2021-07-23 17:30:00 CEST

2021-07-23 17:30:08 CEST


REGULATED INFORMATION

English
Neste Oyj - Major shareholder announcements

Notification under Chapter 9, Section 10 of the Finnish Securities Market Act: holdings of BlackRock in Neste Corporation exceeded 5%


Neste Corporation, Stock Exchange Release, 23 July 2021 at 6.30 p.m. (EET)
Neste Corporation has today received a notification under Chapter 9, Section 10
of the Finnish Securities Market Act (FSMA). According to the notification by
BlackRock, Inc., the aggregate holdings of the entities referred to therein in
Neste Corporation have on 22 July 2021 exceeded 5% of the total number of shares
and voting rights of Neste Corporation.
According to the notification received by Neste Corporation, the holdings of
BlackRock in Neste Corporation on 22 July 2021 amounted to a total of 38,941,281
shares, corresponding to approximately 5.06% of the total number of shares and
voting rights of Neste Corporation. The share stock of Neste Corporation
consists of 769,211,058 shares, each entitling one vote.
Total positions of entities referred to in the notification obligation:

                % of    % of shares and voting rights  Total % of shares
                shares  through financial instruments  and voting rights
                and     (B)                            (A+B)
                voting
                rights
                (A)
Proportion      5.00    0.05                           5.06
after reaching
or
exceeding the
flagging
threshold
Position at     4.95    0.05                           5.00
previous
notification
Notified details of the resulting situation on the date on which the threshold
was crossed or reached:

A: Shares and voting rights


Share         Number of                  % of shares and voting rights
class/type    shares and
(ISIN)        voting rights
Direct (FSMA  Indirect       Direct      Indirect (FSMA 9:6 and 9:7)
9:5)          (FSMA 9:6 and  (FSMA 9:5)
              9:7)
FI0009013296                 38,481,028                               5.00
Subtotal A    38,481,028                 5.00


B: Financial Instruments according to SMA 9:6a


Type of         Expiration  Exercise/   Physical    Number   % of shares
financial       date        Conversion  or          of       and voting
instrument                  Period      cash        shares   rights
                                        settlement  and
                                                    voting
                                                    rights
American        N/A         N/A         Physical    2,951    0.00
Depositary
Receipt
(US64104Y1064)
Securities      N/A         N/A         Physical    411,496  0.05
Lent
CFD             N/A         N/A         Cash        45,806   0.00
                                        Subtotal B  460,253  0.05


Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate
controlling natural person or legal entity:


Name            % of shares  % of shares and voting rights   Total of
                and voting   through financial instruments   both, %
                rights
BlackRock, Inc
BlackRock
Holdco 2, Inc.
BlackRock
Financial
Management,
Inc.
BlackRock
International
Holdings, Inc.
BR Jersey
International
Holdings L.P.
BlackRock
(Singapore)
Holdco
Pte. Ltd.
BlackRock HK
Holdco Limited
BlackRock Lux
Finco S.a.r.l.
BlackRock
Japan Holdings
GK
BlackRock                                                    Below 5
Japan Co.,
Ltd.

BlackRock,
Inc.
Trident
Merger, LLC
BlackRock                                                    Below 5
Investment
Management,
LLC

BlackRock,
Inc.
BlackRock
Holdco 2, Inc.
BlackRock
Financial
Management,
Inc.
BlackRock
International
Holdings, Inc.
BR Jersey
International
Holdings L.P.
BlackRock
Holdco 3, LLC
BlackRock
Cayman 1 LP
BlackRock
Cayman West
Bay
Finco Limited
BlackRock
Cayman West
Bay IV
Limited
BlackRock
Group Limited
BlackRock
Finance Europe
Limited
BlackRock                                                    Below 5
Investment
Management
(UK) Limited

BlackRock,
Inc.
BlackRock
Holdco 2, Inc.
BlackRock
Financial
Management,
Inc.
BlackRock
International
Holdings, Inc.
BR Jersey
International
Holdings L.P.
BlackRock
Australia
Holdco
Pty. Ltd.
BlackRock                                                    Below 5
Investment
Management
(Australia)
Limited

BlackRock,
Inc.
BlackRock
Holdco 2, Inc.
BlackRock
Financial
Management,
Inc.
BlackRock
International
Holdings, Inc.
BR Jersey
International
Holdings L.P.
BlackRock
Holdco 3, LLC
BlackRock
Cayman 1 LP
BlackRock
Cayman West
Bay
Finco Limited
BlackRock
Cayman West
Bay IV
Limited
BlackRock
Group Limited
BlackRock                                                    Below 5
International
Limited

BlackRock,
Inc.
BlackRock
Holdco 2, Inc.
BlackRock
Financial
Management,
Inc.
BlackRock
Holdco 4, LLC
BlackRock
Holdco 6, LLC
BlackRock
Delaware
Holdings
Inc.
BlackRock                                                    Below 5
Institutional
Trust
Company,
National
Association

BlackRock,
Inc.
BlackRock
Holdco 2, Inc.
BlackRock
Financial
Management,
Inc.
BlackRock
Holdco 4, LLC
BlackRock
Holdco 6, LLC
BlackRock
Delaware
Holdings
Inc.
BlackRock Fund                                               Below 5
Advisors

BlackRock,
Inc.
BlackRock
Holdco 2, Inc.
BlackRock                                                    Below 5
Financial
Management,
Inc.

BlackRock,
Inc.
BlackRock
Holdco 2, Inc.
BlackRock
Financial
Management,
Inc.
BlackRock
International
Holdings, Inc.
BR Jersey
International
Holdings L.P.
BlackRock
(Singapore)
Holdco
Pte. Ltd.
BlackRock HK
Holdco Limited
BlackRock                                                    Below 5
Asset
Management
North Asia
Limited

BlackRock,
Inc.
BlackRock
Holdco 2, Inc.
BlackRock
Financial
Management,
Inc.
BlackRock
International
Holdings, Inc.
BR Jersey
International
Holdings L.P.
BlackRock
Holdco 3, LLC
BlackRock
Cayman 1 LP
BlackRock
Cayman West
Bay
Finco Limited
BlackRock
Cayman West
Bay IV
Limited
BlackRock
Group Limited
BlackRock
Finance Europe
Limited
BlackRock
(Netherlands)
B.V.
BlackRock                                                    Below 5
Asset
Management
Deutschland AG

BlackRock,
Inc.
BlackRock
Holdco 2, Inc.
BlackRock
Financial
Management,
Inc.
BlackRock
International
Holdings, Inc.
BR Jersey
International
Holdings L.P.
BlackRock
Holdco 3, LLC
BlackRock
Canada
Holdings LP
BlackRock
Canada
Holdings ULC
BlackRock                                                    Below 5
Asset
Management
Canada Limited

BlackRock,
Inc.
BlackRock
Holdco 2, Inc.
BlackRock
Financial
Management,
Inc.
BlackRock
Capital
Holdings,
Inc.
BlackRock                                                    Below 5
Advisors, LLC

BlackRock,
Inc.
BlackRock
Holdco 2, Inc.
BlackRock
Financial
Management,
Inc.
BlackRock
International
Holdings, Inc.
BR Jersey
International
Holdings L.P.
BlackRock
Holdco 3, LLC
BlackRock
Cayman 1 LP
BlackRock
Cayman West
Bay
Finco Limited
BlackRock
Cayman West
Bay IV
Limited
BlackRock
Group Limited
BlackRock
Finance Europe
Limited
BlackRock                                                    Below 5
Advisors (UK)
Limited

BlackRock,
Inc.
BlackRock
Holdco 2, Inc.
BlackRock
Financial
Management,
Inc.
BlackRock
International
Holdings, Inc.
BR Jersey
International
Holdings L.P.
BlackRock
(Singapore)
Holdco
Pte. Ltd.
BlackRock                                                    Below 5
(Singapore)
Limited

BlackRock,
Inc.
Trident
Merger, LLC
BlackRock
Investment
Management,
LLC
Amethyst
Intermediate,
LLC
Aperio
Holdings, LLC
Aperio Group,                                                Below 5
LLC


Neste Corporation

Susanna Sieppi

Vice President, Communications

Neste in brief
Neste (NESTE, Nasdaq Helsinki) creates solutions for combating climate change
and accelerating a shift to a circular economy. We refine waste, residues and
innovative raw materials into renewable fuels and sustainable feedstock for
plastics and other materials. We are the world’s leading producer of renewable
diesel and sustainable aviation fuel, developing chemical recycling to combat
the plastic waste challenge. We aim at helping customers to reduce greenhouse
gas emissions with our renewable and circular solutions by at least 20 million
tons annually by 2030. As a technologically advanced refiner of high-quality oil
products with a commitment to reach carbon-neutral production by 2035, we are
also introducing renewable and recycled raw materials such as waste plastic as
refinery raw materials. We have consistently been included in the Dow Jones
Sustainability Indices and the Global 100 list of the world’s most sustainable
companies. In 2020, Neste's revenue stood at EUR 11.8 billion, with 94% of the
company’s comparable operating profit coming from renewable products. Read more:
neste.com (http://www.neste.com/en)