Neste Oyj - Changes board/management/auditors

Eeva Sipilä resigns from Neste's Board

Neste Corporation, Stock Exchange Release, 13 February 2025 at 10:00 a.m. (EET)

Eeva Sipilä, a member of the Board of Directors and the Chair of the Audit
Committee of Neste Corporation, has announced her resignation from the Board of
the company as of today. The reason for the resignation is her appointment as
Neste's Chief Financial Officer as of 1 May 2025, at the latest. The stock
exchange release on the appointment was published on 28 October 2024.

After Sipilä's resignation Neste's Board comprises eight members. The Chair of
the Board Matti Kähkönen performs the duties of the Chair of the Audit Committee
until the new Board to be elected at the Annual General Meeting on 25 March 2025
has organized itself.

Neste Corporation

Hanna Maula
Senior Vice President, Communications, Sustainability and Public Affairs
Further information: Please contact Neste's media service, tel. +358 800 94025
/ media@neste.com (weekdays from 8.30 a.m. to 4.00 p.m. EET). Please subscribe
to Neste's releases at https://www.neste.com/media/subscribe.

Neste in brief

Neste (NESTE, Nasdaq Helsinki) uses science and innovative technology to
transform waste and other resources into renewable fuels and circular raw
materials. The company creates solutions for mitigating climate change and
accelerating a shift to a circular economy. Being the world's leading producer
of sustainable aviation fuel (SAF) and renewable diesel and a forerunner in
developing renewable and circular feedstock solutions for polymers and
chemicals, the company aims to help its customers to reduce their greenhouse gas
emissions by at least 20 million tons annually by 2030.
The company's ambition is to make the Porvoo oil refinery in Finland the most
sustainable refinery in Europe. Neste is committed to reaching carbon-neutral
production by 2035, and will reduce the carbon emission intensity of sold
products by 50% by 2040. Neste has also set high standards for biodiversity,
human rights and the supply chain. The company has consistently been included in
the CDP and the DJSI lists of the world's most sustainable companies. In 2023,
Neste's revenue stood at EUR 22.9 billion. Read more:
neste.com (http://www.neste.com)