Notice is given to the shareholders of Neles Corporation ('Neles' or 'the Company') to the Annual General Meeting to be held on Friday, March 26, 2021 at 2.00 p.m. at Neles Corporation's headquarters, Vanha Porvoontie 229, 01380 Vantaa, Finland.

In order to prevent the spread of the COVID-19 pandemic, the Annual General Meeting will be held without shareholders' and their proxy representatives' presence at the meeting venue.

The Board of Directors of the Company has resolved on the exceptional procedures for the meeting based on the temporary legislative act to limit the spread of the COVID-19 pandemic (677/2020) approved by the Finnish Parliament on September 15, 2020, which entered into force on October 3, 2020. The Company has resolved to take actions enabled by the act in order to hold the meeting in a predictable manner, taking into consideration the health and safety of its shareholders, personnel and other stakeholders.

Shareholders and their proxy representatives may participate in the meeting and exercise their shareholder rights only by voting in advance as well as by submitting counterproposals and questions in advance. Instructions for shareholders are presented in this notice under Section C of this notice and on the Company's website.

Contact:

Elisa Erkkila

Tel: +358 40 754 4411

Neles is one of the leading providers of mission-critical flow control solutions and services for process industries. With our global team of experts and innovative solutions, we help our customers to improve their process performance and ensure the safe flow of materials. Neles is listed on the Nasdaq Helsinki in Finland and had sales of about EUR 576 million in 2020. Neles employs about 2,850 people in approximately 40 countries.

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