The composition of Metsä Board Corporation's Corporate Leadership Team will change as of 1 March 2026.

Metsä Board's current SVP, Production and Supply Chain, Jussi Noponen has been appointed EVP of Metsä Wood, part of Metsä Group, effective 1 March 2026. Noponen will continue in his current role until 28 February 2026.

Following his appointment, Laura Remes has been appointed SVP, Production and Supply Chain at Metsä Board. She has previously served as SVP, Business Transformation at Metsä Board.

At the same time, Anssi Tammilehto, who will start as Metsä Board's Chief Financial Officer on 26 January 2026, will as of 1 March, in addition to his CFO responsibilities, assume the transformation duties previously held by Remes.

CEO Esa Kaikkonen comments:

"I would like to warmly thank Jussi Noponen for his significant and longstanding contribution to the development of Metsä Board and wish him every success in his new role at Metsä Wood. Laura Remes brings strong experience in leading production, supply chain and transformation initiatives, which supports the continuity and further development of our operations. Anssi Tammilehto's appointment as Chief Financial Officer strengthens our leadership model at a time when the execution of our transformation programme and long-term value creation have key focus. Together, these appointments provide a solid foundation for responding to changes in our operating environment and for taking Metsä Board forward in a determined manner."

As a result of these appointments, Metsä Board's Corporate Leadership Team will consist of the following members as of 1 March 2026:

• Esa Kaikkonen, CEO
• Minna Björkman, Senior Vice President, Containerboard
• Erja Hyrsky, Senior Vice President, Commercial Operations
• Laura Remes, Senior Vice President, Production and Supply Chain
• Anssi Tammilehto, Chief Financial Officer
• Camilla Wikström, Senior Vice President, Human Resources

METSÄ BOARD CORPORATION