Valmet Corporation - Other information disclosed according to the rules of the Exchange

The Board of Directors of Valmet Oyj decided on a new share-based incentive plan for key employees

Valmet Oyj's stock exchange release on December 11, 2017 at 4:15 p.m. EET

The Board of Directors of Valmet Oyj has decided on a new long-term share-based
incentive plan for Valmet's key employees. The aim of the plan is to combine the
objectives of the shareholders and the key employees in order to increase the
value of the Company in the long run, to commit the key employees to the
Company, and to offer them a competitive reward plan based on holding the
Company's shares.

The plan includes three discretionary periods, which are the calendar years
2018, 2019 and 2020. Valmet's Board of Directors shall decide on the performance
criteria and targets in the beginning of each discretionary period. The
potential reward from the discretionary period 2018 is based on Valmet's
Comparable EBITA margin and orders received growth (%) of the stable business,
that is, the Services and Automation business lines. The potential reward from
the discretionary period 2018 will be paid partly in Company shares and partly
in cash in 2019. The proportion to be paid in cash is intended to cover taxes
and tax-related costs arising from the reward to the key employee.

Furthermore, the members of Valmet's Executive Team are recommended to own and
hold an amount of Company shares equaling to their gross annual base salary (100
percent ownership recommendation).

The rewarded shares may not be transferred during the restriction period, which
will end two years from the end of the discretionary period. As a rule, no
reward is paid if the key employee's employment or service at Valmet ends before
the reward payment. Should a key employee's employment or service end during the
restriction period, he or she must, as a rule, gratuitously return the shares
given as reward to the Company.

The plan is directed to a total of approximately 120 participants, of which 80
are key employees in management positions (including Executive Team members),
and 40 are management talents, which is a new target group in Valmet's share
based incentive plan. The total combined reward to be paid based on the plan is
capped to an approximate maximum of 586,000 shares in Valmet Oyj, representing
the gross reward before the deduction of taxes and tax-related costs arising
from the reward.


Further information, please contact:
Julia Macharey, SVP, Human Resources, Valmet, tel. +358 10 672 0022
Calle Loikkanen, Director, Investor Relations, Valmet, tel. +358 10 672 0020


VALMET

Kari Saarinen
CFO

Calle Loikkanen
Director, Investor Relations



Valmet is the leading global developer and supplier of process technologies,
automation and services for the pulp, paper and energy industries. We aim to
become the global champion in serving our customers.

Valmet's strong technology offering includes pulp mills, tissue, board and paper
production lines, as well as power plants for bioenergy production. Our advanced
services and automation solutions improve the reliability and performance of our
customers' processes and enhance the effective utilization of raw materials and
energy.

Valmet's net sales in 2016 were approximately EUR 2.9 billion. Our 12,000
professionals around the world work close to our customers and are committed to
moving our customers' performance forward - every day. Valmet's head office is
in Espoo, Finland and its shares are listed on the Nasdaq Helsinki.

Read more www.valmet.com, www.twitter.com/valmetglobal

Follow Valmet IR on Twitter www.twitter.com/valmetir


[]