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Merger of Neles Corporation and Valmet Oyj will be completed; Valmet’s listing application has been approved and trading in the new shares will commence on April 1, 2022

Neles Corporation's stock exchange release on March 31, 2022 at 2 p.m. EESTNOT FOR PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG, SOUTH AFRICA, SINGAPORE, JAPAN, THE UNITED STATES OR ANY OTHER JURISDICTION WHERE SUCH PUBLICATION OR DISTRIBUTION WOULD VIOLATE APPLICABLE LAWS OR RULES OR WOULD REQUIRE ADDITIONAL DOCUMENTS TO BE COMPLETED OR REGISTERED OR REQUIRE ANY MEASURE TO BE UNDERTAKEN IN ADDITION TO THE REQUIREMENTS UNDER FINNISH LAW. SEE “IMPORTANT NOTICE” BELOW. Neles Corporation (“Neles”) and Valmet Oyj (“Valmet”)

The Finnish Financial Supervisory Authority has approved a supplement to the merger prospectus concerning the combination of Neles Corporation and Valmet Oyj

Neles Corporation's stock exchange release on March 28, 2022 at 1.00  p.m. EESTNOT FOR PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG, SOUTH AFRICA, SINGAPORE, JAPAN, THE UNITED STATES OR ANY OTHER JURISDICTION WHERE SUCH PUBLICATION OR DISTRIBUTION WOULD VIOLATE APPLICABLE LAWS OR RULES OR WOULD REQUIRE ADDITIONAL DOCUMENTS TO BE COMPLETED OR REGISTERED OR REQUIRE ANY MEASURE TO BE UNDERTAKEN IN ADDITION TO THE REQUIREMENTS UNDER FINNISH LAW. SEE “IMPORTANT NOTICE” BELOW. The Finnish Financial Supervisory Authority has

Neles introduces the renewed Nelprof selection tool for automated process valves

Neles Corporation press release, March 23, 2022, at 10:00 a.m. EETThe complete Nelprof™ valve sizing and selection software for all intelligent automated process valves by Neles is now available as a free web-based tool. With its advanced control-valve selection features, the Nelprof™ tool allows fast and reliable selection of Neles™, Jamesbury™ and Easyflow by Neles™ branded intelligent automated process valves. First introduced in 1981, this latest version takes Nelprof™ to the next level with easy online access via your web browser. “Nelprof software utilizes intelligence based on

Neles' Board of Directors decided on an extra distribution in accordance with the combination agreement between Neles and Valmet

Neles Corporation's stock exchange release on March 22, 2022 at 7.45 p.m. EETNOT FOR PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG, SOUTH AFRICA, SINGAPORE, JAPAN, THE UNITED STATES OR ANY OTHER JURISDICTION WHERE SUCH PUBLICATION OR DISTRIBUTION WOULD VIOLATE APPLICABLE LAWS OR RULES OR WOULD REQUIRE ADDITIONAL DOCUMENTS TO BE COMPLETED OR REGISTERED OR REQUIRE ANY MEASURE TO BE UNDERTAKEN IN ADDITION TO THE REQUIREMENTS UNDER FINNISH LAW. SEE “IMPORTANT NOTICE” BELOW. Pursuant to the combination agreement between Neles

Neles Corporation and Valmet Oyj have resolved on the completion of the merger conditional on the extra distribution of funds of Neles and entered into a loan agreement concerning such distribution

Neles Corporation's stock exchange release, March 22, 2022 at 7.15 p.m. EETNOT FOR PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG, SOUTH AFRICA, SINGAPORE, JAPAN, THE UNITED STATES OR ANY OTHER JURISDICTION WHERE SUCH PUBLICATION OR DISTRIBUTION WOULD VIOLATE APPLICABLE LAWS OR RULES OR WOULD REQUIRE ADDITIONAL DOCUMENTS TO BE COMPLETED OR REGISTERED OR REQUIRE ANY MEASURE TO BE UNDERTAKEN IN ADDITION TO THE REQUIREMENTS UNDER FINNISH LAW. SEE “IMPORTANT NOTICE” BELOW. Neles Corporation (“Neles”) and Valmet Oyj (“Valmet”)

Decisions of the organizing meeting of Neles Corporation’s Board of Directors

Neles Corporation, Stock exchange release, March 22, 2022 at 5:20 pm EETThe Board of Directors of Neles Corporation held its organizing meeting after the Annual General Meeting on March 22, 2022. In the organizing meeting the Board of Directors elected the members of the Audit Committee and the Remuneration Committee from among its members. Anu Hämäläinen was appointed as the Chair of the Audit Committee and Niko Pakalen, and Jukka Tiitinen as members of the Audit Committee. Jaakko Eskola was appointed as the Chair of the Remuneration Committee and Niko Pakalen, Teija Sarajärvi and

Decisions by Neles Corporation’s Annual General Meeting 2022

Neles Corporation, Stock exchange release, March 22, 2022 at 11:15 am EETNeles Corporation’s (“Company”) Annual General Meeting (“AGM”) was held on March 22, 2022, at the Company’s headquarters in Vantaa. In order to prevent the spread of the Covid-19 pandemic, shareholders and their proxy representatives could not be present at the venue of the meeting. Shareholders and proxy representatives could participate in the meeting and exercise their shareholder rights only by voting in advance as well as by submitting counterproposals and presenting questions in advance. A total of 310

Neles Corporation and Valmet Oyj have received all competition approvals for the merger of Neles into Valmet - completion expected to take place on April 1, 2022

Neles Corporation's stock exchange release on March 21, 2022 at 2.45 p.m. EETNOT FOR PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG, SOUTH AFRICA, SINGAPORE, JAPAN, THE UNITED STATES OR ANY OTHER JURISDICTION WHERE SUCH PUBLICATION OR DISTRIBUTION WOULD VIOLATE APPLICABLE LAWS OR RULES OR WOULD REQUIRE ADDITIONAL DOCUMENTS TO BE COMPLETED OR REGISTERED OR REQUIRE ANY MEASURE TO BE UNDERTAKEN IN ADDITION TO THE REQUIREMENTS UNDER FINNISH LAW. SEE “IMPORTANT NOTICE” BELOW. Neles Corporation (“Neles”) and Valmet Oyj (“Valmet”

The Finnish Financial Supervisory Authority has approved a supplement to the merger prospectus concerning the combination of Neles Corporation and Valmet Oyj

Neles Corporation's stock exchange release on March 3, 2022 at 2 p.m. EETNOT FOR PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG, SOUTH AFRICA, SINGAPORE, JAPAN, THE UNITED STATES OR ANY OTHER JURISDICTION WHERE SUCH PUBLICATION OR DISTRIBUTION WOULD VIOLATE APPLICABLE LAWS OR RULES OR WOULD REQUIRE ADDITIONAL DOCUMENTS TO BE COMPLETED OR REGISTERED OR REQUIRE ANY MEASURE TO BE UNDERTAKEN IN ADDITION TO THE REQUIREMENTS UNDER FINNISH LAW. SEE “IMPORTANT NOTICE” BELOW. The Finnish Financial Supervisory Authority has

Neles Corporation: Notice to the Annual General Meeting 2022

Neles Corporation, Stock exchange release, February 23, 2022, at 10.15 a.m. EETNotice is given to the shareholders of Neles Corporation (“Neles” or “the Company”) to the Annual General Meeting to be held on Tuesday, March 22, 2022 at 10.00 a.m. EET at Neles Corporation’s headquarters, Vanha Porvoontie 229, 01380 Vantaa, Finland. In order to prevent the spread of the COVID-19 pandemic, the Annual General Meeting will be held without shareholders’ and their proxy representatives’ presence at the meeting venue. The Board of Directors of the Company has resolved on the exceptional procedure

Neles’ Annual Report for 2021 published

Neles Corporation’s Stock Exchange release, February 23, 2022, at 10:00 a.m. EETNeles Corporation has today, February 23, 2022, published its Annual Report for 2021. Annual Report includes board of directors’ report and financial statements. As a part of the Annual Report, Neles has also published its Corporate Governance Statement and Remuneration Report. Additionally, a sustainability review (GRI supplement) has been published. Neles’ Annual Report is published in accordance with the European Single Electronic Format (ESEF) reporting requirements. The format of the report is Extensible

The Finnish Financial Supervisory Authority has approved a supplement to the merger prospectus concerning the combination of Neles Corporation and Valmet Oyj

Neles Corporation's stock exchange release on February 9, 2022 at 2.00 p.m. EETNOT FOR PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG, SOUTH AFRICA, SINGAPORE, JAPAN, THE UNITED STATES OR ANY OTHER JURISDICTION WHERE SUCH PUBLICATION OR DISTRIBUTION WOULD VIOLATE APPLICABLE LAWS OR RULES OR WOULD REQUIRE ADDITIONAL DOCUMENTS TO BE COMPLETED OR REGISTERED OR REQUIRE ANY MEASURE TO BE UNDERTAKEN IN ADDITION TO THE REQUIREMENTS UNDER FINNISH LAW. SEE “IMPORTANT NOTICE” BELOW. The Finnish Financial Supervisory Authority has

Proposals by the Board of Directors to the Neles Corporation Annual General Meeting 2022

Neles Corporation, Stock exchange release, February 4, 2022, at 09:05 a.m. EETProposals by the Board of Directors to the Annual General Meeting 2022 The Annual General Meeting ("AGM") of Shareholders of Neles Corporation (“Neles” or the “Company”) is planned to be held on Tuesday, March 22, 2022. The Board of Directors of the Company has resolved on the exceptional procedure for the meeting based on the legislative act concerning temporary deviations from the Finnish Companies Act (375/2021). The AGM will be held without the presence of shareholders or their representatives in

Neles’ Financial Statements Review January 1 – December 31, 2021

Neles Corporation, Stock exchange release, February 4, 2022, at 09:00 a.m. EETThis Financial Statements Review is not an offer of merger consideration shares in the United States. The merger consideration shares have not been and will not be registered under the U.S. Securities Act of 1933 (the “Securities Act”), and may not be offered, sold, or delivered within or into the United States, except pursuant to an applicable exemption of, or in a transaction not subject to, the Securities Act. There will be no public offering of securities in the United States. This Financial Statements Review

Neles to accelerate its strategy implementation with a new operating model and organization, including changes in executive management team

Neles Corporation, Stock exchange release, January 25, 2022, at 9.00 a.m. EETNeles Corporation has decided on a new operating model and organization, effective from February 7, 2022. The new organization is designed to accelerate strategy implementation by strengthening Neles’ long-term offering development and diversification to new customer industries. The other main objective of the change is to better align Neles’ organization and processes with the specific requirements of customer segments. "Becoming a leading diversified valve and valve automation company reinventing reliability

Neles Corporation: Proposals of the Shareholders’ Nomination Board regarding the composition and remuneration of the Board of Directors

Neles Corporation, Stock exchange release on January 24, 2022, at 11 a.m. EETThe Shareholders' Nomination Board of the Neles Corporation (“Neles”) presents the following proposals to the Annual General Meeting 2022 planned to be held on March 22, 2022, if the merger with Valmet Oyj does not close before February 28, 2022. The proposals concern the term of office of the Board of Directors commencing at the end of the Annual General Meeting 2022 and expiring at the registration of the completion of the merger of Neles into Valmet Oyj.   Proposal for the composition of the Board of

Neles Corporation: Changes in the composition of the Shareholders’ Nomination Board

Neles Corporation, Stock exchange release on January 14, 2022 at 3.30 p.m. EETAlfa Laval AB (publ.) has informed Neles Corporation (“Neles” or the “Company”) that it has sold the shares it held in Neles. Consequently, Emma Adlerton, a member of the Shareholders’ Nomination Board, has today resigned from the Shareholders’ Nomination Board. Pursuant to the Charter of the Shareholders’ Nomination Board, a member nominated by a shareholder is obliged to resign from the Shareholders’ Nomination Board if the shareholder transfers more than half of the shares it held on 1[st] of September which

Neles to publish its Financial Statements Review for January-December 2021 on February 4, 2022

Neles Corporation, press release, January 14, 2022, at 9:00 AM EETNeles will publish its Financial Statements Review for January-December 2021 on Friday, February 4, 2022, approximately at 9:00 AM EET. A teleconference hosted by Interim President and CEO Simo Sääskilahti will be held on the same day at 2:00 PM EET. To register as a participant for the teleconference and Q&A session, please dial in 5 to 10 minutes before the beginning of the event using the confirmation code and numbers below. The teleconference will be recorded and published on Neles’ website. The contact information

Neles’ financial information in 2022

Neles Corporation, Stock exchange release, December 15, 2021, at 6:15 p.m. EETNeles Corporation will publish the following financial information in 2022: The Financial Statements Review for 2021 will be published on February 4, 2022, if the merger with Valmet has not closed prior to this. The silent period starts on January 5, 2021. Neles’ Annual General Meeting 2022 is planned to be held on March 22, 2022, if the merger with Valmet does not close before February 28, 2022. Neles' Board of Directors will convene the meeting by separate invitation. The Financial Statements for 2021

Simo Sääskilahti, CFO of Neles, appointed Neles’ interim President and CEO as of January 1, 2022

Neles Corporation, Stock exchange release, November 30, 2021, at 3:00 p.m. EETNeles’ Board of Directors has appointed CFO Simo Sääskilahti as Neles’ interim President and CEO as of January 1, 2022. The current President and CEO, Olli Isotalo, will continue in the role until December 31, 2021. The merger between Valmet and Neles is planned to take place on or before April 1, 2022, once the necessary merger control approvals by the relevant competition authorities are obtained. In the merged company Neles is planned to be organized as an independent organizational entity called Flow

Neles and thyssenkrupp Uhde Chlorine Engineers have signed a frame agreement for the delivery of valve solutions for green hydrogen applications

Neles Corporation press release, November 17, 2021, at 10:00 a.m. EETWithin the scope of the agreement, Neles will deliver Neles™ segment valves to be used in electrolysis plant modules supplied by thyssenkrupp Uhde Chlorine Engineers.   Towards the clean energy transition   Green hydrogen — aka hydrogen extracted from water using renewable energy — has been identified as a key component in the clean energy transition. Hydrogen enables huge potential in renewable energy storage, in transportation, and in increasing the use of renewable energy in some carbon-intensive industrial

Neles Eurohub concept ensures fast and reliable delivery of standard products for channel partners in Europe

Neles Corporation, press release, November 8, 2021, at 11:00 a.m. EETNeles is introducing Neles™ Eurohub, a centralized warehouse and logistics concept catering to the needs of its European channel partners. The new concept enables fast and reliable delivery of off-the-shelf Neles products and parts from a conveniently located hub. Eurohub opens with a wide selection of valve automation products, as well as selected valve types. “Availability is key for our channel partners. With the new Eurohub concept, we can now offer them additional flexibility through our stock – and just a few

Neles Corporation and Valmet Oyj target for completion of the merger on or before April 1, 2022

Neles Corporation's stock exchange release, November 5, 2021, at 3:15 p.m. EETNOT FOR PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, HONG KONG, SOUTH AFRICA, SINGAPORE, JAPAN, THE UNITED STATES OR ANY OTHER JURISDICTION WHERE SUCH PUBLICATION OR DISTRIBUTION WOULD VIOLATE APPLICABLE LAWS OR RULES OR WOULD REQUIRE ADDITIONAL DOCUMENTS TO BE COMPLETED OR REGISTERED OR REQUIRE ANY MEASURE TO BE UNDERTAKEN IN ADDITION TO THE REQUIREMENTS UNDER FINNISH LAW. SEE “IMPORTANT NOTICE” BELOW. Neles Corporation (“Neles”) and Valmet Oyj (“

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