Treasury Shares and Authorizations

Authorization for the directed repurchase of own A-shares
The Annual General Meeting held on March 26, 2019, authorized the Board of Directors to resolve on the directed repurchase of a maximum of 300,000 of the company's own series A shares in one or more instalments by using company's unrestricted equity. The authorization is valid until the closing of the next Annual General Meeting, however, no longer than September 26, 2020.

Authorization on the issuance of the company's own A-shares
The Annual General Meeting held on March 26, 2019, authorized the Board of Directors to resolve on the issuance of a maximum of 769,732 company's own series A shares. The issuance of own shares may be carried out in deviation from the shareholders' pre-emptive rights (directed issue). The authorization entitles the issuance of treasury series A shares as a directed issue without payment as part of the company's share based incentive plan. The subscription price of the shares can instead of cash also be paid in full or in part as contribution in kind. The authorization is valid until September 26, 2020. The authorization for the company's incentive program shall however be valid until March 26, 2023.

Transfer of company's treasury sh​​​ares
In June 2019, a total of 2,195 of Vaisala Corporation's treasury shares were conveyed without consideration to an employees participating in the Share-based incentive plans 2017 and 2018 under the terms and conditions of the plans. The directed share issue was based on an authorization given by the Annual General Meeting held on March 26, 2019.

Following this directed share issue, the number of series A treasury shares is 555,989, which represent 1.9% of series A shares and 1.5% of all shares.