Neste Oyj — Board/Management Information 2026

Mar 5, 2026

Changes in Neste's leadership team and organization structure

Changes in Neste's leadership team and organization structure

Neste Corporation, Stock Exchange Release, 5 March 2026 at 9 a.m. (EET)
Neste, the world's leading producer of renewable diesel and sustainable aviation
fuel (SAF), has appointed new leadership team members as part of an
organizational change that primarily affects the company's Renewable Products
business. As of 1 April 2026, Renewable Products commercial, refining, and
feedstock sourcing and trading will be represented in Neste's leadership team.
At the same time, Neste will establish a Renewable Products, North America
business unit, responsible for all renewable products business in North America,
including regional feedstock and commercial operations as well as Martinez joint
venture.
From 1 April 2026 onwards, Neste's leadership team members will consist of
Heikki Malinen, President and CEO, and the following leadership team members,
who will all report to the President and CEO:

· Jori Sahlsten, Executive Vice President, Oil Products business area
· Artturi Mikkola, Senior Vice President, Renewable Products Feedstock
Sourcing and Trading
· Jukka Kanerva, Senior Vice President, Renewable Products Refining
· Carl Nyberg, Senior Vice President, Renewable Products Commercial
· N.N., President, Renewable Products, North America (Carl Nyberg as interim)
· Markku Korvenranta, Executive Vice President and Chief Operating Officer
(COO)
· Eeva Sipilä, Chief Financial Officer (CFO)
· Hannele Jakosuo-Jansson, Executive Vice President, People & Culture

“Given the importance and potential of our renewables business within Neste, I
see this change as a next step to accelerate Neste's value creation and long
term growth. I believe that with this leadership team and structure we will
effectively lead Neste's strategy execution and financial performance,” says
Heikki Malinen, President and CEO of Neste and continues: “I warmly welcome
Artturi, Jukka and Carl to Neste's leadership team. They all have strong track
records in their respective areas of responsibility and have had several
demanding leadership positions across Neste over the years.”
These changes will not affect Neste's financial reporting segments.
Neste Corporation
Hanna Maula
Senior Vice President, Communications, Marketing, Sustainability and Public
Affairs
Further information: 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). Please subscribe to
Neste's releases at https://www.neste.com/media/subscribe.

Neste in brief

Neste (NESTE, Nasdaq Helsinki) is the world's leading producer of renewable
diesel and sustainable aviation fuel (SAF), with production on three continents.
The company's renewables production capacity is expected to reach 6.8 million
tons annually in 2027. Neste also produces high-quality oil products at its
Porvoo refinery in Finland. The company has a network of nearly 1,000 fuel
stations with expanding service offering, such as EV charging, in Finland and in
the Baltics.

Neste's strategy focuses on growth in renewable fuels, which help its customers
to reduce their greenhouse gas emissions. Neste is included in many
international indices for its sustainability performance. In 2025, Neste's
revenue stood at EUR 19.0 billion. Read more: neste.com (http://www.neste.com)