Henrik Ehrnrooth elected to chair the Board of Directors of UPM-Kymmene Corporation

Stock Exchange Release 12.4.2023 17:00 EEST

UPM-Kymmene Corporation Stock Exchange Release (Other information disclosed according to the rules of the Exchange) 12 April 2023 at 17:00 EEST

Henrik Ehrnrooth elected to chair the Board of Directors of UPM-Kymmene Corporation

Henrik Ehrnrooth was elected as Chair, and Kim Wahl as Deputy Chair of the Board of Directors of UPM-Kymmene Corporation at the Board of Directors’ constitutive meeting that took place today following the Annual General Meeting.

In addition, the Board of Directors elected the chairs and other members to the Board committees from among its members:

Kim Wahl was re-elected to chair the Audit Committee, and Pia Aaltonen-Forsell and Marjan Oudeman were elected as other committee members.
Martin à Porta was re-elected to chair the Remuneration Committee, and Emma FitzGerald and Topi Manner were elected as other committee members.
Henrik Ehrnrooth was elected to chair the Nomination and Governance Committee, and Jari Gustafsson and Piia-Noora Kauppi were elected as other committee members.

As assessed by the Board, all committee members are independent of both the Company and its significant shareholders, so the committees fulfil their respective independence criteria as set out in the Finnish Corporate Governance Code.

UPM-Kymmene Corporation
Pirkko Harrela
Executive Vice President, Stakeholder Relations

UPM, Media Relations
Mon-Fri 9:00-16:00 EEST
tel. +358 40 588 3284
media@upm.com

UPM
We deliver renewable and responsible solutions and innovate for a future beyond fossils across six business areas: UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers and UPM Plywood. As the industry leader in responsibility, we are committed to the UN Business Ambition for 1.5°C and the science-based targets to mitigate climate change. We employ 17,200 people worldwide and our annual sales are approximately EUR 11.7 billion. Our shares are listed on Nasdaq Helsinki Ltd. UPM Biofore – Beyond fossils. www.upm.com