Metsä Board Annual and sustainability report 2022

Shares and shareholders

Basic information on Metsä Board’s shares

Metsä Board’s shares Metsä Board’s shares are listed on the Nasdaq Helsinki. The share capital of the company on 31 December 2022 was EUR 557,881,540.40. Metsä Board has two series of shares. At the end of 2022, there were 32,802,175 A shares and 322,710,571 B shares. Each series A share entitles its holder to twenty (20) votes at a Gen- eral Meeting of Shareholders, and each series B share entitles the holder to one (1) vote. Metsä Board’s A shares can be converted to B shares if a shareholder or a representative of the nominee registered shares makes a written request for a conversion to the company. During the review period, there were no share conversions. On 27 October 2022, the Board of Directors of Metsä Board decided to launch a share buyback of company’s own shares. The acquisition of the company’s own shares started on 28 October 2022 and ended on 11 November 2022. During this period, Metsä Board acquired 1,000,000 B shares for an average price of EUR 7.8225 per share. The own shares were acquired for payment of the Board fees or to implement the company’s share-based incentive systems. On 30 December 2022, Metsäliitto Cooper- ative announced that its ownership in Metsä Board had exceeded the 50% threshold, and that its holding in Metsä Board was 50.16% of shares and 68.24% of votes. As Metsä Board is an entity controlled by Metsäliitto Cooperative, Metsäliitto Cooperative’s ownership also includes the 1,000,000 own shares held by Metsä Board.

Metsä Board’s A share

Metsä Board’s B share

Listing

Nasdaq Helsinki 2 January 1987

Nasdaq Helsinki 2 January 1987

Date of listing

Market cap segment

Large Cap

Large Cap

Ticker symbol

METSA

METSB

ISIN code

FI0009000640

FI0009000665

Reuters code

METSA.HE METSA FH 32,802,175

METSB.HE METSB FH 322,710,571

Bloomberg code

Number of shares 31 Dec 2022

Trading on the Nasdaq Helsinki in 2022 (2021)

Metsä Board’s A share

Metsä Board’s B share

Closing price on 31 December, EUR

10.15 (9.38) 7.66 (8.50) 10.50 (11.00) 9.48 (9.48) 3,357 (7,153 )

8.77 (8.61) 7.09 (7.50) 10.49 (11.01) 8.73 (9.14)

Lowest price, EUR Highest price, EUR Average price, EUR

Average daily trading volume, no. of shares

347,165 (389,117)

Total trading volume, no. of shares Market capitalisation, EUR million

849,346 (1,802,589)

87,832,699 (98,057,575)

333 (308)

2,829 (2,779)

Share price development 2022

Metsä Board A Metsä Board B Trading volume

EUR

Million shares

12.0

1.8

11.0

1.5

10.0

1.2

9.0

0.9

8.0

0.6

7.0

0.3

6.0

0.0

1

2

3

4

5

6

7

8

9

10

11

12

Source: Euroland https://www.metsagroup.com/metsaboard/investors/share-tools/share-monitor/

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Shares and shareholders | METSÄ BOARD ANNUAL AND SUSTAINABILITY REPORT 2022

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