Ponsse's employee co-operation negotiations have been concluded

Ponsse Plc's employee co-operation negotiations have been concluded. During the
negotiations was agreed about lay-offs for a period of a maximum of 90 days and
they apply to the entire personnel. The lay-offs can be implemented in one or
more periods.

Vieremä, 19 March 2020

PONSSE PLC
Juho Nummela, President and CEO


FURTHER INFORMATION
Juho Nummela, President and CEO, tel. +358 400 495 690



DISTRIBUTION
Nasdaq Helsinki Ltd
Principal media
www.ponsse.com


Ponsse Plc specialises in the sale, production, maintenance and technology of
cut-to-length method forest machines and is driven by a genuine interest in its
customers and their business operations. Ponsse develops and manufactures
sustainable and innovative harvesting solutions based on customer
needs.

The company was established by forest machine entrepreneur Einari Vidgrén in
1970, and has been a leader in timber harvesting solutions based on the cut-to
-length method ever since. Ponsse is headquartered in Vieremä, Finland. The
company’s shares are quoted on the Nasdaq Nordic List. This year Ponsse
celebrates its 50[th] Anniversary.