Uponor Oyj — Major Shareholding Notification 2017

Mar 20, 2017

Franklin Templeton ownership decreases below 5% – a notification under Chapter 9, Section 10 of the Securities Market Act

Franklin Templeton ownership decreases below 5% – a notification under Chapter 9, Section 10 of the Securities Market Act

Uponor Corporation Stock exchange release 20 March 2017 11.15 EET

Franklin Templeton ownership decreases below 5% – a notification under Chapter
9, Section 10 of the Securities Market Act

Uponor Corporation has received a notification from Franklin Resources, Inc., a
U.S. company, referred to in Chapter 9, Section 10 of the Securities Market Act
on a change in holdings. According to the notification, the holdings of
Franklin Templeton Institutional, LLC, a wholly-owned subsidiary of Franklin
Resources, Inc., came to 4.97%, or 3,640,933 shares, on 16 March 2017. In the
previous notification, dated 15 September 2016, the company’s ownership was
9.55%. According to the notification, no individual fund or client account
managed by Franklin Templeton Institutional, LLC holds 5% or more.

Uponor Corporation number of shares totals 73,206,944. The company has one
share series.

Further information:
Riitta Palomäki, CFO, tel. +358 20 129 2822

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