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2015-03-24

Orion Corporation: Decisions by the AGM on 24 March 2015

5 3.30 p.m. EET

Orion Corporation: Decisions by the AGM on 24 March 2015

At the Annual General Meeting of Orion Corporation held today, the following
decisions were made:

* A dividend of EUR 1.30 per share was confirmed to be paid for 2014. The
record date for the dividend payment is 26 March 2015 and the payment date
is 2 April 2015.
* The proposals concerning the election and remuneration of the Board of
Directors and the auditor and the number of the members of the Board of
Directors were approved.
* Sirpa Jalkanen, Eero Karvonen, Timo Maasilta, Mikael Silvennoinen, Hannu
Syrjänen, Heikki Westerlund and Jukka Ylppö were re-elected to the Board of
Directors. Hannu Syrjänen was re-elected as Chairman.

The Annual General Meeting of Orion Corporation was held today in Helsinki.
The following matters were handled at the meeting:

Adoption of the Financial Statements for 1 January - 31 December 2014

The AGM confirmed the Financial Statements of the parent company and the Group
as per 31 December 2014.

Dividend EUR 1.30 per share

The proposed dividend of EUR 1.30 per share was approved. The record date for
the dividend payment is 26 March 2015 and the payment date is 2 April 2015.

Discharge from liability

The members of the Board of Directors and the President and CEO were
discharged from liability for the financial period of 1 January - 31 December
2014.

Remunerations to be paid to the Board of Directors

As an annual fee for the term of office of the Board of Directors, the
Chairman shall receive
EUR 76,000, the Vice Chairman shall receive EUR 51,000 and the other members
shall receive EUR 38,000 each. As a fee for each meeting attended, the
Chairman shall receive EUR 1,200, the Vice Chairman shall receive EUR 900 and
the other members shall receive EUR 600 each. The travel expenses of all
Board members shall be paid in accordance with previously adopted practice.
The afore-mentioned fees for each committee meeting attended shall also be
paid to the Chairmen and to the members of the committees established by the
Board.

Of the annual fee, 60% shall be paid in cash and 40% in Orion Corporation
B-shares, which shall be acquired to the members during 30 March - 2 April
2015 from the stock exchange in amounts corresponding to EUR 30,400 for the
Chairman, EUR 20,400 for the Vice Chairman and EUR 15,200 for each of the
other members. The part of the annual fee that is to be paid in cash
corresponds to the approximate sum necessary for the payment of the income
taxes on the fees and shall be paid no later than 30 April 2015. The annual
fees encompass the full term of office of the Board of Directors.

Composition of the Board of Directors
Hannu Syrjänen re-elected as Chairman

The number of members in the Board of Directors was confirmed to be seven.
Sirpa Jalkanen, Eero Karvonen, Timo Maasilta, Mikael Silvennoinen, Hannu
Syrjänen, Heikki Westerlund and Jukka Ylppö were re-elected to the Board of
Directors for the next term of office. Hannu Syrjänen was re-elected as
Chairman.

Auditor and their remuneration

PricewaterhouseCoopers Oy, authorised public accountants, were re-elected as
the Company's auditor. The remunerations to the Auditor shall be paid on the
basis of invoicing approved by the Company.

The minutes of the AGM will be provided in Finnish only, and they will become
available on Orion's website,http://www.orion.fi/agm2015, no later than 7
April 2015.

Orion Corporation

Timo Lappalainen Olli Huotari
President and CEO Senior Vice President, Corporate
Functions

Contact person:

Olli Huotari, Senior Vice President, Corporate Functions, phone +358 50 966
3054

Publisher:

Orion Corporation
Communications
Orionintie 1A, FI-02101 Espoo, Finland
Homepage:www.orion.fi

Orion is a globally operating Finnish company developing pharmaceuticals and
diagnostic tests - a builder of well-being. Orion develops, manufactures and
markets human and veterinary pharmaceuticals, active pharmaceutical
ingredients and diagnostic tests. The company is continuously developing new
drugs and treatment methods. The core therapy areas of Orion's pharmaceutical
R&D are central nervous system (CNS) disorders, oncology and respiratory for
which Orion developes inhaled Easyhaler® pulmonary drugs.

Orion's net sales in 2014 amounted to EUR 1,015 million and the company had
about 3,500 employees. Orion's A and B shares are listed on NASDAQ Helsinki.

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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: Orion Oyj via Globenewswire

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