THE OFFER PERIOD FOR THE VOLUNTARY RECOMMENDED PUBLIC TENDER OFFER BY CGI FOR ALL SHARES IN AFFECTO PLC WILL COMMENCE ON 30 AUGUST 2017

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1 Sivu 1/11 Published: :00:00 CEST Nasdaq Helsinki Ltd Announcement from the exchange THE OFFER PERIOD FOR THE VOLUNTARY RECOMMENDED PUBLIC TENDER OFFER BY CGI FOR ALL SHARES IN AFFECTO PLC WILL COMMENCE ON 30 AUGUST 2017 THE OFFER PERIOD FOR THE VOLUNTARY RECOMMENDED PUBLIC TENDER OFFER BY CGI FOR ALL SHARES IN AFFECTO PLC WILL COMMENCE ON 30 AUGUST 2017 THIS RELEASE MAY NOT BE RELEASED, PUBLISHED OR OTHERWISE DISTRIBUTED, IN WHOLE OR IN PART, IN OR INTO, DIRECTLY OR INDIRECTLY, THE UNITED STATES, CANADA, JAPAN, AUSTRALIA, SOUTH AFRICA OR HONG KONG OR IN ANY OTHER JURISDICTION IN WHICH THE TENDER OFFER WOULD BE PROHIBITED BY APPLICABLE LAW. THE OFFER PERIOD FOR THE VOLUNTARY RECOMMENDED PUBLIC TENDER OFFER BY CGI FOR ALL SHARES IN AFFECTO PLC WILL COMMENCE ON 30 AUGUST 2017 As announced on 22 August 2017, CGI Nordic Investments Limited (the Offeror ), an indirect wholly-owned subsidiary of CGI Group Inc. ( CGI ), and Affecto Plc ( Affecto ) have on 21 August 2017 entered into a combination agreement (the Combination Agreement ) pursuant to which the Offeror will make a voluntary recommended public tender offer (the Tender Offer ) to purchase all issued and outstanding shares in Affecto that are not owned by Affecto or any of its subsidiaries ( Target Shares ). The Finnish Financial Supervisory Authority has today approved the tender offer document relating to the Tender Offer (the Offer Document ). The acceptance period under the Tender Offer will commence on 30 August 2017 at 9:30 a.m. Finnish time and expire on 27 September 2017 at 4:00 p.m. Finnish time (the Offer Period ). The Offeror reserves the right to extend the Offer Period in accordance with the terms and conditions of the Tender Offer. The price offered for each Target Share validly tendered in the Tender Offer is EUR 4.55 in cash (the Consideration ). The Consideration represents a premium of approximately 48.5 percent compared to the volume-weighted average trading price (EUR 3.06) of the Target Shares on Nasdaq Helsinki Ltd. ("Nasdaq Helsinki") during the 12-month period preceding the day of announcement of the Tender Offer;

2 Sivu 2/11 approximately 27.6 percent compared to the volume-weighted average trading price (EUR 3.57) of the Target Shares on Nasdaq Helsinki during the 3-month period preceding the announcement of the Tender Offer; and approximately 29.3 percent compared to the closing price (EUR 3.52) of the Target Shares on Nasdaq Helsinki on 21 August 2017, the last trading day before the announcement of the Tender Offer. The unconflicted members of the Board of Directors of Affecto have unanimously resolved to recommend to shareholders of Affecto to accept the Tender Offer. The statement of the Board of Directors of Affecto containing said recommendation issued on 28 August 2017 and published on 29 August 2017 is included as an appendix to the Offer Document. In order to support its assessment of the Tender Offer, the Board of Directors of Affecto has procured a fairness opinion from Affecto's financial adviser Access Partners Oy to the effect that the consideration to be offered to the shareholders is, from a financial point of view, fair to such holders. The complete fairness opinion is attached to the statement of the Board of Directors of Affecto. Cantell Oy, representing approximately percent of the shares and votes in Affecto, has, subject to certain customary conditions, irrevocably undertaken to accept the Tender Offer and not to accept any competing offer with a consideration of less than EUR 4.70 per Target Share. The Finnish language version of the Offer Document will be available on the internet at and as of 30 August 2017 and at the branch offices of the cooperative banks belonging to the OP Financial Group as of 31 August The English language translation of the Offer Document will be available on the internet at and as of 30 August Most of the Finnish book-entry account operators will send a notification regarding the Tender Offer and related instructions and the acceptance form to their customers who are registered as shareholders in the shareholders register of Affecto maintained by Euroclear Finland Ltd. A shareholder of Affecto who does not receive the instructions or the acceptance form from their account operator or asset manager can contact any branch office of the cooperative banks belonging to the OP Financial Group, or OP Corporate Bank plc ( OP ) in order to receive all necessary information and submit its/his/her acceptance of the Tender Offer. A shareholder of Affecto whose shares are nominee-registered and who wishes to accept the Tender Offer, must submit its/his/her acceptance in accordance with the instructions given by the administrator of its/his/her nominee registrations. No acceptance forms or any other documents related to the Tender Offer will be sent to these shareholders of Affecto. In order for an acceptance to be valid, it must be submitted in such a manner that it will be received by the relevant recipient within the Offer Period taking into account, however, the instructions given by the relevant account operator. The account operator may, in its sole discretion, request the receipt of acceptances in advance of the expiration of the Offer Period. A shareholder of Affecto submits the acceptance at its/his/her own risk, and any acceptance will be considered as submitted only when an account operator, a cooperative bank belonging to the OP Financial Group, or OP has actually received it. The Offeror will announce the preliminary result of the Tender Offer by a press release on or about the first (1st) Finnish banking day following the expiration of the Offer Period or, for the avoidance of doubt, if applicable, the extended or discontinued extended Offer Period. The final result of the Tender Offer will be announced on or about the third (3rd) Finnish banking day following the expiration of the Offer Period or, for the avoidance of doubt, if applicable, the

3 Sivu 3/11 extended or discontinued extended Offer Period. In connection with the announcement of the final result, the Offeror will confirm the percentage of the Target Shares in respect of which the Tender Offer has been validly accepted and not validly withdrawn, whether the Tender Offer will be completed and whether the Offer Period will be extended with a subsequent Offer Period (such extended Offer Period the Subsequent Offer Period ). The obligation of the Offeror to complete the Tender Offer by accepting the validly tendered Target Shares, which tenders have not been validly withdrawn, is subject to the satisfaction, or, to the extent permitted by applicable laws and regulations and the Combination Agreement, waiver by the Offeror of the closing conditions described in the terms and conditions of the Tender Offer on or prior to the date of the Offeror s announcement of the final results of the Tender Offer. The terms and conditions of the Tender Offer have been enclosed in their entirety as an appendix to this release (Appendix 1). HPP Attorneys Ltd acts as the legal adviser to CGI and the Offeror in connection with the Tender Offer. OP Corporate Bank plc acts as the financial adviser to the Offeror and arranger of the Tender Offer. Access Partners Oy acts as the financial adviser and Dittmar & Indrenius Attorneys Ltd. as the legal adviser to Affecto in connection with the Tender Offer. CGI Nordic Investments Limited The Board of Directors ADDITIONAL INFORMATION For additional information, please contact: Investors Lorne Gorber Executive Vice-President, Global Communications and Investor Relations lorne.gorber@cgi.com Media Jarkko Virtanen Director, Marketing and Communications

4 Sivu 4/ CGI IN THE NORDICS IN BRIEF With nearly 8,000 professionals in 55 offices across Denmark, Estonia, Finland, Norway and Sweden, CGI has a strong local presence across the Nordic IT services market. With a deep commitment to being the best in its industry across the Nordics and around the world, CGI serves as a market leader in end-to-end IT and business consulting services, solutions and outsourcing services. CGI's Nordic operation serves thousands of clients in public and private organisations to help them achieve operational efficiencies while harnessing innovation to better serve the digital needs of their customers and citizens. CGI IN BRIEF Founded in 1976, CGI Group Inc. is the fifth largest independent information technology and business process services firm in the world. Approximately 70,000 professionals serve thousands of global clients from offices and delivery centers across the Americas, Europe and Asia Pacific, leveraging a comprehensive portfolio of services including high-end business and IT consulting, systems integration, application development and maintenance, infrastructure management as well as 150 IP-based services and solutions. With annual revenue in excess of C$10 billion and an order backlog exceeding C$20 billion, CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Website: AFFECTO IN BRIEF Affecto is a Northern European full-stack data house with expertise in data intensive technologies. Their expertise ranges from enterprise information management to artificial intelligence. Affecto creates business value for its customers by helping them become data driven, thus transforming their businesses. Affecto has long term, committed customer relationships with a large number of essential Northern European companies as well as public institutions. Affecto has a local presence with 18 offices forming a powerful grid, and is a unique home for its employees. DISCLAIMER THIS RELEASE IS FOR GENERAL INFORMATION ONLY AND DOES NOT CONSTITUTE OR FORM PART OF ANY OFFER TO PURCHASE, OR ANY SOLICITATION OF AN OFFER TO SELL OR ANY INVITATION TO PARTICIPATE. INVESTORS MAY ACCEPT THE TENDER OFFER FOR THE SHARES ONLY ON THE BASIS OF THE INFORMATION PROVIDED IN AN OFFER DOCUMENT WHEN AVAILABLE. THE TENDER OFFER FOR THE SHARES IS NOT BEING AND WILL NOT BE MADE DIRECTLY OR INDIRECTLY IN ANY JURISDICTION WHERE EITHER THE MAKING OF SUCH AN OFFER OR PARTICIPATION THEREIN IS PROHIBITED BY APPLICABLE LAW OR WHICH WOULD REQUIRE FURTHER OFFER DOCUMENTS, REGISTRATION OR OTHER MEASURES IN ADDITION TO THOSE REQUIRED UNDER FINNISH LAW. ACCORDINGLY, WHEN PUBLISHED, THE OFFER DOCUMENT AND RELATED ACCEPTANCE FORMS WILL NOT AND MAY NOT BE DISTRIBUTED, FORWARDED OR TRANSMITTED INTO OR FROM ANY JURISDICTION WHERE PROHIBITED BY APPLICABLE LAW OR WHICH WOULD REQUIRE FURTHER OFFER DOCUMENTS, REGISTRATION OR OTHER MEASURES IN ADDITION TO THOSE REQUIRED UNDER FINNISH LAW. IN PARTICULAR, THE TENDER OFFER FOR THE SHARES IS NOT BEING

5 Sivu 5/11 AND WILL NOT BE MADE, DIRECTLY OR INDIRECTLY, IN OR INTO, OR BY USE OF THE POSTAL SERVICE OF, OR BY ANY MEANS OR INSTRUMENTALITY (INCLUDING, WITHOUT LIMITATION, FACSIMILE TRANSMISSION, TELEX, TELEPHONE, OR OTHER FORMS OF ELECTRONIC COMMUNICATION) OF INTERSTATE OR FOREIGN COMMERCE OF, OR ANY FACILITIES OF A NATIONAL SECURITIES EXCHANGE OF, THE UNITED STATES, CANADA, JAPAN, AUSTRALIA, SOUTH AFRICA OR HONG KONG, AND MAY NOT BE ACCEPTED BY ANY SUCH USE, MEANS, INSTRUMENTALITY OR FACILITY FROM OR WITHIN THE UNITED STATES, CANADA, JAPAN, AUSTRALIA, SOUTH AFRICA OR HONG KONG OR BY PERSONS LOCATED OR RESIDENT THEREIN, OR PERSONS (INCLUDING AGENTS, FIDUCIARIES OR OTHER INTERMEDIARIES) ACTING FOR THE ACCOUNT OR BENEFIT OF PERSONS LOCATED OR RESIDENT THEREIN. ANY PURPORTED ACCEPTANCE OF THE TENDER OFFER FOR THE SHARES RESULTING DIRECTLY OR INDIRECTLY FROM A VIOLATION OF THESE RESTRICTIONS WILL BE INVALID. APPENDIX 1: TERMS AND CONDITIONS OF THE TENDER OFFER The Tender Offer CGI Nordic Investments Limited (the Offeror ) and Affecto Plc (the Company ) have on 21 August 2017 (the Signing Date ) entered into a combination agreement (the Combination Agreement ) pursuant to which the Offeror hereby makes a voluntary public tender offer to acquire all of the issued and outstanding shares in the Company that are not owned by the Company or any of its direct or indirect subsidiaries (the Target Shares ) on the terms and subject to the conditions set forth below (the Tender Offer ). CGI Group Inc. has guaranteed as for its own debt the performance of the Offeror s obligations in relation to the Tender Offer, including the payment of any offer consideration. Consideration As announced by the Offeror on 22 August 2017, the Offeror offers to acquire the Target Shares for a cash consideration of EUR 4.55 per each Target Share validly tendered and not validly withdrawn in accordance with the terms and conditions of the Tender Offer (the Consideration ). The Consideration has been determined based on 21,645,279 Target Shares as at the date of the Offer Document. In the event that the number of Target Shares increases or the Company issues special rights entitling holders to subscribe for shares in the Company in accordance with Chapter 10 of the Finnish Limited Liability Companies Act (624/2006, as amended, the Companies Act ) prior to the Closing Date (as defined below), the Consideration shall be adjusted accordingly. If the Company pays or distributes or resolves to pay or distribute dividend or distribute assets or funds to its shareholders before the Closing Date, and should the record date of any such payment or distribution fall before any or all of the settlements of completion trades under the Tender Offer, the Consideration shall be decreased accordingly. Offer Period The period allowed for the acceptance of the Tender Offer will commence on 30 August 2017 at 9.30 a.m. (Finnish time) and expire on 27 September 2017 at 4 p.m. (Finnish time), as may be extended or discontinued by the Offeror as set forth in the following paragraphs (the Offer Period ). The acceptance of the Tender Offer must be received by the recipient, as described below under the heading Procedure for Accepting the Tender Offer, before the expiration of the Offer Period. The Offeror may, in its sole discretion, extend the Offer Period (i) at any time until the Closing Conditions (as defined below) have been satisfied or waived and/or (ii) with a Subsequent Offer Period (as defined below) in connection with the announcement of the final results of the

6 Sivu 6/11 Tender Offer whereby the Offeror also declares the Tender Offer unconditional, all as set forth below. If the Offeror extends the Offer Period, the Offeror will announce such extension by a press release no later than on the first (1 st ) Finnish banking day following the expiration of the Offer Period. Furthermore, if the Offeror further extends an already extended Offer Period or extends a discontinued extended Offer Period, the Offeror will announce such extension by a press release no later than on the first (1 st ) Finnish banking day following the expiration of such already extended Offer Period or discontinued extended Offer Period. The Offer Period may not be extended beyond a date that falls ten (10) weeks after the commencement of the Offer Period. If, however, the Closing Conditions (as defined below) have not been satisfied due to a particular hindrance as provided in the regulations and guidelines (9/2013) of the Finnish Financial Supervisory Authority (the FSA ) on Takeover Bids and Mandatory Bids (the Takeover Bid Regulation ), the Offeror may extend the duration of the Offer Period beyond the said ten (10) weeks maximum, until such hindrance has been removed and the Offeror has had the possibility to assess the circumstances in question. In such a case the Offeror will announce a new expiration date no less than two (2) weeks prior to the date of expiration of any extended Offer Period. The Offeror may discontinue any extended Offer Period, in which case the Offeror will announce its decision on the discontinuation of any extended Offer Period as soon as possible after such decision has been made and, in any case, no less than two (2) weeks prior to the expiration of the discontinued extended Offer Period. If the Offeror discontinues an extended Offer Period, the Offer Period will expire on such earlier date as announced by the Offeror. The Offeror reserves the right to extend the Offer Period in connection with the announcement of the final result of the Tender Offer as set forth under the heading Announcement of the Result of the Tender Offer below (such extended Offer Period, the Subsequent Offer Period ). In the event of such Subsequent Offer Period, the Subsequent Offer Period will expire on the date and at the time determined by the Offeror in the final result announcement. The expiration of a Subsequent Offer Period will be announced at least two (2) weeks before the expiration of such Subsequent Offer Period. A Subsequent Offer Period may extend beyond a date that falls ten (10) weeks after the commencement of the Offer Period. Closing Conditions The obligation of the Offeror to complete the Tender Offer by accepting the validly tendered Target Shares, which tenders have not been validly withdrawn, is subject to the satisfaction, or, to the extent permitted by applicable laws and regulations and the Combination Agreement, waiver by the Offeror of each of the following conditions (the Closing Conditions ) on or prior to the date of the Offeror s announcement of the final result of the Tender Offer in accordance with Chapter 11, Section 18 of the Finnish Securities Market Act (746/2012, as amended, the SMA ) (the Result Announcement Date ): 1. the Target Shares having been validly tendered and not validly withdrawn, together with any shares in the Company owned by the Offeror or its affiliates, as calculated in accordance with Chapter 18, Section 1 of the Companies Act, representing more than 90 percent of the issued and outstanding shares and voting rights in the Company, on a fully diluted basis; 2. the receipt of all necessary regulatory approvals, permits, consents and clearances, whether in Finland or any other jurisdiction, including without limitation (i) the approval by the Ministry of Economic Affairs and Employment of Finland required under the Act on Monitoring of Foreign Corporate Acquisitions in Finland (172/2012, as amended), and (ii) clearance with the competition authorities in Finland, and that any conditions set in such approvals, permits, consents or clearances are acceptable to the Offeror in that they are not materially adverse to the Offeror in view of the Tender Offer or the benefits of the transaction contemplated thereby; 3. the board of directors of the Company having issued its recommendation that the holders of the Target Shares accept the Tender Offer and tender their Target Shares to the Offeror in the Tender Offer, and such recommendation remaining in force in accordance with its terms and not having been withdrawn or amended in a manner detrimental to the Offeror;

7 Sivu 7/11 4. the undertaking by Cantell Oy to accept the Tender Offer remaining in force in accordance with its terms and not having been modified, changed or amended; 5. the Combination Agreement not having been terminated and remaining in force; 6. no Material Adverse Change (as defined below) having occurred after the Signing Date; and 7. no order having been issued or action taken by any competent court or regulatory authority which prevents, or materially challenges the completion of the Tender Offer. The Offeror may not invoke any of the Closing Conditions so as to cause the Tender Offer not to proceed, to lapse or to be withdrawn, unless the non-satisfaction of the relevant Closing Condition has a material impact on the Offeror in view of the Tender Offer, as referred to in the Takeover Bid Regulation and the recommendation regarding the procedures to be complied with in takeover bids issued by the Finnish Securities Market Association referred to in Chapter 11, Section 28 of the SMA. The Closing Conditions set forth above are the exhaustive conditions for the completion of the Tender Offer. The Offeror reserves the right to waive, to the extent permitted by applicable laws and regulations and the Combination Agreement, and in whole or in part, any of the Closing Conditions that are not satisfied. If all Closing Conditions have been satisfied or the Offeror has waived the requirement for the satisfaction of all or some of them on the Result Announcement Date at the latest, the Offeror will complete the Tender Offer after the expiration of the Offer Period in accordance with Completion of the Tender Offer and Terms of Payment of the Consideration and Settlement below with respect to all shareholders of the Company who have validly accepted the Tender Offer. For the purposes of the Tender Offer, Material Adverse Change means (i) any divestment or reorganization of all or any material part of assets of the Company and its direct or indirect subsidiaries, taken as a whole, or (ii) any event, condition, circumstance, development, occurrence, change, effect or fact (each an Effect ) that individually or in the aggregate has, results in, or would reasonable be expected to have or result in a material adverse change on the business, assets, liabilities, customer relations, prospects, financial condition or results of operations of the Company and its direct or indirect subsidiaries, taken as a whole, excluding: 1. any Effect in political, financial, industry, economic or regulatory conditions generally, so long as such Effect does not have a disproportionate effect on the Company relative to other industry participants, 2. any Effect resulting from or caused by natural disasters, outbreak of major hostilities or any act of war or terrorism, so long as such Effect does not have a disproportionate effect on the Company relative to other industry participants, 3. any Effect resulting from actions taken by the Company at the express request or direction issued by the Offeror to the Company in writing (including, for the avoidance of doubt by ), 4. any Effect attributable to (x) any act or omission carried out or omitted by the Offeror in connection with the Tender Offer, or (y) the Tender Offer (including but not limited to Effects arising out of the announcement of, entry into, pendency of, anticipated completion of actions required or contemplated by or performance of obligations under the Combination Agreement or the transactions contemplated by the Combination Agreement or the identity of the parties to the Combination Agreement), and provided that under no circumstance shall a Material Adverse Change be deemed to exist to the extent an Effect (i) has been publicly disclosed by the Company (including any publicly disclosed annual or interim reports) prior to the Signing Date, (ii) is actually known to the Offeror prior to the Signing Date, or (iii) has been fairly disclosed in the due diligence information by or on behalf of the Company prior to the Signing Date in a manner reasonably allowing the Offeror and its professional advisers, acting diligently, to understand that such Effect constitutes a Material Adverse Change. Obligation to Raise and Obligation to Compensate

8 Sivu 8/11 The Offeror reserves the right to acquire Target Shares also in public trading on Nasdaq Helsinki Ltd ( Nasdaq Helsinki ) or otherwise during and after the Offer Period. If the Offeror or another party acting in concert with the Offeror in the meaning of Chapter 11, Section 5 of the SMA acquires Target Shares during the Offer Period at a price higher than the Consideration, or otherwise on more favorable terms, the Offeror must, in accordance with Chapter 11, Section 25 of the SMA, amend the terms and conditions of the Tender Offer to correspond with the terms and conditions of such acquisition on more favorable terms (obligation to raise (in Finnish korotusvelvollisuus )). Should the Offeror or another party acting in concert with the Offeror in the meaning of Chapter 11, Section 5 of the SMA acquire Target Shares within nine (9) months after the expiration of the Offer Period at a price higher than the Consideration, or otherwise on more favorable terms, the Offeror must, in accordance with Chapter 11, Section 25 of the SMA, pay the difference between the consideration paid in an acquisition on more favorable terms and the Consideration to those shareholders that have accepted the Tender Offer (obligation to compensate (in Finnish hyvitysvelvollisuus )). Pursuant to Chapter 11, Section 25, Subsection 4 of the SMA, the Offeror will, without delay, make public the arising of the obligation to raise or to compensate, and pay the difference between the consideration paid in an acquisition on more favorable terms and the Consideration to those shareholders that have accepted the Tender Offer. Any payments made as a result of the Offeror s obligation to raise must be made in connection with the payment of the Consideration or, if the Consideration has already been paid, without delay. Any payments made as a result of the Offeror s obligation to compensate must be made within one (1) month from the arising of the obligation. Pursuant to Chapter 11, Section 25, Subsection 5 of the SMA, the obligation to raise or the obligation to compensate will not be applicable if the price higher than the Consideration is payable on the basis of an arbitral award issued in connection with arbitral proceedings initiated pursuant to Chapter 18, Section 3 of the Companies Act, provided, however, that the Offeror or any party referred to in Chapter 11, Section 5 of the SMA has not offered to acquire Target Shares on terms more favorable than those of the Tender Offer before or during the arbitral proceedings. Procedure for Accepting the Tender Offer The Tender Offer may be accepted by a holder of one or more Target Shares, who is registered during the Offer Period in the shareholders register of the Company (a Shareholder ). Acceptance of the Tender Offer must be submitted separately for each bookentry account. The Shareholder submitting an acceptance (i) may only approve the Tender Offer unconditionally and for all the Target Shares that are held in the book-entry accounts mentioned in the acceptance form at the time of the execution of the Tender Offer with respect to the Target Shares of such Shareholder, and (ii) must have a cash account with a financial institution operating in Finland. For the avoidance of doubt, it is stated that acceptances submitted during the initial Offer Period are valid also until the expiration of an extended or discontinued extended Offer Period, as applicable. Most of the Finnish book-entry account operators will send a notification regarding the Tender Offer and related instructions and the acceptance form to their customers who are registered as shareholders in the shareholders register of the Company maintained by Euroclear Finland Ltd. A Shareholder who does not receive the instructions or the acceptance form from their account operator or asset manager can contact any branch office of the cooperative banks belonging to the OP Financial Group, or OP Corporate Bank plc ( OP ) in order to receive all necessary information and submit its/his/her acceptance of the Tender Offer. A Shareholder whose Target Shares are nominee-registered (in Finnish hallintarekisteröity ) and who wishes to accept the Tender Offer, must submit its/his/her acceptance in accordance with the instructions given by the administrator of its/his/her nominee registrations. No acceptance forms or any other documents related to the Tender Offer will be sent to such Shareholders.

9 Sivu 9/11 Any Target Shares that have been pledged may only be tendered with the consent of the pledgee, which consent shall be acquired by the relevant Shareholder. The pledgee s consent must be delivered to the account operator in writing, and be duly executed by or on behalf of the pledgee. A Shareholder who accepts the Tender Offer must submit a properly completed and duly executed acceptance form to the account operator that manages its/his/her book-entry account according to the instructions and during the time period given by the account operator, or if such account operator does not accept acceptance forms, to any branch office of the cooperative banks belonging to the OP Financial Group, or OP. The Offeror reserves the right to reject any acceptances that have not been effected in accordance with the terms and conditions of the Tender Offer or that have been otherwise effected in an incorrect or incomplete manner. The Offeror may also reject any partial tender of Target Shares. In order for an acceptance to be valid, it must be submitted in such a manner that it will be received by the relevant recipient within the Offer Period taking into account, however, the instructions given by the relevant account operator. The account operator may, in its sole discretion, request the receipt of acceptances in advance of the expiration of the Offer Period. A Shareholder submits the acceptance at its/his/her own risk, and any acceptance will be considered as submitted only when an account operator, a cooperative bank belonging to the OP Financial Group, or OP has actually received it. By accepting the Tender Offer, a Shareholder authorizes OP or any party authorized by OP or the account operator managing the Shareholder s book-entry account to enter a transfer restriction or a sales reservation on the Shareholder s book-entry account after the Shareholder has delivered its/his/her acceptance for the Tender Offer. In addition, a Shareholder who has accepted the Tender Offer authorizes OP or any party authorized by OP or the account operator managing the Shareholder s book-entry account to perform the necessary entries and to take all other actions required to technically execute the Tender Offer and to sell all the Target Shares owned by such Shareholder at the time of the execution trades under the Tender Offer to the Offeror in accordance with the terms and conditions of the Tender Offer. A Shareholder that has validly accepted the Tender Offer and that has not properly withdrawn its/his/her acceptance in accordance with the terms and conditions of the Tender Offer may not sell or otherwise dispose of its tendered Target Shares. A transfer restriction in respect of the Target Shares will be registered in the relevant book-entry account after a Shareholder has submitted its/his/her acceptance for the Tender Offer. If the Tender Offer is not completed or if the tender is properly withdrawn by the Shareholder in accordance with the terms and conditions of the Tender Offer, the transfer restriction registered on the tendered Target Shares in the relevant book-entry account will be removed as soon as possible and within approximately three (3) Finnish banking days following the announcement that the Tender Offer will not be completed or the receipt of a notice of withdrawal in accordance with the terms and conditions of the Tender Offer. Withdrawal Right Pursuant to Chapter 11, Section 16, Subsection 1 of the SMA, the acceptance of the Tender Offer may be withdrawn by a Shareholder at any time before the expiration of the Offer Period, or, for the avoidance of doubt, if the Offer Period has been extended, before the expiration of such extended Offer Period, until the Offeror has announced that all Closing Conditions have been fulfilled or waived by the Offeror, upon which announcement the Tender Offer will become unconditional. After such announcement, the Target Shares already tendered may not be withdrawn prior to the expiration of the Offer Period except in the event that a third party announces a competing public tender offer for the Target Shares before the execution of the completion trades of the Target Shares as set forth under the heading Completion of the Tender Offer and Terms of Payment of the Consideration and Settlement below. A valid withdrawal of the acceptance of the Tender Offer requires that a withdrawal notification be submitted in writing to the account operator to whom the original Tender Offer acceptance

10 THE OFFER PERIOD FOR THE VOLUNTARY RECOMMENDED PUBLIC TEN... Sivu 10/11 notification was submitted, or, if the acceptance was submitted to a branch office of a cooperative bank belonging to the OP Financial Group or to OP, to such branch office or OP. With respect to Target Shares that are nominee-registered, the Shareholder must request the relevant administrator managing the nominee registration to execute a withdrawal notification. If a Shareholder validly withdraws an acceptance of the Tender Offer, the sales reservation or the restriction on the right of disposal with respect to the Target Shares will be removed within three (3) Finnish banking days of the receipt of the withdrawal notification. A Shareholder who has validly withdrawn its/his/her acceptance of the Tender Offer may retender the Target Shares that it/he/she holds during the Offer Period by following the procedure set forth under the heading Procedure for Accepting the Tender Offer above. The account operator operating the relevant book-entry account or the nominee of a nomineeregistered holding may charge a fee for the withdrawal, which fees shall be borne by the relevant Shareholder having withdrawn its/his/her acceptance. In the event of a Subsequent Offer Period, the acceptance of the Tender Offer will be binding and cannot be withdrawn, unless otherwise provided under mandatory law. Announcement of the Result of the Tender Offer The Offeror will announce the preliminary result of the Tender Offer by a press release on or about the first (1 st ) Finnish banking day following the expiration of the Offer Period or, for the avoidance of doubt, if applicable, the extended or discontinued extended Offer Period. The final result of the Tender Offer will be announced on or about the third (3 rd ) Finnish banking day following the expiration of the Offer Period or, for the avoidance of doubt, if applicable, the extended or discontinued extended Offer Period. In connection with the announcement of the final result, the Offeror will confirm the percentage of the Target Shares in respect of which the Tender Offer has been validly accepted and not validly withdrawn, whether the Tender Offer will be completed and whether the Offer Period will be extended with a Subsequent Offer Period. If the Offer Period has been extended with a Subsequent Offer Period, the Offeror will announce the initial percentage of the Target Shares validly tendered during such Subsequent Offer Period on or about the first (1 st ) Finnish banking day following the expiration of the Subsequent Offer Period and the final percentage on or about the third (3 rd ) Finnish banking day following the expiration of the Subsequent Offer Period. Completion of the Tender Offer and Terms of Payment of the Consideration and Settlement The Tender Offer will be completed by executing the sale and purchase of the Target Shares validly tendered and not validly withdrawn on or about the fifth (5 th ) Finnish banking day following the expiration of the Offer Period or, for the avoidance of doubt, if the Offer Period has been extended or the extended Offer Period has been discontinued, the expiration of the extended or discontinued extended Offer Period (the Closing Date ), preliminarily expected to be on 4 October If possible, the sale and purchase of the relevant Target Shares will take place on Nasdaq Helsinki, provided that the rules applied to trading on Nasdaq Helsinki allow that. Otherwise, the sale and purchase of the relevant Target Shares will be made outside Nasdaq Helsinki. Settlement of the transactions will be effected on or about the second (2 nd ) Finnish banking day following the Closing Date (the Clearing Date ), preliminarily expected to be on 6 October The Consideration will be paid on the Clearing Date into the account that has been connected to the relevant Shareholder s book-entry account or, in the case of Shareholders whose holdings are registered in the name of a custodian or a nominee, into the bank account specified by such custodian or nominee. If such account is with a different financial institution than the book-entry account in question, the Consideration will be paid into such account

11 THE OFFER PERIOD FOR THE VOLUNTARY RECOMMENDED PUBLIC TEN... Sivu 11/11 approximately two (2) Finnish banking days later in accordance with the schedule for payment transactions between financial institutions. In the event of a Subsequent Offer Period, the Offeror will in connection with the announcement thereof announce the terms of payment and settlement for the Target Shares tendered during the Subsequent Offer Period. The sale and purchase of the Target Shares validly tendered in accordance with the terms and conditions of the Tender Offer during the Subsequent Offer Period will, however, be executed at least within two (2) week intervals. The Offeror reserves the right to postpone the payment of the Consideration if the payment is prevented or suspended due to a force majeure event, but will immediately effect such payment once the force majeure event preventing or suspending payment is resolved. Transfer of Title Title to the Target Shares in respect of which the Tender Offer has been validly accepted, and has not been validly withdrawn, will pass to the Offeror against the payment of the Consideration to the relevant tendering Shareholder. Transfer Tax and Other Payments The Offeror will pay any transfer tax that may be charged in Finland in connection with the sale of the Target Shares pursuant to the Tender Offer. Any fees charged by an account operator on the basis of an agreement made with the Shareholder, or any fees or commissions charged by account operations, custodians or nominees of nominee-registered Target Shares related to the release of any pledges or other possible restrictions preventing a sale of the relevant Target Shares, as well as fees relating to a withdrawal of the acceptance of the Tender Offer, as set forth above under the heading Withdrawal Right, shall be borne by the relevant Shareholder. The Offeror is liable for any other customary costs caused by the registration of entries in the book-entry system required by the Tender Offer, the execution of trades pertaining to the Target Shares pursuant to the Tender Offer and the payment of the Consideration. Other Matters The Offer Document and the Tender Offer are governed by Finnish law. Any disputes arising out of or relating to the Tender Offer will be settled by a court of competent jurisdiction in Finland. Subject to the terms and conditions of the Combination Agreement, the Offeror reserves the right to amend the terms and conditions of the Tender Offer in accordance with Chapter 11, Section 15 of the SMA. Should the FSA issue an order regarding an extension of the Offer Period, the Offeror reserves the right to decide upon the withdrawal of the Tender Offer in accordance with Chapter 11, Section 12 of the SMA. If a competing tender offer by a third party is announced during the Offer Period, the Offeror reserves the right, as set forth in Chapter 11, Section 17 of the SMA, to (i) extend the Offer Period, (ii) amend the terms and conditions of the Tender Offer, and (iii) to let the Tender Offer lapse during the Offer Period, but before the expiration of the competing tender offer. The Offeror may, in its sole discretion, decide on all other matters related to the Tender Offer, subject to the requirements of applicable laws and regulations and the terms and conditions of the Combination Agreement. This news release was distributed by GlobeNewswire, a Nasdaq company