Composition of Metso Outotec's Shareholders' Nomination Board
Metso Outotec Corporation's stock exchange release on August 17, 2021, at 11:15 a.m. EEST
The four largest shareholders of Metso Outotec have nominated representatives to the Shareholders' Nomination Board, which included the Chair of the Board of Directors as the fifth member.
Metso Outotec's four largest registered shareholders on August 15, 2021, were Solidium (14.9% of shares and votes), Cevian Capital Partners (7.8% of shares and votes), Varma Mutual Pension Insurance Company (3.3% of shares and votes), and Ilmarinen Mutual Pension Insurance Company (2.8% of shares and votes).
As a result, Metso Outotec's Shareholders' Nomination Board consists of:
Niko Pakalén, Partner, Cevian Capital Partners Ltd
Risto Murto, President & CEO, Varma
Mikko Mursula, Deputy CEO, Ilmarinen
Kari Stadigh, Chair of Metso Outotec's Board of Directors
The Shareholders' Nomination Board should provide its proposals relating to the composition of the Board and Board remuneration to the Metso Outotec Board of Directors on January 31, 2022, at the latest.
Further information, please contact:
Nina Kiviranta, General Counsel, tel. +358 20 529 2017, nina.kiviranta@mogroup.com
Metso Outotec Corporation
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Nasdaq Helsinki Ltd
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www.mogroup.com
Metso Outotec is a frontrunner in sustainable technologies, end-to-end solutions and services for the aggregates, minerals processing and metals refining industries globally. By improving our customers' energy and water efficiency, increasing their productivity, and reducing environmental risks with our product and process expertise, we are the partner for positive change.
Metso Outotec is committed to limiting global warming to 1.5°C with Science Based Targets. We ranked 8th on the 2021 Global 100 list of the world's most sustainable companies.
Headquartered in Helsinki, Finland, Metso Outotec employs over 15,000 people in more than 50 countries and its sales for 2020 were about EUR 3.9 billion. The company is listed on the Nasdaq Helsinki.mogroup.com,twitter.com/metsooutotec
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Metso Outotec Oyj published this content on 17 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 August 2021 08:22:04 UTC.
Metso Outotec Oyj specializes in the design, development, construction and maintenance of factories and equipment intended for the metallurgy and mining industries. Net sales break down by activity sector as follows:
- mining (63.5%): crushing machines, screening machines, handling equipment, etc. ;
- aggregates industry and quarrying (27.3%): production plants, stations, modules and equipment, crushing and screening equipment, handling equipment, etc.;
- metal refining and processing (9.2%): extraction sites, non-ferrous concentrate baking units, copper, nickel, zinc, lead and precious metals foundries and refineries, grinders, floating machines, control and analysis systems, separators, iron processing into small balls units, etc.
Net sales are distributed geographically as follows: Finland (1.5%), Europe (21%), North and Central America (22.9%), Asia/Pacific (22.4%), South America (17.3%), Africa/Middle East/India (14.9%).