Financials

The Board of Directors of Kempower has adopted a dividend policy pursuant to which no dividends will be distributed in the short to mid-term. In the forthcoming years, the focus will be on financing the growth and the development its business.

Outlook for 2025
In 2025, the company aims to r
eturn to a growth trajectory as the DC charging market is expected to start recovering in the second half of the year.

Kempower expects:
- 2025 revenue is expected to grow between 10% – 30% (revenue 2024: EUR 223.7 million).
- 2025 operative EBIT to improve significantly from year 2024 (operative EBIT 2024: EUR -26.4 million).

The outlook is based on an estimate that the DC charging point installations continue to grow significantly in our key markets Europe and North America. This is based on a third party market study conducted in the beginning of 2025.

Kempower expects that the excess inventories across the DC charging industry will impact the demand during the first half of 2025. The market environment and demand are expected to remain weak during the first half, but to recover during the second half of the year.

Based on the latest market survey, Kempower estimates DC charging installation CAGR to be approximately 30 percent by 2030. Kempower continues to invest selectively in its growth initiatives including growth in North America, growth in key countries in Europe and developing cutting edge technology. These initiatives enable Kempower strategy execution but weigh on profitability in the short-term.

Kempower transferred to the Official List of Nasdaq Helsinki from First North Growth Market Finland marketplace maintained by Nasdaq Helsinki and trading in the Company’s shares commenced on the Official List of Nasdaq Helsinki on June 12, 2024, with the trading code KEMPOWR. The total number of shares admitted to trading is 55,542,920 shares.

11.6.2024 – Kempower Corporation’s listing application has been approved and trading in the shares on the Official List of Nasdaq Helsinki will commence on June 12, 20

24‍10.6.2024 – The Finnish language listing prospectus of Kempower Corporation has been approved by the Finnish Financial Supervisory Authority

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4.6.2024 – Kempower Corporation applies for its shares to be listed on the Official List of Nasdaq Helsinki‍

‍25.4.2024 – KEMPOWER CORPORATION PLANS TO TRANSFER ITS SHARES TO THE OFFICIAL LIST OF NASDAQ HELSINKI

Approved by Kempower Oyj’s Board of Directors on 4 June 2024

This Disclosure Policy describes Kempower Oyj’s (“Kempower” or the “Company”) key principles for disclosing price sensitive information to the Company’s stakeholders and communicating with the capital markets. This Disclosure Policy applies to the Company and its subsidiaries.

In its communications, Kempower complies with Finnish legislation, the provisions contained in Regulation (EU) No 596/2014 of the European Parliament and of the Council on market abuse (Market Abuse Regulation, “MAR”), Nasdaq Helsinki Ltd’s (“Nasdaq Helsinki”) rules and guidelines as well as the guidelines of ESMA (European Securities and Markets Authority) and the Finnish Financial Supervisory Authority. The Company also complies with its internal rules and guidelines and, on a voluntary basis, the Finnish Corporate Governance Code for listed companies.
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