Uponor - Company Announcement

Uponor Board organisation and roles

Uponor CorporationStock exchange release10 March 201617:25 EET
Uponor Board organisation and roles

The Board of Directors elected Jorma Eloranta as Chair and Annika Paasikivi as
Deputy Chair of the Board subsequent to the AGM held earlier today. 

The Board resolved to establish Audit Committee and a Personnel and
Remuneration Committee. The committee charters are described on the company’s
website at http://investors.uponor.com > Governance > Corporate governance >
Board committees. 

With regards to the Personnel and Remuneration Committee, Uponor does not
comply with the Finnish Corporate Governance Code 2015, which recommends that a
Board committee should consist of three members. Uponor considers that
sufficient expertise for the Personnel and Remuneration Committee is secured
with two members. The Committee acts as a preparatory and assisting body for
the Board of Directors, and all essential matters relating to remuneration
shall be dealt by the Board of Directors. Furthermore, the Committee may also
obtain views from outside of the Committee. 

Composition of the committees is the following:

Audit Committee:
Timo Ihamuotila (chair)
Markus Lengauer
Annika Paasikivi
Jari Rosendal

Personnel and Remuneration Committee:
Jorma Eloranta (chair)
Annika Paasikivi



Further information:
Reetta Härkki
General Counsel
Tel. +358 20 129 2835



Uponor Corporation

Tarmo Anttila
Vice President, Communications
Tel. +358 20 129 2852



DISTRIBUTION:
Nasdaq Helsinki
Media
www.uponor.com



Uponor is a leading international systems and solutions provider for safe
drinking water delivery, energy-efficient radiant heating and cooling and
reliable infrastructure. The company serves a variety of building markets
including residential, commercial, industrial and civil engineering. Uponor
employs about 3,700 employees in 30 countries, mainly in Europe and North
America. In 2015, Uponor's net sales totalled €1,050 million. Uponor is based
in Finland and listed on Nasdaq Helsinki. www.uponor.com