Uponor Oyj - Board/Management Information 2019

Uponor Board organisation and roles

Uponor Corporation Stock exchange release 18 March 2019 16:55 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)

Johan Falk

Markus Lengauer

Personnel and Remuneration Committee:

Annika Paasikivi (chair)

Casimir Lindholm

Further information:

Uponor Corporation

Reetta Härkki

General Counsel

Tel. +358 20 129 2835

Susanna Inkinen

Vice President, Communications and Corporate Responsibility

Tel. +358 20 129 2081

DISTRIBUTION:

Nasdaq Helsinki

Media

www.uponor.com

www.investors.uponor.com

Uponor in brief

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 4,100 employees in 30 countries, mainly in Europe and North America. In 2018, 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