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Metso's Nomination Board to consist of representatives of Solidium, Cevian Capital, Varma and Ilmarinen

Representatives of the four largest shareholders registered in Metso's shareholder register as of September 1, 2015 are elected to the Shareholders' Nomination Board along with the Chairman of the Board of Directors as an expert member. Nomination Board is responsible for making proposals regarding the composition of the Board and the remuneration paid to Board members for the Annual General Meeting in 2016.

According to the shareholder register, Metso Corporation's four largest shareholders on September 1, 2015 were:

- Solidium Oy (20,947,449 shares and votes, or 13.93% of share capital and votes), 

- Cevian Capital (Cevian Capital Partners Ltd) (20,813,714 shares and votes, or 13.84% of share capital and votes),

- Varma Mutual Pension Insurance Company (6,048,465 shares and votes, or 4.02% of share capital and votes) and

- Ilmarinen Mutual Pension Insurance Company (3,602,126 shares and votes, or 2.40% of share capital and votes).

Metso Corporation plans to hold its 2016 Annual General Meeting on March, 21, 2016.

Source: Metso Corporation