Neste Oyj - Changes board/management/auditors

Changes in Neste Executive Board roles and responsibilities

Neste Corporation
Stock Exchange Release
13 September 2016 at 1 pm. (EET)

Changes in Neste Executive Board roles and responsibilities

Tuomas Hyyryläinen (M.Sc. (Econ.), 38) has been appointed as Senior Vice
President, Emerging Businesses Unit as of September 14, 2016. He will continue
as a member of the Neste Executive Board, reporting to President and CEO Matti
Lievonen.

Tuomas Hyyryläinen will transfer to his new position from the post of Neste
Senior Vice President of Strategy and New Ventures. From September 14, 2016
onwards, Strategy and related operations will report to Jyrki Mäki-Kala, CFO.

"Neste will continue to grow by leveraging its capabilities and current leader
position in advanced renewable fuels. Next, we will reach out to markets outside
traffic fuels, with a strategic focus on bio-based chemicals, such as plastics
and solvents. Our ambition is to have this segment to represent 20% of our
renewables volumes by 2020. This is the reason why we decided to establish a
dedicated business unit for the job. I am convinced that Tuomas Hyyryläinen is
the right person to lead this journey. He has a proven ability and passion to
create strategic clarity, drive partnerships and cooperation across industries,
and deliver products and solutions creating responsible choices for companies
and people every day."

Neste Corporation

Osmo Kammonen
SVP Communications and Brand Marketing

Further information: Matti Lievonen, CEO & President, Neste, tel. +
358 10 458 11


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 2015, Neste's net sales stood at
EUR 11 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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