Uponor Oyj — Share Issue/Capital Change 2015

Feb 12, 2015

Directed share issue under the management share-based incentive plan for 2012-2014

Directed share issue under the management share-based incentive plan for 2012-2014

Uponor Corporation Stock exchange release
12 February 2015 8:12 EETDirected share issue under the management share-based incentive
plan for 2012-2014Based on the authorisation granted by the Annual General
Meeting on 15 March 2012, Uponor's Board of Directors has decided on a directed
share issue to the company's management, as part of the long-term share-based
incentive plan 2012-2104. Based on the Board's decision, Uponor will transfer,
without payment, 42,818 of the company's own shares to 10 key employees, as
specified in the rules of the plan.Share-based incentive programmes are part of Uponor's total
management remuneration package, with the purpose of incentivising and
motivating management and aligning the targets of management with
shareholders.The reward in the LTI Plan 2012-2014 consisted of the following
parts:1) The matching share
incentive based on own investment with a three year vesting period2) A performance share
plan that depended on the company's earnings performance over a three-year
performance period.Further details are
available in the stock exchange release announced on 2 March
2012.No new shares will be issued in connection with the plan and
therefore the plan will have no diluting effect. Prior to this directed issue,
Uponor held a total of 140,378 of its own shares, of which 97,560
remain.Further information: Mr Jorma Eloranta, Chair of the Board, e-mail:jorma.eloranta@kolumbus.fi or call requests through: Ms Päivi Dahlqvist, Executive
Assistant, Uponor, Tel +358 20 129 211.Uponor CorporationTarmo AnttilaVice President,
CommunicationsTel. +358 20 129
2852DISTRIBUTION:NASDAQ HelsinkiMediawww.uponor.comUponor is a leading international provider of
plumbing and indoor climate solutions for residential and commercial building
markets across Europe and North America. In Northern Europe, Uponor is also a
prominent supplier of infrastructure pipe systems. The Group employs approx.
4,000 persons, in 30 countries. In 2014, Uponor's net sales exceeded €1
billion. Uponor Corporation is listed on NASDAQ Helsinki in Finland.
www.uponor.com