Metsä Board Oyj — Director's Dealing 2020

May 14, 2020

Disclosure 383684

Metsä Board Oyj - Managers' transactions

Metsä Board Corporation: Managers’ transactions

Metsä Board Corporation Managers’ transactions 14 May 2020 at 14:30 noon EEST The Member of the Board of Metsä Board Hannu Anttila received on 13 March 2020 shares based on Metsä Group’s long term share incentive plan. Metsä Board Corporation - Managers' transactions ____________________________________________ Person subject to the notification requirement Name: Anttila Hannu Position: Member of the Board Issuer: Metsä Board Corporation LEI: 743700KKB8Q035K38488 Notification type: INITIAL NOTIFICATION Reference number: 743700KKB8Q035K38488_20200512084840_6 ____________________________________________ Transaction date: 2020-03-13 Venue: OFF-EXCHANGE TRANSACTIONS- LISTED INSTRUMENTS (XOFF) Instrument type: SHARE ISIN: FI0009000665 Nature of the transaction: RECEIPT OF A SHARE-BASED INCENTIVE Transaction details (1): Volume: 4,167 Unit price: 0.00 EUR Aggregated transactions (1): Volume: 4,167 Volume weighted average price: 0.00 EUR METSÄ BOARD CORPORATION Further information: Katri Sundström, VP, Investor Relations, tel. +358 10 462 0101 Juhani Pitkänen, Secretary to the Board, Metsä Board, tel. +358 10 465 5240 Metsä Board www.metsaboard.com (https://www.metsaboard.com/Pages/default.aspx) Metsä Board is a leading European producer of premium fresh fibre paperboards and forerunner in sustainability. We produce premium lightweight folding boxboards, food service boards and white kraftliners for consumer goods packaging as well as retail-ready and food service applications. We work together with our customers on a global scale to innovate solutions for better consumer experiences with less environmental impact. The pure fresh fibres Metsä Board uses are a renewable resource, traceable to origin in sustainably managed northern forests. We aim for completely fossil free mills and raw materials by 2030. The global sales network of Metsä Board supports customers worldwide, including brand owners, retailers, converters and merchants. In 2019, the company’s sales totalled EUR 1.9 billion, and it has approximately 2,400 employees. Metsä Board, part of Metsä Group, is listed on the Nasdaq Helsinki. Follow Metsä Board: Twitter (https://twitter.com/MetsaBoard) LinkedIn (http://www.linkedin.com /company/mets -board?trk=top_nav_home) YouTube (https://www.youtube.com/playlist?list=PLF6CD152 EF0DA1E61) Instagram (https://www.instagram.com/metsaboard/?cm_medium=test)