Notification regarding transaction by Valmet Oyj's

Valmet Oyj March 16, 2017 at 4:00 p.m. EET

Valmet Oyj's Executive Team members received shares under Valmet's Long-Term Incentive (LTI) plan 2016 on March 16, 2017. The shares were awarded based on set performance criteria for 2016 and on the person's position at that time.

Valmet - Managers' Transactions ____________________________________________

Person subject to the notification requirement Name: Macharey, Julia Position: Other senior manager Issuer: Valmet LEI: 213800D9O7FUQDH83V62

Notification type: INITIAL NOTIFICATION Reference number: 213800D9O7FUQDH83V62_20170315101754_3 ____________________________________________

Transaction date: 2017-03-16 Instrument type: SHARE ISIN: FI4000074984 Nature of the transaction: RECEIPT OF A SHARE-BASED INCENTIVE

Transaction Details (1): Volume: 5842 Unit price: 0.00000 EUR

Aggregated transactions (1): Volume: 5842 Volume weighted average price: 0.00000 EUR

Further information, please contact: Rasmus Oksala, General Counsel, tel. +358 10 672 0026 Calle Loikkanen, Director, Investor Relations, Valmet, tel. +358 10 672 0020

VALMET

Kari Saarinen CFO

Calle Loikkanen Director, Investor Relations

Valmet is the leading global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries. We aim to become the global champion in serving our customers.

Valmet's strong technology offering includes pulp mills, tissue, board and paper production lines, as well as power plants for bioenergy production. Our advanced services and automation solutions improve the reliability and performance of our customers' processes and enhance the effective utilization of raw materials and energy.

Valmet's net sales in 2016 were approximately EUR 2.9 billion. Our 12,000 professionals around the world work close to our customers and are committed to moving our customers' performance forward - every day. Valmet's head office is in Espoo, Finland and its shares are listed on the Nasdaq Helsinki.

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