Investor relations and investor information

The task of Metsä Board’s Investor Relations is to ensure that the market receives accurate and sufficient information in order to determine the value of Metsä Board’s shares. The Investor Relations function engages in active dialogue with representatives of the capital markets and is responsible for the planning and implementation of the company’s financial and investor communication.

The activities of Investor Relations also include collecting feedback from investors and market information for Metsä Board’s management and Board of Directors.

Meetings with investors and analysts are primarily attended to by the Vice President for Investor Relations, the CFO and the CEO. All requests from investors are handled in a centralised manner by Investor Relations. During the silent period, the company will not provide comments on the company’s financial situation or outlook, or the market environment.

Investors website

More information on Metsä Board as an investment as well as the company’s strategy, operating environment, financials and governance can be found on the company’s website at www.metsaboard.com/investors.

Investor relations in 2021

The COVID-pandemic had a strong impact on Metsä Board’s investor relations activities in 2021. All investor and analyst meetings were held virtually, avoiding contacts. The company also participated in virtual investor conferences organised by brokerage firms.

The 2021 AGM was held with extraordinary meeting procedures. It was only possible to attend the meeting by voting in advance and asking questions and possible counter proposals in advance.

In connection with the publication of interim reports, Metsä Board organises a conference call in which the CEO and CFO present the interim report and the audience can ask questions. Presentation materials and recordings of the conference call are available on the company’s Investors website.

Metsä Board’s investor communication makes use of social media through Twitter and LinkedIn accounts.

Analyst coverage

At least the following brokerage firms conducted analyses of Metsä Board in 2021: ABGSC, Carnegie, Danske Equities, DnB, Inderes, Kepler Cheuvreux, Nordea Markets, OP, SEB and UBS. The contact details of the analysts and some of the consensus forecasts are available on the company’s Investors website. Metsä Board is not responsible for the content, accuracy or scope of the analysts’ views.

Annual general meeting in 2022

The registration period and advance voting period commence on 2 March 2022 at 12 noon. EET, after the deadline for delivering counterproposals to be put to a vote has expired. A shareholder, who is registered in the Company’s shareholders’ register and who wishes to participate in the general meeting by voting in advance, must register for the general meeting by giving a prior notice of participation and by delivering his/her votes no later than on 18 March 2022 at 4 p.m. EET, by which time the notice and votes must be received. When registering, requested information such as the name, personal identification number or company identification number, address and telephone number of the shareholder, as well as requested information on a possible proxy representative (name, personal identification number), must be notified. The personal data submitted to Euroclear Finland Ltd. will be used only in connection with the general meeting and with the processing of related registrations.

Shareholders with a Finnish book-entry account can register and vote in advance on certain matters on the agenda during the period 2 March 2022 at 12 noon–18 March 2022 at 4 p.m. EET in the following manners: a) electronically via the Company’s website at www.metsaboard.com/AGM2022.

The shareholder’s book-entry account number is required for the electronic advance voting. Terms and instructions for electronic advance voting are available on the website; or b) by mail or e-mail by sending the voting instructions form available on the Company’s website to Innovatics Oy, Yhtiökokous / Metsä Board Oyj, Ratamestarinkatu 13 A, 00520 Helsinki or by e-mail to agm@innovatics.fi.

Financial reporting in 2022

Silent period

Financial report

1 January–9 February 2022 Financial Statements Bulletin 2021 1 April–27 April 2022 Interim Report for January–March 2022

Publication date

10 February 2022 28 April 2022 28 July 2022 27 October 2022

Profit distribution

The Board of Directors proposes to the Annual General Meeting to be held on 24 March 2022, a dividend of 0.41 euros per share be distributed for the financial year 2021.

The distribution will be paid to shareholders who on the record date for the distribution, 28 March 2022, are recorded in the shareholders’ register held by Euroclear Finland Ltd. The Board of Directors propose that the distribution is to be paid on 7 April 2022.

Contact details for investor relations

Katri Sundström Vice President, Investor Relations Tel. +358 10 462 0101 katri.sundstrom@metsagroup.com

General questions and comments related to investor relations can be emailed to: metsaboard.investors@metsagroup.com.

Metsä Board has a global sales network. To locate contact details of Metsä Board sales offices, please visit company website www.metsaboard.com/contacts.

Business ID 0635366–7

METSÄ BOARD CORPORATION P.O. Box 20 FI-02020 METSÄ, Finland Visiting address: Revontulenpuisto 2 A 02100 Espoo, Finland

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METSÄ BOARD CORPORATION

P.O. Box 20 FI-02021 Metsä, Finland Visiting address: Revontulenpuisto 2 A 02100 Espoo, Finland Tel. +358 10 4611 www.metsaboard.com