Citycon Oyj ("Citycon" or the "Company") has received on 28 January 2025 the following notification pursuant to Chapter 9, Section 5 of the Finnish Securities Markets Act according to which Phoenix Financial Ltd.'s holding of shares in Citycon has increased over five (5) percent on 24 January 2025.

Phoenix Financial Ltd. is a holding company that principally deals, through subsidiaries under its control, in various fields of capital markets and finances, including insurance, pension and provident funds management, the provision of brokerage services, management of mutual funds, management of investment portfolios, issuance of exchange traded funds and ETFs.

Citycon has one series of shares in which each share carries one vote. The total number of shares and votes is 184,231,295.

The holding of shares of Phoenix Financial Ltd. according to the notification:

Notified details of the resulting situation following the crossing of the threshold:

The controlled undertakings through which the shares, voting rights and financial instruments are effectively held:

CITYCON OYJ

For further information, please contact:
Anni Torkko
Investor Relations Manager
Tel. +358 45 358 0570
[email protected]

Citycon is a leading owner, manager and developer of mixed-use real estate featuring modern, necessity-based retail with residential, office and municipal service spaces predominantly in urban market in the Nordics.  The company is committed to sustainable property management in the Nordic region with assets that total approximately EUR 4.0 billion. Our centres are located in urban hubs in the heart of vibrant communities with direct connections to public transport and anchored by grocery, healthcare and other services that cater to the everyday needs of customers.

Citycon has investment-grade credit rating from Standard & Poor's (BBB-). Citycon Oyj's shares are listed on Nasdaq Helsinki.

www.citycon.com