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2016-03-30

Neste Oyj: Decisions taken by Neste's Annual General Meeting

Neste Corporation

Stock Exchange Release
30 March 2016 at 5.15 pm. (EET)

Decisions taken by Neste's Annual General Meeting

Neste Corporation's Annual General Meeting (AGM) was held today at the
Helsinki Fair Centre and adopted the company's Financial Statements and
Consolidated Financial Statements for 2015 and discharged the Board of
Directors and the President&CEO from liability for 2015.

Dividend of EUR 1.00 per share

The AGM also approved the Board of Directors' proposal regarding the
distribution of the company's profit for 2015, authorizing payment of a
dividend of EUR 1.00 per share. This will be paid to all shareholders
included in the register of shareholders maintained by the Euroclear Finland
on the record date set for payment of the dividend, which shall be 1 April
2016. Payment will be made on 8 April 2016.

Composition of the Board of Directors

In accordance with the proposal made by the Shareholders' Nomination Board,
the AGM confirmed the membership of the Board of Directors at seven members,
and the following were re-elected to serve until the end of the next AGM: Mr
Jorma Eloranta, Ms Maija-Liisa Friman, Ms Laura Raitio, Mr Jean-Baptiste
Renard, Mr Willem Schoeber, Ms Kirsi Sormunen and Mr Marco Wirén. Mr Eloranta
was re-elected as Chair and Ms Friman as Vice Chair. Board member
introductions can be found at company's web site.

The AGM decided to keep the remuneration to the Board unchanged as follows:

· Chair EUR 66,000 a year
· Vice Chair EUR 49,200 a year
· members EUR 35,400 a year.

In addition to the annual fee, members of the Board of Directors will receive
a meeting fee of EUR 600 for each Board and Committee meeting held in the
member's home country and EUR 1,200 for each Board and Committee meeting held
in another country, plus compensation for expenses pertaining to the
company's travel guidelines. The meeting fee for telephone meetings will be
paid according to the fee payable for meetings held in each member's home
country.

Company Auditor

In accordance with a proposal by the Board of Directors,
PricewaterhouseCoopers Oy, were appointed as the company's Auditor, with
Authorized Public Accountant Mr Markku Katajisto as the principally
responsible auditor for Neste Corporation, until the end of the next AGM.
Payment for their services shall be made in accordance with their invoice
approved by the Company.

Authorization the Board of Directors to decide on donations

In accordance with a proposal by the Board of Directors, the Annual General
Meeting authorized the Board to decide on donations in the aggregate maximum
amount of EUR 1,500,000 to be given to universities and higher education
institutions. The donations can be made in one or more installments. The
Board may decide on the donation beneficiaries and the amount of each
donation. The authorization shall be in force until the closing of the next
Annual General Meeting.

Availability of the minutes for review

The minutes of the Annual General Meeting shall be available for review in two
weeks from the Annual General Meeting at the company's headquarters.

Neste Corporation

Kaisa Lipponen
Director, Corporate Communications

For further information, please contact Mr Matti Hautakangas, General Counsel,
tel. +358 (0)50 458 5350

Neste in brief

Neste is a pioneer in oil refining and renewable solutions. We provide our
customers with premium-quality products for cleaner traffic and industrial
products based on world-class research. We are the world's leading producer
of renewable diesel, and our annual production capacity is more than 2
million tons. We also are the world's largest company providing renewable
fuel from waste and residues. Our sustainable operations have received
recognition in the Dow Jones Sustainability World Index and the Global 100
list of the world's most sustainable companies, among others. Our net sales
for 2015 amounted to approximately EUR 11 billion, and our shares are listed
on NASDAQ Helsinki. Cleaner traffic, energy and life are moved forward by
about 5,000 professionals. More information:neste.com/en

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Neste Oyj via Globenewswire

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