The Board of Directors of Outotec shall propose to Outotec’s annual general meeting 2020, that Mr. Matti Alahuhta, Mr. Ian W. Pearce, Mr. Klaus Cawén and Ms. Hanne Jimenez de Mora, each a current member of the Board of Directors of Outotec, be conditionally elected to continue to serve on the Board of Directors of Metso Outotec and that Mr. Mikael Lilius, Ms. Arja Talma, Mr. Kari Stadigh, Mr. Christer Gardell and Mr. Antti Mäkinen, each a current member of the Board of Directors of Metso, be conditionally elected as members of the Board of Directors of Metso Outotec for the term commencing on the Effective Date and expiring at the end of the next annual general meeting of Metso Outotec following the Effective Date. Ms. Nina Kopola, who was to be proposed by the Board of Directors of Outotec to Outotec’s annual general meeting 2020, to be conditionally elected as a member of the Board of Directors of Metso Outotec for the term commencing on the Effective Date and expiring at the end of the next annual general meeting of Metso Outotec following the Effective Date, resigned from her position as a member of the Board of Directors of Metso, effective from August 1, 2019. Therefore, the Board of Directors of Outotec will, after consultation with the Shareholders’ Nomination Boards of each of Outotec and Metso, propose one new member to be conditionally elected as a member of the Board of Directors of Metso Outotec for the term commencing on the Effective Date and expiring at the end of the next annual general meeting of Metso Outotec following the Effective Date. The Board of Directors of Outotec will propose that Ms. Kopola be replaced by conditionally electing one member from the Board of Directors of Metso to be elected at Metso’s annual general meeting 2020.
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%).
METSO OUTOTEC OYJ 
