Extract from stock exchange release published on 11 February 2020

The European Rental Association (ERA) forecasts that the equipment rental market will grow in 2020 in all of Cramo’s operating countries, varying approximately between 4 to 5%, except in Poland and Czech Republic where the growth is forecasted to be 8% and 6%, respectively. Forecon estimates that, in 2020, the equipment rental market volume will remain at last year’s level in Sweden, and grow by 4% in Estonia, grow by 5% in Finland and grow by 6% in Norway and Lithuania.

In equipment rental, changes in demand usually follow the construction market with a delay. According to Euroconstruct November 2019 estimates, the construction market will decrease by 2% in Sweden and remain at last year’s level in Finland. The Sveriges Byggindustrier is projecting that the Swedish construction market will decline by 2% in 2020 according to their latest estimate in October 2019. In Norway, the construction market is expected to grow by 2%. In Germany and Austria, growth is forecasted to be – 0.6% and 1.3%, respectively.

PUBLIC TENDER OFFER OF ALL SHARES IN CRAMO

FINANCIAL STATEMENTS BULLETIN FOR JANUARY-DECEMBER 2019

CRAMO’S ANNUAL REVIEW AND FINANCIAL STATEMENTS 2019

CRAMO SHARE WAS DELISTED FROM NASDAQ HELSINKI STOCK EXCHANGE ON 3 JUNE 2020.

Information on the Investor pages has been updated until the delisting.

Welcome to Cramo Investor pages

Cramo is a service company specialising in equipment rental services. Our equipment rental services comprise machinery and equipment rental as well as rental-related services.

As one of the industry’s leading service providers in Europe, Cramo operates in Finland, Sweden, Norway, Estonia, Lithuania, Poland, Germany, Austria, Hungary, the Czech Republic and Slovakia. In Russia and Ukraine we operate under the brand of the 50 percent owned joint venture Fortrent.

Cramo provides modern rental solutions through the Cramo Concept. Under the Cramo Concept, construction companies and customers in trade, industry and the public sector, as well as private customers, are provided with machinery and equipment through different rental solutions and services.

By combining the product portfolio with its extensive offering of services, Cramo reduces the capital invested by its customers and can create total rental solutions for every need for both the short and long term.

Through a network of about 300 depots, with a total number of rental items over 230,000, Cramo’s 2,600 employees serve over 150,000 customers in eleven countries.