Neste Oyj - Company Announcement

Shareholders' Nomination Board's proposal for the composition of Neste's Board of Directors

Neste Corporation
Stock Exchange Release
25 January 2016 at 3.30 pm. (EET)

Shareholders' Nomination Board's proposal for the composition of Neste's Board
of Directors

The Shareholders' Nomination Board, established by Neste Corporation's Annual
General Meeting (AGM) on 4 April 2013, will propose to the AGM to be held on 30
March 2016 that the company's Board of Directors should comprise the following
members:

Mr. Jorma Eloranta should be re-elected as Chair and Ms. Maija-Liisa Friman as
Vice Chair of the Board. In addition, Board members Ms. Laura Raitio, Mr. Jean-
Baptiste Renard, Mr. Willem Schoeber, Ms. Kirsi Sormunen and Mr. Marco Wirén
should be re-elected for a further term of office.

All those concerned have given their consent to serving on the Board and are
considered independent of the company and its major shareholders.

The Shareholders' Nomination Board will also propose that the remuneration paid
to the Board of Directors for their following term of office should remain
unchanged and be as follows:

Chair, EUR 66,000/year
Vice Chair, EUR 49,200/year
Member, EUR 35,400/year.

In addition to the annual fee, members of the Board of Directors would receive a
meeting fee of EUR 600 for each meeting held in the member's home country and
EUR 1,200 for each meeting held in another country, plus compensation for
expenses pertaining to the company's travel guidelines. The meeting fee for
telephone meetings will be paid according to the fee payable for meetings held
in each member's home country.

The Shareholders' Nomination Board was appointed on 3 September 2015.  In
accordance with a decision made by the AGM, the Nomination Board consisted of
representatives of the company's three largest shareholders as of the first
weekday in September: Eero Heliövaara, Director General of the Prime Minister's
Office's Ownership Steering Department (Chair); Mikko Mursula, Chief Investment
Officer of Ilmarinen Mutual Pension Insurance Company; Reima Rytsölä, Chief
Investment Officer of Varma Mutual Pension Insurance Company; and Jorma
Eloranta, the Chair of Neste's Board of Directors.

The Nomination Board was unanimous in all its proposals. As Chair of the Board
of Directors, Jorma Eloranta did not take part in the decision-making on the
Nomination Board's proposal related to the Chair of the Board and the
remuneration payable to the Chair.

Career and other relevant information on all those proposed for Board service
can be found at www.neste.com

Neste Corporation

Kaisa Lipponen

Director, Corporate Communications



Further information: Eero Heliövaara, Chair of the Nomination Board, tel.
+358 50 368 7016



Neste in brief

Neste is a pioneer in oil refining and renewable solutions. We provide our
customers with premium-quality products for cleaner traffic and industrial
products based on world-class research. Our sustainable operations have received
recognition in the Dow Jones Sustainability World Index and the Global 100 list
of the world's most sustainable companies, among others. Our net sales for 2014
amounted to approximately EUR 15 billion, and our shares are listed on NASDAQ
Helsinki. Cleaner traffic, energy and life are moved forward by about 5,000
professionals. More information: neste.com/en


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