Outotec Oyj - Company Announcement

Outotec's share-based incentive program 2016 - 2018

OUTOTEC OYJ STOCK EXCHANGE RELEASE, March 1, 2016 AT 9.15 AM

Outotec's share-based incentive program 2016 - 2018

Outotec's Board of Directors has decided to adopt a new share-based incentive
program for the company's key personnel. The program aims to increase Outotec's
value as a company through aligning the objectives of shareholders and
management, committing management to the company and offering a competitive
reward for the management based on a long-term shareholding in Outotec.

The program comprises three earning periods: calendar years 2016, 2017 and
2018. The Board of Directors determines on an annual basis the maximum amount of
shares to be allocated in each calendar year, participants of the program,
amount of the maximum reward for each individual, earning criteria and targets
established for them.

The program will cover approximately 150 Outotec individuals in the 2016 earning
period, which has commenced on January 1, 2016. A precondition for the Executive
Board members for being eligible for the share-based incentive program is that
he or she also participates in Outotec's Employee Share Savings Plan.

The potential reward is based on the achievement of the targets set for net
profit and free cash flow. The reward will be paid in 2017 in Outotec's shares
and as a cash payment, which is intended to cover the taxes and tax-related
costs arising from payment incurred by participants. The person must hold the
earned shares for at least two years after the end of the earning period. If the
person's employment ends during this engagement period, he or she has to return
all or part of the earned shares to the company without compensation.

The maximum total reward for 2016 earning period, depending on the achievements
of set targets, is 700,000 allocated Outotec shares and cash to cover income
taxes. Final allocations will be decided in March 2016. Allocated shares for
earning periods 2017 and 2018 will be decided by the Board of Directors on an
annual basis for each earning period separately.


For further information please contact:

OUTOTEC OYJ

Kirsi Nuotto, Senior Vice President - Human Resources & Communications
tel. +358 20 529 2008
e-mail firstname.lastname@outotec.com


DISTRIBUTION
NASDAQ Helsinki
Main media
www.outotec.com

[HUG#1990418]