PRODUCTS & SERVICES ABOUT BITTIUM INVESTORS Blog Events Jobs Contact Us FI Authorizations (Updated April 14, 2021) Authorizing the Board of Directors to decide on the repurchase of the Company's own shares The General Meeting held on April 14, 2021 authorized the Board of Directors to decide on the repurchase of the Company's own shares as follows. The number of own shares to be repurchased shall not exceed 3,500,000 shares, which corresponds to approximately 9.80 percent of all of the shares in the company as at the date of the Annual General Meeting. Only the unrestricted equity of the company can be used to repurchase own shares on the basis of the authorization. Own shares can be repurchased at a price formed in public trading on the date of the repurchase or otherwise at a price formed on the market. The Board of Directors decides how own shares will be repurchased. Own shares can be repurchased using, inter alia, derivatives. Own shares can be repurchased otherwise than in proportion to the shareholdings of the shareholders (directed repurchase). The authorization cancels the authorization given by the Annual General Meeting on June 15, 2020 to decide on the repurchase of the company's own shares. The authorization is effective until June 30, 2022. Authorizing the Board fo Directors to decide on the issuance of shares as well as the issuance of special rights entitling to shares The General Meeting held on April 14, 2021 authorized the Board of Directors to decide on the issuance of shares and special rights entitling to shares referred to in Chapter 10 Section 1 of the Companies Act as follows. The number of shares to be issued shall not exceed 3,500,000 shares, which corresponds to approximately 9.80 percent of all of the shares in the company as at the date of the Annual General Meeting. The Board of Directors decides on all the conditions of the issuance of shares and of special rights entitling to shares. The authorization concerns both the issuance of new shares as well as the transfer of treasury shares. The issuance of shares and of special rights entitling to shares may be carried out in deviation from the shareholders' pre-emptive rights (directed issue). The authorization cancels the authorization given by the General Meeting on June 15, 2020 to decide on the issuance of shares as well as the issuance of special rights entitling to shares referred to in Chapter 10 Section 1 of the Companies Act. The authorization is effective until June 30, 2022. Connectivity to be trusted. Bittium Corporation Ritaharjuntie 1 FI-90590 Oulu, Finland Tel. +358 40 344 2000 Bittium in Social media: Contact Us Extranet Careers Legal Notice Privacy Statement Invoicing Addresses Desktop version Products & Services Tactical Communications Secure Communications & Connectivity Medical Technologies R&D Services About Bittium Facts & Figures Guiding Principles Sustainability Media Management Systems Suppliers Bittium Blog Investors Bittium for Investors Financial Information Stock Exchange & Press Releases Financial Reports & Presentations Corporate Governance Shares & Shareholders Copyright 2021 Bittium. All rights reserved.