Orion Oyj

Earnings Release • Jul 9, 2015

Disclosure 325713

Orion - Company Announcement

Orion upgrades full-year outlook for 2015

ORION CORPORATION STOCK EXCHANGE RELEASE 9 JULY 2015 at 11.15 a.m. EEST Orion upgrades full-year outlook for 2015 Orion Corporation upgrades the full-year outlook estimate for 2015 provided on 24 April 2015. Net sales of the first half of 2015 was EUR 515 million and operating profit of the first half of 2015 EUR 157 million. Based on the good start for the year the company estimates that the full-year net sales and operating profit will be higher than estimated previously. New full-year outlook estimate for 2015, provided on 9 July 2015 Net sales is estimated to be at similar level to 2014 (net sales were EUR 1,015 million in 2014). Operating profit is estimated to exceed EUR 260 million. The Group's capital expenditure will be about EUR 50 million excluding substantial corporate or product acquisitions. (The Group's capital expenditure was EUR 57 million in 2014). Previous full-year outlook estimate for 2015, provided on 24 April 2015 Net sales will be slightly lower than in 2014 (net sales were EUR 1,015 million in 2014). Operating profit is estimated to exceed EUR 230 million. The Group's capital expenditure will be about EUR 50 million excluding substantial corporate or product acquisitions. (The Group's capital expenditure was EUR 57 million in 2014). Orion will publish the Interim Report January-June 2015 on Tuesday, 28 July 2015. Orion Corporation Timo Lappalainen Olli Huotari President and CEO SVP, Corporate Functions Contact person: Timo Lappalainen, CEO tel. +358 50 966 3692 Publisher: Orion Corporation Communications Orionintie 1A, FI-02101 Espoo, Finland Homepage: www.orion.fi Orion is a globally operating Finnish company developing pharmaceuticals and diagnostic tests - a builder of well-being. Orion develops, manufactures and markets human and veterinary pharmaceuticals, active pharmaceutical ingredients and diagnostic tests. The company is continuously developing new drugs and treatment methods. The core therapy areas of Orion's pharmaceutical R&D are central nervous system (CNS) disorders, oncology and respiratory for which Orion developes inhaled Easyhaler® pulmonary drugs. Orion's net sales in 2014 amounted to EUR 1,015 million and the Company had about 3,500 employees. Orion's A and B shares are listed on NASDAQ Helsinki. [HUG#1936227]