Neste Oyj - Decisions of general meeting

Decisions taken by Neste's Annual General Meeting

Neste Corporation
Stock Exchange Release
5 April 2017 at 5 pm. (EET)

Decisions taken by Neste's Annual General Meeting

Neste Corporation's Annual General Meeting (AGM) was held today at the Helsinki
Fair Centre and adopted the company's Financial Statements and Consolidated
Financial Statements for 2016 and discharged the Board of Directors and the
President & CEO from liability for 2016.

Dividend of EUR 1.30 per share

The AGM approved the Board of Directors' proposal regarding the distribution of
the company's profit for 2016, authorizing payment of a dividend of EUR 1.30 per
share. This will be paid to all shareholders included in the register of
shareholders maintained by the Euroclear Finland on the record date set for
payment of the dividend, which shall be 7 April 2016. Payment will be made on
18 April 2016.

Composition of the Board of Directors

In accordance with the proposal made by the Shareholders' Nomination Board, the
AGM confirmed the membership of the Board of Directors at eight members, and the
following were re-elected to serve until the end of the next AGM: Mr. Jorma
Eloranta, Ms. Laura Raitio, Mr. Jean-Baptiste Renard, Mr. Willem Schoeber and
Mr. Marco Wirén. The following were elected as new members: Ms. Martina Flöel,
Ms. Heike van de Kerkhof and Mr. Matti Kähkönen.

Mr. Eloranta was re-elected as Chair and Mr. Matti Kähkönen was elected as new
Vice Chair. Board member introductions can be found at company's web site.

The AGM decided to keep the remuneration to the Board unchanged as follows:

  * Chair EUR 66,000 a year
  * Vice Chair EUR 49,200 a year
  * members EUR 35,400 a year.

In addition to the annual fee, members of the Board of Directors will receive a
meeting fee of EUR 600 for each Board and Committee meeting held in the member's
home country and EUR 1,200 for each Board and Committee 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.

Company Auditor

In accordance with a proposal by the Board of Directors, PricewaterhouseCoopers
Oy, were appointed as the company's Auditor, with Authorized Public Accountant
Mr. Markku Katajisto as the principally responsible auditor for Neste
Corporation, until the end of the next AGM. Payment for their services shall be
made in accordance with their invoice approved by the Company.

Availability of the minutes for review

The minutes of the Annual General Meeting shall be available for review in two
weeks from the Annual General Meeting at the company's headquarters.

Neste Corporation

Kaisa Lipponen
Director, Corporate Communications

Further information: Matti Hautakangas, General Counsel, tel. +358 (0)50
458 5350

Neste in brief

Neste (NESTE, Nasdaq Helsinki) creates sustainable choices for the needs of
transport, businesses and consumers. Our global range of products and services
allows customers to lower their carbon footprint by combining high-quality
renewable products and oil products to tailor-made service solutions. We are the
world's largest producer of renewable diesel refined from waste and residues,
and we are also bringing renewable solutions to the aviation and plastics
industries. We want to be a reliable partner, whose expertise, R&D and
sustainable practices are widely respected. In 2016, Neste's net sales stood at
EUR 11.7 billion, and we were on the Global 100 list of the 100 most sustainable
companies in the world. Read more: neste.com/en


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