Stock exchange release January 14, 2022 03:30 PM EET

Neles Corporation: Changes in the composition of the Shareholders’ Nomination Board

Neles Corporation, Stock exchange release on January 14, 2022 at 3.30 p.m. EET

Alfa Laval AB (publ.) has informed Neles Corporation (“Neles” or the “Company”) that it has sold the shares it held in Neles. Consequently, Emma Adlerton, a member of the Shareholders’ Nomination Board, has today resigned from the Shareholders’ Nomination Board.

Pursuant to the Charter of the Shareholders’ Nomination Board, a member nominated by a shareholder is obliged to resign from the Shareholders’ Nomination Board if the shareholder transfers more than half of the shares it held on 1st of September which entitled it to nominate a representative, and as a result is no longer among the Company’s ten largest shareholders.

Members of the Shareholders’ Nomination Board after Adlerton’s resignation are:

  • Pasi Laine, President and CEO, Valmet Oyj
  • Philip Ahlgren, Partner, Cevian Capital AB
  • Mikko Mursula, Deputy CEO, Investments, Ilmarinen Mutual Pension Insurance Company
  • Jaakko Eskola, Chair of Neles’ Board of Directors

Mikko Mursula chairs the Shareholders’ Nomination Board.

Further information about Shareholders’ Nomination Board can be found at https://www.neles.com/investors/governance/nomination-board/.

NELES CORPORATION

For further information, please contact:  

Mikko Mursula, Chair of the Shareholders’ Nomination Board, Tel: +358503803016, Email: mikko.mursula(at)ilmarinen.fi

Investor inquiries:

Rita Uotila, Vice President, Investor Relations, Neles Corporation, Tel: + 358 400 954141, Email: rita.uotila(at)neles.com 

DISTRIBUTION:
Nasdaq Helsinki
Main media

www.neles.com

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 576 million in 2020. Neles employs about 2,950 people in approximately 40 countries.

www.neles.com, Twitter.com/nelesflow