Valmet Corporation - Other information disclosed according to the rules of the Exchange

Thomas Hinnerskov to start as Valmet's President and CEO on August 12, 2024

Thomas Hinnerskov to start as Valmet's President and CEO on August 12, 2024

Valmet Oyj's stock exchange release onJune5, 2024 at 11:00 a.m. EEST

Valmet published on February 19, 2024, that Valmet's Board of Directors has
appointed Thomas Hinnerskov President and CEO of Valmet. Thomas Hinnerskov's
start date was agreed today and he will assume the role of Valmet's President
and CEO on August 12, 2024. He succeeds Pasi Laine, who will continue as the
President and CEO of Valmet until August 11, 2024.

“Thomas Hinnerskov has a strong track record in successfully leading versatile
businesses in a global business environment. He has extensive international
experience and strong background in services driven businesses. I am convinced
that with his background Thomas has a good foundation to continue to develop
Valmet forward together with the rest of the Executive Team from the company's
excellent position built since 2013,” says Mikael Mäkinen, Chair of the Board,
Valmet.

“I am excited to join Valmet, which is known as a global leader in its field
with a unique offering, strong customer focus and consistent engagement to
enhancing a more sustainable world. I am looking forward to beginning working
together with over 19,000 talented Valmeteers, as well as Valmet's customers
around the world,” says incoming President and CEO Thomas Hinnerskov.

Further information, please contact:

Pekka Rouhiainen, VP, Investor Relations, Valmet, tel. +358 10 672 0020

VALMET

Katri Hokkanen

CFO

Pekka Rouhiainen

VP, Investor Relations

DISTRIBUTION:

Nasdaq Helsinki

Major media

www.valmet.com

Valmet is a leading global developer and supplier of process technologies,
automation and services for the pulp, paper and energy industries. With our
automation systems and flow control solutions we serve an even wider base of
process industries. Our more than 19,000 professionals around the world work
close to our customers and are committed to moving our customers' performance
forward - every day.

The company has over 220 years of industrial history and a strong track record
in continuous improvement and renewal. Valmet's net sales in 2023 were
approximately EUR 5.5 billion.

Valmet's shares are listed on the Nasdaq Helsinki and the head office is in
Espoo, Finland.

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