Metsä Board Annual Review 2024

METSÄ BOARD Annual review 2024

Employees by gender

Employees by country

Collective bargaining coverage and social dialogue

2024

2023

2024

2023

Collective bargaining coverage

Social dialogue

Coverage rate

Employees – EEA

Employees – non-EEA

Workplace representation (EEA only)

Men

1,856

1,827

Finland

1,344

1,280

Women

553

516

Sweden

775

780

0–19%

Poland

The United States

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

Employees total

2,409

2,343

Poland

127

110

20–39% 40–59% 60–79%

United States

76

74

Other countries

87

99

Finland

80–100%

Sweden

Finland, Sweden

Countries with more than 50 employees.

Strategy and financial targets

Countries with more than 50 employees.

8

Value creation

Employees by contract type and country Finland

Social protection

Family-related leave

Sweden Total 2024 2023 2024 2023 2024 2023 2024 2023 2024 2023 2024 2023 Poland United States Other countries

Financial development 10 Key figures 12

Countries with no social security for the listed life events

2024

2023

Number of employees

1,344 1,280

775

780

127

110

76

74

87

99 2,409 2,343

Employees entitled to take family-related leave

2,409

2,343

Sickness Unemployment starting from when the company’s own worker is working for the company

Report of the Board of Directors

Number of permanent employees

1,192 1,186

756

714

111

105

76

74

86

98 2,221

2,177

Number of employees that took family-related leave

201

203

India, Singapore

20 20 37 70 89 96

• Sustainability statement

Number of temporary employees

118

94

19

65

16

5

0

0

1

1

154

165

Number of women that took family-related leave

46

44

Number of employees with a zero-hours contract

General information

34

0

0

1

0

0

0

0

0

0

34

1

Employment injury and acquired disability

India, Singapore

Number of men that took family-related leave

155

159

Parental leave Retirement

E – Environment

Number of full-time employees

1,268 1,244

729

743

126

109

75

73

85

93 2,283 2,262

Employees entitled to take family-related leave, %

100

100

India

S – Social responsibility

Number of part-time employees

76

36

46

37

1

1

1

1

2

6

126

81

Employees that took family-related leave, %

8.3

8.7

Women that took family-related leave, %

8.3

8.5

G – Governance

Countries with more than 50 employees

Men that took family-related leave, %

8.4

8.7

Annexes to the Sustainability statement

Employees by contract type and gender

Training and skills development

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

Health and safety

Women

Men

Total

2024

2023

2024

2023

2024

2023

2024

2023

Employees who participated in regular performance and career development reviews, %

2024

2023

94

92

Number of employees

553

516

1,856

1,827

2,409

2,343

OWN EMPLOYEES Occupational accidents

Women

88

89

Number of permanent employees

480

465

1,741

1,712

2,221

2,177

13

23

Men

96

93

Number of temporary employees

65

51

89

114

154

165

TRIF

3.4

6.1

Blue-collars

94

92

Number of employees with a zero-hours contract

8

0

26

1

34

1

Lost time occupational accidents

11

15

White-collars

94

92

Number of full-time employees

518

488

1,765

1,774

2,283

2,262

Lost time accident frequency, LTA1F

2.9

4.0

Management

97

95

Number of part-time employees

35

28

91

53

126

81

Fatal occupational accidents

0

1

The average number of training hours per employee

20

18

Occupational diseases

0

0

Women

23

15

Fatal occupational diseases

0

0

Men

19

18

Days lost to work-related injuries and fatalities from work-related accidents, work-related ill health and fatalities from ill health

Employee turnover and recruitment

Non-employee workers in the company’s own workforce 2024 2023 Non-employee workers in own workforce 3 12

Blue-collars

18

17

265

257

White-collars

24

19

2024

2023

Management

34

24

Employee turnover total

106

120

SERVICE PROVIDERS Occupational accidents

Employee turnover total, %

4.8

5.5

4

4

Women

5.3

6.6

Fatal occupational accidents

0

0

Men

4.7

5.2

Gender distribution in management

Aged under 30

3.4

5.5

2024

2023

Aged 30–50

2.8

5.2

Share of men and women in management

23/7

22/6

Aged over 50

7.1

5.9

Total remuneration

Share of men and women in management, %

77/23

79/21

Number of new hires, total

62

130

2024

2023

Women

18

55

The annual total remuneration ratio of the highest paid individual to the median annual total remuner- ation for all employees (excluding the highest-paid individual)

Men

44

75

Age distribution of employees

25

39

Aged under 30

20

40

2024

2023

Aged 30–50

33

75

Aged under 30

330

269

Aged over 50

9

15

Aged 30–50

1,095

1,088

Total remuneration ratio of women and men

Aged over 50

984

986

Finland

Sweden

Poland

United States

%

2024

2023

2024

2023

2024

2023

2024

2023

Blue-collars

94

95

100

97

-

-

-

-

196 Remuneration report 201 Investor relations and investor information

White-collars

96

98

97

93

97

98

97

-

Countries with more than 50 employees.

76

77

Report of the Board of Directors | METSÄ BOARD ANNUAL REVIEW 2024

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