Metso Corporation’s four biggest registered shareholders on October 1, 2012 i.e Solidium Oy, Cevian Capital II Master Fund L.P., Ilmarinen Mutual Pension Insurance Company and Varma Mutual Pension Insurance Company have named the following persons as their representatives in Metso's Nomination Board:
Kari Järvinen, Managing Director (Solidium Oy);
Lars Förberg, Managing Partner (Cevian Capital);
Harri Sailas, President and CEO (Ilmarinen Mutual Pension Insurance Company); and
Matti Vuoria, President and CEO (Varma Mutual Pension Insurance Company).
Jukka Viinanen, Chairman of Metso's Board of Directors will serve as an expert member in the Nomination Board.
Metso's Nomination Board, established by the Annual General Meeting, prepares proposals on the members of the Board of Directors and their remuneration for the next Annual General Meeting, which is tentatively scheduled for March 28, 2013.