Outokumpu Oyj - Inside information

Inside information: Outokumpu appoints Kati ter Horst as President and CEO of Outokumpu

Outokumpu Corporation
Inside information
July 9, 2024 at 12 pm EEST

Inside information: Outokumpu appoints Kati ter Horst as President and CEO of
Outokumpu

Outokumpu Corporation has today appointed Kati ter Horst (MBA, M.Sc. Econ.) as
President and CEO as of October 9, 2024, at the latest. She will be located in
Outokumpu Corporation's headquarters in Helsinki, Finland. Ms. ter Horst joins
Outokumpu from Belgian company Aliaxis S.A., world leader in fluid management
systems, where she has held the position of Divisional CEO EMEA since 2022.

Before Aliaxis, Ms. ter Horst had a long career at Stora Enso, most recently
leading the paper division. She has been a member of the Outokumpu Board of
Directors since 2016 and Vice Chairman since 2022. Following her appointment,
she will resign from the Board at the end of September 2024.

“Kati ter Horst has a strong track record in process industries and extensive
international leadership experience from complex business environments.
Outokumpu's Board of Directors is confident that she is the right person to lead
the company ahead. Naturally, her experience as an active and respected member
of the Board of Outokumpu over the past 8 years is an additional advantage. Her
long background with the company provides her profound knowledge and
understanding of Outokumpu's business as well as commitment to company strategy.
I am very pleased to welcome Kati as the new President & CEO of Outokumpu,” says
Kari Jordan, Chairman of the Board of Directors of Outokumpu Corporation.

“Outokumpu stands tall as a global pioneer in sustainable stainless steel,
spearheading innovation and catalyzing the green transition in societies. Thanks
to the transformation that has been carried out during the past years, the
company is financially stronger than ever. I'm truly honored and excited to get
the opportunity to lead Outokumpu into the next phase of our industry's
evolution as its global frontrunner, I'm fully committed to Outokumpu's strategy
and excited to take it forward” says Kati ter Horst.

Full CV and photo of Ms. ter Horst are available in the attachments to this
release.

For more information:

Investors: Linda Häkkilä, Head of Investor Relations, tel. +358 400 719 669

Media: Päivi Allenius, SVP - Brand & Communications, tel. +358 40 753 7374 or
Outokumpu media desk, tel. +358 40 351 9840

Outokumpu is accelerating the green transition as the global leader in
sustainable stainless steel. Our business is based on the circular economy: our
products are made from 95% recycled materials, which we then turn into fully
recyclable stainless steel. This steel is utilized in various applications
across society, including infrastructure, mobility, and household appliances. We
are committed to 1.5°C target to mitigate climate change, and with up to 75%
lower carbon footprint than the industry average, we support our customers to
reduce their emissions. Together, we are working towards a world that lasts
forever. Outokumpu Corporation employs approximately 8,500 professionals in
close to 30 countries, with headquarters in Helsinki, Finland and shares listed
in Nasdaq Helsinki. Read more: www.outokumpu.com

Attachments:

CV Kati ter Horst ENG.pdf