Outokumpu Corporation
Stock exchange release
August 1, 2025 at 3.00 pm EEST
Outokumpu - The composition of the Shareholders' Nomination Board
Outokumpu Corporation's Shareholders' Nomination Board has been established to
annually prepare proposals to the General Meeting for the election and
remuneration of the members of the Board of Directors. The Nomination Board
consists of five members - four represent the company's largest shareholders and
the Chairman of the Board of Directors acts as the fifth member of the
Nomination Board. The largest shareholders are determined on the basis of the
shareholder register of the company according to the ownership situation on the
first business day of August each year.
On August 1, 2025, the four largest shareholders of Outokumpu were Solidium Oy,
Varma Mutual Pension Insurance Company, Ilmarinen Mutual Pension Insurance
Company, and the State Pension Fund of Finland. As the State Pension Fund of
Finland has informed Outokumpu that it will not use its nomination right, the
right transfers to the Social Insurance Institution of Finland. The shareholders
have appointed the following representatives to the Nomination Board:
· Matts Rosenberg, incoming CEO of Solidium Oy
· Pekka Pajamo, Senior Vice-President, CFO, Finance and Internal Services of
Varma Mutual Pension Insurance Company
· Esko Torsti, Head of Alternative Investments of Ilmarinen Mutual Pension
Insurance Company
· Lasse Lehtonen, Director General of the Social Insurance Institution of
Finland
Kari Jordan, Chairman of the Board of Directors of Outokumpu, acts as a fifth
member of the Nomination Board. The Nomination Board will submit its proposals
to Outokumpu's Board of Directors on January 31, 2026, at the latest. Outokumpu
will publish the proposals of the Nomination Board in a release and include them
in the notice to the Annual General Meeting.
More information on the Nomination Board is available on our
website (https://www.outokumpu.com/en/investors/governance/shareholders
-nomination-board).
For more information:
Investors: Ulla Paajanen, SVP, IR and Strategic Advisory, tel. +358 40 763 8767
Media desk, tel. +358 40 351 9840, e-mail: media(at)outokumpu.com
Outokumpu Corporation
Outokumpu is accelerating the green transition as the global leader in
sustainable stainless steel. Our business is based on the circular economy: our
products are made from 95% recycled materials, which we then turn into fully
recyclable stainless steel. This steel is utilized in various applications
across society, including infrastructure, mobility, and household appliances. We
are committed to 1.5°C target to mitigate climate change, and with up to 75%
lower carbon footprint than the industry average, we support our customers to
reduce their emissions. Together, we are working towards a world that lasts
forever. Outokumpu Corporation employs approximately 8,700 professionals in
close to 30 countries, with headquarters in Helsinki, Finland and shares listed
in Nasdaq Helsinki. Read more: www.outokumpu.com