• Aspo will seek shareholder approval on December 7, 2026, to separate its shipping business into ESL Shipping Group.
• Completion is targeted for December 31, 2026, with the remaining company to be renamed Telko Group.
• Shareholders would receive one ESL Shipping Group share per existing share, with Nasdaq Helsinki trading expected around January 4, 2027.
• A subsequent share exchange would give ESL Shipping Group full ownership of ESL Shipping through issuance of up to 9,250,829 shares.
• The minority shareholder would receive approximately 21.4% of ESL Shipping Group’s shares, excluding shares held by the group or its subsidiaries.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Aspo Oyj published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610210800OMX_____CNEWS_EN_GNW1001279111_en) on October 21, 2026, and is solely responsible for the information contained therein.