Neles Corporation has today, February 23, 2022, published its Annual Report for 2021. Annual Report includes board of directors' report and financial statements. As a part of the Annual Report, Neles has also published its Corporate Governance Statement and Remuneration Report. Additionally, a sustainability review (GRI supplement) has been published.

Neles' Annual Report is published in accordance with the European Single Electronic Format (ESEF) reporting requirements. The format of the report is Extensible Hypertext Markup Language (xHTML). In line with the ESEF requirements, the primary financial statements have been labelled with XBRL tags. The audit firm Ernst & Young Oy has provided an independent auditor's reasonable assurance report on Neles' ESEF Consolidated Financial Statements in accordance with ISAE 3000.

Neles Annual Report 2021 is available in pdf format (not in printed format). ESEF report is available both in Finnish and in English. Annual Report, ESEF report, and GRI supplement are available at www.neles.com/annualreport2021.

For more information, please contact:

Communications: +358 400 188 414

Investor relations: +358 400 954141

Neles is one of the leading providers of mission-critical flow control solutions and services for process industries. With our global team of experts and innovative solutions, we help our customers to improve their process performance and ensure the safe flow of materials. Neles is listed on the Nasdaq Helsinki in Finland and had sales of EUR 611 million in 2021. Neles employs about 2,950 people in approximately 40 countries.

www.neles.com (https://www.neles.com/fi/), Twitter.com/nelesflow (http://www.twitter.com/nelesflow)