 in relation to the Company's outstanding SEK 300,000,000 senior secured bond loan with ISIN SE0015530712 (the "Bonds"), regarding certain amendments to the terms and conditions of the Bonds (the "Proposal"). The amendments included i.a. a one-month extension of the maturity of the Bonds to 12 March 2024 in order to provide time to finalize updated documentation for a solution for the Company’s long-term financing. Today, the Company has instructed the agent for the Company's Bonds, Nordic Trustee & Agency AB (the “Agent”), to initiate a written procedure to request that bondholders vote in favour of further amendments to the terms and conditions of the Bonds (the “Written Procedure”) to achieve the aforementioned long-term finan

HLRE Holding Oyj – Approval of written procedure and amendments to the terms and conditions of the bonds5.2.2024 08:00:00 EET | HLRE Holding Oyj | Company Announcement

HLRE Holding Oyj (the "Company") today announces the successful completion of the written procedure that was initiated 30 January 2024 in relation to the Company's outstanding SEK 300,000,000 senior secured bond loan with ISIN SE0015530712 (the "Bonds"), regarding certain amendments to the terms and conditions of the Bonds (the "Proposal"). A sufficient number of bondholders participated in the written procedure in order to form a quorum, and a requisite majority of the bondholders voted in favour of approving the Proposal. The amendments will become effective when (i) the Company and the agent enters into an amendment and restatement agreement, amending and restating the terms and conditions of the Bonds substantially in the form set out in schedule 3 of the notice of written procedure, and (ii) certain conditions precedent documents and evidences have been received by the agent. Pareto Securities Oy has been retained as financial advisor in connection with the written procedure. For

HLRE Holding Oyj initiates a written procedure to request certain amendments to the terms of its bonds30.1.2024 18:20:16 EET | HLRE Holding Oyj | Company Announcement

HLRE Holding Oyj initiates a written procedure to request certain amendments to the terms of its bonds HLRE Holding Oyj (the "Company") has instructed the agent for the Company's senior secured bonds (ISIN SE0015530712) (the "Bonds"), Nordic Trustee & Agency AB (publ) (the “Agent”), to initiate a written procedure to request that bondholders vote in favour certain amendments to the terms and conditions of the Bonds (the “Written Procedure”). The largest holder of the Company’s bonds, holding approximately 66.67 per cent. of the outstanding nominal amount of the Bonds (the "Majority Holder"), has agreed to vote in favour of such amendments. During Q4 2023, the Company initiated discussions with the Majority Holder to find a long-term financing solution by amending certain provisions of the Terms and Conditions, including inter alia a three-year maturity extension. The discussions have successfully been concluded, and a solution has been agreed. The solution will be announced in due cour

HLRE Holding Plc´s interim report 1 February - 31 October 202322.12.2023 13:00:01 EET | HLRE Holding Oyj | Interim report (Q1 and Q3)

HLRE Holding Group Financial Report 1 February – 31 October 2023 Comparison figures in brackets refer to the corresponding period previous year. Brief Look at August – October 2023 Q3 revenue decreased by 12% to EUR 35,4 EUR million (EUR 40,3 Million). Q3 gross profit decreased to EUR 14,3 million (EUR 18,2 Million). Q3 adjusted EBITDA was EUR 4,9 million (EUR 6,9 million). Q3 net cash from operating activities was EUR 8,5 million (EUR 7,2 Million). Brief Look at February – October 2023 Q1-Q3 revenue decreased by 13% to EUR 87,8 EUR million (EUR 101,0 Million). Q1-Q3 gross profit decreased to EUR 41,4 million (EUR 52,3 Million). Q1-Q3 adjusted EBITDA was EUR 7,0 million (EUR 10,5 million). Q1-Q3 net cash from operating activities was EUR 10,5 million (EUR 5,0 Million). Key Figures HLRE HOLDING GROUP EUR Million Aug-Oct 23 Q3 Aug-Oct 22 Q3 Feb-Oct 23 Q1-Q3 Feb-Oct 22 Q1-Q3 Feb 22-Jan 23 Q1-Q4 Revenue 35,4 40,3 87,8 101,0 129,4 Gross profit 14,3 18,2 35,2 41,4 52,3 Gross margin,% 40,4 %

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HLRE Holding Plc´s half-year financial report, 1 February -31 July 20234.9.2023 14:00:00 EEST | HLRE Holding Oyj | Half Year financial report

HLRE Holding Group Half-Year Financial Report 1 February – 31 July 2023 Comparison figures in brackets refer to the corresponding period previous year. Brief Look at May – July 2023 Q2 revenue decreased by 19% to EUR 26,5 EUR million (EUR 32,8 Million). Q2 gross profit decreased to EUR 11,1 million (EUR 11,9 Million). Q2 adjusted EBITDA was EUR 1,4 million (EUR 1,7 million). Q2 net cash from operating activities was EUR 0,6 million (EUR -0,2 Million). Brief Look at February – July 2023 H1 revenue decreased by 14% to EUR 52,4 EUR million (EUR 60,7 Million). H1 gross profit decreased to EUR 20,9 million (EUR 23,2 Million). H1 adjusted EBITDA was EUR 2,3 million (EUR 3,6 million). H1 net cash from operating activities was EUR 2,0 million (EUR -2,2 Million). HLRE HOLDING GROUP EUR Million May-Jul 23 Q2 May-Jul 22 Q2 Feb-Jul 23 Q1-Q2 Feb-Jul 22 Q1-Q2 Feb 22-Jan23 Q1-Q4 Revenue 26,5 32,8 52,4 60,7 129,4 Gross profit 11,1 11,9 20,9 23,2 52,3 Gross margin,% 41,9 % 36,3 % 39,9 % 38,2 % 40,4 % A

HLRE Holding Plc's change negotiations of HLRE Group Ltd and Vesivek Ltd salaried employees concluded12.6.2023 15:12:12 EEST | HLRE Holding Oyj | Company Announcement

The change negotiations announced on 10th of May concerning HLRE Group Ltd and Vesivek Ltd salaried employees concluded. The decisions that were made based on the negotiations led to the dismissal of 5 people and the lay-offs of 18 people. HLRE Holding Plc. The HLRE Holding Group (commonly referred to as the Vesivek Group in customer and marketing communications) is a company focusing on roof and drainage renovation of single-family and terraced homes and the product development, manufacture, sales and installations of rainwater management systems and roof safety products. The Group operates in Finland and Sweden under the Vesivek brand.

HLRE Holding Plc´s interim report 1 February - 30 April 20238.6.2023 14:00:00 EEST | HLRE Holding Oyj | Interim report (Q1 and Q3)

HLRE Holding Group Report 1 February 2023 – 30 April 2023 Comparison figures in brackets refer to the corresponding period previous year. Brief Look at February 2023 – April 2023 Q1 revenue decreased by 7% to EUR 25,9 EUR million (EUR 27,9 Million). Q1 gross profit decreased to EUR 9,8 million (EUR 11,3 Million). Q4 adjusted EBITDA was EUR 0,9 million (EUR 1,9 million). Q4 net cash from operating activities was EUR 1,4 million (EUR -2,0 Million). Key Figures HLRE HOLDING GROUP EUR Million Feb 23 –Apr 23 Q1 Feb 22 –Apr 22 Q1 Feb 22 – Jan 23 Q1-Q4 Revenue 25,9 27,9 129,4 Gross profit 9,8 11,3 52,3 Gross margin,% 37,8 % 40,5 % 40,4 % Adjusted EBITDA 0,9 1,9 10,8 EBIT -1,9 -0,5 2,5 Net cash from operating activities 1,4 -2,0 4,7 Company description HLRE Holding Group (commonly known as Vesivek Group) is a leading provider of roof and roof product renovations offered primarily to detached and row houses in Finland and Sweden under the brand name Vesivek. In addition to roof and roof product

HLRE Holding Plc; change negotiations of HLRE Group Ltd and Vesivek Ltd salaried employees10.5.2023 12:00:01 EEST | HLRE Holding Oyj | Company Announcement

HLRE Group Ltd and Vesivek Ltd have issued a change negotiation initiative on 10th of May 2023. The negotiations concern all employees of HLRE Group Ltd (excluding payroll personnel) and salaried employees of Vesivek Ltd (joint functions, unit management, sales personnel, profile production and workshop repair unit, excluding B2B sales personnel and site installation managers). Further, Oulu/Tornio, Nurmijärvi/Lohja, Kerava/Orimattila units are excluded. The negotiations will start on 17th of May 2023. In the change negotiations the plans to adapt and rearrange the operations shall be discussed in order to adjust HLRE Group Ltd and Vesivek Ltd to better meet the economic situation and weakened demand. HLRE Holding Plc. The HLRE Holding Group (commonly referred to as the Vesivek Group in customer and marketing communications) is a company focusing on roof and drainage renovation of single-family and terraced homes and the product development, manufacture, sales and installations of rain

HLRE Holding Plc´s annual report for the period 1 February 2022 - 31 January 2023 has been published3.5.2023 11:30:00 EEST | HLRE Holding Oyj | Financial Statement Release

HLRE Holding Plc´s annual report for the period 1 February 2022 - 31 January 2023 has today been published in English in PDF format on the company’s website; https://www.vesivek.fi/investors/annual-financial-reports/ The Annual Report contains Report of the Board of Directors and the Financial Statement 1 February 2022 - 31 January 2023. The Financial Statements includes Consolidated Financial Statement, HLRE Holding Plc’s Parent Company’s Statement, and the Auditor’s Report. The PDF file in English of the Annual Report is attached to this release. HLRE Holding Plc publishes the Consolidated Financial Statement also in accordance with European Single Electronic Format (ESEF) reporting requirements with the format of the report being Extensible Hypertext Markup Language (XHTML). In line with the ESEF requirements, the primary statements of the Consolidated Financial Statement have been labelled with XBRL tags. The Consolidated Financial Statement is available in XHTML format at: https:/

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HLRE Holding Oyj: bulletin for Q4 and full year 1 February 2022 – 31 January 202321.3.2023 14:00:01 EET | HLRE Holding Oyj | Quarterly report

HLRE Holding Group Bulletin for Q4 and full year 1 February 2022 – 31 January 2023 Comparison figures in brackets refer to the corresponding period previous year. Brief Look at November 2022 – January 2023 Q4 revenue increased by 4% to EUR 28,4 EUR million (EUR 27,2 Million). Q4 gross profit decreased to EUR 10,9 million (EUR 12,1 Million). Q4 adjusted EBITDA was EUR 0,2 million (EUR 1,6 million). Q4 net cash from operating activities was EUR -0,1 million (EUR -3,8 Million). Brief Look at February 2022 – January 2023 Q1-Q4 revenue was EUR 129,4 million (130,4 million). Gross profit decreased to EUR 52,3 million (55,3 million). Adjusted EBITDA decreased to EUR 10,8 million (13,8 million). Net cash from operating activities was EUR 4,7 million (7,3 million). EUR Million Nov 22 – Jan 23 Q4 Nov 21 – Jan 22 Q4 Feb 22 – Jan 23 Q1-Q4 Feb 21 – Jan 22 Q1-Q4 Revenue 28,4 27,2 129,4 130,4 Gross profit 10,9 12,1 52,3 55,3 Gross margin,% 38,4 % 44,5 % 40,4 % 42,4 % Adjusted EBITDA 0,2 1,6 10,8 13,8

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