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Composition of Metso Outotec’s Shareholders' Nomination Board

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Metso Outotec Corporation’s stock exchange release on August 17, 2021, at 11:15 a.m. EEST

The four largest shareholders of Metso Outotec have nominated representatives to the Shareholders’ Nomination Board, which included the Chair of the Board of Directors as the fifth member.

Metso Outotec’s four largest registered shareholders on August 15, 2021, were Solidium (14.9% of shares and votes), Cevian Capital Partners (7.8% of shares and votes), Varma Mutual Pension Insurance Company (3.3% of shares and votes), and Ilmarinen Mutual Pension Insurance Company (2.8% of shares and votes).

As a result, Metso Outotec’s Shareholders’ Nomination Board consists of:

  • Annareetta Lumme-Timonen, Investment Director, Solidium
  • Niko Pakalén, Partner, Cevian Capital Partners Ltd
  • Risto Murto, President & CEO, Varma
  • Mikko Mursula, Deputy CEO, Ilmarinen
  • Kari Stadigh, Chair of Metso Outotec's Board of Directors

The Shareholders’ Nomination Board should provide its proposals relating to the composition of the Board and Board remuneration to the Metso Outotec Board of Directors on January 31, 2022, at the latest.

Further information, please contact:

Nina Kiviranta, General Counsel, tel. +358 20 529 2017, nina.kiviranta@mogroup.com

Metso Outotec Corporation

Distribution:
Nasdaq Helsinki Ltd
Main media
www.mogroup.com

Metso Outotec is a frontrunner in sustainable technologies, end-to-end solutions and services for the aggregates, minerals processing and metals refining industries globally. By improving our customers’ energy and water efficiency, increasing their productivity, and reducing environmental risks with our product and process expertise, we are the partner for positive change. 

Metso Outotec is committed to limiting global warming to 1.5°C with Science Based Targets. We ranked 8th on the 2021 Global 100 list of the world’s most sustainable companies.

Headquartered in Helsinki, Finland, Metso Outotec employs over 15,000 people in more than 50 countries and its sales for 2020 were about EUR 3.9 billion. The company is listed on the Nasdaq Helsinki. mogroup.com, twitter.com/metsooutotec

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