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Notice to the Shareholders’ Meeting of merged Neles Corporation

Neles’ Interim Review January 1 – March 31, 2022

Change in Valmet’s Executive Team: CFO Kari Saarinen leaves Valmet

Merger of Valmet Oyj and Neles Corporation has been registered and the combination of Valmet’s and Neles’ business operations has been completed

Valmet publishes its updated guidance for 2022 and confirms its new financial targets after the completion of the merger with Neles

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

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

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

Valmet Oyj and Neles Corporation 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

Directed share issue related to reward payment of Valmet’s share-based long-term incentive plans