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Composition of Metso’s Shareholders' Nomination Board

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Metso Corporation’s stock exchange release on August 19, 2024, at 9.00 a.m. EEST

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

Metso’s four largest registered shareholders on August 15, 2024, were Solidium (14.9% of shares and votes), Cevian Capital Partners (7.8% of shares and votes), Varma Mutual Pension Insurance Company (3.8% of shares and votes) and Ilmarinen Mutual Pension Insurance Company (3.0% of shares and votes).

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

  • Annareetta Lumme-Timonen, Investment Director, Solidium
  • Philip Ahlgren, Partner, Cevian Capital AB
  • Risto Murto, President & CEO, Varma
  • Mikko Mursula, Deputy CEO, Investments, Ilmarinen
  • Kari Stadigh, Chair of Metso’s Board of Directors

The Nomination Board will provide its proposals relating to the composition of the Board and Board remuneration to the company’s Board of Directors on January 31, 2025, at the latest.

Further information, please contact:

Nina Kiviranta, General Counsel, tel. +358 20 529 2017.


Distribution:

Nasdaq Helsinki Ltd

Main media

www.metso.com


Metso is a frontrunner in sustainable technologies, end-to-end solutions and services for the aggregates, minerals processing and metals refining industries globally. We improve our customers’ energy and water efficiency, increase their productivity, and reduce environmental risks with our product and service expertise. We are the partner for positive change. 

Headquartered in Espoo, Finland, Metso employs over 17,000 people in close to 50 countries and sales for 2023 were about EUR 5.4 billion. The company is listed on the Nasdaq Helsinki. metso.com, x.com/metsoofficial

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