Decisions by Neles Corporation’s Board of Directors

The Board of Directors of Neles Corporation held its organizing meeting after the Annual General Meeting on March 26, 2021.

In the organizing meeting the Board of Directors elected the members of the Audit Committee and the Remuneration Committee from among its members.

Anu Hämäläinen was appointed as the Chair of the Audit Committee and Perttu Louhiluoto and Jukka Tiitinen as members of the Audit Committee.

Jaakko Eskola was appointed as the Chair of the Remuneration Committee and Niko Pakalen, Teija Sarajärvi and Mark Vernon as members of the Remuneration Committee.

Vantaa, March 26, 2021

NELES CORPORATION

For more information, please contact:

Rita Uotila, Vice President, Investor Relations, Tel. +358 400 954141

Neles is one of the leading providers of mission-critical flow control solutions and services for process industries. With our global team of experts and innovative solutions, we help our customers to improve their process performance and ensure the safe flow of materials. Neles is listed on the Nasdaq Helsinki in Finland and had sales of about EUR 576 million in 2020. Neles employs about 2,850 people in approximately 40 countries.

www.neles.com, Twitter.com/nelesflow