Uponor Oyj — Board/Management Information 2017

Mar 20, 2017

Uponor Board organisation and roles

Uponor Board organisation and roles

Uponor Corporation Stock exchange release 20 March 2017 16.35 EET

Uponor Board organisation and roles

Uponor Corporation’s Annual General Meeting held earlier today elected Jorma
Eloranta as Chair of the Board. He has served in this role since March 2014. In
its organising meeting, the Board of Directors elected Annika Paasikivi as
Deputy Chair of the Board.

The Board resolved to establish an Audit Committee and a Personnel and
Remuneration Committee. The committee charters are described on the company’s
website at http://investors.uponor.com > Governance > Corporate governance >
Board committees.

With regards to the Personnel and Remuneration Committee, Uponor does not
comply with the Finnish Corporate Governance Code 2015, which recommends that a
Board Committee should consist of three members. Uponor considers that
sufficient expertise for the Personnel and Remuneration Committee is secured
with two members. The Committee acts as a preparatory and assisting body for
the Board of Directors, and all essential matters relating to remuneration
shall be dealt by the Board of Directors. Furthermore, the Committee may also
obtain views from outside of the Committee.

Composition of the Committees is the following:

Audit Committee:
Annika Paasikivi (chair)
Markus Lengauer
Jari Rosendal

Personnel and Remuneration Committee:
Jorma Eloranta (chair)
Annika Paasikivi

Further information:
Reetta Härkki
General Counsel
Tel. +358 20 129 2835

Uponor Corporation

Tarmo Anttila
Vice President, Communications
Tel. +358 20 129 2852

DISTRIBUTION:
Nasdaq Helsinki
Media
www.uponor.com

Uponor is a leading international systems and solutions provider for safe
drinking water delivery, energy-efficient radiant heating and cooling and
reliable infrastructure. The company serves a variety of building markets
including residential, commercial, industrial and civil engineering. Uponor
employs about 3,900 employees in 30 countries, mainly in Europe and North
America. In 2016, Uponor's net sales totalled €1.1 billion. Uponor is based in
Finland and listed on Nasdaq Helsinki. www.uponor.com