Metso Outotec Oyj - Major shareholder announcements

Notification according to chapter 9, section 5 and 6 of the Securities Market Act: Cevian Capital Partners Ltd’s holding in Metso Outotec

Metso Outotec Corporation, Stock exchange release on July 2, 2020 at 11.15 a.m.
EEST

Metso Outotec Corporation has received a notification, pursuant to Chapter 9,
Section 5 and 6 of the Finnish Securities Markets Act, about a change in the
holding of Cevian Capital Partners Ltd. of the total amount of shares and
financial instruments entitling to shares of Metso Outotec Corporation.

On June 30, 2020, Cevian Capital Partners Ltd 's direct shareholding in Metso
Outotec exceeded the 5 percent threshold and amounted to 70,309,906 shares or
8.48 percent of Metso Outotec’s shares and votes. Metso Outotec’s total number
of shares and voting rights is 828,972,440.
Cevian Capital Partners Ltd 's holdings according to the notification:

                  % of shares and  % of shares and voting rights  Total of
                   voting rights   through financial instruments  both in %
                        (A)                     (B)                (A + B)
Resulting              8.48%                    N/A                  N/A
situation on the
date
on which the
threshold was
reached
Position of             N/A                     N/A                  N/A
previous
notification



A: Shares and
voting rights
                       Number of                        % of
                       shares and                    shares and
                         voting                        voting
                         rights                        rights
 ISIN Code          Direct        Indirect   Direct(SMA    Indirect(SMA
                  (SMA 9:5)       (SMA 9:6      9:5)        9:6 and 7)
                                   and 7)
FI0009014575      70,309,906        N/A         8.48%           N/A
SUBTOTAL A             70,309,906                      8.48%

B: Financial
Instruments
according to
SMA 9:6a
 Type of    Expiration   Exercise   Physical of    Number    % of shares
financial      date       Period       cash          of      and voting
instrument                          settlement     shares      rights
                                                    and
                                                   voting
                                                   rights
Securities     N/A         N/A       Physical
Lent
CDF            N/A         N/A         Cash
                                    SUBTOTAL B



Metso Outotec Corporation

Distribution:

Nasdaq Helsinki

Media

www.mogroup.com

Metso Outotec is a frontrunner in sustainable technologies, end-to-end solutions
and services for the aggregates, minerals processing, metals refining and
recycling industries globally. By improving our customers’ energy and water
efficiency, increasing their productivity, and reducing environmental risks with
our product and process expertise, we are the partner for positive change.

Headquartered in Helsinki, Finland, Metso Outotec employs over 15,000 people in
more than 50 countries and its illustrative combined sales for 2019 were about
EUR 4.2 billion. The company is listed on the Nasdaq
Helsinki. mogroup.com (https://www.mogroup.com/), twitter.com/metsooutotec