Valmet's largest shareholders according to the shareholder register of September 1, 2015 and formation of the Nomination Board

The representatives of the four largest shareholders registered in Valmet's shareholder register as of September 1, 2015 are elected to the Nomination Board along with the Chairman of the Board of Directors Bo Risberg as an expert member. The Nomination Board is to prepare proposals on members of the Board of Directors and their remuneration for the next Annual General Meeting which is planned to be held on March 22, 2016.

According to the shareholders register in Euroclear, Valmet Corporation's four largest shareholders on September 1, 2015 were:

- Solidium Oy (16,695,287 shares and votes or 11.14% of share capital and votes)
- Cevian Capital Partners Ltd (10,323,191 shares and votes or 6.89% of share capital and votes)
- Solero LuxCo S.à r.l. (Funds advised by Triton) (5,349,756 shares and votes or 3.57% of share capital and votes)
- Varma Mutual Pension Insurance Company (4,208,465 shares and votes or 2.81% of share capital and votes)

Should a shareholder not wish to exercise his/her nomination right, the right shall be transferred to the next largest shareholder who otherwise would not be entitled to nominate a member.

Further information, please contact:
Rasmus Oksala, General Counsel, Valmet, tel. +358 10 672 0026
Hanna-Maria Heikkinen, Vice President, Investor Relations, Valmet, tel. +358 10 672 0007

VALMET

Markku Honkasalo
CFO

Hanna-Maria Heikkinen
VP, Investor Relations

Valmet is the leading global developer and supplier of technologies, automation and services for the pulp, paper and energy industries. Valmet's vision is to become the global champion in serving its customers.

Valmet's services cover everything from maintenance outsourcing to mill and plant improvements and spare parts. The strong technology offering includes pulp mills, tissue, board and paper production lines, as well as power plants for bio-energy production. Valmet's advanced automation solutions range from single measurements to mill wide turnkey automation projects.

Valmet's net sales in 2014 were approximately EUR 2.5 billion. Our 12,000 professionals around the world work close to our customers and are committed to moving our customers' performance forward - every day. Valmet's head office is in Espoo, Finland and its shares are listed on the NASDAQ OMX Helsinki Ltd.

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