Insider guidelines

Insider guidelines
Lassila & Tikanoja plc complies with valid EU regulations, especially the Market Abuse Regulation (596/2014, ”MAR”), other EU regulations supplementing the MAR and the instructions of the European Securities and Markets Authority. In addition, L&T complies with Finnish legislation, especially the Securities Markets Act (746/2012 and amendments) and the Criminal Code (39/1889 and amendments), the instructions of the Financial Supervisory Authority and the valid Guidelines for Insiders issued by Nasdaq Helsinki Oy. The Board of Lassila & Tikanoja plc has also verified insider guidelines to supplement the Guidelines for Insiders issued by Nasdaq Helsinki Oy.

Insiders
The Market Abuse Regulation entered into force on 3 July 2016. As a result of MAR, L&T no longer has a public insider list. L&T also no longer maintains a permanent, company-specific insider register. Instead, the persons involved in insider projects are listed in project- and event-specific insider lists.


Transactions of managers
L&T has defined the members of the Board of Directors and the President and CEO as persons discharging managerial responsibilities with the obligation to notify transactions (“managers”) in accordance with MAR. These managers and the persons closely associated with them are required to notify L&T and the Finnish Financial Supervisory Authority of all transactions involving financial instruments issued by L&T or related to L&T. L&T publishes the transactions of managers and the persons closely associated with them as stock exchange releases in accordance with MAR. These releases of transactions are available here.

Closed period
L&T’s managers may not trade in L&T’s financial instruments on their own account or for the account of a third party for a closed period of 30 days preceding the publication of the company’s interim reports, half-year report and financial statements release, including the date of publication. The closed period preceding result announcements and the restriction of trading during the closed period also apply to the persons who participate in the preparation of interim reports and the financial statements release, or who otherwise have regular access to L&T’s undisclosed financial information. The information on closed periods is published annually as a stock exchange release.