Outokumpu Oyj - Changes board/management/auditors

Outokumpu appoints Liam Bates President and Head of Business Area Quarto Plate

OUTOKUMPU OYJ
STOCK EXCHANGE RELEASE
November 5, 2015 at 9.15 am EET

Outokumpu announced today the appointment of Liam Bates as the President and
Head of Business Area Quarto Plate and member of the Outokumpu Leadership Team
as of November 5, 2015. Liam has been leading the Quarto Plate operations in
Europe and the production unit in Degerfors, Sweden since September 2014. Prior
to that, he has held several senior management positions in the company. He
will report to the CEO and will succeed Kari Parvento who has decided to leave
Outokumpu to pursue new opportunities. 

Says Reinhard Florey, CFO and interim CEO of Outokumpu: “Liam has extensive
industry and commercial experience. During the past year he has taken a firm
lead on the quarto plate operations in Europe. I would like to thank Kari
Parvento for his contribution in the ramp-ups of Ferrochrome, Coil Americas and
Quarto Plate, and I wish him all the success for the future.” 

Says Liam Bates: “I am honored to lead the Quarto Plate business, where
Outokumpu has an industry-leading offering. I look forward to continuing the
work to ensure we provide the best value to our customers and improve the
Quarto Plate profitability.” 

For more information:

Investors: Johanna Henttonen, tel. +358 9 421 3804, mobile +358 40 530 0778

Media: Saara Tahvanainen, tel. +358 40 589 0223

Outokumpu Group


Outokumpu is a global leader in stainless steel. We create advanced materials
that are efficient, long lasting and recyclable - thus building a world that
lasts forever. Stainless steel, invented a century ago, is an ideal material to
create lasting solutions in demanding applications from cutlery to bridges,
energy and medical equipment: it is 100% recyclable, corrosion-resistant,
maintenance-free, durable and hygienic. Outokumpu employs more than 12 000
professionals in more than 30 countries, with headquarters in Espoo, Finland
and shares listed in Nasdaq Helsinki. www.outokumpu.com

Attachments:

Liam Bates.jpg

Head of Quarto Plate SER ENG 5.11.2015.pdf

Liam Bates CV_ENG.pdf