Insider issues

Inside information within the company and transactions on Finnair financial instruments by persons discharging managerial responsibilities in the company or their closely related persons are managed in accordance with the Market Abuse Regulation (MAR) and the insider guidelines of Nasdaq Helsinki and of the company. The company’s insider rules also apply to employees in the so-called informative core of the company. These insider guidelines can be viewed in their entirety here.

Finnair maintains a list of persons discharging managerial responsibilities in Finnair (managers), including their closely related persons and entities, who must notify the company and the Financial Supervisory Authority of their transactions on the company’s financial instruments within three business days of the execution of the transaction. The company must disclose these transactions in a stock exchange release during two business days of the notification. The company’s managers are the members of Finnair’s Board of Directors and of the Executive Board.

In addition to its managers, certain other employees of Finnair possess or have access to information on the company that is more extensive or more accurate than what is in the public domain. Therefore, the company has extended the trading restrictions also to certain persons who are in the informative core of the company, such as persons preparing interim reports and financial statements as well as persons responsible for finance, reporting or communication functions of the company ("core persons").

Persons who participate in an insider project are listed in the company's project-specific insider list.

The company’s managers and employees in the so-called informative core of the company are bound by a closed window on trading, which begins 30 days before the release of interim or annual results and continues until the end of the release date. The company may also impose other trading restrictions and grant exemptions in accordance with its insider rules.