Talvivaaran Kaivososakeyhtiö Oyj - Inside information

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

Stock Exchange Release

Talvivaara Mining Company Plc

12 April 2017





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



Talvivaara  Mining Company  Plc's ("Talvivaara"  or the "Company") Shareholders'
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 the following:

  * Pauli Anttila, Investment Manager, nominated by Solidium Oy
  * Tommi Mäkelä, Investment Manager, nominated by Pharmacy Pension Fund
  * Pekka Perä, CEO of Talvivaara, as a shareholder of the Company
  * Tapani Järvinen, Chairman of the Board of Directors of Talvivaara
  * Solveig Törnroos-Huhtamäki, a member of Talvivaara's Board of Directors and
    Chairman of the Audit Committee

According  to the charter  of the Panel,  four members shall  represent the four
shareholders  who  on  the  last  working  day of September preceding the Annual
General  Meeting represent  the largest  number of  votes of  all shares  in the
Company.  However, according  to the  charter, should  a shareholder cease to be
amongst   the   ten   largest   shareholders   of  the  Company,  the  appointed
representative  of such  shareholder shall  resign. Due  to the conversion issue
executed  in accordance  with the  restructuring programme  of the  Company, the
composition  of  the  ten  largest  shareholders  changed  substantially  at the
beginning of 2017. The seats vacated due to the conversion issue were offered to
the  shareholders among the ten largest shareholders  as per the end of February
2017. Three  members of the Panel have  been nominated by the shareholders among
the ten largest shareholders of the Company.

The  organizational meeting of the Nomination Panel elected Pauli Anttila 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 AGM of the Company has been provisionally
scheduled for 15 June 2017. The Panel shall submit its proposals by the time the
AGM notice will be published.



Enquiries

Pauli Anttila, Chairman of the Panel, Solidium Oy, Tel. +358 10 830 8909


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Viðhengi:

Composition of Talvivaara s Nomination Panel.pdf