Recommendation by the Nomination Committee concerning Board of Directors to be elected by the 2019 AGM of Orion Corporation

ORION CORPORATION      STOCK EXCHANGE RELEASE     9 JANUARY 2019 at 12.40 EET

Recommendation by the Nomination Committee concerning Board of Directors to be elected by the 2019 AGM of Orion Corporation

The Nomination Committee of Orion Corporation has on 9 January 2019 given its recommendation to the Board of Directors of the company for the proposal to the Annual General Meeting of 2019 concerning the composition of the Board of Directors to be elected. The Committee recommends that the following proposal be presented to the AGM of 2019:

The number of Board members would be seven.

Of the present Board members, Ari Lehtoranta, Timo Maasilta, Hilpi Rautelin, Eija Ronkainen, Mikael Silvennoinen and Heikki Westerlund would be re-elected and M.Sc. (Econ.) Pia Kalsta would be elected as a new member for the next term of office.

Heikki Westerlund would be re-elected as Chairman.

Of the present members, Sirpa Jalkanen has served as a member of the Board of Directors for 10 consecutive years. Therefore she is no longer proposed for re-election.

Essential personal data of Pia Kalsta:

Born: 1970

Education and profession: M.Sc. (Econ.), Chief Executive Officer, Sanoma Media Finland Oy

Essential work experience:

• Sanoma Media Finland Oy, Chief Executive Officer 2015-
• Nelonen Media, President 2014-2015
• Nelonen Media/Sanoma Entertainment Oy, President, acting 2013
• Nelonen Media/Sanoma Entertainment Oy, Senior Vice President, Head of Consumer Business, Marketing & Business Development 2012-2013
• Nelonen Media/Sanoma Entertainment Oy, Senior Vice President, Marketing and Sales 2009-2012
• Nelonen Media, President, acting 2010
• Nelonen Media/Sanoma Entertainment Oy, Vice President, Sales 2006-2009
• Nelonen Media/Sanoma Entertainment Oy, Marketing Manager 2001-2005
• SCA Hygiene Products, several leadership and other positions in marketing and sales 1996-2001

Current key positions of trust:

• Finnmedia, Vice-Chair of the Board of Directors 2015-
• Finnish Business and Policy Forum EVA, member 2017-
• Finnish Fair Corporation, member of the Supervisory Board 2017-
• Ilmarinen Mutual Pension Insurance Company, member of the Supervisory Board 2018-
• WWF Finland, member of the Supervisory Board 2018-

The Nomination Committee also announces as its recommendation that the following remunerations, which are the same as in the previous year, be paid to the Board of Directors: