Aspo

Aspo Plc Managers’ transactions March 3, 2026 at 14.00 EET   

Aspo Plc - Managers' Transactions - Rolf Jansson
____________________________________________
Person subject to the notification requirement
Name: Rolf Jansson
Position: Chief Executive Officer
Issuer: Aspo Oyj
LEI: 7437000TB0GHDHLPX677
Notification type: INITIAL NOTIFICATION
Reference number: 145079/6/6
____________________________________________
Transaction date: 2026-03-02
Outside a trading venue
Instrument type: SHARE
ISIN: FI0009008072
Nature of transaction: RECEIPT OF A SHARE-BASED INCENTIVE

Transaction details
(1): Volume: 7532 Unit price: 0 EUR

Aggregated transactions (1):
Volume: 7532 Volume weighted average price: 0 EUR

Aspo Plc 

Erkka Repo 
CFO 

Distribution: 
Nasdaq Helsinki 
www.aspo.com 

For more information, please contact: Erkka Repo, CFO, Aspo Plc, tel. +358 40 5827 971, erkka.repo@aspo.com 

Aspo creates value by owning and developing business operations sustainably and in the long term. Aspo’s businesses ESL Shipping and Telko enable future-proof, sustainable choices for customers in various industries. Established in 1929, today we are together about 650  experts on land and at sea. While the Nordic region is our core market, we serve our customers with world-class solutions in 18 countries around Europe and parts of Asia.  

Aspo is listed on Nasdaq Helsinki and is headquartered in Finland.  

Aspo – Sustainable value creation  

Aspo Plc Managers’ transactions March 3, 2026 at 14.00 EET   

Aspo Plc - Managers' Transactions - Erkka Repo
____________________________________________
Person subject to the notification requirement
Name: Erkka Repo
Position: Chief Financial Officer
Issuer: Aspo Oyj
LEI: 7437000TB0GHDHLPX677
Notification type: INITIAL NOTIFICATION
Reference number: 145229/4/4
____________________________________________
Transaction date: 2026-03-02
Outside a trading venue
Instrument type: SHARE
ISIN: FI0009008072
Nature of transaction: RECEIPT OF A SHARE-BASED INCENTIVE

Transaction details
(1): Volume: 5000 Unit price: 0 EUR
(2): Volume: 3682 Unit price: 0 EUR

Aggregated transactions (2):
Volume: 8682 Volume weighted average price: 0 EUR

Aspo Plc  

Rolf Jansson 
CEO 

Distribution:  
Nasdaq Helsinki  
www.aspo.com  

For more information, please contact: Rolf Jansson, CEO, Aspo Plc, tel. +358 400 600 264, rolf.jansson@aspo.com   

Aspo creates value by owning and developing business operations sustainably and in the long term. Aspo’s businesses ESL Shipping and Telko enable future-proof, sustainable choices for customers in various industries. Established in 1929, today we are together about 650  experts on land and at sea. While the Nordic region is our core market, we serve our customers with world-class solutions in 18 countries around Europe and parts of Asia.  

Aspo is listed on Nasdaq Helsinki and is headquartered in Finland.  

Aspo – Sustainable value creation  

Aspo Plc Investor news 2 March 2026 at 14.00 EET

Aspo completes the divestment of Leipurin to Lantmännen

Aspo has completed the previously announced divestment of Leipurin to Lantmännen at an enterprise value of EUR 63 million. The transaction has received all required regulatory approvals and closing took place today, 2 March 2026.

“My warm thanks to the entire personnel of Leipurin for their commitment and cooperation throughout the years. We wish you all the best in the next chapter of your journey as part of Lantmännen. Leipurin’s transformation over the past years has been remarkable. For Aspo, this divestment creates a good platform to continue Telko’s growth via acquisitions,” says Rolf Jansson, CEO of Aspo.

The cash consideration payable at closing was EUR 62 million. A one-off sales gain of EUR 15 million will be reported as an item affecting comparability in the Aspo’s Interim Report for January-March 2026. The transaction was completed as a sale of shares and it covered all the companies in the Leipurin business.

Aspo has reported Leipurin as a discontinued operation as of the third quarter of 2025. The divestment has no impact on Aspo’s guidance for 2026. Leipurin employees are now part of Lantmännen.

More information in the stock exchange release published 15 August 2025

For further information, please contact:
Rolf Jansson, CEO, Aspo Plc, tel. +358 400 600 264, rolf.jansson@aspo.com

Aspo creates value by owning and developing business operations sustainably and in the long term. Aspo’s businesses – ESL Shipping, Telko and Leipurin – enable future-proof, sustainable choices for customers in various industries. Established in 1929, today we are together about 800 experts on land and at sea. While the Nordic region is our core market, we serve our customers with world-class solutions in 18 countries around Europe and parts of Asia.

Aspo is listed on Nasdaq Helsinki and is headquartered in Finland.

Aspo – Sustainable value creation

Aspo Plc Managers’ transactions February 24, 2026 at 11.30 EET   

Aspo Plc - Managers' Transactions - Miska Kuusela
____________________________________________
Person subject to the notification requirement
Name: Miska Kuusela
Position: Other senior manager
Issuer: Aspo Oyj
LEI: 7437000TB0GHDHLPX677
Notification type: INITIAL NOTIFICATION
Reference number: 144358/4/8
____________________________________________
Transaction date: 2026-02-20
Outside a trading venue
Instrument type: SHARE
ISIN: FI0009008072
Nature of transaction: RECEIPT OF A SHARE-BASED INCENTIVE

Transaction details
(1): Volume: 2120 Unit price: 0 EUR

Aggregated transactions (1):
Volume: 2120 Volume weighted average price: 0 EUR

Aspo Plc 

Erkka Repo 
CFO 

Distribution: 
Nasdaq Helsinki 
www.aspo.com 

For more information, please contact: Erkka Repo, CFO, Aspo Plc, tel. +358 40 5827 971, erkka.repo@aspo.com 

Aspo creates value by owning and developing business operations sustainably and in the long term. Aspo’s businesses – ESL Shipping, Telko and Leipurin – enable future-proof, sustainable choices for customers in various industries. Established in 1929, today we are together about 800 experts on land and at sea. While the Nordic region is our core market, we serve our customers with world-class solutions in 18 countries around Europe and parts of Asia. 

Aspo is listed on Nasdaq Helsinki and is headquartered in Finland. 

Aspo – Sustainable value creation 

Aspo Plc Stock exchange release 16 February 2026 at 9.15 EET

Share rewards from Aspo’s short-term remuneration plan

The Board of Directors of Aspo has resolved that 50% of the remuneration earned by the CEO, members of the Group Executive Committee and other key employees of the company under the short-term remuneration plan 2026 will be paid in shares of Aspo Plc. The target group in the plan covers about 20 key people.

The part payable in shares is estimated to be a maximum total of 160,000 shares (gross) calculated at the share price level prior to the resolution of the Board of Directors and provided that the targets set for the criteria are fully met. The share rewards payable based on the plan, subject to achievement of the performance measures, will be delivered to the participants in spring 2027.

Aspo Plc
Board of Directors

Distribution:

Nasdaq Helsinki
Key media
www.aspo.com

For more information, please contact: Heikki Westerlund, Chairman of the Board of Directors, tel. +358 50 559 6580

Aspo creates value by owning and developing business operations sustainably and in the long term. Aspo’s businesses – ESL Shipping, Telko and Leipurin – enable future-proof, sustainable choices for customers in various industries. Established in 1929, today we are together about 800 experts on land and at sea. While the Nordic region is our core market, we serve our customers with world-class solutions in 18 countries around Europe and parts of Asia.

Aspo is listed on Nasdaq Helsinki and is headquartered in Finland.

Aspo – Sustainable value creation

Aspo Plc Financial Statements Release February 16, 2026, at 9.00 EET

Aspo Plc’s Financial Statements Release, January 1 – December 31, 2025: A year with significant profit improvement in a challenging market

This is a summary of the Financial Statements Release January 1 – December 31, 2025 of Aspo Plc. The complete report is attached to this release and available at aspo.com.

October–December 2025

• Net sales, Group total was EUR 158.0 (159.8) million
• Net sales from continuing operations decreased to EUR 119.3 (124.5) million
• Comparable EBITA, Group total grew to EUR 8.9 (8.0) million, 5.7% (5.0%) of net sales
  • ESL Shipping EUR 3.8 (4.3) million
  • Telko EUR 4.4 (3.9) million
  • Discontinued operation EUR 2.0 (1.1) million
  • Other operations EUR -1.2 (-1.2) million
• EBITA, Group total was EUR 16.2 (8.1) million. EBITA of ESL Shipping was EUR 13.3 (4.4) million, of Telko EUR 4.0 (3.9) million and of discontinued operation EUR 1.3 (1.1) million
• Comparable ROE, Group total was 10.8% (13.0%)
• Comparable EPS, Group total was EUR 0.06 (0.15)
• Free cash flow was EUR 26.2 (-18.7) million
• Aspo announced in November 2025 that it would continue the strategic evaluation of the company, with the main alternatives including a divestment of ESL Shipping or a possible partial demerger of the company.
• M/S Kallio was sold to The Qrill Company AS in October 2025. The sales price was approximately EUR 18 million and the sales gain was EUR 9.6 million. The sales gain has been excluded from the comparable EBITA.
• The International Science Based Targets initiative (SBTi) approved Aspo’s near-term emissions reduction targets in October 2025.

January–December 2025

• Net sales, Group total increased to EUR 616.3 (592.6) million
• Net sales from continuing operations increased to EUR 469.1 (459.5) million
• Comparable EBITA, Group total grew to EUR 36.5 (29.1) million, 5.9% (4.9%) of net sales
  • ESL Shipping EUR 16.5 (16.9) million
  • Telko EUR 17.9 (12.6) million
  • Discontinued operation EUR 7.1 (5.1) million
  • Other operations EUR -5.0 (-5.4) million
• EBITA, Group total was EUR 43.1 (21.2) million. EBITA of ESL Shipping was EUR 25.5 (9.2) million, of Telko EUR 17.5 (12.5) million, and of discontinued operation EUR 6.3 (4.7) million
• Comparable ROE, Group total was 12.1% (9.2%)
• Comparable EPS, Group total was EUR 0.51 (0.39)
• Free cash flow was EUR 26.5 (-36.1) million
• On August 15, 2025, Aspo signed an agreement to divest its Leipurin business to Lantmännen at an enterprise value of EUR 63 million. The sale is expected to generate a gain of approximately EUR 16 million. The transaction is subject to regulatory approvals, and it is expected to be completed in the first quarter of 2026. Consequently, Leipurin is presented as a discontinued operation, and the comparative figures have been restated.

• The Board proposes a dividend of EUR 0.25 (0.19) per share for financial year 2025.
  
  

Figures from the corresponding period in 2024 are presented in brackets.

Guidance for 2026

Aspo Group’s comparable EBITA from continuing operations is expected to increase compared with the previous year (EUR 29.4 million in 2025).

Aspo Group’s comparable EBITA from continuing operations excludes Leipurin, which is reported as a discontinued operation. The divestment of Leipurin was announced on August 15, 2025, and it is expected to be completed during the first quarter of 2026.

Assumptions behind the guidance

Economic growth is expected to slowly revive throughout the year in our core markets, however, the markets are expected to continue challenging in the early part of the year. Geopolitical uncertainty and global trade tensions are also expected to have a negative impact on economic growth and global trade going forward. Aspo’s profit improvement for 2026 is expected to come mainly from various profit improvement actions in ESL Shipping and Telko, fleet renewal and improved fleet utilization in ESL Shipping, continued synergy capture from Telko’s acquisitions, and a reduction of Aspo-level costs while the implementation of Aspo’s strategic transformation continues. Possible costs related to the execution of Aspo’s strategic transformation are excluded from Aspo’s comparable EBITA.

For ESL Shipping, demand is expected to slightly improve for 2026, with spot market pricing also gradually improving from the current low levels. High level of dockings is expected to negatively impact the second quarter of the year.

For Telko, overall stable market development is expected going forward. Telko is expected to continue to grow via acquisitions in 2026. Possible acquisition-related expenses are excluded from the comparable EBITA.

The calculation principles of key figures are included in Aspo’s Board of Directors’ 2024 report. The figures presented in this financial statements release have been individually rounded or calculated based on exact figures, so the figures may not add up to rounded totals.

Rolf Jansson, CEO of Aspo Group, comments on the fourth quarter of 2025:

When reviewing the full year 2025, Aspo grew its comparable EBITA, Group total to EUR 36.5 (29.1) million. This profitability improvement of more than 25% was achieved in a challenging market during 2025. This shows that the actions taken, both strategic and operational improvements, are yielding results. In 2025, the earnings per share (EPS) Group total increased to EUR 0.72 (0.14) both because of the profitability improvement and due to a successful divestment of M/S Kallio to the Norwegian The Qrill Company AS in October 2025. The entire personnel of Aspo deserves recognition for this great achievement -thank you for a successful 2025!

In the fourth quarter, Aspo’s net sales Group total remained at last year’s level due to the challenging market conditions. Aspo’s comparable EBITA Group total grew and was EUR 8.9 million, compared with EUR 8.0 million in the corresponding period in the previous year.

ESL Shipping’s comparable EBITA declined to EUR 3.8 (4.3) million. ESL Shipping’s profitability was negatively impacted, especially in the Coaster vessel segment, by the continued weak spot market and softer than expected forest industry demand. These drivers are unchanged from the previous quarter, but further actions have been taken to improve profitability, including fleet renewal and actions for improving capacity utilization.

Telko improved its comparable EBITA to EUR 4.4 (3.9) million due to higher sales margin, driven by a higher share of specialty products. Volumes were in decline, driven by modest demand particularly in Europe. Developing the supply chain and transforming poorly performing businesses contributed to the improved financial performance.

On August 15, 2025, Aspo signed an agreement to divest its Leipurin business to Lantmännen at an enterprise value of EUR 63 million. We expect the divestment of Leipurin to be completed during the first quarter of 2026, as obtaining the regulatory approvals has progressed according to plan.

Leipurin’s positive profitability development trend continued, and the comparable EBITA of discontinued operations was EUR 2.0 (1.1) million. Profitability improvement was boosted by EUR 0.6 million, as no depreciation was recognized, but in a like-for-like comparison, Leipurin’s profitability also improved by approximately EUR 0.3 million.

The International Science Based Targets initiative (SBTi) approved Aspo’s near-term emissions reduction targets in October 2025. This entails a reduction of the businesses’ own emissions through fleet investments and switching to renewable fuels. Furthermore, we aim to reduce emissions outside our own operations in cooperation with suppliers and partners. 

In November 2025, we communicated that our main strategic alternatives are either to divest ESL Shipping or implement a partial demerger of Aspo. Our aim is to find the best solution for ESL Shipping and Telko in terms of value creation and businesses development. In 2026 we will focus on executing this transformation of Aspo. As communicated recently, I will also take on the role of Managing Director of Telko, and with the team, we will evaluate the integration of Telko’s and Aspo’s operations. We will continue to strengthen Telko and ESL Shipping as stand-alone companies offering attractive investment cases, with clear growth strategies and continued efforts for profitability improvement.

ASPO GROUP

Financial performance and targets

Aspo’s long-term financial targets at Group total level are:

• Minimum increase in net sales: 5–10% a year
• Comparable EBITA of 8%
• Return on equity: more than 20%
• Net debt to comparable EBITDA, rolling 12 months ratio below 3.0

At a business level, ESL Shipping’s long-term comparable EBITA target is 14%, Telko’s 8% and Leipurin’s 5%. Leipurin is reported as a discontinued operation.

In January–December 2025, Aspo’s net sales Group total grew by 4.0% to EUR 616.3 (592.6) million. The comparable EBITA Group total rate stood at 5.9% (4.9%). Comparable return on equity Group total was 12.1% (9.2%) and the net debt to comparable EBITDA Group total, rolling 12 months ratio was 3.6 (3.2).

The Board of Directors’ dividend proposal

According to Aspo's dividend policy, Aspo’s dividend growth is based on positive profitability development with the aim to pay-out annually up to 50% of net profit as dividend. The ambition is to gradually increase the amount of dividends, while considering the financing needs of growth initiatives with strategic priority.

The Board of Directors proposes to the Annual General Meeting of Aspo Plc to be held on April 17, 2026, that EUR 0.25 per share be distributed in dividends for the 2025 financial year, and that no dividend be paid for shares held by Aspo Plc. The proposed dividend represents 49% of Aspo’s comparable earnings per share for 2025. It is proposed that the dividend be paid in one instalment.

It is proposed that the dividend of EUR 0.25 per share be paid to shareholders registered on the record date of April 21, 2026, in the company’s register of shareholders maintained by Euroclear Finland Oy. The Board proposes that the payment date for the dividend will be April 28, 2026.

On December 31, 2025, the distributable funds of the parent company were EUR 50,425,376.24, with the profit for the financial year totaling EUR 16,086,605.41. There are a total of 31,292,617 shares entitled to dividends on the publication date of this financial statement release. As a result, the proposed dividend would total EUR 7.8 million.

No material changes have taken place in respect of Aspo’s financial position since the balance sheet date. In the opinion of the Board of Directors, the proposed distribution of profits does not risk the solvency of the company.

Espoo, February 16, 2026

Aspo Plc
Board of Directors

News conference for analysts, investors and the media

A news conference for analysts, investors and the media will be held at Sanomatalo, Flik Studio Eliel, Töölönlahdenkatu 2, Helsinki on February 16, 2026, at 12.00 p.m. The event is also open to private investors, and participants are requested to register beforehand by emailing viestinta@aspo.com. The financial statements release will be presented by CEO Rolf Jansson and CFO Erkka Repo.

The event will be held in English, and it can also be followed as a live webcast at https://aspo.events.inderes.com/q4-2025.

Questions can be asked through a webcast form.

A recording of the event will be available later the same day on the company’s website, aspo.com. 

For more information, please contact:
Rolf Jansson, CEO, Aspo Plc, tel. +358 400 600 264, rolf.jansson@aspo.com


Distribution:
Nasdaq Helsinki
Key media
www.aspo.com

Attachment

• Aspo-Financial-Statements-Release-Q4-2025

Aspo Plc Stock exchange release 29 January, 2026 at 12.30 EET 

Aspo has completed repurchasing its own shares 

Aspo Plc has completed repurchasing its own shares, of which the company disclosed a stock exchange release on 3 November, 2025. During the period of 4 November, 2025 to 29 January, 2026, Aspo repurchased a total of 130,000 own shares, corresponding to approximately 0.41 per cent of the total shares in the company. The shares were purchased at an average price of approximately EUR 6.78.  

The repurchased shares are to be used for pay-outs under the share-based incentive plans of Aspo Plc. 

The repurchasing of own shares reduced Aspo’s equity by approximately EUR 881,000. As a result of the repurchases, Aspo holds a total of 127,162 own shares. 

The shares were repurchased otherwise than in proportion to the shareholdings of its shareholders in public trading on Nasdaq Helsinki at the market price prevailing at the time of repurchase, using the unrestricted equity of the company. 

Aspo Plc 

Distribution: 
 
Nasdaq Helsinki 
Key media 
www.aspo.com 

For more information, please contact: Erkka Repo, CFO, Aspo Plc, tel. +358 40 5827 971, erkka.repo@aspo.com 

Aspo creates value by owning and developing business operations sustainably and in the long term. Aspo’s businesses – ESL Shipping, Telko and Leipurin – enable future-proof, sustainable choices for customers in various industries. Established in 1929, today we are together about 800 experts on land and at sea. While the Nordic region is our core market, we serve our customers with world-class solutions in 19 countries around Europe and parts of Asia. 

Aspo is listed on Nasdaq Helsinki and is headquartered in Finland. 

Aspo – Sustainable value creation 

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• ASPO 28.1 trades

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• ASPO 27.1 trades

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• ASPO 26.1 trades

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• ASPO 23.1 trades

Aspo Plc Stock exchange release 23 January, 2026 at 9.30 EET

Change in Aspo’s Group Executive Team

Aspo announced in November 2025 that it will continue to evaluate the strategic alternatives for the company, with the main alternatives including a possible partial demerger of Aspo or a divestment of ESL Shipping. Aspo’s Executive Team changes as it has been agreed with Mikko Pasanen that he will leave his position as the Managing Director of Telko.  

The CEO of Aspo Rolf Jansson has been appointed as Managing Director of Telko as of 23 January, 2026.

“With the lead of Mikko Pasanen, Telko has grown in western markets both organically as well as via acquisitions. I want to thank Mikko for his significant contribution and wish him all the best with his future endeavors. Looking ahead, we will continue to focus on serving our key partners, further developing Telko’s investment story and financial performance and evaluating the integration of Telko’s and Aspo’s operations. Telko has excellent prerequisites to develop into an independent and growth-driven listed company,” says Rolf Jansson, CEO of Aspo.

The change has no impact on Aspo’s financial reporting.

Aspo Plc

Distribution:
Nasdaq Helsinki
Key media
www.aspo.com

For more information, please contact: Rolf Jansson, CEO, Aspo Plc, tel. +358 400 600 264, rolf.jansson@aspo.com

Aspo creates value by owning and developing business operations sustainably and in the long term. Aspo’s businesses – ESL Shipping, Telko and Leipurin – enable future-proof, sustainable choices for customers in various industries. Established in 1929, today we are together about 800 experts on land and at sea. While the Nordic region is our core market, we serve our customers with world-class solutions in 19 countries around Europe and parts of Asia.

Aspo is listed on Nasdaq Helsinki and is headquartered in Finland.

Aspo – Sustainable value creation

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• ASPO 22.1 trades

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• ASPO 21.1 trades

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• ASPO 20.1 trades

Aspo Plc Stock Exchange Release January 20, 2026 at 16.30 EET

Aspo’s Shareholders’ Nomination Board’s proposals to the Annual General Meeting 2026 

The Shareholders' Nomination Board of Aspo Plc presents the following proposals to the Annual General Meeting to be held on April 17, 2026. The proposals will be included in the notice to the Annual General Meeting to be published at a later date.

Proposal on the composition of the Board of Directors 

The Shareholders’ Nomination Board of Aspo Plc proposes that the Board of Directors will have seven members. 

The Nomination Board proposes that Patricia Allam, Annika Ekman, Tapio Kolunsarka, Mikael Laine, Kaarina Ståhlberg, Tatu Vehmas and Heikki Westerlund, all current members of the company's Board of Directors, be re-elected as members of the Board.

The proposed Board members have all given their consent to being elected. The Board elects a Chairman and a Vice Chairman from among its members. The proposed persons have informed the company that if they are elected, they will elect Heikki Westerlund as Chairman of the Board, and Mikael Laine as the Vice Chairman of the Board. 

Proposed members of the Board of Directors are independent from the Company and its significant shareholders, excluding Patricia Allam and Tatu Vehmas, who are considered to be dependent on the significant shareholders of the Company.

Proposal on the remuneration of the Board of Directors

The Nomination Board proposes that the monthly fees of the board members remain unchanged: 

- Members: EUR 3,000 per month  
- Vice Chairman: EUR 4,400 per month
- Chairman: EUR 6,000 per month 

The Nomination Board proposes that the meeting fees paid to members of the Committees are EUR 800 per committee meeting and the meeting fee of the Chairmen of the Committees EUR 1,200 per meeting. If the Chairman of the Committee is also the Chairman or the Vice Chairman of the Board of Directors, the Nomination Board proposes that the fee paid to the Chairman of the Committee is the same as that paid to members of the Committee. Board members having a full-time position in an Aspo Group company are not paid a fee. 

Composition of the Shareholders’ Nomination Board  

The Nomination Board of Aspo Plc’s shareholders consists of the representatives of the four largest shareholders. The following representatives of the largest shareholders were members of the Nomination Board which prepared proposals for the Annual Shareholders' Meeting 2026: Roberto Lencioni, Chairman (Vehmas family, including AEV Capital Holding Oy); Gustav Nyberg (Nyberg family, including Oy Havsudden Ab); Pekka Pajamo, (Varma Mutual Pension Insurance Company); and Karoliina Lindroos (Ilmarinen Mutual Pension Insurance Company). In addition, Heikki Westerlund, Chairman of Aspo Board of Directors, has acted as an expert member of the Nomination Board.

Aspo Plc 

Taru Uotila, Senior Vice President, Legal and Sustainability

For further information, please contact: Roberto Lencioni, Chairman of the Nomination Board, tel. +358 30 600 3423, roberto.lencioni@gard.no

Distribution: 
Nasdaq Helsinki 
Key Media  
www.aspo.com 

Aspo creates value by owning and developing business operations sustainably and in the long term. Aspo’s businesses – ESL Shipping, Telko and Leipurin – enable future-proof, sustainable choices for customers in various industries. Established in 1929, today we are together about 800 experts on land and at sea. While the Nordic region is our core market, we serve our customers with world-class solutions in 19 countries around Europe and parts of Asia.

Aspo is listed on Nasdaq Helsinki and is headquartered in Finland.

Aspo – Sustainable value creation

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• ASPO 19.1 trades

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• ASPO 16.1 trades

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• ASPO 15.1 trades

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• ASPO 14.1 trades

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• ASPO 13.1 trades

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• ASPO 12.1 trades

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• ASPO 9.1 trades

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• ASPO 8.1 trades

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• ASPO 7.1 trades

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• ASPO 5.1 trades

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• ASPO 2.1 trades

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• ASPO 30.12 trades

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• ASPO 29.12 trades

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• ASPO 23.12 trades

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• ASPO 22.12 trades

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• ASPO 19.12 trades

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• ASPO 18.12 trades

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• ASPO 17.12 trades

Aspo Plc Managers’ transactions December 17, 2025 at 13.00 EET   

Aspo Plc - Managers' Transactions - Erkka Repo  

____________________________________________ 

Person subject to the notification requirement 

Name: Erkka Antero Repo 

Position: Chief Financial Officer 

Issuer: Aspo Oyj 

LEI: 7437000TB0GHDHLPX677 

Notification type: INITIAL NOTIFICATION 

Reference number: 134432/5/4 

____________________________________________ 

Transaction date: 2025-12-16 

Outside a trading venue 

Instrument type: SHARE 

ISIN: FI0009008072 

Nature of transaction: RECEIPT OF A SHARE-BASED INCENTIVE 

Transaction details 

(1): Volume: 5106 Unit price: 0 EUR 

Aggregated transactions (1): 

Volume: 5106 Volume weighted average price: 0 EUR 

Aspo Plc  

Rolf Jansson 
CEO 

Distribution:  
Nasdaq Helsinki  
www.aspo.com  

For more information, please contact: Rolf Jansson, CEO, Aspo Plc, tel. +358 400 600 264, rolf.jansson@aspo.com   

Aspo creates value by owning and developing business operations sustainably and in the long term. Aspo’s businesses – ESL Shipping, Telko and Leipurin – enable future-proof, sustainable choices for customers in various industries. Established in 1929, today we are together about 800 experts on land and at sea. While the Nordic region is our core market, we serve our customers with world-class solutions in 18 countries around Europe and parts of Asia.  

Aspo is listed on Nasdaq Helsinki and is headquartered in Finland.  

Aspo – Sustainable value creation  

Attachment

• ASPO 16.12 trades

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• ASPO 15.12 trades

Aspo Plc Managers’ transactions December 15, 2025, at 16.05 EET  

Aspo Plc - Managers' Transactions - Tatu Vehmas         

____________________________________________

Person subject to the notification requirement

Name: AEV Capital Holding Oy

Position: Member of the Board/Deputy member

(X) Legal person (1):Person Discharging Managerial Responsibilities In Issuer

Name: Tatu Vehmas

Position: Member of the Board

Issuer: Aspo Oyj

LEI: 7437000TB0GHDHLPX677

Notification type: INITIAL NOTIFICATION

Reference number: 134042/4/4

____________________________________________

Transaction date: 2025-12-12

Outside a trading venue

Instrument type: SHARE

ISIN: FI0009008072

Nature of transaction: ACQUISITION

Transaction details

(1): Volume: 42790 Unit price: 6.58 EUR

Aggregated transactions (1):

Volume: 42790 Volume weighted average price: 6.58 EUR

Aspo Plc 

Erkka Repo 
CFO 

Distribution: 
Nasdaq Helsinki 
www.aspo.com 

For more information, please contact: Erkka Repo, CFO, Aspo Plc, tel. +358 40 5827 971, erkka.repo@aspo.com 

Aspo creates value by owning and developing business operations sustainably and in the long term. Aspo’s businesses – ESL Shipping, Telko and Leipurin – enable future-proof, sustainable choices for customers in various industries. Established in 1929, today we are together about 800 experts on land and at sea. While the Nordic region is our core market, we serve our customers with world-class solutions in 18 countries around Europe and parts of Asia. 

Aspo is listed on Nasdaq Helsinki and is headquartered in Finland. 

Aspo – Sustainable value creation 

Aspo Plc Managers’ transactions December 15, 2025 at 16.00 EET  

Aspo Plc - Managers' Transactions - Tatu Vehmas         

____________________________________________

Person subject to the notification requirement

Name: Tatu Vehmas

Position: Member of the Board/Deputy member

Issuer: Aspo Oyj

LEI: 7437000TB0GHDHLPX677

Notification type: INITIAL NOTIFICATION

Reference number: 134039/4/4

____________________________________________

Transaction date: 2025-12-12

Outside a trading venue

Instrument type: SHARE

ISIN: FI0009008072

Nature of transaction: DISPOSAL

Transaction details

(1): Volume: 42790 Unit price: 6.58 EUR

Aggregated transactions (1):

Volume: 42790 Volume weighted average price: 6.58 EUR

Aspo Plc 

Erkka Repo 
CFO 

Distribution: 
Nasdaq Helsinki 
www.aspo.com 

For more information, please contact: Erkka Repo, CFO, Aspo Plc, tel. +358 40 5827 971, erkka.repo@aspo.com 

Aspo creates value by owning and developing business operations sustainably and in the long term. Aspo’s businesses – ESL Shipping, Telko and Leipurin – enable future-proof, sustainable choices for customers in various industries. Established in 1929, today we are together about 800 experts on land and at sea. While the Nordic region is our core market, we serve our customers with world-class solutions in 18 countries around Europe and parts of Asia. 

Aspo is listed on Nasdaq Helsinki and is headquartered in Finland. 

Aspo – Sustainable value creation 

Attachment

• ASPO 12.12 trades

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• ASPO 11.12 trades

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• ASPO 10.12 trades

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• ASPO 9.12 trades

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• ASPO 8.12 trades

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• ASPO 5.12 trades

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• ASPO 4.12 trades

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• ASPO 3.12 trades

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• ASPO 2.12 trades