Metsä Board Oyj — Share Issue/Capital Change 2021

Feb 25, 2021

84,976 Metsä Board A shares converted into B shares

84,976 Metsä Board A shares converted into B shares

Metsä Board Corporation Total number of voting rights and capital 25 February
2021 at 1 p.m. EET

In accordance with Section 14 of the Articles of Association of Metsä Board
Corporation, 84,976 A shares have been converted into 84,976 B shares. The
conversion has been entered into the Trade Register on 25 February 2021 and
trading with these shares is estimated to commence on 26 February 2021.

The total number of Metsä Board shares is 355,512,746. After the conversion the
amount of A shares is 32,802,175 which entitle to approximately 67% of the
voting rights in Metsä Board and the amount of B shares 322,710,571 which
entitle to approximately 33% of the voting rights.

METSÄ BOARD CORPORATION

Further information:
Katri Sundström, VP, Investor Relations, Metsä Board, tel. +358 10 462 0101

Metsä Board
www.metsaboard.com (https://www.metsaboard.com/Pages/default.aspx)
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 resource, traceable to origin in sustainably managed northern forests.
We are a forerunner in sustainability, and  we aim for completely fossil free
mills and raw materials by 2030.
Together with our customers we develop innovative packaging solutions to create
better consumer experiences with less environmental impact. In 2020, our sales
totalled EUR 1.9 billion, and we have about 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)