Talvivaaran Kaivososakeyhtiö Oyj - Company Announcement

Composition of Talvivaara's Nomination Panel and time schedule of its proposals to be made to the AGM

Stock Exchange Release

Talvivaara Mining Company Plc

15 March 2016





Composition of Talvivaara's Nomination Panel and time schedule of its proposals
                             to be made to the AGM



Talvivaara  Mining  Company  Plc's  ("Talvivaara"  or  "Company")  Shareholders'
Nomination  Panel was  established in  2013 by the  Annual General  Meeting. The
Nomination  Panel prepares  proposals for  the election  and remuneration of the
members  of the Board of Directors to  the General Meeting. Following the annual
organizational  meeting  of  the  Panel  held  today,  the  composition  of  the
Nomination Panel is as follows:

  * Kari Järvinen, CEO, nominated by Solidium Oy
  * Kari Niskanen, a shareholder of the Company
  * Olli Salo, nominated by Seppo Aho, a shareholder of the Company
  * Pekka Perä, CEO of Talvivaara, as a shareholder of the Company
  * Tapani Järvinen, Chairman of the Board of Directors of Talvivaara
  * Solveig Tönroos-Huhtamäki, a member of Talvivaara's Board of Directors and
    Chairman of the Audit Committee
The  organizational meeting of the Nomination Panel elected Kari Järvinen to act
as the chairman of the Panel.

According  to the charter of the Panel,  the Panel shall submit its proposals to
the  Board of Directors at  the latest on 15 March  preceding the Annual General
Meeting  ("AGM")  taking,  however,  into  account  the meeting and announcement
schedules  notified by  the Company.  The Panel's  view is  that, to  be able to
prepare  well-founded proposals to the AGM, such proposals should be based on as
recent information as possible on the future plans of the Company and especially
on  the status of negotiations between  Talvivaara and Terrafame relating to the
sale  of Talvivaara's mining-related assets to Terrafame. The Panel aims to give
its proposals once more clarity for above mentioned matters is available.



Enquiries

Kari Järvinen, Chairman of the Panel, Solidium Oy, Tel. +358 10 830 8905


[HUG#1994381]

Attachments:

Composition of Talvivaara s Nomination Panel.pdf