Result of the written procedure: the proposed resolution adopted

St1 Nordic Oy has on 4 June 2014 issued senior unsecured EUR 100 million fixed rate notes (ISIN FI4000097191) that are subject to trading on First North Bond Market Finland, a multilateral trading facility operated by Nasdaq Helsinki Ltd. In connection with the planned merger between St1 Group Oy and St1 Nordic Oy announced on 8 June 2017, St1 Nordic Oy announced on 12 June 2017 a written procedure of the holders of the notes in accordance with the terms and conditions of the notes. The written procedure concerned the transfer of certain liabilities of St Group into St1 Nordic in connection with the planned merger. The final date for Nordic Trustee Oy, acting as the agent for the holders of the notes, for receiving the votes in the written procedure was 3 July 2017.

Nordic Trustee Oy has today on 3 July 2017 informed St1 Nordic Oy that a sufficient number of holders of the notes have participated in the written procedure in order to form a quorum. The proposed resolution obtained 100 % of all the votes given in the written procedure, and the proposal was thus adopted. Nordic Trustee Oy's English-language notice from written procedure regarding the result of the written procedure is attached hereto as schedule 1.

For further information, please contact:

Kim Wiio, CEO, +358 10 557 11

Kati Ylä-Autio, CFO, +358 10 557 5263

St1 is a Nordic energy group whose vision is to be the leading producer and seller of CO2-aware energy. The company researches and develops economically viable, environmentally sustainable energy solutions. St1 consists of two sister groups: St1 Nordic focuses on fuels marketing activities in Finland, Sweden and Norway and on renewable energy solutions such as waste-based advanced ethanol fuels and industrial wind power. Company has 1400 St1 and Shell branded retail stations in Finland, Sweden and Norway. The sister group St1 Groupfocuses on oil refining. Headquartered in Helsinki, the company employs currently more than 700 people in Finland, Sweden and Norway. 

 Schedule 1

St1 Nordic Oy initiates a written procedure in accordance with the terms and conditions of the notes


St1 plans to extend its advanced biofuels production into renewable diesel


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