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2016-02-23

UPM: UPM's Tapio Kolunsarka to transfer to Ramirent PLC

UPM-Kymmene Corporation Stock Exchange Release 23 February 2016 at 9:00
EET

UPM's Tapio Kolunsarka to transfer to Ramirent PLC

Tapio Kolunsarka
, Executive Vice President for UPM Raflatac and member of UPM's Group
Executive Team, will leave UPM in order to join Ramirent PLC as President and
CEO. He will leave UPM latest end of August, 2016.

"Tapio has had a crucial role in UPM Raflatac's improved performance during
almost three years. Under his leadership UPM Raflatac has taken clear steps
to become the leading player in self adhesives labels industry. We all wish
him every success in his future duties," saysJussi Pesonen
, UPM's President and CEO.

Information of UPM Executive Team members can be read onGroup's web site.

UPM-Kymmene Corporation
Pirkko Harrela
Executive Vice President, Stakeholder Relations

UPM, Media Relations

9.00-16.00 EET
tel. +358 40 588 3284
media@upm.com

www.twitter.com/UPM_News

www.facebook.com/UPMGlobal

www.linkedin.com/company/upm-kymmene

UPM

Through the renewing of the bio and forest industries, UPM is building a
sustainable future across six business areas: UPM Biorefining, UPM Energy,
UPM Raflatac, UPM Paper Asia, UPM Paper Europe and North America and UPM
Plywood. Our products are made of renewable raw materials and are recyclable.
We serve our customers worldwide. The group employs around 19,600 people and
its annual sales are approximately EUR 10 billion. UPM shares are listed on
NASDAQ OMX Helsinki. UPM - The Biofore Company -www.upm.com

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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: UPM via Globenewswire

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