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THE FINNISH FINANCIAL SUPERVISORY AUTHORITY HAS APPROVED THE PROSPECTUS OF TECNOTREE OYJ REGARDING LISTING OF 52,555,040 NEW SHARES

Not for release, publication or distribution, in whole or in part, directly or indirectly, in or into Australia, South Africa, Hong Kong, Japan, Canada, Singapore or the United States of America or in any other country where it would be prohibited by local laws or other regulations.

The Finnish Financial Supervisory Authority has today approved the prospectus in accordance with the Securities Market Act (746/2012, as amended) ("the Prospectus") of Tecnotree Oyj ("the Company") regarding listing of in total 52,555,040 new shares.

The Prospectus relates to listing of in total 52,555,040 new shares issued in the share issue by the Company on 24 September 2018 and subscribed by Fitzroy Investments Limited ("Fitzroy"), as stated in the notice published by the Company on 24 September 2018.

The Prospectus is available in Finnish from 21 December 2018 at the headquarters of the Company in Finnoonniitynkuja 7, Espoo on business days during usual business hours and electronically on the Company's website at tecnotree.com/investors.

TECNOTREE CORPORATIONFURTHER INFORMATION

Harri Koponen, the Chairman of the Board of Tecnotree, tel. +358 40 1922 464Padma Ravichander, CEO, tel. +971 56 414 1420