Changes in Metsä Board’s Corporate Management Team

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Metsä Board Corporation Stock exchange release Changes board/management/auditors 6 September 2023 at 09:00 EEST

Ari Kiviranta, SVP, Technology and a member of the Corporate Management Team, has decided to leave his position at Metsä Board and retire. Kiviranta will continue in his position until 31 October 2023. Kiviranta's responsibilities will be transferred to Harri Pihlajaniemi, currently SVP, Production and a member of the Corporate Management Team. Pihlajaniemi will take up the position of SVP, Production and Technology as of 1 November 2023. Pihlajaniemi will continue to be a member of Metsä Board's Corporate Management Team and will report to CEO Mika Joukio.

Metsä Board's CEO Mika Joukio: "On behalf of the entire Management Team, I would like to warmly thank Ari for his long-term commitment and contribution to the company. He has been strongly involved in developing Metsä Board's competitiveness, leading the company towards fossil-free production and world-class resource and production efficiency. I wish Ari all the best in his new phase of life."

After the changes, Metsä Board's Corporate Management Team consists of Mika Joukio, CEO; Henri Sederholm, CFO; Markku Leskelä, SVP, Development; Jussi Noponen, SVP, Sales and Supply Chain; Harri Pihlajaniemi, SVP, Production and Technology and Camilla Wikström, SVP, HR.

Photo of Ari Kiviranta https://databank.metsagroup.com/l/KmSVzqpT7Ctg
Photo of Harri Pihlajaniemi https://databank.metsagroup.com/l/TtfcLbFwJP-T

METSÄ BOARD CORPORATION

For further information, please contact:

Media: Mika Joukio, CEO, tel. +358 10 465 4300

Investors and analysts: Katri Sundström, VP, Investor relations, tel. +358 10 462 0101

Metsä Board
metsagroup.com/metsaboard

Metsä Board is a leading European producer of premium fresh fibre paperboards. We focus on lightweight and high-quality folding boxboards, food service boards and white kraftliners. The pure fresh fibres we use in our products are a renewable and recyclable resource, that can be traced back to sustainably managed northern forests. We are a forerunner in sustainability, and we aim to have completely fossil free mills and raw materials by the end of 2030.

Together with our customers we develop innovative packaging solutions to create better consumer experiences with less environmental impact. In 2022 our sales totalled around EUR 2.5 billion, and we have around 2,250 employees. We promote a culture of diversity, equality and inclusion. Metsä Board, part of Metsä Group, is listed on the Nasdaq Helsinki.

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