Metso Outotec Oyj — Capital/Financing Update 2021

Dec 8, 2021

Metso Outotec signed EUR 100 million sustainability-linked loan agreement with Nordic Investment Bank

Metso Outotec signed EUR 100 million sustainability-linked loan agreement with Nordic Investment Bank

Metso Outotec Corporation’s stock exchange release on December 8, 2021, at 1:00
p.m. EET

Metso Outotec and the Nordic Investment Bank (NIB) have today signed an eight
-year EUR 100 million sustainability-linked loan agreement. The terms of the
loan are linked to mutually agreed sustainability targets that relate to Metso
Outotec reducing its own operations’ and supply chain’s CO\2\ emissions by 2025.

Sustainability is a strategic priority for Metso Outotec and the company has set
Science Based Targets (SBT) in alignment with limiting global warming to 1.5
degrees. The sustainability-linked loan agreement is continuation of Metso
Outotec’s previous agreement in September 2021 with the core banking group to
include sustainability targets into the EUR 600 million Syndicated Revolving
Credit.

Metso Outotec and the NIB have agreed to include three sustainability related
targets to the loan that are:

· Reducing CO\2 \emissions from the Group’s own operations
· Reducing CO\2\ emissions from the Group’s logistics
· The Group’s suppliers having a Science Based CO\2\ emissions reduction
target

The development of these targets will be measured annually. Depending on the
achievement of these targets the pricing of the loan will either decrease or
increase.

“NIB’s sustainability-linked loan will finance Metso Outotec’s sustainability
ambitions, contributing to the company’s efforts to reducing CO\2\ emissions
from their operations. Linking financing to sustainability objectives
effectively supports companies in integrating sustainability into their strategy
and achieving ambitious goals,” says André Küüsvek, President and CEO of the
Nordic Investment Bank.

“In addition to managing our handprint CO\2 \emissions, emissions from customer
operations, decreasing the environmental footprint of our own operations and in
our logistics and supply chain is a high priority for Metso Outotec. We are
further underlining this commitment with sustainable funding. I am delighted of
the good cooperation with NIB in designing this sustainability-linked loan
agreement. Reducing CO\2\ emissions is fundamental for us all to limit global
warming to 1.5 degrees. Together with NIB we have truly built an industry
-leading example of sustainable financing,” says Eeva Sipilä, CFO, Metso
Outotec.

Further information, please contact:

Minna Helppi, SVP Group Treasurer, Metso Outotec Corporation, tel. +358 40 772
1024

Metso Outotec Corporation

Distribution:
Nasdaq Helsinki Ltd
Main media
www.mogroup.com

NIB is an international financial institution owned by eight member countries:
Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden. The
Bank finances private and public projects in and outside the member countries.
NIB has the highest possible credit rating, AAA/Aaa, with the leading rating
agencies Standard & Poor’s and Moody’s.

Metso Outotec is a frontrunner in sustainable technologies, end-to-end solutions
and services for the aggregates, minerals processing and metals refining
industries globally. By improving our customers’ energy and water efficiency,
increasing their productivity, and reducing environmental risks with our product
and process expertise, we are the partner for positive change.

Metso Outotec is committed to limiting global warming to 1.5°C with Science
Based Targets. We ranked 8th on the 2021 Global 100 list of the world’s most
sustainable companies.

Headquartered in Helsinki, Finland, Metso Outotec employs over 15,000 people in
more than 50 countries and its sales for 2020 were about EUR 3.9 billion. The
company is listed on the Nasdaq Helsinki.
mogroup.com (https://www.mogroup.com/), twitter.com/metsooutotec