Consequent to completion of the aforesaid transaction, SAMPO would cease to be a wholly owned subsidiary of the Company.

This divestiture aligns with M&M’s focus on opportunities that best position the Company for long-term success. Sampo has contributed meaningfully to M&M since it became part of the group. Some of the technologies developed by Sampo have been instrumental in building M&M’s farm machinery capabilities. By transitioning its ownership of SAMPO to a new owner, the Company believes it will enable SAMPO to pursue new pathways for innovation and growth building on its rich heritage and understanding of the Finnish market.

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