Neles Corporation has transferred more than half of the shares it held in Neles Corporation (Neles or the Company) on 1 September 2020, and as result is no longer among the ten large shareholders of the Company. Consequently, Risto Murto, a member of the Shareholders Nomination Board of Neles, has resigned from the Shareholders Nomination Board. Pursuant to the Charter of the Shareholders Nomination Board, a member nominated by a shareholder is obliged to resign from the Shareholders Nomination Board if the shareholder concerned transfers more than half of the shares it held on 1 September 2020 which entitled it to nominate a representative and as a result is no longer among the Company's ten large shareholders.