Unity Management Group Backs OliOil Ltd. in Strategic Investment Deal

Turku, Finland – Paris, France 14-05-2025 – EU Aims for Zero Water Pollution by 2030, Audit
Reveals Progress and Implementation Gaps While Finnish Startup OliOil Ltd Gains Strategic
Investment to Revolutionize Oil Spill Response.

Unity Management Group Oy, a management consulting and investor firm headquartered in Espoo,
Finland, has made a strategic investment in OliOil Ltd, acquiring a 20% ownership stake.
The European Union has set an ambitious goal of achieving zero water pollution by 2030. In pursuit
of this, a recent audit by the European Court of Auditors assessed the effectiveness of EU actions
aimed at tackling seawater pollution originating from ships. The findings indicate that while EU
regulations have led to improvements, weaknesses in their implementation and a lack of sufficient
data to accurately measure results persist.

The audit highlighted that despite the European Maritime Safety Agency (EMSA) developing valuable
tools to aid in this effort, Member States are not utilizing them to their full potential. Furthermore,
many Member States are failing to meet mandatory targets for inspecting ships, a crucial step in
preventing pollution. The audit also noted a lack of comprehensive oversight regarding the
outcomes of EU-funded projects in this area and the potential for scaling up successful initiatives.
Alarmingly, the current monitoring of ship-source pollution was deemed inadequate.

The audit report also included concerning data on the estimated frequency of oil spills, highlighting
that while major spills (over 700 tonnes) occur approximately 2-5 times per year, medium spills (7-
700 tonnes) happen around 25-40 times annually. Minor spills (under 7 tonnes) are even more
frequent, occurring hundreds of times each year, often going unreported. These estimates are based
on historical data from organizations such as the International Tanker Owners Pollution Federation
(ITOPF) and EMSA.

The importance of a healthy marine ecosystem cannot be overstated. It is vital for maintaining
biodiversity, supporting crucial fish stocks, and playing a significant role in absorbing CO2 emissions.
Pollution at sea, stemming from human activities, remains a major threat to the marine waters of
the European Union. The EU’s 8th Environmental Action Programme, which came into effect in
2022, underscores the urgency of achieving its zero-pollution ambition for water within the next
decade.

In parallel news, Finnish startup OliOil Ltd has announced a significant step forward in its mission to
combat oceanic oil spills. Unity Management Group Oy, a management consulting and investor firm
headquartered in Espoo, Finland, has made a strategic investment in OliOil Ltd, acquiring a 20%
ownership stake.

OliOil Ltd, a pioneering startup with a multinational team and upcoming offices in Paris, France, and
the Middle East, is on the verge of revolutionizing oil spill response through its innovative robotic
solution, currently undergoing patenting. Their approach integrates cutting-edge AI and satellite
technology, backed by a collaboration of international experts and universities.

OliOil’s On-Deck Oil Spill Management Solution offers immediate assistance with a robotic first aid
kit oil boom system featuring semiautomated trawlers. This system, housed in a specialized on-deck
container deployable on oil tankers, large cargo vessels, and at commercial ports, aims to rapidly
contain spills and prevent their spread upon occurrence.

The investment from Unity Management Group Oy will support OliOil Ltd's expansion plans and
drive innovation within the maritime sector, contributing to the development of a Proof of Concept
within the Zero Emission Ecosystem. Recognizing that oil spills pose a significant environmental
challenge, OliOil’s robotic solutions offer a promising alternative to traditional, often limited, oil spill
response methods. Research consistently highlights the importance of early detection, rapid
response, and effective containment, areas where OliOil’s technology aims to excel by improving
efficiency, accuracy, and safety.

“OliOil Ltd is seeking to jointly raise more funding, which will be obtained in accordance with the
signed Capital Introduction and Consulting Agreement. The common objective of this agreement is
to list OliOil in the London exchange within 5 years. This will be achieved through financing
negotiations from the UAE, France and elsewhere. The company is ready to establish corporate
structures in the UAE and France for both greater funding and potential volume manufacturing in
the local markets. These steps will enable OliOil to raise more funding, which will create the
conditions for the company’s subsequent listing on the stock exchange,” says Petri Björkbacka, CEO
of Unity Management Group Oy.

About Unity Management Group Oy: Unity Management Group Oy is a management consulting
company founded in 2017 and headquartered in Espoo, Finland.

About OliOil Ltd: OliOil Ltd. is a highly promising Finnish startup poised to make a significant impact
on the oil spill response industry. The company’s key strengths lie in its innovative integration of AI
and satellite technology, its strong foundation in academic research and robust industry
partnerships, governmental support through Business Finland, and its clearly articulated value
proposition for faster, more cost-effective, and sustainable oil spill response. More information can
be found at https://OliOil.iO.

Contact:
1. Kristian Laiho, PhD Candidate, CEO, +358443354410, [email protected]
2. Philippe Mezger, PhD, Director, +33633768933, [email protected]

Further Information:
https://olioil.io
https://www.eca.europa.eu/en/publications/SR-2025-06