Valmet Oyj — Major Shareholding Notification 2014

Sep 2, 2014

Valmet Corporation's largest shareholders according to the shareholder register of September 1, 2014 and formation of the Nomination Board

Valmet Corporation's largest shareholders according to the shareholder register of September 1, 2014 and formation of the Nomination Board

Valmet Corporation's stock exchange release on September 2, 2014 at 2:45 p.m.
EET

Valmet's Annual General Meeting decided on March 26, 2014 to establish a
Nomination Board to prepare proposals on members of the Board of Directors and
their remuneration for the next Annual General Meeting which is planned to be
held on March 27, 2015.

The representatives of the four largest shareholders registered in Valmet's
shareholder register as of September 1, 2014 are elected to the Nomination Board
along with the Chairman of the Board of Directors Jukka Viinanen as an expert
member.

According to the shareholders register in Euroclear, Valmet Corporation's four
largest shareholders on September 1, 2014 were:

• Cevian Capital Partners Ltd (20,813,714 shares and votes or 13.89% of share
  capital and votes),
• Solidium Oy (16,695,287 shares and votes or 11.14% of share capital and votes)
• Nordea Funds Oy (7,266,835 shares and votes or 4.85% of share capital and
  votes)
• Solero LuxCo S.à r.l. (Funds advised by Triton) (5,349,756 shares and votes or
  3.57% of share capital and votes)

Further information, please contact:
Rasmus Oksala, General Counsel, Valmet Corporation, tel. +358 40 586 8997
Hanna-Maria Heikkinen, Vice President, Investor Relations, Valmet Corporation,
tel +358 10 672 0007

VALMET CORPORATION

Markku Honkasalo
CFO

Hanna-Maria Heikkinen
VP, Investor Relations

Valmet Corporation is a leading global developer and supplier of services and
technologies for the pulp, paper and energy industries. Our 11,000 professionals
around the world work close to our customers and are committed to moving our
customers' performance forward - every day.

Valmet's services cover everything from maintenance outsourcing to mill and
plant improvements and spare parts. Our strong technology offering includes
entire pulp mills, tissue, board and paper production lines, as well as power
plants for bio-energy production.

The company has over 200 years of industrial history and was reborn through the
demerger of the pulp, paper and power businesses from Metso Group in December
2013. Valmet's net sales in 2013 were approximately EUR 2.6 billion. Valmet's
objective is to become the global champion in serving its customers.

Valmet's head office is in Espoo, Finland and its shares are listed on the
NASDAQ OMX Helsinki Ltd.

Read more www.valmet.com , www.twitter.com/valmetglobal

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