2016-02-04 08:45:48 CET

2016-02-04 08:45:48 CET


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UPM-Kymmene - Changes board/management/auditors

Winfried Schaur appointed Executive Vice President, UPM Paper ENA


UPM-Kymmene Corporation   Stock Exchange Release       4 February 2016 at 9:45
EET

Winfried Schaur appointed Executive Vice President, UPM Paper ENA

Winfried Schaur has been appointed Executive Vice President responsible for UPM
Paper ENA (Europe and North America) and member of the Group Executive Team as
of 8 February 2016.

Winfried Schaur is currently Senior Vice President responsible for Newspaper
publishing business unit within UPM Paper ENA. He has been in his current role
since 2013 and in UPM since 2001 holding several leadership positions in the
paper business.

He will be based in Augsburg and reports to Jussi Pesonen, President and CEO.

"The UPM Paper ENA management team has done excellent work and with Winfried's
appointment I'm sure the solid implementation of the current strategy
continues," says Pesonen.

"Paper ENA has been developing very well since the new business structure was
decided in 2013. Clear targets, fast decision making and motivated teams are in
place at all levels. I will build on this strong fundament together with the
team," says Schaur.

Winfried Schaur is 50 years old and has a Master's degree in Mechanical
Engineering.

Photos of Winfried Schaur are available in UPM's image gallery.


UPM-Kymmene Corporation
Pirkko Harrela
Executive Vice President, Stakeholder Relations

UPM, Media Relations
9.00-16.00 EET
tel. +358 40 588 3284
media@upm.com

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UPM
Through the renewing of the bio and forest industries, UPM is building a
sustainable future across six business areas: UPM Biorefining, UPM Energy, UPM
Raflatac, UPM Paper Asia, UPM Paper Europe and North America and UPM Plywood.
Our products are made of renewable raw materials and are recyclable. We serve
our customers worldwide. The group employs around 19,600 people and its annual
sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX
Helsinki. UPM - The Biofore Company - www.upm.com

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