Outotec Oyj and Metso Corporation have received all regulatory approvals for the combination of Outotec and Metso Minerals – completion expected to take place on June 30, 2020

OUTOTEC OYJ   STOCK EXCHANGE RELEASE JUNE 18, 2020 AT 3:30 PM EEST

Outotec Oyj and Metso Corporation have received all regulatory approvals for the combination of Outotec and Metso Minerals – completion expected to take place on June 30, 2020

Outotec Oyj (“Outotec”) and Metso Corporation (“Metso”) have now received the remaining outstanding competition clearances for the combination of Metso’s Minerals business with Outotec through a partial demerger of Metso (the “Combination”).

Having received all the required regulatory and other approvals, including competition clearances, the regulatory condition for the completion of the Combination has now been fully satisfied. In line with previous announcements, the completion of the Combination is expected to take place on June 30, 2020.

The name of the combined company will change to Metso Outotec Corporation. Outotec will separately make a disclosure on the completion of the Combination.

For further information please contact:

OUTOTEC

Nina Kiviranta, General Counsel, SVP Legal and Contract Management, Corporate Responsibility
tel. +358 20 529 2017

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