The new types of additional share were introduced on 1 January 2022. The first profit distribution decision under the new model will take place in the spring of 2022. The first decision on the interest on members’ capital for Metsä1 additional shares will be made in the spring of 2023.
Since October 2021, owner-members have been able to submit notices on how many of their A additional shares they would like to convert into Metsä1 additional shares. You do not need to convert all of your A additional shares at the same time if you do not want to. If an owner-member wishes to keep their A additional shares, no action is required from them.
In future, all interest on participation shares and additional shares will be paid to the owner-member’s bank account unless the owner-member states again where they would like the interest on members’ capital to be directed. From the start of 2022, interest on members’ capital will either be paid to a bank account, or they can be reinvested in Metsä1 additional shares.