Uponor - Company Announcement

Uponor Board organisation and roles

Uponor Corporation       Stock exchange release        17 March 2015 18.32 EET


Uponor Board organisation and roles

In its organising meeting subsequent to the AGM held earlier today, the Board
of Directors elected Jorma Eloranta as Chair and Annika Paasikivi as Deputy
Chair of the Board. 

The Board decided to re-establish an Audit Committee and a Personnel and
Remuneration Committee. The committee charters are described on the company's
web site at http://investors.uponor.com > Governance > Corporate governance >
Board committees. 

With regard to the Personnel and Remuneration Committee, Uponor does not comply
with the Finnish Corporate Governance Code that recommends three members in a
Board committee. Uponor considers that sufficient expertise for the Personnel
and Remuneration Committee is secured with two members. The Committee acts as a
preparatory and assisting body for the Board of Directors, and all essential
matters relating to remuneration shall be dealt by the Board of Directors.
Furthermore, the Committee may also obtain views from outside of the Committee 

Composition of the Audit Committee:
Timo Ihamuotila (chair)
Markus Lengauer
Annika Paasikivi
Jari Rosendal

Composition of the Personnel and Remuneration Committee:
Jorma Eloranta (chair)
Annika Paasikivi


Further information:
Reetta Härkki, General Counsel, Tel. +358 20 129 2835


Uponor Corporation

Tarmo Anttila
Vice President, Communications
Tel. +358 20 129 2852



DISTRIBUTION:
NASDAQ Helsinki
Media
www.uponor.com


Uponor is a leading international provider of plumbing and indoor climate
solutions for residential and commercial building markets across Europe and
North America. In Northern Europe, Uponor is also a prominent supplier of
infrastructure pipe systems. The Group employs approx. 4,000 persons, in 30
countries. In 2014, Uponor's net sales exceeded €1 billion. Uponor Corporation
is listed on NASDAQ Helsinki in Finland. www.uponor.com