Outokumpu Oyj - Company Announcement

Outokumpu – Launch of a new Matching Share Plan for management

OUTOKUMPU OYJ
STOCK EXCHANGE RELEASE
April 27, 2016 at 2.00 pm EET

As part of the long-term incentive programs for key employees in Outokumpu, the
Board of Directors has approved the commencement of a Matching Share Plan for
years 2016-2020 in order to emphasize shareholder value creation, enforce an
ownership culture and to incentivize the achievement of the 2020 vision. 

According to the plan, the participants will invest 30–120% of their annual
gross base salary into Outokumpu shares by September 30, 2016. The participants
shall acquire the shares from the market and follow the applicable insider
regulations when acquiring the shares. Outokumpu will match each share acquired
by the employee with two gross shares from which applicable taxes will be
deducted and the remaining net number of shares will be delivered to the
participant. The matching shares will be delivered in four equal installments
in the end of 2017, 2018, 2019 and 2020, respectively. In order to receive the
matching shares, the participants are required to keep all the shares they
acquire until the vesting of the each matching share tranche. The Board of
Directors has approved that at the maximum 35 key employees, may participate in
the plan. This excludes the CEO whose matching share plan details were
announced on December 17, 2015. The maximum number of gross matching shares is
3,000,000 including taxes. 

According to the share ownership requirement applied in Outokumpu, the members
of the Outokumpu Leadership Team are required to own Outokumpu shares received
under incentive programs corresponding to the value of their annual gross base
salary. The net shares received from the Matching Share Plan must be used to
fulfil this requirement. 

For more information:

Investors: Johanna Henttonen, tel. +358 9 421 3804, mobile +358 40 530 0778

Media: Johanna Kaunisto, tel. +358 40 574 9210

Outokumpu Group



Outokumpu is a global leader in stainless steel. We create advanced materials
that are efficient, long lasting and recyclable – thus building a world that
lasts forever. Stainless steel, invented a century ago, is an ideal material to
create lasting solutions in demanding applications from cutlery to bridges,
energy and medical equipment: it is 100% recyclable, corrosion-resistant,
maintenance-free, durable and hygienic. Outokumpu employs 11,000 professionals
in more than 30 countries, with headquarters in Espoo, Finland and shares
listed in Nasdaq Helsinki. 
www.outokumpu.comoutokumpu.com/stainless-newschoosestainless.outokumpu.com

Attachments:

Outokumpu_MSP_ENG_27042016.pdf