Neles Corporation has received a notification, pursuant to Chapter 9, Section 5 and 6 of the Finnish Securities Markets Act, from Societe Generale SA (SG SA) that on February 16, 2021, their total holding in Neles shares and financial instruments exceeded 5 percent threshold. Neles' total number of shares and voting rights is 150,348,256.

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.

Contact:

Ms Rita Uotila

Tel: +358 400 954 141

Email: rita.uotila@neles.com

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