STORA ENSO OYJ STOCK EXCHANGE RELEASE 13 August 2010 at 06.00 GMT Stora Enso has appointed Lars Häggström (42) as new Head of Group Human Resources and member of the Group Executive Team. He is currently Head of Group HR at Nordea Bank AB. Prior to his appointment at Nordea in 2008, Lars Häggström worked in number of managerial HR positions in Gambro AB, AstraZeneca and Telia. From 1995 to 2002 he worked for one of the world's leading medical companies, Eli Lilly & Co., in several HR positions including Director of Human Resources in Latin America. Lars Häggström has a B.Sc. in HR Development and Labour Relations from the University of Linköping and has specialised in Personnel Management and Educational Planning at the University of Uppsala. “I am very happy to see Lars Häggström joining our team and taking over the Group HR function. His international background, strategic orientation and hands-on experience in leading change processes is a perfect fit for Stora Enso in its current phase,” says CEO Jouko Karvinen. “Stora Enso provides an exciting global challenge and its strong drive for change has become very evident to me already. I am very much looking forward to sharing the Group's passion for people, planet and profit,” says Lars Häggström. Lars Häggström will join Stora Enso on 1 October 2010 and report to CEO Jouko Karvinen. For further information, please contact: Jouko Karvinen, CEO, +358 2046 21410 Lars Häggström, +46 76 823 62 45 Lauri Peltola, Head of Group Communications, +358 2046 21380 www.storaenso.com www.storaenso.com/investors Stora Enso is a global paper, packaging and wood products company producing newsprint and book paper, magazine paper, fine paper, consumer board, industrial packaging and wood products. The Group is the world leader in forest industry sustainability. We offer our customers solutions based on renewable raw materials. Our products provide a climate-friendly alternative to many non-renewable materials, and have a smaller carbon footprint. Stora Enso is listed in the Dow Jones Sustainability Index and the FTSE4Good Index. Stora Enso employs some 27 000 people worldwide, and our sales in 2009 amounted to EUR 8.9 billion. Stora Enso shares are listed on NASDAQ OMX Helsinki (STEAV, STERV) and Stockholm (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY) in the International OTCQX over-the-counter market. STORA ENSO OYJ Jari Suvanto Ulla Paajanen-Sainio
Lars Häggström appointed as new Head of Group HR and member of Stora Enso Group Executive Team
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