ELISA MANAGERS' TRANSACTIONS RELEASE 24 JULY 2020 AT 11:00 AM The following notification is made according to Article 19 of the Market Abuse Regulation. Elisa Oyj - Managers' Transactions ____________________________________________ Person subject to the notification requirement Name: Kinnunen, Jari Position: Other senior manager Issuer: Elisa Oyj LEI: 743700TU2S3DXWGU7H32 Notification type: INITIAL NOTIFICATION Reference number: 743700TU2S3DXWGU7H32_20200724101004_7 ____________________________________________ Transaction date: 2020-07-23 Venue: AQXE Instrument type: SHARE ISIN: FI0009007884 Nature of the transaction: DISPOSAL Transaction details (1): Volume: 11 Unit price: 53.5 EUR (2): Volume: 75 Unit price: 53.5 EUR (3): Volume: 157 Unit price: 53.54 EUR (4): Volume: 108 Unit price: 53.6 EUR (5): Volume: 163 Unit price: 53.62 EUR (6): Volume: 8 Unit price: 53.62 EUR (7): Volume: 9 Unit price: 53.56 EUR (8): Volume: 8 Unit price: 53.48 EUR (9): Volume: 8 Unit price: 53.44 EUR (10): Volume: 87 Unit price: 53.44 EUR (11): Volume: 10 Unit price: 53.44 EUR (12): Volume: 9 Unit price: 53.34 EUR (13): Volume: 11 Unit price: 53.34 EUR Aggregated transactions (13): Volume: 664 Volume weighted average price: 53.54289 EUR ____________________________________________ Transaction date: 2020-07-23 Venue: BATS CHI-X EUROPE -BXE ORDER BOOKS (BATE) Instrument type: SHARE ISIN: FI0009007884 Nature of the transaction: DISPOSAL Transaction details (1): Volume: 156 Unit price: 53.62 EUR Aggregated transactions (1): Volume: 156 Volume weighted average price: 53.62 EUR ____________________________________________ Transaction date: 2020-07-23 Venue: BATS EUROPE - CXE DARK ORDER BOOK (CHID) Instrument type: SHARE ISIN: FI0009007884 Nature of the transaction: DISPOSAL Transaction details (1): Volume: 115 Unit price: 53.48 EUR (2): Volume: 117 Unit price: 53.36 EUR (3): Volume: 117 Unit price: 53.52 EUR Aggregated transactions (3): Volume: 349 Volume weighted average price: 53.45318 EUR ____________________________________________ Transaction date: 2020-07-23 Venue: BATS CHI-X EUROPE -CXE ORDER BOOKS (CHIX) Instrument type: SHARE ISIN: FI0009007884 Nature of the transaction: DISPOSAL Transaction details (1): Volume: 7 Unit price: 53.5 EUR (2): Volume: 50 Unit price: 53.5 EUR (3): Volume: 29 Unit price: 53.5 EUR (4): Volume: 87 Unit price: 53.5 EUR (5): Volume: 180 Unit price: 53.5 EUR (6): Volume: 156 Unit price: 53.56 EUR (7): Volume: 22 Unit price: 53.56 EUR (8): Volume: 11 Unit price: 53.6 EUR (9): Volume: 19 Unit price: 53.62 EUR (10): Volume: 21 Unit price: 53.56 EUR (11): Volume: 9 Unit price: 53.56 EUR (12): Volume: 7 Unit price: 53.54 EUR (13): Volume: 7 Unit price: 53.52 EUR (14): Volume: 3 Unit price: 53.52 EUR (15): Volume: 17 Unit price: 53.48 EUR (16): Volume: 22 Unit price: 53.5 EUR (17): Volume: 10 Unit price: 53.5 EUR (18): Volume: 13 Unit price: 53.48 EUR (19): Volume: 6 Unit price: 53.48 EUR (20): Volume: 11 Unit price: 53.48 EUR (21): Volume: 17 Unit price: 53.48 EUR (22): Volume: 12 Unit price: 53.46 EUR (23): Volume: 16 Unit price: 53.44 EUR (24): Volume: 20 Unit price: 53.44 EUR (25): Volume: 12 Unit price: 53.44 EUR (26): Volume: 16 Unit price: 53.34 EUR (27): Volume: 15 Unit price: 53.36 EUR (28): Volume: 26 Unit price: 53.58 EUR (29): Volume: 8 Unit price: 53.6 EUR (30): Volume: 30 Unit price: 53.58 EUR (31): Volume: 9 Unit price: 53.66 EUR (32): Volume: 12 Unit price: 53.62 EUR (33): Volume: 15 Unit price: 53.7 EUR (34): Volume: 100 Unit price: 53.68 EUR (35): Volume: 9 Unit price: 53.68 EUR (36): Volume: 12 Unit price: 53.66 EUR (37): Volume: 74 Unit price: 53.62 EUR (38): Volume: 14 Unit price: 53.62 EUR (39): Volume: 9 Unit price: 53.6 EUR (40): Volume: 9 Unit price: 53.58 EUR (41): Volume: 9 Unit price: 53.54 EUR (42): Volume: 8 Unit price: 53.56 EUR (43): Volume: 21 Unit price: 53.56 EUR (44): Volume: 11 Unit price: 53.54 EUR (45): Volume: 14 Unit price: 53.52 EUR (46): Volume: 69 Unit price: 53.54 EUR (47): Volume: 13 Unit price: 53.54 EUR (48): Volume: 8 Unit price: 53.54 EUR (49): Volume: 22 Unit price: 53.54 EUR (50): Volume: 11 Unit price: 53.52 EUR (51): Volume: 13 Unit price: 53.48 EUR (52): Volume: 9 Unit price: 53.5 EUR (53): Volume: 14 Unit price: 53.48 EUR (54): Volume: 10 Unit price: 53.44 EUR (55): Volume: 25 Unit price: 53.4 EUR (56): Volume: 8 Unit price: 53.38 EUR (57): Volume: 16 Unit price: 53.34 EUR (58): Volume: 17 Unit price: 53.42 EUR (59): Volume: 9 Unit price: 53.4 EUR (60): Volume: 8 Unit price: 53.42 EUR (61): Volume: 10 Unit price: 53.4 EUR (62): Volume: 20 Unit price: 53.38 EUR (63): Volume: 7 Unit price: 53.36 EUR (64): Volume: 8 Unit price: 53.36 EUR (65): Volume: 5 Unit price: 53.38 EUR (66): Volume: 9 Unit price: 53.38 EUR (67): Volume: 17 Unit price: 53.36 EUR (68): Volume: 13 Unit price: 53.3 EUR (69): Volume: 7 Unit price: 53.3 EUR (70): Volume: 13 Unit price: 53.3 EUR Aggregated transactions (70): Volume: 1,546 Volume weighted average price: 53.52149 EUR ____________________________________________ Transaction date: 2020-07-23 Venue: DHEL Instrument type: SHARE ISIN: FI0009007884 Nature of the transaction: DISPOSAL Transaction details (1): Volume: 61 Unit price: 53.52 EUR (2): Volume: 61 Unit price: 53.56 EUR (3): Volume: 61 Unit price: 53.62 EUR (4): Volume: 61 Unit price: 53.62 EUR (5): Volume: 61 Unit price: 53.49 EUR (6): Volume: 61 Unit price: 53.5 EUR (7): Volume: 61 Unit price: 53.42 EUR (8): Volume: 61 Unit price: 53.55 EUR (9): Volume: 61 Unit price: 53.54 EUR (10): Volume: 61 Unit price: 53.54 EUR (11): Volume: 61 Unit price: 53.54 EUR (12): Volume: 61 Unit price: 53.55 EUR (13): Volume: 61 Unit price: 53.51 EUR (14): Volume: 61 Unit price: 53.53 EUR (15): Volume: 61 Unit price: 53.36 EUR Aggregated transactions (15): Volume: 915 Volume weighted average price: 53.52333 EUR ____________________________________________ Transaction date: 2020-07-23 Venue: NASDAQ HELSINKI LTD (XHEL) Instrument type: SHARE ISIN: FI0009007884 Nature of the transaction: DISPOSAL Transaction details (1): Volume: 61 Unit price: 53.6 EUR (2): Volume: 13 Unit price: 53.58 EUR (3): Volume: 100 Unit price: 53.58 EUR (4): Volume: 100 Unit price: 53.58 EUR (5): Volume: 235 Unit price: 53.62 EUR (6): Volume: 157 Unit price: 53.64 EUR (7): Volume: 69 Unit price: 53.54 EUR (8): Volume: 4 Unit price: 53.54 EUR (9): Volume: 77 Unit price: 53.56 EUR (10): Volume: 79 Unit price: 53.56 EUR (11): Volume: 98 Unit price: 53.54 EUR (12): Volume: 87 Unit price: 53.54 EUR (13): Volume: 72 Unit price: 53.54 EUR (14): Volume: 139 Unit price: 53.52 EUR (15): Volume: 43 Unit price: 53.5 EUR (16): Volume: 35 Unit price: 53.5 EUR (17): Volume: 90 Unit price: 53.48 EUR (18): Volume: 121 Unit price: 53.5 EUR (19): Volume: 126 Unit price: 53.5 EUR (20): Volume: 68 Unit price: 53.5 EUR (21): Volume: 61 Unit price: 53.48 EUR (22): Volume: 100 Unit price: 53.48 EUR (23): Volume: 88 Unit price: 53.48 EUR (24): Volume: 11 Unit price: 53.48 EUR (25): Volume: 82 Unit price: 53.48 EUR (26): Volume: 109 Unit price: 53.48 EUR (27): Volume: 67 Unit price: 53.46 EUR (28): Volume: 119 Unit price: 53.44 EUR (29): Volume: 90 Unit price: 53.44 EUR (30): Volume: 20 Unit price: 53.44 EUR (31): Volume: 72 Unit price: 53.44 EUR (32): Volume: 7 Unit price: 53.34 EUR (33): Volume: 108 Unit price: 53.34 EUR (34): Volume: 132 Unit price: 53.36 EUR (35): Volume: 120 Unit price: 53.36 EUR (36): Volume: 69 Unit price: 53.58 EUR (37): Volume: 169 Unit price: 53.58 EUR (38): Volume: 13 Unit price: 53.6 EUR (39): Volume: 67 Unit price: 53.6 EUR (40): Volume: 78 Unit price: 53.62 EUR (41): Volume: 224 Unit price: 53.58 EUR (42): Volume: 86 Unit price: 53.62 EUR (43): Volume: 149 Unit price: 53.62 EUR (44): Volume: 115 Unit price: 53.66 EUR (45): Volume: 10 Unit price: 53.68 EUR (46): Volume: 68 Unit price: 53.68 EUR (47): Volume: 60 Unit price: 53.6 EUR (48): Volume: 18 Unit price: 53.6 EUR (49): Volume: 89 Unit price: 53.58 EUR (50): Volume: 78 Unit price: 53.54 EUR (51): Volume: 94 Unit price: 53.56 EUR (52): Volume: 32 Unit price: 53.56 EUR (53): Volume: 135 Unit price: 53.56 EUR (54): Volume: 66 Unit price: 53.58 EUR (55): Volume: 100 Unit price: 53.54 EUR (56): Volume: 122 Unit price: 53.52 EUR (57): Volume: 100 Unit price: 53.54 EUR (58): Volume: 90 Unit price: 53.54 EUR (59): Volume: 41 Unit price: 53.54 EUR (60): Volume: 94 Unit price: 53.54 EUR (61): Volume: 177 Unit price: 53.54 EUR (62): Volume: 24 Unit price: 53.54 EUR (63): Volume: 1 Unit price: 53.58 EUR (64): Volume: 87 Unit price: 53.58 EUR (65): Volume: 137 Unit price: 53.54 EUR (66): Volume: 127 Unit price: 53.56 EUR (67): Volume: 83 Unit price: 53.56 EUR (68): Volume: 35 Unit price: 53.56 EUR (69): Volume: 6 Unit price: 53.56 EUR (70): Volume: 35 Unit price: 53.56 EUR (71): Volume: 98 Unit price: 53.52 EUR (72): Volume: 5 Unit price: 53.52 EUR (73): Volume: 88 Unit price: 53.56 EUR (74): Volume: 3 Unit price: 53.54 EUR (75): Volume: 64 Unit price: 53.54 EUR (76): Volume: 21 Unit price: 53.54 EUR (77): Volume: 87 Unit price: 53.48 EUR (78): Volume: 7 Unit price: 53.48 EUR (79): Volume: 79 Unit price: 53.5 EUR (80): Volume: 122 Unit price: 53.48 EUR (81): Volume: 8 Unit price: 53.46 EUR (82): Volume: 120 Unit price: 53.46 EUR (83): Volume: 9 Unit price: 53.48 EUR (84): Volume: 68 Unit price: 53.44 EUR (85): Volume: 98 Unit price: 53.4 EUR (86): Volume: 1 Unit price: 53.4 EUR (87): Volume: 216 Unit price: 53.4 EUR (88): Volume: 111 Unit price: 53.38 EUR (89): Volume: 59 Unit price: 53.36 EUR (90): Volume: 23 Unit price: 53.36 EUR (91): Volume: 116 Unit price: 53.34 EUR (92): Volume: 68 Unit price: 53.34 EUR (93): Volume: 82 Unit price: 53.4 EUR (94): Volume: 22 Unit price: 53.42 EUR (95): Volume: 78 Unit price: 53.42 EUR (96): Volume: 31 Unit price: 53.42 EUR (97): Volume: 51 Unit price: 53.42 EUR (98): Volume: 59 Unit price: 53.4 EUR (99): Volume: 14 Unit price: 53.4 EUR (100): Volume: 82 Unit price: 53.38 EUR (101): Volume: 77 Unit price: 53.36 EUR (102): Volume: 58 Unit price: 53.36 EUR (103): Volume: 114 Unit price: 53.42 EUR (104): Volume: 84 Unit price: 53.4 EUR (105): Volume: 12 Unit price: 53.4 EUR (106): Volume: 109 Unit price: 53.38 EUR (107): Volume: 76 Unit price: 53.36 EUR (108): Volume: 85 Unit price: 53.36 EUR (109): Volume: 75 Unit price: 53.38 EUR (110): Volume: 103 Unit price: 53.38 EUR (111): Volume: 41 Unit price: 53.38 EUR (112): Volume: 103 Unit price: 53.38 EUR (113): Volume: 61 Unit price: 53.36 EUR (114): Volume: 58 Unit price: 53.36 EUR (115): Volume: 35 Unit price: 53.36 EUR (116): Volume: 118 Unit price: 53.36 EUR (117): Volume: 39 Unit price: 53.3 EUR (118): Volume: 73 Unit price: 53.3 EUR (119): Volume: 102 Unit price: 53.3 EUR (120): Volume: 84 Unit price: 53.3 EUR (121): Volume: 16 Unit price: 53.3 EUR (122): Volume: 148 Unit price: 53.3 EUR (123): Volume: 33 Unit price: 53.3 EUR (124): Volume: 92 Unit price: 53.3 EUR (125): Volume: 221 Unit price: 53.3 EUR (126): Volume: 221 Unit price: 53.3 EUR (127): Volume: 197 Unit price: 53.3 EUR (128): Volume: 24 Unit price: 53.3 EUR (129): Volume: 106 Unit price: 53.3 EUR Aggregated transactions (129): Volume: 10,294 Volume weighted average price: 53.46842 EUR Elisa's Management holdings: https://elisa.com/corporate/governance/management -holdings/ ELISA CORPORATION Vesa Sahivirta IR Director tel. +358 50 520 5555 Distribution: Nasdaq Helsinki Principal media www.elisa.com