Etteplan press release, September 12, 2023 at 10.15 a.m. EEST

Stora Enso's Sunila mill Technology and Investment department will be transferred to Etteplan
Etteplan and Stora Enso have made an agreement on Stora Enso's Sunila pulp mill Technology and Investments department transfer to Etteplan. The agreement covers the transfer of 10 Stora Enso project managers and engineers to Etteplan as of September 18, 2023. The transfer is related to Stora Enso's decision to close the production of pulp at Sunila Mill in Kotka, Finland by the end of 2023.

"The agreement strengthens Etteplan's position and capabilities especially in maintenance engineering. I wish the Technology and Investments team warmly welcome to Etteplan", says Riku Riikonen, SVP for Engineering Solutions at Etteplan.

"The agreement with Stora Enso demonstrates that our outsourcing solutions are effective and offer viable opportunities to companies in times of change", Riikonen concludes.

More information:
Riku Riikonen, SVP, Engineering Solutions, Etteplan, tel. + 358 50 522 8255
Petri Sauriala, VP, Engineering Solutions, Etteplan, tel. + 358 40 555 8949
Outi Torniainen, SVP, Marketing and Communications, Etteplan, tel. +358 10 307 3302

Stora Enso
Part of the global bioeconomy, Stora Enso is a leading provider of renewable products in packaging, biomaterials and wooden construction, and one of the largest private forest owners in the world. We believe that everything that is made from fossil-based materials today can be made from a tree tomorrow. Stora Enso has approximately 21,000 employees and our sales in 2022 were EUR 11.7 billion. Stora Enso shares are listed on Nasdaq Helsinki Oy (STEAV, STERV) and Nasdaq Stockholm AB (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY).storaenso.com/investors (https://www.storaenso.com/en/investors)