Outokumpu Oyj - Changes board/management/auditors

Changes in Outokumpu's Leadership Team: Juhani Ristaniemi appointed as Executive Vice President, General Counsel

Outokumpu Corporation
Stock exchange release
June 10, 2024 at 8.00 am EEST

Changes in Outokumpu's Leadership Team: Juhani Ristaniemi appointed as Executive
Vice President, General Counsel

Juhani Ristaniemi (LL.M., MBA) has been appointed as Executive Vice President,
General Counsel and Member of the Outokumpu Leadership Team as of July 1, 2024.
Juhani has been working at Outokumpu since 2022 as Senior Vice President,
General Counsel, and his role covers legal and compliance.

“I'm pleased to welcome Juhani to the Outokumpu Leadership Team. Since joining
the company, he has demonstrated exceptional skill as a strategic partner in
risk mitigation, ensuring compliance, and enhancing decision-making with a
comprehensive legal perspective. Legal and compliance are crucial to a company's
overall success and stability, and Juhani has excelled in managing them at
Outokumpu. He already is an integral part of our top leadership in his role as
Secretary to the Board of Directors and Outokumpu Leadership team”, says Heikki
Malinen, President & CEO, Outokumpu Corporation.

“Our excellent legal and compliance professionals are continuously helping
Outokumpu navigate the ever-evolving regulatory landscape, conduct business in
an ethical and compliant manner and negotiate contracts in support of our
business goals. This forms a solid basis from which I am excited to now build on
further to drive and develop our business as part of the Leadership Team”, says
Juhani Ristaniemi.

Juhani is a Finnish citizen. He continues to report to President & CEO Heikki
Malinen.

For more information:

Investors: Linda Häkkilä, Head of Investor Relations, tel. +358 400 719 669

Media: Päivi Allenius, SVP - Brand & Communications, tel. +358 40 753 7374 or
Outokumpu media desk, tel. +358 40 351 9840

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 8,500 professionals in
close to 30 countries, with headquarters in Helsinki, Finland and shares listed
in Nasdaq Helsinki. Read more: www.outokumpu.com

Attachments:

CV Juhani Ristaniemi ENG.pdf