Neste Oyj — Capital/Financing Update 2021

Dec 17, 2021

The notes to be redeemed by Neste will be removed from trading at Nasdaq Helsinki

The notes to be redeemed by Neste will be removed from trading at Nasdaq Helsinki

Neste Corporation, Stock Exchange Release, 17 December 2021 at 12.30 p.m. (EET)

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN,
NEW ZEALAND, SINGAPORE OR SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE
RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

On 15 November 2021, Neste Corporation announced that it is exercising its right
to redeem in full its outstanding 2.125 per cent. unsecured fixed rate notes due
in 2022 (ISIN FI4000148671, NESTJVK17032022). Neste redeems the notes in
accordance with clause 7.3 of the terms and conditions of the notes today.

Nasdaq Helsinki Ltd has today approved Neste’s application to remove the notes
from trading. It is expected that trading on the notes on Nasdaq Helsinki will
end today.

Neste Corporation

Susanna Sieppi
Vice President, Communications

More information:

Mika Rydman, Vice President and Group Treasurer, Neste

Please contact Neste’s media service, tel. +358 50 458 5076 / 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 renewable
diesel and sustainable aviation fuel, developing chemical recycling to combat
the plastic waste challenge. We aim at helping customers to reduce greenhouse
gas emissions with our renewable and circular solutions by at least 20 million
tons annually by 2030. As a technologically advanced refiner of high-quality oil
products with a commitment to reach carbon-neutral production by 2035, we are
also introducing renewable and recycled raw materials such as waste plastic as
refinery raw materials. We have consistently been included in the Dow Jones
Sustainability Indices and the Global 100 list of the world’s most sustainable
companies. In 2020, Neste's revenue stood at EUR 11.8 billion, with 94% of the
company’s comparable operating profit coming from renewable products. Read more:
neste.com (http://www.neste.com/en)

Disclaimer

The information contained herein is not for release, publication or
distribution, in whole or in part, directly or indirectly, in or into the United
States, Australia, Canada, Hong Kong, Japan, New Zealand, Singapore, South
Africa or such other countries or otherwise in such circumstances in which the
release, publication or distribution would be unlawful. The information
contained herein does not constitute an offer to sell or the solicitation of an
offer to buy, nor shall there be any sale of, the notes in any jurisdiction.

This communication does not constitute an offer of securities for sale in the
United States. The notes have not been and will not be registered under the U.S.
Securities Act of 1933, as amended (the "Securities Act") or under the
applicable securities laws of any state of the United States and may not be
offered or sold, directly or indirectly, within the United States or to, or for
the account or benefit of, U.S. persons.

This communication is directed only at persons in the United Kingdom in
circumstances where provisions of section 21(1) of the Financial Services and
Markets Act 2000, as amended, do not apply and are solely directed at persons in
the United Kingdom who, (i) have professional experience in matters relating to
investments falling within Article 19(5) of the Financial Services and Markets
Act 2000 (Financial Promotion) Order 2005 (the "Order"), (ii) high net worth
entities falling within Article 49(2)(a) to (d) of the Order and (iii) other
persons to whom it may lawfully be communicated (all such persons together being
referred to as "relevant persons"). This release is directed only at relevant
persons and any person who is not a relevant person must not act or rely on this
release or any of its contents.