Organizational Meeting of SATO Corporation’s Board of Directors

21 March 2024

SATO Corporation, Stock Exchange release, 21 March 2024 at 3:30 pm

On 21 March 2024, the SATO Corporation’s Annual General Meeting elected Erik Selin to serve as Chair of the Board of Directors of SATO Corporation.

At its organizational meeting also held on 21 March 2024, the Board elected from among its number Esa Lager to serve as Deputy Chair.

Erik Selin was appointed by the Board to chair the HR and Remuneration Committee and Tarja Pääkkönen and Ming Eng to serve as Committee members.

Further information:

President and CEO Antti Aarnio, tel. +358 20 134 4200

CFO Markku Honkasalo, tel. +358 20 134 4226

www.sato.fi

DISTRIBUTION:

Euronext Dublin, main media, www.sato.fi

www.sato.fi/en

SATO Corporation is an expert in sustainable rental housing and one of Finland’s largest rental housing providers. SATO owns around 25,000 rental homes in the Helsinki Metropolitan Area, Tampere and Turku.

SATO aims to provide an excellent customer experience and a comprehensive range of urban rental housing alternatives with good access to public transport and services. We promote sustainable development and work in open interaction with our stakeholders. SATO invests profitably, sustainably and with a long-term view. We increase the value of our assets through investments, divestments and repairs.