Sami Pauni appointed Executive Vice President, General Counsel

UPM-Kymmene CorporationStock Exchange Release (Changes
board/management/auditors) July 28, 2025, at 16:05 EEST

Sami Pauni appointed Executive Vice President, General Counsel

Sami Pauni has been appointed Executive Vice President, General Counsel. He will
be a member of UPM's Group Executive Team and report to Massimo Reynaudo,
President and CEO. He will assume his role by January 24, 2026, at the latest.

Sami Pauni, born 1974, joins UPM from Huhtamäki Oyj where he has held a variety
of senior positions since 2006 in legal as well as in sustainability, corporate
responsibility, risk management, and intellectual property. He has been a member
of Huhtamäki's Global Executive Team since 2015, most recently in the position
of EVP, Sustainability, Corporate Affairs and Legal. He holds a Master of Laws
degree. He is a Finnish citizen and will be based in Helsinki, Finland.

“I warmly welcome Sami to UPM and the Group Executive team. He is a seasoned,
well-versed professional whose broad expertise in legal, compliance and
corporate governance and relevant industry experience will serve us well,” says
Massimo Reynaudo.

Sami Pauni succeeds Juha Mäkelä, who has reached his contractual retirement age
after serving as UPM's Group General Counsel since 2005.

“On behalf of the entire company and the Group Executive Team, I want to thank
Juha for his outstanding contribution to UPM. Throughout his 20 years career in
the company, he has been a trusted and highly respected leader and colleague,
known for his sound counsel based on his strong business acumen and
uncompromised integrity,” says Reynaudo.

Juha Mäkelä will continue in his current position until the end of 2025 and as
Senior Adviser to the company during the first half of 2026 to ensure a smooth
transition.

UPM, Media relations
Mon-Fri 9:00-16:00 EEST
tel. +358 40 588 3284
media@upm.com

UPM
UPM is a material solutions company, renewing products and entire value chains
with an extensive portfolio of renewable fibres, advanced materials,
decarbonization solutions, and communication papers. Our performance in
sustainability has been recognized by third parties, including EcoVadis and the
Dow Jones Sustainability Indices. We operate globally and employ approximately
15,800 people worldwide, with annual sales of approximately €10.3 billion. Our
shares are listed on Nasdaq Helsinki Ltd.

UPM - we renew the everyday
Read more: upm.com (http://www.upm.com)

Follow us onLinkedIn (https://www.linkedin.com/company/upm
-kymmene)|Facebook (https://www.facebook.com/UPMGlobal)|YouTube (https://www.yout
ube.com/user/upmdotcom)|Instagram (https://www.instagram.com/upmworld/)|
X (https://twitter.com/UPMGlobal) |#UPM #materialsolutions #WeRenewTheEveryday