Uponor Oyj — Board/Management Information 2018

Mar 13, 2018

Disclosure 359519

Uponor - Changes board/management/auditors

Uponor Board organisation and roles

Uponor Corporation Stock exchange release 13 March 2018 17:05 EET

Uponor Board organisation and roles

Uponor Corporation’s Annual General Meeting held earlier today elected Annika Paasikivi as Chair of the Board. In its organising meeting, the Board of Directors elected Markus Lengauer 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 https://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:

Pia Aaltonen-Forsell (chair)

Markus Lengauer

Annika Paasikivi

Personnel and Remuneration Committee:

Annika Paasikivi (chair)

Casimir Lindholm

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

www.investors.uponor.com

Uponor in brief

The year 2018 marks Uponor's 100-year anniversary. Our success is built on strong partnerships with our customers and stakeholders in the past, present and future.

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 4,000 employees in 30 countries, mainly in Europe and North America. In 2017, Uponor's net sales totalled nearly €1.2 billion. Uponor is based in Finland and listed on Nasdaq Helsinki. Uponor builds on you - www.uponor.com