Metso Corporation's stock exchange release on November 5, 2010 at 3:00 p.m. local time
Metso's four biggest registered shareholders on November 1, 2010 i.e Solidium Oy, Cevian Capital II Master Fund L.P., Varma Mutual Pension Insurance Company and Ilmarinen Mutual Pension Insurance Company have named the following persons as their representatives for Metso's Nomination Board:
Kari Järvinen, Managing Director (Solidium Oy);
Lars Förberg, Managing Partner (Cevian Capital);
Matti Vuoria, Managing Director, President and CEO (Varma Mutual Pension Insurance Company), and
Harri Sailas, President and CEO (Ilmarinen Mutual Pension Insurance Company).
Jukka Viinanen, Chairman of Metso's Board of Directors serves as the Nomination Boards's expert member. The Nomination Board will elect a chairman from among its members in its organizing meeting.
Metso's Nomination Board, established by the Annual General Meeting, prepares proposals on the composition of the Board of Directors along with the director remuneration for the next Annual General Meeting, which is tentatively scheduled for March 30, 2011.
Metso is a global supplier of sustainable technology and services for mining, construction, power generation, automation, recycling and the pulp and paper industries. We have about 27,000 employees in more than 50 countries. www.metso.com
Further information for the press, please contact:
Aleksanteri Lebedeff, Senior Vice President, General Counsel, tel. +358 20 484 3240
Further information for investors, please contact:
Johanna Henttonen, Vice President, Investor Relations, Metso Corporation, tel. +358 20 484 3253
Vice President, Investor Relations
NASDAQ OMX Helsinki Ltd