Valmet Corporation announced Eriikka Söderström, member of the Board of Directors, and Aaro Cantell, member of the Board of Directors, have informed Valmet's Nomination Board that they will not be available in the election of the Board of Directors in the next Annual General Meeting. Eriikka Söderström has served as a member of Valmet's Board of Directors since 2017. Aaro Cantell has served as a member of Valmet's Board of Directors since 2016.

The Nomination Board: Reima Rytsölä (CEO, Solidium Oy) acted as the Chair of the Nomination Board. The other members of the Nomination Board were Jari Paasikivi (Chairman of the Board of Directors, Oras Invest Oy), Mikko Mursula (Deputy CEO, Investments, Ilmarinen Mutual Pension Insurance Company) and Markus Aho (Chief Investment Officer, Varma Mutual Pension Insurance Company). Mikael Mäkinen, Chairman of Valmet's Board of Directors, served as the Nomination Board?s expert member.