Outokumpu Oyj - Company Announcement

Outokumpu Oyj and Outotec Oyj reach an agreement on the patent dispute

OUTOKUMPU OYJ
STOCK EXCHANGE RELEASE
January 9, 2017 at 3.00 pm EET


Outokumpu and Outotec have reached an agreement regarding innovations on
ferroalloys technology and the related license fees to Outokumpu. 

The agreement follows the arbitral award of August 28, 2015 which confirmed
that Outokumpu and Outotec are the joint owners of the disputed innovations.
With the agreement, both parties withdraw from their claims. Outotec is granted
an exclusive right to sell and license the relevant innovations and technology
against an agreed license fee payable to Outokumpu. Outokumpu retains the right
to use the innovations in its own business. The agreement and the related
license fees have no impact on Outokumpu’s financial guidance or targets. 

For more information:

Saara Tahvanainen, tel. +358 40 589 0223

Outokumpu Group




Outokumpu is a global leader in stainless steel. We create advanced materials
that are efficient, long lasting and recyclable – thus building a world that
lasts forever. Stainless steel, invented a century ago, is an ideal material to
create lasting solutions in demanding applications from cutlery to bridges,
energy and medical equipment: it is 100% recyclable, corrosion-resistant,
maintenance-free, durable and hygienic. Outokumpu employs 11,000 professionals
in more than 30 countries, with headquarters in Helsinki, Finland and shares
listed in Nasdaq Helsinki. 
www.outokumpu.com      outokumpu.com/stainless-news     
choosestainless.outokumpu.com

Viðhengi:

Patent dispute SER ENG 09012017.pdf