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Patria Oyj is a public limited liability company owned by the State of Finland (50.1%) and by Kongsberg Defence and Aerospace AS (49.9%). The shares and votes are as specified below:

The State of Finland

13.948.786 shares and votes

Kongsberg Defence & Aerospace AS

13.893.103 shares and votes

Total

27.841.889 shares and votes

Kongsberg Defence & Aerospace AS (reg. nro: 978 614 582) is owned 100% by Kongsberg Gruppen ASA (reg. nro: 943 753 709). Kongsberg Gruppen ASA is a publicly traded company listed on the Oslo Stock Exchange. The Norwegian state owns 50.001% of the shares.

There are no beneficial owners in Patria Oyj.

Patria Group consists of the parent company, Patria Oyj, and its wholly owned subsidiaries. In addition to wholly owned subsidiaries, Patria owns 61.8% of Millog Oy and 50% of Nammo AS, a Norwegian company, 60 % of Milrem LCM OÜ in Estonia and 49.9% of Kongsberg Aviation Maintenance Services AS in Norway.

The statutory bodies of Patria Oyj – the Annual General Meeting of Shareholders, the Board of Directors, and the President and CEO – are responsible for the company’s administration and operations. The shareholders, State of Finland and Kongsberg Defence and Aerospace AS appoint the Board of Directors members for Patria Oyj in the Annual General Meeting of Shareholders. Each shareholder has the right to appoint four (4) out of the maximum eight (8) Board members. State of Finland has the right to appoint the Chairman of the Board.

The Group’s operating activities are managed by the President and CEO, assisted by the Board of Management. Operationally Patria is operationally divided into business units and each business unit has a management group of its own.

The Consultative Committee of Patria Oyj is an advisory body serving the Board of Directors and does not have statutory duties.

Group structure 2019

Patria Oyj’s subsidiaries and joint ventures

Patria subsidiaries and joint ventures are reported yearly in the Annual Report.

Subsidiary

Domicile

Ownership %

Patria Aviation Oy

Jämsä, Finland

100

- Patria Aerostructures Oy

Jämsä, Finland

100

  - - Patricomp Oy

Jämsä, Finland

100

 - Patria Helicopters AS

Bardufoss, Norway

100

 - Patria Pilot Training Oy

Helsinki, Finland

100

 - Patria Svenska AB

Sigtuna, Sweden

100

 - - Patria Helicopters AB

Sigtuna, Sweden

100

Patria Estonia OÜ

Tallinn, Estonia

100

Patria ISP Oy

Helsinki, Finland

100

Patria Land Services Oy

Helsinki, Finland

100

Patria Land Systems Oy

Helsinki, Finland

100

 - Patria Land Middle East Limited

Abu Dhabi, UAE

100

 - Patria Land Sverige AB

Stockholm, Sweden

100

 - Patria Land Systems SA (Pty) Ltd

Pretoria, South Africa

100

 - Kiinteistö Oy Hämeenlinnan Vanajanportti Oy

Hämeenlinna, Finland

100

- Patria Polska Sp. z.o.o

Warsaw, Poland

100

Millog Oy

Tampere, Finland

61.8

 - Oricopa Kiinteistöt Oy

Orivesi, Finland

100

 - Senop Oy

Kangasala, Finland

100

Milrem LCM (OÜ)

Tallinn, Estonia

60.0

 

Joint venture

Domicile

Ownership %

Nammo AS

Raufoss, Norway

50.0

Svensk Försvarslogistik AB

Kongsberg Aviation Maintenance Services AS

Stockholm, Sweden

Kjeller, Norway

50.0

49.9

Silverskin Information Security Oy

Helsinki, Finland

25.0