2017-12-18 08:00:00 CET

2017-12-18 08:00:26 CET


REGULATED INFORMATION

Finnish English
Metso Oyj - Changes board/management/auditors

President and CEO Nico Delvaux to assume CEO position outside Metso


President and CEO Nico Delvaux to assume CEO position outside Metso

Metso Corporation's stock exchange release on December 18, 2017 at 9:00 EEST

Metso's President and CEO Nico Delvaux has decided to resign and assume the
position of President and CEO of ASSA ABLOY AB. He will leave his duties in
Metso on June 18, 2018, at the latest.

"The Board of Directors is obviously disappointed that Nico has decided to leave
Metso. However, the business plans and organizational changes that have been
decided during the fall have the Board's full support and everybody in Metso
will focus on executing these plans going forward. The Board will initiate a
search for a new President and CEO," says Mikael Lilius, Chairman of Metso's
Board of Directors.

"I was offered a once-in-a-lifetime opportunity that I could not turn down,"
says Nico Delvaux. "I have enjoyed my time at Metso and I'm grateful for the
Board and all the Metso people for the opportunity to work with them over the
past months. Based on my experience, I'm confident that Metso has significant
potential to drive profitable growth in line with its strategy."

Metso is a world leading industrial company serving the mining, aggregates,
recycling, oil, gas, pulp, paper and process industries. We help our customers
improve their operational efficiency, reduce risks and increase profitability by
using our unique knowledge, experienced people and innovative solutions to build
new, sustainable ways of growing together.

Our products range from mining and aggregates processing equipment and systems
to industrial valves and controls. Our customers are supported by a broad scope
of services and a global network of over 80 service centers and about 6,000
services professionals. Metso has an uncompromising attitude towards safety.

Metso is listed on the Nasdaq Helsinki in Finland, and had sales of about EUR
2.6 billion in 2016. Metso employs over 11,000 people in more than 50 countries.
Expect results.
metso.com , twitter.com/metsogroup

Further information, please contact:
Mikael Lilius, Chairman of the Board of Directors, tel. +358 20 484 3001



Metso Corporation

Eeva Sipilä
CFO

Juha Rouhiainen
VP, Investor Relations

Distribution:
NASDAQ OMX Helsinki Ltd
Media
www.metso.com

[]