eQ (EQV1V) Status update summary

Leadership transition

• Jouko Pölönen appointed as CEO, bringing strong leadership and results-driven experience.

• Pölönen is highly motivated and recognized for his open-mindedness, customer focus, and growth orientation.

• Janne Larma continues as interim CEO and board member until Pölönen assumes the role by 5 November 2025.

Professional background and credentials

• Pölönen holds a Master of Science in Economics, is a certified public accountant, and has an eMBA.

• Previous roles include CEO of Ilmarinen (2018–2025) and executive positions at OP Group and Pohjola.

• Holds board positions at several Finnish organizations, including Nokian Renkaat and the Finnish Foundation for Share Promotion.

Shareholding and incentives

• Pölönen will become one of the top ten shareholders after acquiring 1,000,000 shares, about 2.4% of total shares.

• The shares are being sold by the three largest shareholders on market terms during May.

• He will also receive 100,000 options from the 2025 option program.