Description and purpose of the policy

Ramirent Plc is listed on the NASDAQ OMX Helsinki. As a listed company Ramirent complies with the information disclosure obligations under the Finnish Securities Markets Act, regulations of the Financial Supervisory Authority and the disclosure rules of NASDAQ OMX Helsinki as well as other applicable regulations for public listed companies.

The purpose of Ramirent’s disclosure policy is to guarantee fair disclosure of information to the public and to make sure that the disclosure is prompt, correct, relevant and not misleading, and that all market participants have simultaneous access to any share price sensitive information. The communications function in Ramirent is also to support the group’s strategic and business goals through communicative means, including Ramirent's corporate image. This document describes Ramirent’s general guidelines for disclosing information to company’s stakeholders and other media, and defines the responsibilities especially in matters relating to information disclosure and investor relations. Corporate communications acts as a service function.

Target groups of the document

This document is primarily targeted at persons in management positions and communications and marketing personnel at Ramirent. However, this document is also distributed to all Ramirent units and it aims to ensure a broad understanding of Ramirent communications and information disclosure obligations.

1. BASIC PRINCIPLES OF COMMUNICATIONS AT RAMIRENT

The communications of Ramirent are to be prompt, correct, relevant and not misleading. The purpose of the Corporate communications function in Ramirent is to fulfil the communications obligations of a public listed company, and to support the Group’s strategic and business goals through communicative means. This also includes responsibility for Ramirent’s corporate image. The task of communications is to promote the company’s business operations while at the same time minimizing the effects of any negative publicity on the Group and its business units by anticipating such eventualities and responding fast.

The role of Ramirent external communications is to build and maintain a truthful and thus a positive corporate image. The role of Ramirent internal communications is to inform the personnel of matters concerning Group operations and strategy and thereby support their commitment and motivation in working towards joint group goals.

Corporate communications is responsible for e.g. stock exchange communications, investor relations, financial media relations and Group level internal communications. Ramirent’s local companies are responsible for distributing such news locally and, where necessary, for translating them into local language. Ramirent’s local companies are responsible for customer communications and for relations to local trade press and media, as well as for internal communications within their local organizations. The local group companies are welcome to contact Corporate Communications in all matters related to communications and branding

1.1. Ramirent spokespersons

The authority to make public statements on behalf of Ramirent as a group entity rests with the CEO, CFO and the head of Corporate Communications & IR.

For individual subsidiaries, the spokesperson is the Managing Director or the general Manager of the unit, or a designated senior executive.

2. INVESTOR COMMUNICATIONS

Ramirent interacts with shareholders, investors and analysts on regular basis. The main objective of Ramirent investor relations is to support the correct valuation of Ramirent share by pursuing an open, adequate and up-to-date disclosure practice.

All events and presentations involving shareholders, investors and analysts, their conduct and the support materials are prepared and coordinated by Ramirent’s Corporate Communications and Investor Relations function.

2.1. Stock exchange releases

As a listed company, Ramirent complies with the information disclosure obligations under the Finnish Securities Markets Act and NASDAQ OMX Helsinki Harmonized Disclosure Rules (July 1, 2010, as may be amended) as well as other regulations for public listed companies.

Ramirent shall always, without undue delay, disclose correct and relevant information with equal and simultaneous access to all market participants about decisions, facts or other circumstances that are ‘price sensitive’, i.e. information which is expected to materially affect the price of the company’s listed securities. In evaluating whether a matter is expected to be price sensitive, only material decisions, facts and circumstances compared to the company's activities as a whole are relevant. Additional basis for evaluation may be whether similar matter has been treated in the past as price sensitive and has been published by a stock exchange release.

All the companies in the Ramirent Group (i.e. Managing Directors) have the responsibility to keep Corporate Communications & IR aware of such matter and developments, which might impose an obligation to disclosure information to the stock exchange. This must happen early enough so that a release can be prepared.

Price-sensitive information will be released and filed as a stock exchange release at Group level. The team of CEO, CFO, Corporate Communications, IR and General Counsel makes the disclosure decisions.

As a regular disclosure requirement Ramirent shall disclose all financial reports. This involves the disclosure of quarterly financial interim reports and annual financial statements. Also unexpected and significant deviations in financial results or financial position are to be disclosed, if deviation is considered price-sensitive (profit warning). All financial information is strictly confidential until disclosed through stock exchange release.

In addition to the disclosure of periodic financial information, the company has obligation to disclosure other matters which may have a material effect on the price of the company's listed securities. The public disclosure requirement may arise, for example, in relation to the following matters:

- Major orders or investment decisions;
- Co-operation agreements or other agreements of major importance;
- Material new or strategic joint-ventures;
- Commencement, settlement or judgment on material legal disputes;
- Material decisions taken by authorities; and
- Acquisitions and divestments of strategic significance.

Above referred matters shall be strictly confidential and may also be insider information unless and until made public by a stock exchange release.

Regular business news that do not fulfil the criteria for a stock exchange release but are estimated to be newsworthy or otherwise of interest to stakeholders and public are published as Press Releases by Corporate Communications in cooperation with local subsidiaries. Such news consists, for example, of the following:
- Orders received (Ramirent does not comment on ongoing projects)
- Minor contracts of strategic importance
- Successful projects or customer cases
- Minor new product launches, new technology developments
- Minor cooperation agreements with customers and partners
- Business unit and local management appointments

2.2. Issues that we do not comment on

Ramirent does not comment on pending matters, market rumors or media speculation, share price development, actions of competitors or customers, or analyst estimates unless considered necessary to correct relevant and clearly incorrect information that may materially affect the value of its security. In such a case the company will publish a correction.

Only officially disclosed price sensitive information (i.e. in interim reports and stock exchange releases) may be disseminated in the course of individual meetings and corporate presentations with Ramirent management.

In case Ramirent learns that price sensitive information has leaked prior to its disclosure or unintentionally to a third party, who does not owe duty of confidentiality, the company shall make an announcement regarding the matter without undue delay to the public.

All Ramirent Companies have the right to discuss in public their own area of operations, but no numerical financial information or other price sensitive information other than what has been disclosed in Group financial reports or through stock exchanging releases may be discussed.

2.3. Company calendar and silent period

Ramirent publishes a company calendar for each year listing the dates on which the company discloses its quarterly financial reports and date of the annual general meeting.

Ramirent observes a silent period of 21 days prior to the announcement of financial reports to prevent divulging financial information and to ensure equality. During this period Ramirent’s top management refrains from making any contacts or comments to investors, analysts and the media about the company’s business prospects, financial results, or future prospects. If an incident that arises during a silent period is subject to timely disclosure, Ramirent will, however, without undue delay disclose the information according to the disclosure regulations and may comment that particular matter.

2.4. Financial statements release and interim reports

Ramirent discloses quarterly interim reports regarding the company’s financial and business performance. The reports include quarterly and year-to-date figures on sales and profitability development, information on market development, segment information, strategic actions, capital expenditures, acquisitions, cash flow and balance sheet and outlook as well as other relevant information.

2.5. Annual report and auditor’s report

An annual report is published each year no later than three weeks before the Annual General Meeting. The annual report includes information about the year’s main events, CEO’s review, strategy review, and business segment review as well as the official audited consolidated financial statements of the company with the auditor’s report and the Board of Director’s report.

2.6. Financial targets and guidance

In conjunction with the strategy process, Ramirent’s Board of Directors assesses the need to revise the financial targets. Changes in financial targets are published as a stock exchange release. Based on its financial targets and the current market outlook, Ramirent gives guidance on the general and financial outlook for the current financial year in conjunction with interim reports.

2.7. Profit warning

According to the disclosure rules, a profit warning must be issued if the company's result or financial position unexpectedly and significantly shows either a less favourable or a better performance than a previous outlook and guidance given by the company. Profit warnings are disclosed without undue delay if Ramirent estimates that such deviation is considered price sensitive.

2.8. Insider guidelines

Ramirent has adopted internal Ramirent Insider Instructions (available at https://intra.ramirent.com), which comply with the NASDAQ OMX Helsinki Guidelines for Insiders.

If unpublished financial or other price sensitive information is given to employees, e.g. in the course of their duties, they must be made aware that insider rules then apply to them and they must undersign a specific insider undertaking form regarding that particular matter and be registered in the insider register. Contact person is Ramirent’s insider registrar or General Counsel. Project-specific insiders may not disclose nor take advantage of such unpublished confidential company information (i.e. no trading on Ramirent securities is allowed while holding insider information).

3. MEDIA RELATIONS

Media relations are handled jointly by Ramirent Corporate Communications and local companies.

Corporate Communications coordinates communications with the media. It is responsible for ensuring that Group-level communications comply with the company’s values and that they promote the corporate image goals set by the Group. It is not enough that Group-level communications meet the minimum official stipulations; the aim of communications is to create a competitive edge for the company.

Local communications, business communications and the PR activities of the local group companies are the responsibility of the managing director of the company, or the persons appointed by them. Corporate Communications acts as a consultant to these bodies, assisting them in all aspects of communications.

The head of each country is responsible for the country’s communications. The communications of each country must be in line with the corporate communications policy and the Group’s values. Local communications must not cause damage to other countries or the common interests of the Group. Any releases produced on country level must likewise comply with the Group’s values.

Communications should always be as open as company confidentiality permits, and also always reliable and as fast as possible. We mean to provide the same information to all media at the same time and apply equality with respect to all the media. As a rule we always try to append to releases the name of the person(s) who may be contacted to provide further information and a link to the Ramirent.com media bank.

Ramirent employees may give interviews and statements only concerning their own area of responsibility, unless otherwise agreed. Interviewees should always notify their own operating area’s/ units communications person in advance about a possible interview. In case the interview request comes from an international or financial journal, also Corporate Communications, should be notified.

3.1. Local news

Information that is purely of local nature, such as local appointments, job opportunities, events and provide more details about products and services can be announced locally without the approval of Corporate Communications. Local news may not contain numerical information other than such financial information which has been published previously by Ramirent Corporate Communications.

4. CORPORATE IMAGE

Corporate Communications is responsible for Ramirent’s corporate image and brand.

Ramirent’s brand is the perceived sum of all our actions and, at the same time, the heart and soul of our company. Naturally, we want this experience to be as unique, positive and consistent as possible. Ramirent’s corporate identity and communication express the profile and personality of our company, the way we look, talk and behave. It is designed to accord with and facilitate the attainment of our business objectives and vision of being the leading and most progressive equipment rental solutions company in Europe. Ramirent’s visual identity is defined in the Ramirent brand guidelines.

The name Ramirent should principally be used in full format. The shortened version "Rami" is only used internally at Ramirent.

Ramirent acts as a sponsor and advertises for support purposes only after very careful consideration. Such purposes must be clearly in line with the Group’s values, vision and mission, and also create added value for the company’s brand. Decisions on such sponsorship and advertising are taken by the Director, Corporate Communications on group level and by Country marketing managers on country level.

5. CRISIS COMMUNICATIONS

In the event of a major crisis situation within Group operations or an individual business segment it is particularly important that the damages to corporate image can be minimized and communication is effective and handled well.

It is vital that in the event of a major crisis, full and accurate information – with regular updates as the situation develops – is passed rapidly to the Group Management Team.

Crisis management at Ramirent is part of the company’s risk management function. The Crisis Management Team (CMT) handles practical crisis management. In exceptional situations, CMT appoints the designated spokespersons responsible for communications, among other things. Ramirent’s best experts for each situation are used to assist in special situations. For detailed instructions on how to proceed, please review Ramirent’s crisis communications guidelines available under Communications-section of the Group Intranet.

6. CONTACT DETAILS

If you have any questions regarding Ramirent communications or if you think a certain situation could fall under Ramirent’s obligation to provide stock exchange information please inform your immediate superior and Corporate Headquarters at Vantaa, Finland:

Franciska Janzon, Director, Corporate Communications
Direct +358-20 750 2859
Fax+358-20 750 2850
Email: franciska.janzon@ramirent.com

7. DEVIATIONS

The President and CEO of Ramirent Plc is responsible for overseeing and deciding on possible deviations from Ramirent’s Disclosure Policy. Ramirent respects the views of its customers and other business partners in terms of release regarding orders received, company acquisitions and divestitures, and cooperation agreements, subject, however, to the mandatory disclosure obligations under the NASDAQ OMX Helsinki disclosure rules and other applicable regulations