UPM-Kymmene Corporation

Managers’ Transactions (FitzGerald)

UPM-Kymmene Corporation                Managers’ Transactions                        7 June 2023 at 10:30 EEST

UPM-Kymmene Corporation: Managers’ Transactions (FitzGerald)

UPM-Kymmene Corporation has on 6 June 2023 received the following notification which relates to the donating of the Manager’s below mentioned financial instruments to her closely associated person (David Wheeler):

____________________________________________
Person subject to the notification requirement
Name: David Wheeler
Position: Closely associated person
(1): Person Discharging Managerial Responsibilities in Issuer
Name: Emma FitzGerald
Position: Member of the Board
Issuer: UPM-Kymmene Corporation
LEI: 213800EC6PW5VU4J9U64
Notification type: INITIAL NOTIFICATION
____________________________________________
Transaction date: 2023-06-06
Outside a trading venue
Instrument type: SHARE
ISIN: FI0009005987
Nature of transaction: GIFT, DONATION OR INHERITANCE (RECEIVED)

Transaction details
(1): Volume: 3,213 Unit price: 0 N/A

Aggregated transactions (1):
Volume: 3,213 Volume weighted average price: 0 N/A
____________________________________________

UPM-Kymmene Corporation
Pirkko Harrela
Executive Vice President, Stakeholder Relations

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UPM
We deliver renewable and responsible solutions and innovate for a future beyond fossils across six business areas: UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers and UPM Plywood. As the industry leader in responsibility, we are committed to the UN Business Ambition for 1.5°C and the science-based targets to mitigate climate change. We employ 17,200 people worldwide and our annual sales are approximately EUR 11.7 billion. Our shares are listed on Nasdaq Helsinki Ltd. UPM Biofore – Beyond fossils. www.upm.com

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