CORRECTION: Metsä Board Corporation: Managers’ transactions (Metsäliitto Cooperative)

Metsä Board Corporation Managers’ transactions 13 December 2022 at 6 pm EET
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Reason for correction: The managers’ transaction notification published by Metsä Board Corporation earlier on 13 December 2022 at 3 pm EET contained an error. It was erroneously reported that the transaction on 9 December 2022 was made under life insurance policy. The transaction was not made under life insurance policy.

Below is the corrected information on the transaction:

Metsäliitto Cooperative, which is a closely associated party to Metsä Board’s Chair and two members of the Board of Directors, has acquired on 8 December 2022 and 9 December 2022 Metsä Board Corporation’s B shares.

Metsä Board Oyj - Managers' Transactions

____________________________________________

Person subject to the notification requirement

Name: Metsäliitto Osuuskunta

Position: Closely associated person

(X) Legal person

(1):Person Discharging Managerial Responsibilities In Issuer

Name: Ilkka Hämälä

Position: Member of the Board

Issuer: Metsä Board Oyj

LEI: 743700KKB8Q035K38488

Notification type: INITIAL NOTIFICATION

Reference number: 22085/7/10

____________________________________________

Transaction date: 2022-12-08

Venue: NASDAQ HELSINKI LTD (XHEL)

Instrument type: SHARE

ISIN: FI0009000665

Nature of the transaction: ACQUISITION

Transaction details

(1): Volume: 40000 Unit price: 8.555 EUR

Aggregated transactions

(1): Volume: 40000 Volume weighted average price: 8.555 EUR

____________________________________________

Transaction date: 2022-12-09

Venue: NASDAQ HELSINKI LTD (XHEL)

Instrument type: SHARE

ISIN: FI0009000665

Nature of the transaction: ACQUISITION

Transaction details

(1): Volume: 500000 Unit price: 8.64 EUR

Aggregated transactions

(1): Volume: 500000 Volume weighted average price: 8.64 EUR

METSÄ BOARD CORPORATION

Further information:
Katri Sundström, VP, Investor Relations, Metsä Board, tel. +358 10 462 0101
Eeva Impiö-Loimaala, Secretary to the Board, Metsä Board, tel. +358 44 040 3877


Metsä Board
www.metsagroup.com/metsaboard

Metsä Board is a leading European producer of premium fresh fibre paperboards. We focus on lightweight and high-quality folding boxboards, food service boards and white kraftliners. The pure fresh fibres we use in our products are a renewable and recyclable resource, that can be traced back to sustainably managed northern forests. We are a forerunner in sustainability, and we aim to have completely fossil free mills and raw materials by the end of 2030.

Together with our customers we develop innovative packaging solutions to create better consumer experiences with less environmental impact. In 2021 our sales totalled EUR 2.1 billion, and we have around 2,400 employees. Metsä Board, part of Metsä Group, is listed on the Nasdaq Helsinki.

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