Announcement • Jun 29
Betolar Expands Critical Infrastructure Protection Solutions with Fourth Patent Application Betolar is developing a comprehensive critical infrastructure protection solution that combines multiple complementary technologies and implementation approaches. The company has filed its fourth patent application related to this overall solution, further expanding its potential applications. The latest patent application relates to a modular protection system based on reinforced standard containers, enabling rapid and flexible deployment across various use cases. Previously, Betolar has announced solutions including physical protection structures for electric substations and main transformers, drone protection systems for large infrastructure sites, and rapidly deployable protection solutions based on locally sourced, low-carbon materials. Betolar is bringing to market a critical infrastructure protection solution based on reinforced and equipped standard containers, combining a modular structure, versatile configuration options, and rapid deployment. The containers can be tailored to different protection needs, from personnel protection to asset protection, and they provide protection against both gunfire and explosions. Key advantages of the container-based protection system include cost efficiency, mobility, versatility, and comprehensive protection against a wide range of threats. The solution provides an alternative to traditional fixed protection structures. It is based on a layered protection concept that combines physical protection with functional elements: different material and structural layers absorb and distribute impact and blast loads, while integrated equipment supports the operational requirements of the protected site. The reinforced standard containers are equipped according to the protection needs of each site and can be deployed either directly on-site or from a centralized outfitting location. The system can be used to protect, for example, critical buildings, main transformers at electrical substations, gas network valves, and personnel against various physical threats. Betolar develops customer-driven solutions to strengthen its position as a provider of infrastructure protection solutions and to increase the share of proprietary solutions in its business. The company currently has four patent applications related to critical infrastructure protection. Announcement • Jun 25
Betolar Oyj announced that it expects to receive €6 million in funding from Keskinäinen Eläkevakuutusyhtiö Ilmarinen, Nidoco AB Betolar Oyj has announced a private placement of 10% unrated, unsecured and perpetual convertible capital notes of the company to raise gross proceeds of € 3,000,000 and Term Loan agreement with Danske Bank A/S, Finland Branch to raise gross proceeds of € 3,000,000 on June 23, 2026. The transaction involves the returning investor participation of Ajanta Innovaatiot 2 Ky, Keskinäinen Eläkevakuutusyhtiö Ilmarinen, and Nidoco AB participated in the Offering, and each participant was allocated, pursuant to subscription, Notes having an aggregate initial nominal amount of EUR 1 million and Scalewolf Management, UAB for term loan. Danske Bank A/S, Finland Branch. The convertible capital notes are 100% convertible into 1,428,571 common shares of the company at a conversion price value of € 2.10 per share and carry interest rate of 10%. The transaction has been approved by the board of directors of the company. The transaction is subject to shareholders approval from it EGM which will be held on August 2026. The notes have a maturity date of June 30, 2031. The term loan have a maturity date of November 2028.The transaction is expected to close on June 30, 2026. The Term Loan is expected to be secured and to bear interest linked to the 6-month Euribor. Announcement • Jun 24
Soila Söderström to Leave Her Position of General Counsel and Member of Management Team from Betolar Plc, Effective July 15, 2026 Betolar Plc had announced that Soila Söderström (LL.M.), General Counsel and a member of Betolar Plc's Management Team, had decided to leave her position with the company. Söderström had served as Betolar's General Counsel as well as Secretary to the Board of Directors and the Management Team since 2022. She was appointed as a member of the Management Team in May 2024. Soila Söderström would continue in her role until July 15, 2026. The recruitment process for a successor would be initiated immediately. In the Management Team, her responsibilities had extended beyond legal matters to include Public Affairs and Advocacy, IPR, Human Resources, Communications and Sustainability, and she had had an important role in the company's strategic transformation. 