Metso Corporation's stock exchange release on November 2, 2010 at 1:30 p.m.
Metso's Annual General Meeting decided on March 30, 2010 to establish a
Nomination Board to prepare proposals for the next Annual General Meeting on the
composition of the Board of Directors along with the director remuneration.
The representatives of the four biggest shareholders are elected to the
Nomination Board. The Nomination Board additionally comprises as an expert
member Jukka Viinanen, the Chairman of the Board of Directors. The right to
nominate members to represent shareholders in the Nomination Board belongs to
the four shareholders who hold the most votes in Metso on November 1, 2010. The
Chairman of the Board will convene the Nomination Board, and the Nomination
Board will elect a chairman from among its members.
According to the shareholder register, Metso Corporation's four largest
shareholders on November 1, 2010 were: Solidium Oy (15,695,287 shares and votes
or 10.44% of share capital and votes), Cevian Capital II Master Fund L.P.
(7,440,060 shares and votes or 4.95% of share capital and votes), Varma Mutual
Pension Insurance Company (4,113,552 shares and votes or 2.74% of share capital
and votes) and Ilmarinen Mutual Pension Insurance Company (3,921,943 shares and
votes or 2.61% of share capital and votes).
Metso Corporation's next Annual General Meeting is planned to be held on March
Metso is a global supplier of sustainable technology and services for mining,
construction, power generation, automation, recycling and the pulp and paper
industries. We have about 27,000 employees in more than 50 countries.
Further information for the press, please contact:
Aleksanteri Lebedeff, Senior Vice President, General Counsel, Metso Corporation,
tel. +358 20 484 3240
Further information for investors, please contact:
Johanna Henttonen, Vice President, Investor Relations, Metso Corporation, tel.
+358 20 484 3253
Vice President, Investor Relations
NASDAQ OMX Helsinki Ltd