Outokumpu Oyj - Company Announcement

Outokumpu's shareholders' Nomination Board held its first meeting

OUTOKUMPU OYJ
STOCK EXCHANGE RELEASE
October 16, 2013 at 3.00 pm EET


Outokumpu's shareholders' Nomination Board has held its first meeting today, on
October 16, 2013. Outokumpu's Annual General Meeting has established a
Nomination Board to annually prepare proposals on the composition of the Board
of Directors and director remuneration for the Annual General Meeting. 

According to the Charter of the Nomination Board, the Nomination Board consists
of the representatives of Outokumpu's four largest shareholders, registered in
the Finnish book-entry system on October 1, who accept the assignment. 

On October 1, 2013 the four largest shareholders of Outokumpu were ThyssenKrupp
AG, Solidium Oy, The Social Insurance Institute of Finland and Varma Mutual
Pension Insurance Company. They have appointed the following people as their
representatives on the Nomination Board: 

  -- Guido Kerkhoff, CFO at ThyssenKrupp AG and also member of the Outokumpu
     Board of Directors,
  -- Kari Järvinen, Managing Director at Solidium Oy,
  -- Tuula Korhonen, Investment Director at The Social Insurance Institute of
     Finland and
  -- Pekka Pajamo, CFO at Varma Mutual Pension Insurance Company. 

The Nomination Board has elected among its members Kari Järvinen as Chairman.
In addition, the Chairman of the Outokumpu Board of Directors Jorma Ollila
serves as an expert member in the Nomination Board. 

The Nomination Board will submit its proposals to Outokumpu's Board of
Directors on January 31, 2014 at the latest. Its proposals will be published as
a part of the notice to the Annual General Meeting. 

More information about the Nomination Board at www.outokumpu.com

For more information:

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

Media: Saara Tahvanainen, tel. +358 40 589 0223

Outokumpu Group



Outokumpu is the global leader in stainless steel and high performance alloys.
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
more than 15 000 professionals in more than 40 countries, with headquarters in
Espoo, Finland and shares listed in the NASDAQ OMX Helsinki. www.outokumpu.com

Attachments:

Nomination Board 16102013 ENG.pdf