Metsä Board Annual Review 2024

METSÄ BOARD Annual review 2024

Contents

Business operations and value creation 2 This is Metsä Board 4 CEO’s review 6

Business operations and value creation This is Metsä Board

Strategy and financial targets

2 4 6 8

8

Value creation

CEO’s review

Strategy and financial targets

Financial development 10 Key figures 12

Value creation

Financial development Key figures Report of the Board of Directors 

Report of the Board of Directors

20 20 37 70 89 96

• Sustainability statement

10 12 20 20 37 70 89 96 98

General information

E – Environment

• Sustainability statement

S – Social responsibility

General information  E – Environment 

G – Governance

Annexes to the Sustainability statement

S – Social responsibility 

G – Governance 

98 Consolidated financial statements 102 Notes to the consolidated financial statements 150 Parent company financial statements 153 Notes to the parent company financial statements 166 The Board’s proposal to the Annual General Meeting for the distribution of funds 167 Auditor’s Report 171 Sustainability statement assurance report 173 Shares and shareholders 177 Ten years in figures 178 Taxes 179 Production capacities 181 Calculation of key ratios and comparable performance measures Corporate governance 183 Corporate governance statement 190 • Board of Directors of Metsä Board 194 • Corporate Management Team of Metsä Board

Annexes to the Sustainability statement 

Consolidated financial statements

Notes to the consolidated financial statements

102 150 153 166 167 171 173 177 178 179

Parent company financial statements

Notes to the parent company financial statements The Board’s proposal to the Annual General Meeting for the distribution of funds

Auditor’s Report

Sustainability statement assurance report

Shares and shareholders

Together with our customers and partners, we continuously develop solutions to replace fossil-based packaging materials and improve packaging recyclability. Our goal is to achieve fossil-free production and products by 2030, supporting our customers in reaching their sustainability targets.

Ten years in figures 

Taxes

Production capacities

Calculation of key ratios and comparable performance measures 

181

Corporate governance Corporate governance statement • Board of Directors of Metsä Board 

183 190 194 196 201

• Corporate Management Team of Metsä Board 

Remuneration report

Investor relations and investor information

Metsä Board Sustainability Review 2024 presents Metsä Board’s key sus- tainability objectives and achievements in 2024. The review will be available in March 2025.

196 Remuneration report 201 Investor relations and investor information

Metsä Board Sustainability Review 2024

1

METSÄ BOARD ANNUAL REVIEW 2024

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