Endomines

Endomines Finland Plc – Inside Information – 14.7.2025, at 9.30am EEST

Inside Information: Notice on the conversion of convertible loan into shares

Endomines has received a conversion notice related to convertible loans, based on which a total of EUR 124,345.20 will be converted to new shares of Endomines Finland Plc.

Vikakono Oy will convert a total of EUR 62,197.26 to new Endomines Finland Plc shares. In accordance with the convertible loan agreement, the exchange price is approximately EUR 3.51 per share.

Kirsi Viita will convert a total of EUR 62,147.94 to new Endomines Finland Plc shares. In accordance with the convertible loan agreement, the exchange price is approximately EUR 3.51 per share.

The exchange price consists of the daily average price calculated at the share's closing price during 15 May 2023 – 15 June 2023 with a deduction of 15 per cent.

As a result of the conversions, 35,425 new Endomines Finland Plc shares will be registered and issued. The total number of shares and votes in Endomines increases from 11,093,035 shares and votes to 11,128,460 shares and votes. After registration, the new shares correspond to approximately 0.32 per cent of the company's total number of shares and votes.

Further information:
Minni Lempinen
CFO
Endomines Finland Plc
minni.lempinen@endomines.com
+358 40 769 3483

Endomines Finland Plc is a Finnish forerunner in sustainable mining. Our operations are focused on gold production and exploration in the Karelian Gold Line in Eastern Finland. We also own the rights to seven gold deposits in the United States. We produce gold for the jewellery and electronics industries and create value by turning natural resources into wealth; an investment that can withstand global political instability. Our vision is to develop the Karelian gold line into one of the most important and sustainable gold producing regions in the world. Endomines is listed on the OMX Helsinki (PAMPALO). www.endomines.com.

Endomines Finland Oyj – Press Release – 7.7.2025, at 12:00 EEST

Endomines invests in domestic gold production by acquiring Power Mining Oy's Pampalo mining operations

Endomines Oy, a wholly owned subsidiary of Endomines Finland Oyj (“Endomines” or the “Company”), signed an agreement to acquire the Pampalo operations of Power Mining Oy, an underground mining service provider. The transaction is valued at approximately EUR 2.55 million and will be financed with Endomines Oy's cash reserves.

With the transfer of operations, the majority of the employees of Power Mining Oy working at the Pampalo mine will transition to Endomines' employment on the transaction's completion date, September 1, 2025 (the “Completion Date”). The transaction includes the machinery and equipment necessary for underground mining, valued at EUR 1.95 million, as well as an inventory valued at approximately EUR 0.60 million. The final value of the inventory will be determined on the Completion Date, and any change in the inventory will directly affect the purchase price. The purchase price will be paid in three approximately equal instalments: the first on the Completion Date, the second by March 31, 2026, and the third by September 30, 2026. The Company estimates that the acquisition will reduce gold production costs by approximately EUR 90–120 per ounce from 2026 onwards without additional investments.

Power Mining Oy provides rock construction services for mining and infrastructure projects in Finland and Sweden, employing around 50 mining professionals. The company has been a mining construction partner at Endomines' Pampalo underground mine since 2021. The acquired operations employ about 30 people, all of whom work at the Pampalo mine.

Kari Vyhtinen, CEO of Endomines Finland Oyj: The business acquisition supports our strategy, brings cost savings, and enables growth

"This business acquisition supports our strategy, where Pampalo's production is an essential part of our operations and growth. By integrating Power Mining's Pampalo operations into Endomines, we can develop the mine's operations, safety, and sustainability in a new way, while achieving significant cost savings. Additionally, a broader production chain creates a strong foundation for our growth.

"The solid expertise, professionalism, and experience of Power Mining's personnel are valuable resources that support Endomines' development during the growth phase. In addition to the transitioning personnel, we will immediately initiate new recruitments to support growth."

Juha-Matti Mantere, CEO of Power Mining Oy: Grateful for the long-term cooperation

"This business acquisition completes the long-term cooperation between Power Mining and Endomines, which has been a key part of both companies' success. I want to thank Endomines for the cooperation and wish continued success in the future."

Guidance remains unchanged

The transaction does not affect the guidance provided by Endomines Finland Oyj. In its financial statements release on February 13, 2025, the Company estimated gold production to be between 16,000–22,000 ounces (497.7 kg – 684.3 kg) in 2025. The Company expects production growth to be higher in H2-2025.

Further Information
Kari Vyhtinen
CEO
Endomines Finland Oyj
kari.vyhtinen@endomines.com
+358 40 585 0050

Endomines Finland Plc is a Finnish forerunner in sustainable mining. Our operations are focused on gold production and exploration in the Karelian Gold Line in Eastern Finland. We also own the rights to seven gold deposits in the United States. We produce gold for the jewellery and electronics industries and create value by turning natural resources into wealth; an investment that can withstand global political instability. Our vision is to develop the Karelian gold line into one of the most important and sustainable gold producing regions in the world. Endomines is listed on the main list of OMX Helsinki (PAMPALO). www.endomines.com. 

Endomines Finland Plc – Inside Information – 3/7/2024, at 11:00 EEST

Inside Information: Endomines Finland Plc operational update Jan–June 2025: Gold production continues its strong growth

Pampalo's gold production increased by 25.8 % in January–June 2025 compared to the corresponding period in 2024. In April-June, gold production increased by 33.5 percent compared to the corresponding period in 2024, amounting to 134.3 kilograms and 4,319 ounces

• During the first half of the year, the production was 274.7 kg (218.3 kg) in kilograms and 8,832 oz (7,019 oz) in ounces.
• For the full year 2024, Endomines produced 444.9 kg (equivalent to 14,304 ounces) of gold.

Published production volumes are based on preliminary data, the final figures may change slightly after final specifications have been received for all deliveries to customers. However, the change in the figures reported here is not expected to be significant.

The company's full-year 2025 production is expected to be between 16,000 and 22,000 ounces (497.7 kg – 684.3 kg). The growth in production is anticipated to be higher during H2-2025.

“I am very pleased with our production in the first half of the year. Our production has grown for the sixth consecutive quarter compared to the corresponding period. The production in the first half of the year is the highest semi-annual production since the restart of production in December 2021. The clear increase in production volumes enables the implementation of strategic measures on a fast schedule. Additionally, the current strong gold market encourages investments towards higher production volumes. The average gold price in January-June 2025 was 3,072 USD/ounce, compared to the average price of 2,205 USD/ounce in the comparison period,” comments Kari Vyhtinen, the CEO of the company.

Further information:
Kari Vyhtinen
CEO
Endomines Finland Plc
kari.vyhtinen@endomines.com
+358 40 585 0050

Endomines Finland Plc is a Finnish forerunner in sustainable mining. Our mining operations in Pampalo, Ilomantsi region, focus on gold mining and processing, as well as exploration in the Karelian gold line, in Eastern Finland. We also own the rights to seven gold deposits in the US. We produce gold for the jewellery and electronics industries and create value by transforming natural resources into wealth, an investment that withstands the volatility of global politics. We are a growing mining company that embraces new ways of thinking; we want to leave a positive footprint where we operate, which is why our goal is to grow the Karelian gold line into a significant, sustainable gold-producing region. Endomines is listed on the main list of OMX Helsinki (PAMPALO). www.endomines.com. 

Endomines Finland Plc – inside information, 27/6/2025, at 16:15 EEST 

Inside information: New results from the Ukko deposit at Ukkolanvaara confirm a wide gold zone

Endomines reported the results of the first drill hole, UKKO-001, from the Ukko deposit at Ukkolanvaara in May. In its stock exchange release on May 28, 2025, the company stated that the results were exceptional, as this drill hole intersected three significant gold zones.

Endomines has now drilled 17 holes in the Ukko deposit and received full results for nine drill holes. The results are excellent and demonstrate that the high-grade gold zone discovered in drill hole UKKO-001 extends to a depth of at least 150 meters. Additionally, the results show that the iron formation is consistently mineralized, and the Ukko deposit carries gold mineralization over a strike of at least 400 m.

Highlights from the results of the Ukko drilling program:

• Drill hole UKKO-001 intersected 30.95 m @ 3.28 g/t gold from 45.55 m
  • Including 9.35 m @ 7.08 g/t gold from 48.45 m
• Drill hole UKKO-001 intersected 20.00 m @ 1.60 g/t gold from 16.20 m
  • Including 1.75 m @ 5.52 g/t gold from 18.95 m
  • Including 3.05 m @ 4.07 g/t gold from 26.90 m
• Drill hole UKKO-001 intersected 6.30 m @ 2.67 g/t gold from 3.35 m
  • Including 1.20 m @ 9.90 g/t gold from 5.00 m
• Drill hole UKKO-002 intersected 26.25 m @ 1.89 g/t gold from 110.65 m
  • Including 7.00 m @ 4.53 g/t gold from 116.10 m
  • Including 0.90 m @ 6.17 g/t gold from 132.90 m
• Drill hole UKKO-002 intersected 18.65 m @ 1.75 g/t gold from 144.15 m
  • Including 1.00 m @ 7.50 g/t gold from 149.15 m
  • Including 1.10 m @ 6.31 g/t gold from 159.50 m
• Drill hole UKKO-002 intersected 12.80 m @ 1.48 g/t gold from 192.15 m
  • Including 3.20 m @ 3.58 g/t gold from 201.75 m
• Drill hole UKKO-003 intersected 9.10 m @ 4.72 g/t gold from 250.00 m
  • Including 0.85 m @ 17.90 g/t gold from 255.55 m
• Drill hole UKKO-005 intersected 16.70 m @ 1.26 g/t gold from 223.80 m
  • Including 3.95 m @ 3.71 g/t gold from 226.75 m

"We have now obtained approximately half of the results of the drilling campaign conducted at Ukkolanvaara. The first drill hole, UKKO-001, was exceptionally promising, and the results now confirm the significant gold potential of the area. Based on the results, the gold zone of the Ukko deposit appears to extend both deep and wide. Additionally, the results indicate that the gold is associated with an iron formation in the area, which often suggests extensive formations," commented the company's CEO, Kari Vyhtinen.

"Based on the additional information obtained from the drilling program, we believe the Ukko deposit is significant, and we are including the area in our long-term strategic planning. We have also reserved other areas along the Karelian Gold Line where similar mineralizations are possible. The discovery of a new, significant deposit along the Karelian Gold Line highlights the enormous exploration potential of the area," Vyhtinen continues.

The significant intersections from the Ukko drilling program are presented in Attachment 1, and the locations of the exploration drill holes are presented in the map (Attachment 2).

Visible gold in drill holes, results to be completed in early autumn

To date, 17 holes with a total length of 4666.3 meters have been drilled in Ukkolanvaara. Drilling is still ongoing, and the analysis results for eight drill holes are pending. Based on visual inspection, visible gold has been observed in 8 out of 17 drill holes. The visible gold is associated with altered iron formation, supporting the interpretation of a large gold-mineralized system.

Due to its significant overall potential, the Ukkolanvaara area is now the company's primary exploration target for the 2025 drilling, base of till sampling, geophysical surveys, and geological mapping campaigns.

Geology of Ukkolanvaara

The most intense gold mineralization has been observed within tightly folded iron formation (BIF, Banded Iron Formation) where pyrrhotite replaces magnetite bands. To date, visible gold grains have been observed in eight drill holes at Ukkolanvaara (UKKO-001, UKKO-002, UKKO-003, UKKO-005, UKKO-006, UKKO-009, UKKO-015 & UKKO-016). The alteration halo around the gold mineralization includes chlorite, carbonates, green micas and iron sulphides.

Drilling technology and quality assurance  

All surface drilling has been carried out by MK Core Drilling Oy, using WL-76 tubes, resulting in a core of 57.5 mm in diameter. Drill hole locations will be surveyed after completion of the drilling program. All coordinates and maps used in this release reflect planned coordinates. A downhole survey of bearing and dip deviations has been completed with the DeviFlex survey tool. All cores have been oriented with the Reflex ACT3 equipment.

The drill cores have been logged by Endomines own personnel. The drill cores have been cut in half by Palsatech Oy in Kemi prior to the shipping to CRS’ laboratory in Kempele. Samples were sent to CRS' laboratory in Kempele for preparation (code PRP-929) and then sent to MS Analytical laboratory in Langley, Canada, where samples were analyzed by methods FAS-111 (Gold), and IMS-230 (multi element). Gold over 10 g/t was re-analysed with FAS-415 .

Normal QA/QC (Quality Assurance/Quality Control) procedures have been adhered to on all the samples, with standards, blanks and duplicates routinely submitted as part of the sampling program. The quality of sample preparation, security integrity and chemical assays was equal to, or exceeded, current industrial standards and the requirements of the JORC-code.  

This statement has been controlled by Eurogeologist Jani Rautio MSc. (Geol) acting as a Qualified Person in compliance with the Fennoscandian Association for Metals and Mining Professionals (FAMMP) -standards. Jani Rautio is a full-time employee of Endomines and owns 2,000 shares in Endomines.

Further information: 

Kari Vyhtinen  
CEO  
kari.vyhtinen@endomines.com  
+358 40 585 0050  

Jani Rautio  
Chief Technical Officer  
jani.rautio@endomines.com  
+358 50 593 0812  

Endomines Finland Plc is a Finnish forerunner in sustainable mining. Our mining operations in Pampalo, Ilomantsi region, focus on gold mining and processing, as well as exploration in the Karelian gold line, in Eastern Finland. We also own the rights to seven gold deposits in the US. We produce gold for the jewellery and electronics industries and create value by transforming natural resources into wealth, an investment that withstands the volatility of global politics. We are a growing mining company that embraces new ways of thinking; we want to leave a positive footprint where we operate, which is why our goal is to grow the Karelian gold line into a significant, sustainable gold-producing region. Endomines is listed on the main list of OMX Helsinki (PAMPALO). www.endomines.com.  

The Karelian Gold Line is 40 kilometers long, a gold prospective portion of the Ilomantsi greenstone belt located in Eastern Finland approximately 500 kilometers northeast of Helsinki. The area hosts several gold deposits, the largest known being Pampalo. Endomines controls extensively exploration rights across the Karelian Gold Line.

Endomines Finland Plc – Inside Information – 23.6.2025, at 14:45 EEST

Inside Information: Notice on the conversion of convertible loan into shares

Endomines has received a conversion notice related to convertible loans, based on which a total of EUR 248,295.88 will be converted to new shares of Endomines Finland Plc.

Hietamoor Oy will convert a total of EUR 124,164.38 to new Endomines Finland Plc shares. In accordance with the convertible loan agreement, the exchange price is approximately EUR 3.51 per share.

Eyemaker’s Finland Oy will convert a total of EUR 124,131.50 to new Endomines Finland Plc shares. In accordance with the convertible loan agreement, the exchange price is approximately EUR 3.51 per share.

The exchange price consists of the daily average price calculated at the share's closing price during 15 May 2023 – 15 June 2023 with a deduction of 15 per cent.

As a result of the conversions, 70,647 new Endomines Finland Plc shares will be registered and issued. The total number of shares and votes in Endomines increases from 11,022,388 shares and votes to 11,093,035 shares and votes. After registration, the new shares correspond to approximately 0.64 per cent of the company's total number of shares and votes.

Further information:
Minni Lempinen
CFO
Endomines Finland Plc
minni.lempinen@endomines.com
+358 40 769 3483

Endomines Finland Plc is a Finnish forerunner in sustainable mining. Our operations are focused on gold production and exploration in the Karelian Gold Line in Eastern Finland. We also own the rights to seven gold deposits in the United States. We produce gold for the jewellery and electronics industries and create value by turning natural resources into wealth; an investment that can withstand global political instability. Our vision is to develop the Karelian gold line into one of the most important and sustainable gold producing regions in the world. Endomines is listed on the OMX Helsinki (PAMPALO). www.endomines.com.

Endomines Finland Plc – 28/5/2025, at 10:00 EEST 

Inside information: The high-grade drilling result confirm that Ukkolanvaara area contains significant amounts of gold

In a stock exchange release published in February 2025, Endomines reported discovering a new gold potential zone in the Karelian Gold Line. In the release dated February 11, 2025, the company stated that significant amounts of gold had been assayed in bedrock samples taken from Ukkolanvaara, located in the Southern Gold Line.

Endomines has now executed the first drilling program in the Ukko-deposit and received the results of the first drill hole. The results are exceptional, as the same drill hole intersected three significant gold zones. At the same time, the first analysis result now confirms the presence of gold mineralization in Ukkolanvaara.

The results of Ukkolanvaara drill hole UKKO-001:

• Drill hole UKKO-001 intersected 30.95 m @ 3.28 g/t gold from 45.55 m
  • Including 9.35 m @ 7.08 g/t gold from 48.45 m
• Drill hole UKKO-001 intersected 20.00 m @ 1.60 g/t gold from 16.20 m
  • Including 1.75 m @ 5.52 g/t gold from 18.95 m
  • Including 3.05 m @ 4.07 g/t gold from 26.90 m
• Drill hole UKKO-001 intersected 6.30 m @ 2.67 g/t gold from 3.35 m
  • Including 1.20 m @ 9.90 g/t gold from 5.00 m

"An impressive result was achieved with the very first drill hole. The result confirms the great gold potential of the Ukko-deposit in Ukkolanvaara. Three such high-grade gold zones in the same drill hole is something we have never seen before in exploration. The plan was to conduct only a three to four-week research campaign in the area, but we have decided to continue the investigations indefinitely. The iron deposit in Ukkolanvaara is very extensive. Additionally, observations of visible gold in several drill holes indicate that gold is present over a wider area in connection with the iron deposit. We believe the gold discovery will prove to be significant,” comments Kari Vyhtinen, CEO of the company.

The significant drill intersections from the UKKO-001 drill hole are presented in Table 1 and the location of the exploration drill holes are presented in the map (Figure 1). All locations and coordinates used for this release rely on the planned coordinates. Definitive collar locations will be measured by a surveyor at the end of the drilling program.

Visible gold in drill holes, results to be completed soon

12 holes with a total length of 2930 meters have been drilled in Ukkolanvaara so far. Drilling is still ongoing, and the analysis results of other drill holes are pending. Based on visual inspection, visible gold has been observed in several of the currently drilled holes. This indicates that the gold mineralization extends over a wider area.

Due to its significant overall potential, the Ukkolanvaara area is now the company's primary exploration target for the 2025 drilling, base of till sampling, and geological mapping campaigns.

Geology of Ukkolanvaara

The most intense gold mineralization has been observed within tightly folded iron formation (BIF, Banded Iron Formation) where pyrrhotite replaces magnetite bands. To date, visible gold grains have been observed in four drill holes at Ukkolanvaara (UKKO-001, UKKO-002, UKKO-003 & UKKO-005). The alteration halo around the mineralization includes chlorite, carbonates green micas and iron sulphides.

Drilling technology and quality assurance  

All surface drilling has been carried out by MK Core Drilling Oy, using WL-76 tubes, resulting in a core of 57.5 mm in diameter. Drill hole locations will be surveyed after completion of the drilling program. All coordinates and maps used in this release reflect planned coordinates. A downhole survey of bearing and dip deviations has been completed with the DeviFlex survey tool. All cores have been oriented with the Reflex ACT3 equipment.

The drill cores have been logged by Endomines own personnel. The drill cores have been cut in half by Palsatech Oy in Kemi prior to the shipping to CRS’ laboratory in Kempele. Samples were sent to CRS' laboratory in Kempele for preparation (code PRP-929) and then sent to MS Analytical laboratory in Langley, Canada, where samples were analyzed by methods FAS-111 (Gold), and IMS-230 (multi element). Gold over 10 g/t was re-analysed with FAS-415 .

Normal QA/QC (Quality Assurance/Quality Control) procedures have been adhered to on all the samples, with standards, blanks and duplicates routinely submitted as part of the sampling program. The quality of sample preparation, security integrity and chemical assays was equal to, or exceeded, current industrial standards and the requirements of the JORC-code.  

This statement has been controlled by Eurogeologist Jani Rautio MSc. (Geol) acting as a Qualified Person in compliance with the Fennoscandian Association for Metals and Mining Professionals (FAMMP) -standards. Jani Rautio is a full-time employee of Endomines and owns 2,000 shares in Endomines.

Further information: 

Kari Vyhtinen  
CEO  
kari.vyhtinen@endomines.com  
+358 40 585 0050  

Jani Rautio  
Chief Technical Officer  
jani.rautio@endomines.com  
+358 50 593 0812  

Endomines Finland Plc is a Finnish forerunner in sustainable mining. Our mining operations in Pampalo, Ilomantsi region, focus on gold mining and processing, as well as exploration in the Karelian gold line, in Eastern Finland. We also own the rights to seven gold deposits in the US. We produce gold for the jewellery and electronics industries and create value by transforming natural resources into wealth, an investment that withstands the volatility of global politics. We are a growing mining company that embraces new ways of thinking; we want to leave a positive footprint where we operate, which is why our goal is to grow the Karelian gold line into a significant, sustainable gold-producing region. Endomines is listed on the main list of OMX Helsinki (PAMPALO). www.endomines.com.  

The Karelian Gold Line is 40 kilometers long, a gold prospective portion of the Ilomantsi greenstone belt located in Eastern Finland approximately 500 kilometers northeast of Helsinki. The area hosts several gold deposits, the largest known being Pampalo. Endomines controls extensively exploration rights across the Karelian Gold Line.

Endomines Finland Oyj – Inside Information – 20.5.2025, at 12:00 EEST

Inside Information: Endomines publishes its updated strategy for 2025–2029: Aiming for significant growth in gold production and resources

Endomines Finland Oyj is entering a new phase, focusing on bringing new projects into production and significantly expanding the company. The goal is to open a new production facility or expand the current Pampalo facility after the strategy period, around 2030. With this expansion, the company aims for a 500–700% increase in gold production compared to the 2024 production levels.

Endomines' Board of Directors has today approved the company's long-term targets and updated strategy for 2025–2029.

Endomines' long-term targets:

• 1.5–2.0 million oz gold resources will be defined on the Karelian Gold Line by the end of 2030.
• Annual gold production level of 70,000-100,000 ounces around 2030.
• Initiation of production of tungsten, a critical mineral listed by the EU, and molybdenum, an important industrial mineral, around 2030.
• Fossil-free gold production by 2035.

Endomines' updated strategy for 2025–2029:

• Pampalo production is the engine of our performance and future scale.
• Exploration enables the long-term growth in production volumes.
• Critical minerals at Karelian Gold Line is our emerging exploration area.
• Financial stability supports our growth phase.
• Sustainability is the backbone of all our operations.

"Endomines last updated its strategy in 2022. Since then, we have achieved a significant turnaround both financially and in production: in two years, we have increased our revenue by 113% and our gold resources by 148%. However, our goals are much higher. We are now entering a new phase aimed at significant expansion around 2030, when we also aim to start production of tungsten and molybdenum. The goal is to achieve significant growth in gold production through a new Southern Gold Line production facility or the expansion of Pampalo operations, with ore mainly coming from the Southern Gold Line. The actions during the strategy period are aimed at achieving our long-term goals around 2030," says CEO Kari Vyhtinen.

Critical minerals as a focus area alongside gold on the Karelian Gold Line

In the updated strategy, critical minerals listed by the EU have been elevated as a research area for Endomines on the Karelian Gold Line alongside gold. The company has reported finding tungsten, a critical mineral listed by the EU, and molybdenum, needed in many industrial sectors, in the Southern Gold Line deposits. The company aims to start production of these minerals simultaneously with the increase in gold production levels.

Financial stability secures growth phase

Long-term financing solutions ensure the achievement of growth targets, and therefore the company emphasizes the importance of financial stability in its strategy.

"Sustainable financing solutions are a key pillar of our operations on our journey towards becoming a larger-scale company. An example of this is the EUR 12 million financing package we agreed on April 30, 2025. We want to stand out from companies that require multiple annual financing rounds to achieve their operational goals," says Vyhtinen.

Sustainability is the backbone of our operations

As a pioneer in sustainable mining, Endomines takes responsibility for the environmental and social impacts of its business. The company aims to be a leader in setting and implementing sustainability goals. Endomines updated its sustainability program at the end of 2024. The new sustainability program focuses on carbon-free gold, clean water, biodiversity conservation, employee safety and well-being, community trust, and promoting ethical practices in governance.

"Especially in the upcoming phase of accelerated growth, sustainability and anticipating future expectations become even more important. Sustainable practices, technologies, and innovations must be considered in the planning and implementation of new operations. To ensure continuous stakeholder trust and secure our social license to operate, it is crucial for us to act correctly, respecting people and the environment," says Vyhtinen.

Management team expands with the new strategy

To support the implementation of the new strategy, Endomines is expanding its management team. During May, the company's Chief Communications Officer Anni Turpeinen and Chief Sustainability Officer Hanne Mäkelä, who started on May 12, 2025, have joined the management team. In addition to CEO Kari Vyhtinen, the management team continues to include CFO Minni Lempinen, COO Ilkka Räty, CDO Sampo Hirvonen, and Jani Rautio. Jani Rautio's role will change from Chief Geologist to CTO. This change enables influence on long-term production plans and development projects, in addition to exploration.

"The expanded management team brings diversity to our operations and strengthens the company's overall capabilities. Sustainability is a key part of our strategy, and Hanne Mäkelä's strong experience in implementing sustainability programs will enable the smooth integration of our sustainability goals into our expansion projects. Additionally, Mäkelä will be responsible for the company's HR, and her experience will bring additional expertise in developing employee well-being. Communication is extremely important for a listed, responsibly operating company, and Turpeinen's appointment to the management team is a natural continuation of the well-executed communication work," says Vyhtinen.

Endomines presents strategy and goals in webcast event

Endomines will present its updated strategy and new long-term goals today, Tuesday, May 20, 2025, from 15:00 to 16:00 in a webcast event. The event can be followed live via webcast here: https://endomines.videosync.fi/strategy-2025-2029 or as a recording after the event at  https://endomines.com/en/for-investors/reports-and-presentations/. During the event, the audience will have the opportunity to ask questions. The language of the webcast event is English.

Lisätiedot:

Kari Vyhtinen
CEO
Endomines Finland Oyj
kari.vyhtinen@endomines.com
+358 40 585 0050

Endomines Finland Oyj on suomalainen, kestävän kaivostoiminnan edelläkävijä. Toimintamme keskittyy kullan tuotantoon ja malminetsintään Karjalan kultalinjalla, Itä-Suomessa. Omistamme myös oikeudet seitsemään kultaesiintymään Yhdysvalloissa. Tuotamme kultaa koru- ja elektroniikkateollisuudelle, ja luomme arvoa muuttamalla luonnonvarat vauraudeksi, sijoitukseksi, joka kestää maailmanpolitiikan epävakauden. Visiomme on kehittää Karjalan kultalinjasta yksi maailman merkittävimmistä ja kestävimmistä kullantuotantoalueista. Endomines on listattu OMX Helsingin päälistalle (PAMPALO). www.endomines.com.

Endomines Finland Plc – Press Release, Investor News, 14/5/2025, at 17:15 EEST

Endomines Finland Plc will publish updated strategy for 2025–2029 – an invitation to a webcast

Endomines Finland Plc will publish its updated strategy for 2025–2029 on Tuesday, May 20, 2025, at approximately 12:00 EEST.

Webcast on Tuesday, May 20, 2025, at 15:00 EEST.

At the event, Endomines Finland Oyj's CEO Kari Vyhtinen will present the updated strategy and new long-term goals to investors, analysts, and the media. You can participate in the event at: https://endomines.videosync.fi/strategy-2025-2029. There will be an open Q&A session via chat.

A recording of the presentation will be available after the event on the Endomines website, and the presentation material will be available after the event at: https://endomines.com/en/for-investors/reports-and-presentations/.

Further information:
Anni Turpeinen 
Chief Communications Officer
+358 50 554 1543 
anni.turpeinen@endomines.com 

Endomines Finland Plc is a Finnish forerunner in sustainable mining. Our operations are focused on gold production and exploration in the Karelian Gold Line in Eastern Finland. We also own the rights to seven gold deposits in the US. We produce gold for the jewellery and electronics industries and create value by turning natural resources into wealth, and we also create value by transforming natural resources into wealth, an investment that can withstand the volatility of global politics. Our vision is to develop the Karelian gold line into one of the most important and sustainable gold-producing regions in the world. Endomines is listed on the OMX Helsinki main list (PAMPALO). www.endomines.com.

Endomines Finland Plc, Stock Exchange Release, 13/5/2025 at 17:15 EEST.

Resolutions of Endomines Finland Plc's Annual General Meeting and the organizing meeting of the Board of Directors

The Annual General Meeting of Endomines Finland Plc was held on May 13^th, 2025, in Helsinki.

Financial statements for the fiscal year 2024

The General Meeting adopted the financial statements for the fiscal period 2024 and resolved that the net loss of the financial period, EUR -2,022,283.77, be transferred to retained earnings/loss account and no dividend be paid.

Resolution on the discharge from liability of the members of the Board of Directors and the CEO 

The General Meeting resolved to grant discharge from liability for the members of the Board of Directors and the CEO for the period 1 January 2024 – 31 December 2024 as well as for the preparation of the financial statements.

Handling of the remuneration report of the governing bodies

The General Meeting resolved, in accordance with the Board’s proposal, to adopt the remuneration report of the governing bodies. The resolution of the General Meeting is advisory.

Resolution on remuneration of the members of the Board of Directors 

The General Meeting resolved, in accordance with the proposal of the Shareholders’ Nomination Committee, that the elected members of the Board of Directors will be paid the following annual remuneration that is in line with the previous year's Board remuneration:

- Chair of the Board of Directors EUR 35,000;

- Vice Chair of the Board of Directors EUR 25,000; and

- member of the Board of Directors EUR 20,000.

The annual remuneration of the Board members will be paid in company shares and in cash, so that approximately 30% of the annual remuneration amount is used to acquire company shares for the Board members and the rest is paid in cash. The company is responsible for the costs and transfer tax arising from the acquisition of the shares. The company's shares will be acquired directly on behalf of the members of the Board within two (2) weeks after the company's half-year interim report for the period 1 January – 30 June 2025 has been published.

In addition, a meeting remuneration of EUR 300 will be paid for each physical Board meeting attended by a member.

Remuneration for committee members (ESG Committee, the Audit Committee, the Technology and Safety Committee) is EUR 2,500 per Board member per committee in which the Board member serves. The annual remuneration of the chair of the committees is EUR 5,000.

Annual remunerations for committees and meeting remunerations for Board meetings are paid in cash.

Resolution on the number of members of the Board of Directors and the election of members of the Board of Directors

The General Meeting resolved, in accordance with the proposal of the Shareholders’ Nomination Committee, to confirm the number of members of the Board of Directors as five (5) and to re-elect the current members of the Board Jukka-Pekka Joensuu, Eeva Ruokonen, Markus Ekberg and Jukka Jokela as members of the Board of Directors. Kyösti Kakkonen was elected as a new member of the Board of Directors.

Resolution on the remuneration of the Auditor and the election of the Auditor

The General Meeting resolved, in accordance with the recommendation of the Audit Committee, to elect the audit firm KPMG Oy Ab as the auditor, which had announced that it will appoint Antti Kääriäinen, Authorised Public Accountant, as the principal auditor. The auditor’s fees will be paid according to the auditor’s reasonable invoice approved by the company.

Authorizing the Board of Directors to decide on the acquisition of the company's own shares

The General Meeting resolved, in accordance with the Board’s proposal, to authorize the Board of Directors to decide on the acquisition of a maximum of 100,000 own shares in one or more installments. The amount corresponds to approximately 1% of all of the company's shares. The company’s own shares are acquired with funds from the company's unrestricted equity, which means that the acquisitions reduce the funds available for the company's profit distribution. The company’s own shares can be acquired on the day of acquisition at the price established for the shares in public trading or otherwise at the price established in the market. Own shares can be acquired other than in proportion to the shares owned by the shareholders (directed acquisition). Own shares acquired for the company can be kept by the company, cancelled, or transferred further. The authorization includes the Board's right to decide on how own shares are acquired and on all other matters related to the acquisition of own shares. The authorization is valid until 30 June 2026.

Authorizing the Board of Directors to decide on the issue of shares and the issuance of stock options and other special rights entitling to shares

The General Meeting resolved, in accordance with the Board’s proposal, to authorize the Board of Directors to decide on the issuance of shares, option rights, and other special rights entitling to shares referred to in Chapter 10, Section 1 of the Companies Act as follows: The shares may be issued in one or more tranches. The number of shares to be issued under the authorization may in total amount to a maximum of 10,000,000 shares. The shares may be either new shares or the company’s own shares held by the company. The Board of Directors was authorized to decide on all terms and conditions for share issues and the issuances of option rights and other special rights entitling to shares. Share issues and the issuance of option rights and other special rights entitling to shares may be carried out in deviation from the shareholders' pre-emptive subscription rights (directed issue) if there is a serious financial reason for the company to do so. In the company's share issues, shares may be transferred either for a fee or free of charge. A directed share issue may only be free of charge if there is a particularly compelling financial reason for it from the company's perspective and considering the interests of all its shareholders. The authorization is valid until 31 December 2027 and cancels the authorizations previously granted to the Board of Directors to decide on share issues and the issuance of option rights and other special rights entitling to shares.

The resolutions of the organizing meeting of the Board of Directors

The Board of Directors that was elected in the General Meeting held its organizing meeting after the General Meeting and elected from amongst its members Jukka-Pekka Joensuu as the Chair of the Board and Kyösti Kakkonen as the Vice Chair of the Board. Eeva Ruokonen was elected as the Chair and Jukka-Pekka Joensuu as a member of the ESG Committee; Jukka-Pekka Joensuu was elected as the Chair and Markus Ekberg as a member of the Audit Committee; and Markus Ekberg was elected as the Chair and Jukka Jokela as a member of the Technical and Safety Committee. 

Further information

Kari Vyhtinen
CEO
Endomines Finland Plc
p. +358 40 585 0050
kari.vyhtinen@endomines.com

Minni Lempinen
CFO
Endomines Finland Oyj
p. +358 40 769 3483
minni.lempinen@endomines.com

Endomines Finland Plc is a Finnish forerunner in sustainable mining. Our operations are focused on gold production and exploration in the Karelian Gold Line in Eastern Finland. We also own the rights to seven gold deposits in the US. We produce gold for the jewellery and electronics industries, and we also create value by transforming natural resources into wealth, an investment that can withstand the volatility of global politics. Our vision is to develop the Karelian gold line into one of the most important and sustainable gold-producing regions in the world. Endomines is listed on the Nasdaq Helsinki main list (PAMPALO). www.endomines.com.

Endomines Finland Plc – Inside Information – 9.5.2025, at 15:30 EEST

Inside Information: Notice on the conversion of convertible loan into shares

Endomines has received a conversion notice related to convertible loans, based on which a total of EUR 1,050,000 will be converted to new shares of Endomines Finland Plc.

Joensuun Kauppa ja Kone Oy will convert a total of EUR 650,000 to new Endomines Finland Plc shares. In accordance with the convertible loan agreement, the exchange price is approximately EUR 13.02 per share.

Hietamoor Oy will convert a total of EUR 200,000 to new Endomines Finland Plc shares. In accordance with the convertible loan agreement, the exchange price is approximately EUR 13.02 per share.

K22 Finance Oy will convert a total of EUR 200,000 to new Endomines Finland Plc shares. In accordance with the convertible loan agreement, the exchange price is approximately EUR 13.02 per share.

The exchange price consists of the daily average price calculated at the share's closing price during the 10 trading days preceding the day of the conversion notice, minus 18 percent.

As a result of the conversions, 80,614 new Endomines Finland Plc shares will be registered and issued. The total number of shares and votes in Endomines increases from 10,941,774 shares and votes to 11,022,388 shares and votes. After registration, the new shares correspond to approximately 0.73 percent of the company's total number of shares and votes.

Further information:

Minni Lempinen
CFO
Endomines Finland Plc
minni.lempinen@endomines.com
+358 40 769 3483

Endomines Finland Plc is a Finnish forerunner in sustainable mining. Our operations are focused on gold production and exploration in the Karelian Gold Line in Eastern Finland. We also own the rights to seven gold deposits in the United States. We produce gold for the jewellery and electronics industries and create value by turning natural resources into wealth; an investment that can withstand global political instability. Our vision is to develop the Karelian gold line into one of the most important and sustainable gold producing regions in the world. Endomines is listed on the OMX Helsinki (PAMPALO). www.endomines.com.

Endomines Finland Plc – Inside information – 30, April 2025 at 13:30 EEST

Inside Information: Endomines Finland Oyj has agreed on a new long-term financing arrangement valued at up to 12 million euros

Endomines Finland Plc (“Endomines” or the “Company”), in accordance with its previously announced plan on 13 January 2025, has signed an agreement with LocalTapiola, a Finnish Pension Insurance Company and Pohjois-Karjalan Osuuspankki for a new long-term financing arrangement, up to a maximum size of EUR 12 million. The agreement includes a secured loan of up to EUR 8 million, with the principal amount due on December 15, 2028. In addition, the Company has agreed with Pohjois-Karjalan Osuuspankki on an account limit of EUR 3 million and bank guarantee and financing limits totalling a maximum of EUR 1 million.

This financing complements Endomines' previous financing arrangements made through convertible bonds with the Company's largest shareholders.

“We have achieved a significant change in both our operations and financial results over the past two years. Endomines has entered a new phase where we focus on significantly increasing domestic and responsible gold production. Our goal is to raise annual gold production from over 14,300 ounces last year to 70,000–100,000 ounces by around 2030," says the company's CEO Kari Vyhtinen.

"Our exploration activities have yielded excellent results, and we will continue them actively in the future. The growth in gold resources resulting from exploration allows us to increase our production. Additionally, our goal is to explore the production of tungsten, a critical mineral listed by the European Union, and molybdenum in conjunction with the expansion of our operations. The newly signed financing arrangement provides long-term security for the company's operations and enables us to achieve our goals. We operate in a very strong gold market, and therefore the flexibility of the financing arrangement is an important element for us. In accordance with our sustainability program, we always prioritize local, responsibly operating partners, so transitioning to Pohjois-Karjalan Osuuspankki as a customer is particularly important for us. I am very pleased with the agreed financing package and our new financing partners," Vyhtinen continues.

Further information:

Kari Vyhtinen 
CEO 
Endomines Finland Oyj
kari.vyhtinen@endomines.com 
+358 40 585 0050 

Minni Lempinen  
CFO
Endomines Finland Oyj
minni.lempinen@endomines.com
+358 40 769 3483

Endomines Finland Plc is a Finnish forerunner in sustainable mining. Our mining operations in Pampalo, Ilomantsi region, focus on gold mining and processing, as well as exploration in the Karelian gold line, in Eastern Finland. We also own the rights to seven gold deposits in the US. We produce gold for the jewellery and electronics industries and create value by transforming natural resources into wealth, an investment that withstands the volatility of global politics. We are a growing mining company that embraces new ways of thinking; we want to leave a positive footprint where we operate, which is why our goal is to grow the Karelian gold line into a significant, sustainable gold-producing region. Endomines is listed on the main list of OMX Helsinki (PAMPALO). www.endomines.com. 

Endomines Finland Plc – Investor News – 25/4/2025, at 13.30 EEST

Endomines Finland Plc's Sustainability Report 2024 has been published

Endomines’ sustainability report for 2024 is now published, and it is available as an attachment to this release, and on the company's website at https://endomines.com/en/for-investors/reports-and-presentations/

Further information:
Anni Turpeinen
Communications Manager
Endomines Finland Oyj
anni.turpeinen@endomines.com
tel. +358 50 554 1543

Endomines Finland Plc is a Finnish forerunner in sustainable mining. Our operations are focused on gold production and exploration in the Karelian Gold Line in Eastern Finland. We also own the rights to seven gold deposits in the US. We produce gold for the jewellery and electronics industries and create value by turning natural resources into wealth, and we also create value by transforming natural resources into wealth, an investment that can withstand the volatility of global politics. Our vision is to develop the Karelian gold line into one of the most important and sustainable gold-producing regions in the world. Endomines is listed on the OMX Helsinki main list (PAMPALO). www.endomines.com.

Endomines Finland Plc – Inside Information – 22.4.2025, at 12:00 EEST

Inside Information: Notice on the conversion of convertible loan into shares

Endomines has received a conversion notice related to convertible loans, based on which a total of EUR 109,506.85 will be converted to new shares of Endomines Finland Plc.

Eyemaker’s Finland Oy will convert a total of EUR 109,506.85 to new Endomines Finland Plc shares. In accordance with the convertible loan agreement, the exchange price is approximately EUR 12.59 per share.

The exchange price consists of the daily average price calculated at the share's closing price during the 10 trading days preceding the day of the conversion notice, minus 18 percent.

As a result of the conversions, 8,697 new Endomines Finland Plc shares will be registered and issued. The total number of shares and votes in Endomines increases from 10,933,077 shares and votes to 10,941,774 shares and votes. After registration, the new shares correspond to approximately 0.08 percent of the company's total number of shares and votes.

Further information:
Minni Lempinen
CFO
Endomines Finland Plc
minni.lempinen@endomines.com
+358 40 769 3483

Endomines Finland Plc is a Finnish forerunner in sustainable mining. Our operations are focused on gold production and exploration in the Karelian Gold Line in Eastern Finland. We also own the rights to seven gold deposits in the United States. We produce gold for the jewellery and electronics industries and create value by turning natural resources into wealth; an investment that can withstand global political instability. Our vision is to develop the Karelian gold line into one of the most important and sustainable gold producing regions in the world. Endomines is listed on the OMX Helsinki (PAMPALO). www.endomines.com.

Endomines Finland Plc – Stock Exchange Release – 11.4.2025, at 12:15 EEST

Notice to the Annual General Meeting of Endomines Finland Plc

The shareholders of Endomines Finland Plc are invited to the Annual General Meeting to be held on Tuesday, May 13^th, 2025, at 14.00 (EEST) at Helsinki Music Centre, Glazed Foyer, at the address Mannerheimintie 13a, Helsinki, Finland. The reception of shareholders who have registered for the meeting and distribution of ballot papers will start at 13.15. (EEST) at the meeting venue.

The meeting is held as a hybrid meeting in accordance with Chapter 5, Section 16 (2) of the Finnish Limited Liability Companies Act. As an alternative to attending the General Meeting at the meeting venue, shareholders can also exercise their rights fully during the meeting remotely. Instructions for remote participation are set out in Part C of this notice to the General Meeting.

A. Matters to be discussed at the General Meeting

The General Meeting will discuss the following matters:

1. Opening the meeting

2. Matters of order for the meeting

3. Election of the persons to scrutinize the minutes and to supervise the counting of votes

4. Recording the legal convening of the meeting and quorum

5. Establishment of the persons present and confirmation of the voting list

6. Presentation of the financial statements, including consolidated financial statements and annual report as well as auditor's report for the financial year 1.1.–31.12.2024

- Presentation of the CEO's review.

The financial statements, which include the consolidated financial statements, the annual report, and the auditor's report, are available on the company's website at https://endomines.com/en/for-investors/governance/annual-general-meeting-2025/

7. Adoption of the financial statements

8. Resolution on the use of the profit shown on the balance sheet and the distribution of dividend

The Board of Directors proposes that the net loss of EUR -2,022,283.77 be transferred to the retained earnings/loss account and that no dividend be paid.

9. Resolution on the discharge of the members of the Board of Directors and CEO from liability

10. Handling of the remuneration report for governing bodies

The Board of Directors proposes that the General Meeting adopts the remuneration report for the governing bodies for the year 2024. According to the Limited Liability Companies Act, the decision is advisory.

The remuneration report for the governing bodies is available on the company's website at https://endomines.com/en/for-investors/governance/annual-general-meeting-2025/

11. Resolution on the remuneration of the members of the Board of Directors

The Shareholders' Nomination Board proposes that the annual remuneration of the Board members be as follows, in accordance with the previous year's Board remuneration:

- The chairman of the Board of Directors EUR 35,000

- The Vice Chairman of the Board of Directors EUR 25,000

- The member of the Board of Directors EUR 20,000

The Nomination Board proposes that the annual remuneration of the Board members be paid in company shares and in cash, so that approximately 30% of the annual remuneration amount is used to acquire company shares for the Board members and the rest is paid in cash. The company is responsible for the costs and transfer tax arising from the acquisition of the shares. The company's shares will be acquired within two (2) weeks after the company's interim report for the period 1 January - 30 June 2025 has been published.

In addition, a meeting remuneration of EUR 300 is proposed for each physical Board meeting per member who attended the meeting.

Remuneration for committee members (ESG Committee, the Audit Committee, the Technology and Safety Committee) is EUR 2,500 per Board member per committee in which the Board member serves. The annual remuneration of the chair of the committees is proposed as EUR 5,000. Annual remunerations for committees and meeting remunerations for Board meetings are paid in cash.

12. Resolution on the number of members of the Board of Directors

The Shareholders' Nomination Board proposes that five (5) members be elected to the Board of Directors.

13. Election of members of the Board of Directors

The Shareholders' Nomination Committee proposes the re-election of the current members of the Board of Directors Jukka-Pekka Joensuu, Markus Ekberg, Eeva Ruokonen and Jukka Jokela for a new term, and the election of Kyösti Kakkonen as a new member. Jeremy Read has announced that he is not available for re-election. The Shareholders' Nomination Committee recommends the re-election of Jukka-Pekka Joensuu as Chairman of the Board of Directors and the election of Kyösti Kakkonen as Vice Chairman of the Board of Directors. The term of the members will continue until the end of the next Annual General Meeting. All proposed Board members have given their consent to the election.

Kyösti Kakkonen is a significant figure in Finnish Business and holds a substantial ownership stake in Endomines Finland Oyj.

Jukka-Pekka Joensuu, Markus Ekberg, Eeva Ruokonen, and Jukka Jokela are independent of the company and its significant shareholders. Kyösti Kakkonen is independent of the company but not of its significant shareholders.

Specific information about the Board of Directors is presented on the company's website at https://endomines.com/en/for-investors/governance/board-of-directors/.

When making the proposal, the Shareholders' Nomination Board has taken into account the diversity policy of the company's Board of Directors and the fact that the persons to be selected have sufficient competence and experience in matters related to the company's industry and business.

14. Resolution on the remuneration of the auditor

The Board of Directors proposes, on the recommendation of the Audit Committee, that the auditor’s fees be paid according to the auditor’s reasonable invoice approved by the company.

15. Election of the auditor

The Board of Directors proposes, on the recommendation of the Audit Committee, that auditing firm KPMG Oy Ab, be re-elected as the company's auditor. KPMG Oy Ab has informed that the principal auditor will be Antti Kääriäinen, Authorised Public Accountant. The term of office of the auditor ends at the closing of the Annual General Meeting following the election.

16. Authorizing the Board of Directors to decide on the acquisition of the company's own shares

The Board of Directors proposes that it be authorized to decide on the acquisition of a maximum of 100,000 own shares in one or more installments. The amount corresponds to approximately 1 % of all the company's shares. Own shares are acquired with funds belonging to the company's unrestricted equity, in which case the acquisitions reduce the funds available for the company's profit distribution. Own shares can be acquired on the day of acquisition at the price established for the shares in public trading or otherwise at the price established in the market. Own shares can be acquired other than in proportion to the shares owned by the shareholders (directed acquisition). Own shares acquired for the company can be kept by the company, canceled, or transferred further. The authorization includes the Board's right to decide how own shares are acquired and all other matters related to the acquisition of own shares. The authorization is proposed to be valid until 30 June 2026.

17. Board's proposal to authorize the Board of Directors to decide on the issue of shares and the issuance of stock options and other special rights entitling to shares

The Board of Directors proposes that it be authorized to decide on the issue of shares in one or more installments and the issuance of stock options and other 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 under the authorization may in total amount to a maximum of 10,000,000 shares. The shares may be either new or treasury shares held by the company. The Board of Directors shall decide on all terms and conditions for the issuance of stock options and other special rights entitling to shares. Share issues and the issuance of stock options and other special rights entitling to shares may be carried out in deviation from the shareholders' pre-emptive subscription rights (directed issue) if there is a weighty financial reason for the company to do so. In the company's share issues, shares may be transferred either for a fee or free of charge. A directed share issue may only be free of charge if there is a particularly compelling financial reason for it from the company's perspective and taking into account the interests of all its shareholders. The authorization is valid until 31 December 2027 and repeals the authorizations previously granted to the Board of Directors to decide on share issues and the issuance of stock options and other special rights entitling to shares.

18. Closing the meeting

B. Documents of the General Meeting

This notice of the General Meeting, which contains all the proposed resolutions on the agenda of the General Meeting, the financial statements of Endomines Finland Plc, which include the consolidated financial statements, the annual report, and the auditor's report, as well as the remuneration report are available on Endomines Finland Plc's website at https://endomines.com/en/for-investors/governance/annual-general-meeting-2025/. The above-mentioned documents will also be available for inspection at the General Meeting.

The minutes of the General Meeting will be available on the above-mentioned website from May 27^th, 2025, onwards.

C. Instructions for meeting participants

1. Shareholder registered in the shareholders' register

Shareholders who are registered in the shareholders' register of Euroclear Finland Oy on the record date of the General Meeting April 30^th, 2025, are entitled to participate in the General Meeting. A shareholder whose shares in the company are registered in his/her personal Finnish book-entry account is registered in the company's shareholders register. Changes in the shareholding after the record date of the General Meeting do not affect the right to participate in the General Meeting or the shareholder's voting rights.

Registration for the General Meeting starts on April 14^th, 2025, at 10.00 (EEST). A shareholder entered in the company's shareholders' register who wishes to attend the General Meeting must register no later than May 8^th, 2025, at 10.00 (EEST), by which time the registration must be received. You can register for the General Meeting:

a) via the company's website at https://endomines.com/en/for-investors/governance/annual-general-meeting-2025/. Electronic registration requires strong identification of the shareholder or his/her legal representative or proxy with a Finnish, Swedish, or Danish bank ID or mobile certificate.

b) by e-mail to Innovatics Oy to agm@innovatics.fi. Registering shareholder shall submit the registration form available on the company's website https://endomines.com/en/for-investors/governance/annual-general-meeting-2025/ or equivalent information.

c) by mail to Innovatics Oy to Innovatics Oy, General Meeting / Endomines Finland Plc, Ratamestarinkatu 13 A, FI-00520 Helsinki, Finland. Registering shareholder shall submit the registration form available on the company's website https://endomines.com/en/for-investors/governance/annual-general-meeting-2025/ or equivalent information.

When registering, the shareholder must provide the requested information, such as the shareholder's name, date of birth or business ID, contact details, the name of any assistant or proxy, and the proxy’s date of birth, email address and phone number as well as information on whether the shareholder or his/her proxy will attend the General Meeting in person or remotely. The personal data provided by shareholders to Endomines Finland Plc or Innovatics Oy will only be used in connection with the General Meeting and the processing of the necessary registrations related thereto.

The shareholder, his/her representative, or proxy must be able to prove his/her identity and/or right of representation at the meeting venue, if necessary.

Further information on registration is available by telephone during the registration period of the General Meeting by calling Innovatics Oy at +358 10 2818 909 on weekdays from 9.00 to 12.00 (EEST) and from 13.00 to 16.00 (EEST).

2. Holder of nominee-registered shares

A holder of nominee-registered shares is entitled to participate in the General Meeting on the basis of the shares which would entitle him/her to be entered in the shareholders' register kept by Euroclear Finland Oy on the record date for the General Meeting on April 30^th, 2025. Participation also requires that the shareholder is temporarily registered in the shareholders' register held by Euroclear Finland Oy by May 8^th, 2025, by 10.00 (EEST) at the latest. In the case of nominee-registered shares, this is considered as registration for the General Meeting. Changes in the shareholding after the record date of the General Meeting do not affect the right to participate in the General Meeting or the shareholder's voting rights.

The holder of nominee-registered shares is advised to request well in advance the necessary instructions from his/her custodian bank regarding the temporary registration in the register of shareholders, the issuing of proxies and voting instructions, registration, and attendance at the General Meeting. The account manager of the custodian bank shall register the holder of nominee-registered shares who wishes to attend the General Meeting temporarily in the register of shareholders of the company by the aforementioned date and time at the latest. Further information is also available on the company's website at https://endomines.com/en/for-investors/governance/annual-general-meeting-2025/. A holder of nominee-registered shares who has registered for the General Meeting may also participate in the meeting in real-time using a telecommunication connection and technical means. In addition to the temporary registration in the company’s shareholders’ register, the real-time participation in the meeting requires the submission of the shareholder’s e-mail address and telephone number and, if necessary, a proxy document and other documents necessary to prove the right of representation to by regular mail to Innovatics Oy, General Meeting / Endomines Finland Plc, Ratamestarinkatu 13 A, FI-00520 Helsinki, Finland or by email to agm@innovatics.fi before the end of the registration period for the holders of nominee registered shares, so that the shareholders can be sent a participation link and password to participate in the meeting.

3. Proxy representatives and powers of attorney

A shareholder may attend the General Meeting and exercise his/her rights there through a proxy representative. The proxy representative must authenticate to the electronic registration service personally with strong authentication, after which he/she will be able to register on behalf of the shareholder that he/she represents. The shareholder's proxy must present dated proxy documents, or otherwise in a reliable manner prove that he/she is entitled to represent the shareholder at the General Meeting. You can prove your right to representation by using the suomi.fi e-Authorizations service available in the electronic registration service.

Model proxy documents and voting instructions are available on the company's website https://endomines.com/en/for-investors/governance/annual-general-meeting-2025/. If a shareholder participates in the General Meeting through several proxies representing the shareholder with shares held in different securities accounts, the shares on the basis of which each proxy represents the shareholder shall be identified in connection with the registration.

Any proxy documents are requested to be submitted preferably as an attachment with the electronic registration or alternatively by mail to Innovatics Oy, General Meeting / Endomines Finland Plc, Ratamestarinkatu 13 A, FI-00520 Helsinki, Finland or by e-mail to agm@innovatics.fi before the end of the registration period. In addition to submitting the proxy documents, the shareholder or his/her proxy shall register for the General Meeting in the manner described above in this notice.

4. Remote participation in the meeting

A shareholder entitled to attend a General Meeting may participate in the meeting and exercise his/her rights fully during the meeting not only by attending at the meeting venue but also by remote access.

A shareholder or proxy who has registered to attend the General Meeting at the meeting venue may change their participation to remote participation. There is no need to notify the company of the change separately. Remote participation takes place via a remote participation link sent to the telephone number and e-mail address provided when registering for the General Meeting. A shareholder or proxy who has registered to attend the General Meeting via remote participation may not change his/her participation to take place at the meeting venue.

Remote access to the General Meeting will be provided through Inderes Plc's general meeting service on the Videosync platform, which includes video and audio access to the General Meeting. Remote access does not require any paid software or downloads. In addition to an internet connection, participation requires a computer, smartphone, or tablet with speakers or headphones for sound and a microphone if you want to speak. One of the following browsers is recommended for participation: Chrome, Firefox, Edge, Safari, or Opera. It is advisable to log in to the meeting system well in advance of the meeting.

The participation link and password for remote participation will be sent by e-mail and SMS to the e-mail address and mobile phone number provided at the time of registration to all those who have registered for the General Meeting no later than the day before the General Meeting.

For more information on the general meeting service, additional instructions for proxies representing more than one shareholder, contact details of the service provider and instructions in case of possible disruptions can be found here: https://b2b.inderes.com/knowledge-base/inderes-agm-solutions. A link to test the compatibility of your computer, smartphone, or tablet with the network connection can be found here: https://demo.videosync.fi/agm-compatibility?language=en. It is recommended that you read the detailed participation instructions before the meeting.

5. Other instructions/information

The meeting language is Finnish, simultaneous interpretation is not available.

Shareholders present at the General Meeting have the right to ask questions about the matters discussed at the meeting in accordance with Chapter 5, Section 25 of the Finnish Limited Liability Companies Act.

Changes in the shareholding after the record date of the General Meeting do not affect the right to participate in the General Meeting or the shareholder's voting rights.

On the date of the notice to the General Meeting on April 11^th, 2025, Endomines Finland Plc has a total of 10,928,936 shares representing the same number of votes. The company holds a total of 5,430 of its own shares which are not entitled to vote at the General Meeting.

Coffee is served at the beginning of the meeting.

In Espoo, April 11^th, 2025

Endomines Finland Plc

BOARD OF DIRECTORS

Lisätietoja
Anni Turpeinen
Communications Manager
Endomines Finland Oyj
anni.turpeinen@endomines.com
+358 50 554 1543

Endomines Finland Plc is a Finnish forerunner in sustainable mining. Our operations are focused on gold production and exploration in the Karelian Gold Line in Eastern Finland. We also own the rights to seven gold deposits in the US. We produce gold for the jewellery and electronics industries and create value by turning natural resources into wealth, and we also create value by transforming natural resources into wealth, an investment that can withstand the volatility of global politics. Our vision is to develop the Karelian gold line into one of the most important and sustainable gold-producing regions in the world. Endomines is listed on the OMX Helsinki main list (PAMPALO). www.endomines.com.

Endomines Finland Plc – Inside Information – 4.4.2025, at 11:45 EET

Inside Information: Notice on the conversion of convertible loan into shares

Endomines has received a conversion notice related to convertible loans, based on which a total of EUR 54,958.90 will be converted to new shares of Endomines Finland Plc.

Vikakono Oy will convert a total of EUR 54,958.90 to new Endomines Finland Plc shares. In accordance with the convertible loan agreement, the exchange price is approximately EUR 13.27 per share.

The exchange price consists of the daily average price calculated at the share's closing price during the 10 trading days preceding the day of the conversion notice, minus 18 percent.

As a result of the conversions, 4,141 new Endomines Finland Plc shares will be registered and issued. The total number of shares and votes in Endomines increases from 10,928,936 shares and votes to 10,933,077 shares and votes. After registration, the new shares correspond to approximately 0.04 percent of the company's total number of shares and votes.

Further information:
Minni Lempinen
CFO
Endomines Finland Plc
minni.lempinen@endomines.com
+358 40 769 3483

Endomines Finland Plc is a Finnish forerunner in sustainable mining. Our operations are focused on gold production and exploration in the Karelian Gold Line in Eastern Finland. We also own the rights to seven gold deposits in the United States. We produce gold for the jewellery and electronics industries and create value by turning natural resources into wealth; an investment that can withstand global political instability. Our vision is to develop the Karelian gold line into one of the most important and sustainable gold producing regions in the world. Endomines is listed on the OMX Helsinki (PAMPALO). www.endomines.com.