Neste Oyj - Changes board/management/auditors

Heikki Malinen resigns from Neste's Board

Neste Corporation, Stock Exchange Release, 13 June 2024 at 9:30 a.m. (EET)

Heikki Malinen, a member of the Board of Directors of Neste Corporation, has
announced his resignation from the Board of the company as of today. The reason
for the resignation is his appointment as Neste's President and CEO as of 2
November 2024, at the latest. The stock exchange release on the appointment was
published on 2 May 2024.

After Malinen's resignation Neste's Board comprises nine members.

Neste Corporation
Hanna Maula
Vice President, Communications and Brand
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/for-media/releases-and-news/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 combating 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, 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 Global 100 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)