Neste Oyj - Other information disclosed according to the rules of the Exchange

The Board of Directors of Neste Corporation resolved on Performance Share Plan 2018-2020 details

Neste Corporation
Stock Exchange Release
12 December 2017 at 3.45 p.m. (EET)

The Board of Directors of Neste Corporation resolved on Performance Share Plan
2018-2020 details

The Board of Directors of Neste Corporation has decided on target group,
allocations, and performance criteria for the PSP 2018-2020. Approximately 130
key persons, including the members of the Neste Executive Board (the NEB),
belong to the target group of the PSP 2018-2020.

The potential reward from the performance period 2018-2020 will be based on the
Company share's relative Total Shareholder Return (TSR) and the Group's
cumulative comparable Free Cash Flow. The rewards to be paid on the basis of the
performance period 2018-2020 correspond to the value of an approximate maximum
total of 176,000 Neste Corporation shares (including also the proportion to be
paid in cash).

The potential reward from the performance period 2018-2020 will be paid partly
in Neste shares and partly in cash in 2021. The cash proportion is intended to
cover taxes and tax-related costs arising from the reward to a key person. The
shares paid as reward may not be transferred during the 12-month lock-up period.
As a rule, no reward will be paid, if a key person's employment or service ends
before the reward payment. If a key person's employment or service ends before
the end of a lock-up period, the key person must, as a rule, return the shares
paid as reward back to the Company.

The combined amount of rewards to be paid under the LTI and the annual short-
term incentive plan may not exceed 120 per cent of the key person's gross annual
fixed salary in any year.

The key persons must hold all shares given as reward on the basis of the entire
LTI also after the lock-up periods, until the NEB member's shareholding in the
Company in total equals the value of such member's gross annual fixed salary,
and other key person's shareholding in the Company in total equals half of the
value of such key person's gross annual fixed salary. Such number of shares must
be held as long as the key person holds a position as a NEB member or as long as
other key person's employment in a Group Company continues.

Neste Corporation

Jorma Eloranta
Chair of the Board

Further information:
Jorma Eloranta, Chair of the Board, Tel. +358 10 458 4484
Hannele Jakosuo-Jansson, Senior Vice President, Human Resources and Safety, Tel.
+358 10 458 4688

Neste in brief

Neste (NESTE, Nasdaq Helsinki) creates sustainable choices for the needs of
transport, businesses and consumers.  Our global range of products and services
allows customers to reduce their carbon footprint by combining high-quality
renewable products and oil products to tailor-made service solutions. We are the
world's largest producer of renewable diesel refined from waste and residues,
and we are also bringing renewable solutions to the aviation and plastics
industries. We want to be a reliable partner, whose expertise, R&D and
sustainable practices are widely respected. In 2016, Neste's net sales stood at
EUR 11.7 billion, and we were on the Global 100 list of the 100 most sustainable
companies in the world. Read more: neste.com



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