Neste Oyj — Board/Management Information 2022

Mar 30, 2022

Committees of Neste's Board of Directors

Committees of Neste's Board of Directors

Neste Corporation, Stock Exchange Release, 30 March 2022 at 3.15 p.m. (EET)

Convening after the Annual General Meeting today, Neste's Board of Directors
elected the members of its two Committees.

Matti Kähkönen was elected as Chair and John Abbott, Martina Flöel and Johanna
Söderström as members of the Personnel and Remuneration Committee. Marco Wirén
was elected as Chair and Nick Elmslie, Just Jansz, Jari Rosendal and Eeva Sipilä
as members of the Audit Committee.

Neste Corporation

Susanna Sieppi
Vice President, Communications

Further information: Christian Ståhlberg, General Counsel. Please contact
Neste’s media service, tel. +358  800 94025 / media@neste.com (weekdays from
8.30 a.m. to 4.00 p.m. EET)

Neste in brief

Neste (NESTE, Nasdaq Helsinki) creates solutions for combating climate change
and accelerating a shift to a circular economy. We refine waste, residues and
innovative raw materials into renewable fuels and sustainable feedstock for
plastics and other materials. We are the world’s leading producer of sustainable
aviation fuel and renewable diesel and developing chemical recycling to combat
the plastic waste challenge. We aim at helping customers to reduce their
greenhouse gas emissions with our renewable and circular solutions by at least
20 million tons annually by 2030. Our ambition is to make the Porvoo oil
refinery in Finland the most sustainable refinery in Europe by 2030. We are
introducing renewable and recycled raw materials such as liquefied waste plastic
as refinery raw materials. We have committed to reaching carbon-neutral
production by 2035, and we will reduce the carbon emission intensity of sold
products by 50% by 2040. We also have set high standards for biodiversity, human
rights and supply chain. We have consistently been included in the Dow Jones
Sustainability Indices and the Global 100 list of the world’s most sustainable
companies. In 2021, Neste's revenue stood at EUR 15.1 billion. Read more:
neste.com (https://www.neste.com/)