Uponor - Company Announcement

Uponor complements the share-based incentive plan established in 2012

Uponor Corporation            Stock exchange release               12 February
2013 8:03 EET 

Uponor complements the share-based incentive plan established in 2012

The Board of Directors of Uponor Corporation has decided to continue to
implement the long-term share-based incentive plan established in 2012. The new
plan covers the years 2013-2015 and it complements the plan that exists for the
years 2012-2014. The plan will cover a maximum of twelve members of the Group's
key management. 

The purpose of the plan is to retain key management, as well as to motivate and
reward the management for good performance that supports the company's
profitability and the implementation of the company's strategy. The plan also
encourages the key management to acquire and own Uponor's shares, which
contributes to aligning the interests of the management, the company and the
shareholders. 

Each participant in the incentive plan shall invest in Uponor shares within the
pre-determined minimum and maximum limits. The reward in the Plan 2013-2015
consists of the following parts: 

1) The matching share incentive based on the investment with a three year
vesting period: 

In the spring of 2016, each participant will receive matching shares
corresponding to half of the investment at the time of transfer, less the taxes
payable on the awarded shares. The maximum value of the shares awarded based on
the share investment corresponds with approximately 13,000 shares. 

2) A performance share plan that depends on the company's earnings performance
over a three-year performance period: 


The share rewards will be delivered if the performance targets set by the Board
of Directors for the performance period are met. The applicable performance
targets are the EBITDA based intrinsic value, calculated from the development
of EBITDA, the development of the Group's net debt and profit distribution, as
well as relative Total Shareholder Return (TSR) during 2013-2015. 

If all participants fulfil the investment requirement and if the performance
targets set for the performance share plan are attained in full, the maximum
value of performance shares to be delivered corresponds with approximately
260,000 shares. 

Both the matching shares and performance shares will be restricted by a one
year restriction period after the share delivery, during which the delivered
shares may not be transferred. 

No new shares will be issued in connection with the plan and therefore the plan
will have no diluting effect. 

Further information:
Jari Paasikivi, Chairman of the Board, tel. +358 500 530 375
Jyri Luomakoski, President and CEO, tel. +358 20 129 2824


Uponor Corporation

Tarmo Anttila
Vice President, Communications
Tel. +358 20 129 2852



DISTRIBUTION:
NASDAQ OMX - Helsinki
Media
www.uponor.com



Uponor is a leading international provider of plumbing and indoor climate
solutions for residential and commercial building markets across Europe and
North America. In Northern Europe, Uponor is also a prominent supplier of
infrastructure pipe systems. The Group employs approx. 3,000 persons, in 30
countries. In 2012, Uponor's net sales exceeded €810 million. Uponor
Corporation is listed on NASDAQ OMX Helsinki in Finland. http://www.uponor.com.