Outokumpu Oyj
Stock exchange release
February 7, 2019 at 4.50 pm EET

Outokumpu’s next plan period 2019–2021 for Restricted Share Plan (RSP)

The Board of Directors has now approved the commencement of Outokumpu’s share-based program for the period 2019–2021, Restricted Share Plan (RSP). The plan commences at the beginning of 2019, and the share rewards will be distributed in spring 2022.

Restricted Share Plan is used for a limited number of employees, i.e. key recruitments, exceptional performance, high potential, when retention need, other individual specific situations. The maximum number of gross shares (taxes included) that can be allocated is 250,000 shares for the plan period 2019–2021. Applicable taxes will be deducted from gross shares, and the remaining net value will be delivered to the participants in Outokumpu shares.

Outokumpu will use its treasury shares for the reward payments, so the total number of shares of the company will not change. More information on share-based programs and their terms is available at: www.outokumpu.com/en/investors/governance/remuneration/Share-based-incentive-programs/.

For more information:

Investors: Tommi Järvenpää, tel. +358 9 421 3466, +358 40 576 0288

Media: Reeta Kaukiainen, tel. +358 50 522 0924

Outokumpu Oyj

Outokumpu is the global leader in stainless steel. We aim to be the best value creator in stainless steel by 2020, through our competitive edge of customer orientation and efficiency. The foundation of our business is our ability to tailor stainless steel into any form and for almost any purpose. Stainless steel is sustainable, durable and designed to last forever. Our customers use it to create civilization’s basic structures and its most famous landmarks as well as products for households and various industries. Outokumpu employs 10,000 professionals in more than 30 countries, with headquarters in Helsinki, Finland and shares listed in Nasdaq Helsinki. www.outokumpu.com