Metsä Board Oyj — Director's Dealing 2022

Dec 13, 2022

Disclosure 416018

Metsä Board Oyj - Managers' transactions

CORRECTION: Metsä Board Corporation: Managers' transactions (Metsäliitto Cooperative)

Metsä Board Corporation Managers' transactions 13 December 2022 at 6 pm EET Reason for correction: The managers' transaction notification published by Metsä Board Corporation earlier on 13 December 2022 at 3 pm EET contained an error. It was erroneously reported that the transaction on 9 December 2022 was made under life insurance policy. The transaction was not made under life insurance policy. Below is the corrected information on the transaction: Metsäliitto Cooperative, which is a closely associated party to Metsä Board's Chair and two members of the Board of Directors, has acquired on 8 December 2022 and 9 December 2022 Metsä Board Corporation's B shares. Metsä Board Oyj - Managers' Transactions ____________________________________________ Person subject to the notification requirement Name: Metsäliitto Osuuskunta Position: Closely associated person (X) Legal person (1):Person Discharging Managerial Responsibilities In Issuer Name: Ilkka Hämälä Position: Member of the Board Issuer: Metsä Board Oyj LEI: 743700KKB8Q035K38488 Notification type: INITIAL NOTIFICATION Reference number: 22085/7/10 ____________________________________________ Transaction date: 2022-12-08 Venue: NASDAQ HELSINKI LTD (XHEL) Instrument type: SHARE ISIN: FI0009000665 Nature of the transaction: ACQUISITION Transaction details (1): Volume: 40000 Unit price: 8.555 EUR Aggregated transactions (1): Volume: 40000 Volume weighted average price: 8.555 EUR ____________________________________________ Transaction date: 2022-12-09 Venue: NASDAQ HELSINKI LTD (XHEL) Instrument type: SHARE ISIN: FI0009000665 Nature of the transaction: ACQUISITION Transaction details (1): Volume: 500000 Unit price: 8.64 EUR Aggregated transactions (1): Volume: 500000 Volume weighted average price: 8.64 EUR METSÄ BOARD CORPORATION Further information: Katri Sundström, VP, Investor Relations, Metsä Board, tel. +358 10 462 0101 Eeva Impiö-Loimaala, Secretary to the Board, Metsä Board, tel. +358 44 040 3877 Metsä Board www.metsagroup.com/metsaboard Metsä Board is a leading European producer of premium fresh fibre paperboards. We focus on lightweight and high-quality folding boxboards, food service boards and white kraftliners. The pure fresh fibres we use in our products are a renewable and recyclable resource, that can be traced back to sustainably managed northern forests. We are a forerunner in sustainability, and we aim to have completely fossil free mills and raw materials by the end of 2030. Together with our customers we develop innovative packaging solutions to create better consumer experiences with less environmental impact. In 2021 our sales totalled EUR 2.1 billion, and we have around 2,400 employees. Metsä Board, part of Metsä Group, is listed on the Nasdaq Helsinki. Follow Metsä Board: Twitter (https://twitter.com/MetsaBoard) LinkedIn (https://ww w.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)