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

Composition of Valmet's Nomination Board

Composition of Valmet's Nomination Board

Valmet Oyj's stock exchange release onJuly3, 2024 at 1:00 p.m. EEST

According to Valmet Oyj's Annual General Meeting's decision, Valmet's Nomination
Board consists of the representatives of Valmet's four largest shareholders as
of July 1, and the Chair of the Board of Directors as an expert member. Should a
shareholder not wish to exercise his/her nomination right, the right shall be
transferred to the next largest shareholder who otherwise would not be entitled
to nominate a member.

Based on the shareholder register of Euroclear on July 1, 2024, Valmet Oyj's
largest shareholders represented in the Nomination Board are Oras Invest Oy,
Solidium Oy, Varma Mutual Pension Insurance Company and Ilmarinen Mutual Pension
Insurance Company. The following persons have been nominated as their
representatives to Valmet's Nomination Board:

-          Jari Paasikivi, Chair of the Board of Directors, Oras Invest Oy
(10.40% of share capital and votes)

-          Reima Rytsölä, CEO, Solidium Oy (10.10% of share capital and votes)

-          Markus Aho, Chief Investment Officer, Varma Mutual Pension Insurance
Company (3.98% of share capital and votes)

-          Mikko Mursula, Deputy CEO, CIO, Ilmarinen Mutual Pension Insurance
Company (3.74% of share capital and votes)

Mikael Mäkinen, Chair of Valmet's Board of Directors, will serve as the
Nomination Board's expert member. The Nomination Board is to prepare proposals
on the composition and members of the Board of Directors and their remuneration
for the next Annual General Meeting, which is planned to be held on March 26,
2025.

Further information, please contact:

Rasmus Oksala, General Counsel, Valmet, tel. +358 50 317 3830

VALMET

Katri Hokkanen

CFO

Pekka Rouhiainen

VP, Investor Relations

DISTRIBUTION:

Nasdaq Helsinki

Major media

www.valmet.com

Valmet is a leading global developer and supplier of process technologies,
automation and services for the pulp, paper and energy industries. With our
automation systems and flow control solutions we serve an even wider base of
process industries. Our more than 19,000 professionals around the world work
close to our customers and are committed to moving our customers' performance
forward - every day.

The company has over 220 years of industrial history and a strong track record
in continuous improvement and renewal. Valmet's net sales in 2023 were
approximately EUR 5.5 billion.

Valmet's shares are listed on the Nasdaq Helsinki and the head office is in
Espoo, Finland.

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