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Notification regarding transaction by Valmet Oyj's Manager

Valmet Oyj March 16, 2017 at 4:00 p.m. EET Valmet Oyj's Executive Team members received shares under Valmet's Long-Term Incentive (LTI) plan 2016 on March 16, 2017. The shares were awarded based on set performance criteria for 2016 and on the person's position at that time. Valmet - Managers' Transactions____________________________________________ Person subject to the notification requirementName: Pietilä, HannuPosition: Other senior managerIssuer: ValmetLEI: 213800D9O7FUQDH83V62 Notification type: INITIAL NOTIFICATIONReference number: 213800D9O7FUQDH83V62_

Notification regarding transaction by Valmet Oyj's Manager

Valmet Oyj March 16, 2017 at 4:00 p.m. EET Valmet Oyj's Executive Team members received shares under Valmet's Long-Term Incentive (LTI) plan 2016 on March 16, 2017. The shares were awarded based on set performance criteria for 2016 and on the person's position at that time. Valmet - Managers' Transactions____________________________________________ Person subject to the notification requirementName: Laine, PasiPosition: Chief Executive OfficerIssuer: ValmetLEI: 213800D9O7FUQDH83V62 Notification type: INITIAL NOTIFICATIONReference number: 213800D9O7FUQDH83V62_

Notification regarding transaction by Valmet Oyj's Manager

Valmet Oyj March 16, 2017 at 4:00 p.m. EET Valmet Oyj's Executive Team members received shares under Valmet's Long-Term Incentive (LTI) plan 2016 on March 16, 2017. The shares were awarded based on set performance criteria for 2016 and on the person's position at that time. Valmet - Managers' Transactions____________________________________________ Person subject to the notification requirementName: Simola, VesaPosition: Other senior managerIssuer: ValmetLEI: 213800D9O7FUQDH83V62 Notification type: INITIAL NOTIFICATIONReference number: 213800D9O7FUQDH83V62_

Notification regarding transaction by Valmet Oyj's Manager

Valmet Oyj March 16, 2017 at 4:00 p.m. EET Valmet Oyj's Executive Team members received shares under Valmet's Long-Term Incentive (LTI) plan 2016 on March 16, 2017. The shares were awarded based on set performance criteria for 2016 and on the person's position at that time. Valmet - Managers' Transactions____________________________________________ Person subject to the notification requirementName: Ruotsalainen, SakariPosition: Other senior managerIssuer: ValmetLEI: 213800D9O7FUQDH83V62 Notification type: INITIAL NOTIFICATIONReference number: 213800D9O7FUQDH83V62_

Notification regarding transaction by Valmet Oyj's Manager

Valmet Oyj March 16, 2017 at 4:00 p.m. EET Valmet Oyj's Executive Team members received shares under Valmet's Long-Term Incentive (LTI) plan 2016 on March 16, 2017. The shares were awarded based on set performance criteria for 2016 and on the person's position at that time. Valmet - Managers' Transactions____________________________________________ Person subject to the notification requirementName: Tacla, CelsoPosition: Other senior managerIssuer: ValmetLEI: 213800D9O7FUQDH83V62 Notification type: INITIAL NOTIFICATIONReference number: 213800D9O7FUQDH83V62_

Notification regarding transaction by Valmet Oyj's Manager

Valmet Oyj March 16, 2017 at 4:00 p.m. EET Valmet Oyj's Executive Team members received shares under Valmet's Long-Term Incentive (LTI) plan 2016 on March 16, 2017. The shares were awarded based on set performance criteria for 2016 and on the person's position at that time. Valmet - Managers' Transactions____________________________________________ Person subject to the notification requirementName: Vähäpesola, JariPosition: Other senior managerIssuer: ValmetLEI: 213800D9O7FUQDH83V62 Notification type: INITIAL NOTIFICATIONReference number: 213800D9O7FUQDH83V62_

Notification regarding transaction by Valmet Oyj's Manager

Valmet Oyj March 16, 2017 at 4:00 p.m. EET Valmet Oyj's Executive Team members received shares under Valmet's Long-Term Incentive (LTI) plan 2016 on March 16, 2017. The shares were awarded based on set performance criteria for 2016 and on the person's position at that time. Valmet - Managers' Transactions____________________________________________ Person subject to the notification requirementName: Tiitinen, JukkaPosition: Other senior managerIssuer: ValmetLEI: 213800D9O7FUQDH83V62 Notification type: INITIAL NOTIFICATIONReference number: 213800D9O7FUQDH83V62_

Notification regarding transaction by Valmet Oyj's Manager

Valmet Oyj March 16, 2017 at 4:00 p.m. EET Valmet Oyj's Executive Team members received shares under Valmet's Long-Term Incentive (LTI) plan 2016 on March 16, 2017. The shares were awarded based on set performance criteria for 2016 and on the person's position at that time. Valmet - Managers' Transactions____________________________________________ Person subject to the notification requirementName: Saarinen, KariPosition: Chief Financial OfficerIssuer: ValmetLEI: 213800D9O7FUQDH83V62 Notification type: INITIAL NOTIFICATIONReference number: 213800D9O7FUQDH83V62_

Notification regarding transaction by Valmet Oyj's Manager

Valmet Oyj March 16, 2017 at 4:00 p.m. EET Valmet Oyj's Executive Team members received shares under Valmet's Long-Term Incentive (LTI) plan 2016 on March 16, 2017. The shares were awarded based on set performance criteria for 2016 and on the person's position at that time. Valmet - Managers' Transactions____________________________________________ Person subject to the notification requirementName: Lappalainen, JuhaPosition: Other senior managerIssuer: ValmetLEI: 213800D9O7FUQDH83V62 Notification type: INITIAL NOTIFICATIONReference number: 213800D9O7FUQDH83V62_

Notification regarding transaction by Valmet Oyj's Manager

Valmet Oyj March 16, 2017 at 4:00 p.m. EET Valmet Oyj's Executive Team members received shares under Valmet's Long-Term Incentive (LTI) plan 2016 on March 16, 2017. The shares were awarded based on set performance criteria for 2016 and on the person's position at that time. Valmet - Managers' Transactions____________________________________________ Person subject to the notification requirementName: Salonsaari-Posti, AnuPosition: Other senior managerIssuer: ValmetLEI: 213800D9O7FUQDH83V62 Notification type: INITIAL NOTIFICATIONReference number: 213800D9O7FUQDH83V62_

DB Regio opts for IVU.rail

IVU and DB Regio enter into a framework contract for the delivery of an integrated planning and dispatch systemBerlin, 16 March 2017 – Planning and dispatching vehicles and personnel in one system – this is what the largest German regional public transport supplier will be able to do in the future, thanks to IVU.rail. A corresponding framework contract has been signed by DB Regio AG and IVU Traffic Technologies AG. The contract envisages the uniform replacement of DB Regio’s existing planning and dispatching systems with IVU.rail. In the future, all of DB Regio’s transport networks will

Finnair’s Annual General Meeting 2017: speeches by Chairman of the Board and CEO

Klaus Heinemann, Chairman of the Board: Finnair's growth also speeds up Finland's growth  In many ways, 2016 was a good year for the global aviation industry and for Finnair, too, stated Klaus Heinemann, Chairman of Finnair’s Board of Directors, upon opening Finnair’s Annual General Meeting 2017. – Aviation expanded by 6.3 percent during 2016, or double of global GDP growth, and Finnair booked its 9th consecutive quarterly results improvement. However, I believe we can still perform better. – Finnair is in the process of executing its accelerated growth strategy to protect and build

Supervisory Board selects the candidate for the post of Riga Airport Chairman of the Board

According to Juris Kanels, Chairman of the Airport's Supervisory Board, the Supervisory Board of SJSC "Riga International Airport" has decided to nominate Board Member Ilona Līce for the currently vacant post of Chairman of the Board."Ilona Līce has gained extensive experience and professionalism during the more than six years that she has been working in the Airport's Board. These years have ensured the company stable and confident growth. Riga Airport has strengthened its leading position in the Baltics, and Ilona Līce has proven herself as a competent manager with a clear vision for both

#17-251 Listing of Knock out warrant issued by BNP Paribas Arbitrage Issuance B.V.

As from March 17, 2017, 1 Knock out warrant issued by BNP Paribas Arbitrage Issuance B.V. will be listed on NDX Sweden and will be included on the list for Knock-Outs. The instrument will be registered at Euroclear Sweden AB. Issuer: BNP Paribas Arbitrage Issuance B.V. Type of security: Knock out warrant, open ended Execution: Automatic cash settlement Term: As from March 17, 2017 and forward or until time for knock out event Market Maker: BNP Paribas Arbitrage SNC Underlying: OMXS30 index Current values of strike and barrier can be found at: [ NGM Market Data Web -

Aim of UTA assessment study to foster collaboration across region

Fair housingA University of Texas at Arlington interdisciplinary project will assess fair housing issues across jurisdictional lines for the North Texas region. Twenty-two cities and housing authorities have contributed $734,430 to conduct the study, which can be broken into three parts: collection of data and fair housing analysis, community participation and development of goals and priorities. From its inception, the Fair Housing Act has prohibited discrimination and mandated to “affirmatively furthered fair housing.” This rule calls for an integrated assessment and planning

#17-250 Listing of Turbo warrants issued by Commerzbank AG

As from March 17, 2017, 6 Turbo warrants issued by Commerzbank AG will be listed on NDX Sweden and will be included on the list for Knock-Outs. The instruments will be registered at Euroclear Sweden AB. Issuer: Commerzbank AG Type of security: Call Turbo warrants of European type Execution: Automatic cash settlement Term: As from March 17, 2017 to expiry date Market Maker: Commerzbank AG Underlying: DAX 30 Index OMXS30 index For more details see attached file. For further information concerning this NDX notice please contact: NDX Listing on +46 8 566 390 20 or

#17-249 Listing of Knock out warrants issued by Commerzbank AG

As from March 17, 2017, 3 Knock out warrants issued by Commerzbank AG will be listed on NDX Sweden and will be included on the list for Knock-Outs. The instruments will be registered at Euroclear Sweden AB.Issuer: Commerzbank AG Type of security: Knock out warrants, open ended Execution: Automatic cash settlement Term: As from March 17, 2017 and forward or until time for knock out event Market Maker: Commerzbank AG Underlying: DAX 30 Index OMXS30 index Current values of strike and barrier can be found at: [ NGM Market Data Web - KnockOutWarrants ] 

#17-248 Delisting of Instrument issued by Commerzbank AG

After the end of today’s trading, 1 Instrument issued by Commerzbank AG will be delisted from NDX Sweden.For more details see attached files. For further information concerning this NDX notice please contact: NDX Listing on +46 8 566 390 10 or at ndxlist@ngm.se Nordic Growth Market NGM AB About NDX Nordic derivatives Exchange (NDX) is a market for listing and trading of derivatives and other structured products. The market is operated by Nordic Growth Market (www.ngm.se), a regulated exchange under the supervision of the Swedish Financial Supervisory Authority. NDX offers

#17-118 Listing of Knock out warrants issued by Commerzbank AG

As from March 17, 2017, 11 Knock out warrants issued by Commerzbank AG will be listed on NDX Finland and will be included on the list for Knock-Outs. The instruments will be registered at Euroclear Finland Oy. Issuer: Commerzbank AG Type of security: Knock out warrants, open ended Execution: Automatic cash settlement Term: As from March 17, 2017 and forward or until time for knock out event Market Maker: Commerzbank AG Underlying: DAX 30 Index Current values of strike and barrier can be found at: [ NGM Market Data Web - KnockOutWarrants ] 

Metsä Board Corporation: Managers’ transactions

Metsä Board Corporation Managers’ transactions 16 March 2017 at 3.30 pm EET Metsäliitto Cooperative, who is a closely associated person to Metsä Board’s Chairman of the Board, transferred on 15 March 2017 shares relating to Metsä Group’s and Metsä Board’s long term share incentive plans. More specific information on the transaction can be found in the table below: Closely associated legal Metsäliitto Cooperativeperson subject to thenotification:Manager within the issuer: Kari JordanManager’s position within the Chairman of the Boardissuer:The issuer:

Metsä Board Corporation: Managers’ transactions

Metsä Board Corporation Managers’ transactions 16 March 2017 at 3.30 pm EET  The CEO of Metsä Board Mika Joukio received on 15 March 2017 shares based on Metsä Board’s long term share incentive plan. He also received shares relating to his previous position as CEO of Metsä Tissue Corporation and based on Metsä Group’s long term share incentive plan. More specific information related to the transaction can be found in the table below: Manager within the Mika Joukioissuer:Manager’s position Chief Executive Officerwithin the issuer:The issuer: Metsä Board

Metsä Board Corporation: Managers’ transactions

Metsä Board Corporation Managers’ transactions 16 March 2017 at 3.30 pm EET  Riikka Joukio, who is a closely associated person to Metsä Board’s CEO, received on 15 March 2017 shares in her role as a key employee of Metsäliitto Cooperative and based on Metsä Group’s long term share incentive system plan. More specific information on the transaction can be found in the table below: Closely associated person Riikka Joukiosubject to thenotification:Manager within the issuer: Mika JoukioManager’s position within Chief Executive Officerthe issuer:The issuer:

Metsä Board Corporation: Managers’ transactions

Metsä Board Corporation Managers’ transactions 16 March 2017 at 3.30 pm EET  The Chairman of the Board of Metsä Board Kari Jordan received on 15 March 2017 shares in his role as President and CEO of Metsäliitto Cooperative and based on Metsä Group’s long term share incentive plan. More specific information related to the transaction can be found in the table below:  Manager within the Kari Jordanissuer:Manager’s position Chairman of the Boardwithin the issuer:The issuer: Metsä Board CorporationIssuer’s LEI-code: 743700KKB8Q035K38488Notification type:

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