Summa Defence Plc Class A · OMXHEX:SUMMA
Summa Defence Plc Class A — Savosolar — Merger or Acquisition (August 2022)
10 slides from Summa Defence Plc Class A's merger presentation, Aug 29, 2022
Slide 1: Savosolar, Meriaura, and VG EcoFuel to merge
SAVOSOLAR, MERIAURA, AND VG ECOFUEL TO MERGE 29 AUGUST 2022
Slide 2: Today's speakers
Today’s speakers Jari Varjotie Eero Auranne Jussi Mälkiä, CEO, Savosolar Oyj Chairman of the Board, Chairman of the Board, VG- Savosolar Oyj Shipping Oy & Meriaura Oy
Slide 3: Planned merger helps to meet the demand for renewable energy
Planned merger helps to meet the demand for renewable energy Answer to green transition demand 1 Together, Savosolar and Meriaura (+VG EcoFuel) can meet the growing demand for solutions based on renewable energy and fill the supply gap. The merger will speed up business expansion in solar heat, low-
Slide 4: The transaction in brief
The transaction in brief Savosolar Oyj acquires Meriaura Oy, a marine logistics company, and the business of its subsidiary VG EcoFuel Oy from VG-Shipping Oy Savosolar’s (3) VG-Shipping Oy • The transaction will be implemented by organizing a directed share offering to VG- shareholders (2) Shipping,
Slide 5: Merged company in brief
Merged company in brief Key persons Key information Kirsi Suopelto New Chairman of the Board (2) Savosolar is a company listed on Nasdaq’s First • H1’22 revenue: EUR 2.1m North Growth Market with over 15,000 shareholders. • Revenue growth (H2’22 vs. H2’21): ~31% Eero Auranne The largest shareholder
Slide 6: Meriaura and VG EcoFuel in brief
Meriaura and VG EcoFuel in brief Meriaura provides efficient and low-carbon marine transports as Ships owned by Meriaura end-to-end services or individual transports according to client Open deck carrier Meri 4,500 mt needs. It has the expertise and fleet for Northern European Open deck carrier Aura
Slide 7: Merger provides Savosolar shareholders with added value
Merger provides Savosolar shareholders with added value 01 The transaction is expected to create significant value to current and future 03 The share issue to be arranged for the execution of the transaction significantly strengthens the shareholders as the company’s scope of action company's equity
Slide 8: Benefits to clients
Benefits to clients The products and services of the merging companies complement each other, and there 1 are very few overlaps – clients will see this as a wider offering The merged company makes it possible to develop and expand business so that is covers 2 a larger range of the pure energy and lo
Slide 9: Timetable
Timetable 29 August 2022: Savosolar Oyj signs a conditional share exchange agreement to buy from VG-Shipping Oy marine logistics company Meriaura Oy and the business of its subsidiary VG EcoFuel Oy, producer and marketer of biofuels. Estimated in November 2022: Savosolar Oyj’s business changes subst
Slide 10: Further information
Further information Jari Varjotie CEO Savosolar Oyj + 358 400 419734 jari.varjotie@savosolar.com 9