Valmet cancels the Annual General Meeting from Thursday, March 19, 2020 and postpones it to a later date

Valmet Oyj’s stock exchange release on March 17, 2020 at 11:45 a.m. EET

Following the development of the coronavirus situation and the announcement by the Finnish Government on March 16, 2020, the Board of Directors of Valmet has decided to cancel the Annual General Meeting from Thursday, March 19, 2020.

Valmet will convene the Annual General Meeting at a later date.

VALMET OYJ

Board of Directors

Further information, please contact:

Rasmus Oksala, General Counsel, Valmet, tel. 6

Pekka Rouhiainen, Director, Investor Relations, Valmet, tel. 0

Valmet is the leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries. We aim to become the global champion in serving our customers.

Valmet’s strong technology offering includes pulp mills, tissue, board and paper production lines, as well as power plants for bioenergy production. Our advanced services and automation solutions improve the reliability and performance of our customers’ processes and enhance the effective utilization of raw materials and energy.

Valmet’s net sales in 2019 were approximately EUR 3.5 billion. Our more than 13,000 professionals around the world work close to our customers and are committed to moving our customers’ performance forward – every day. Valmet’s head office is in Espoo, Finland and its shares are listed on the Nasdaq Helsinki.

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