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Bernd Eikens appointed Executive Vice President, UPM Biorefining

Stock Exchange Release 15.2.2019 9:30 EET

UPM-Kymmene Corporation      Changes board/management/auditors       15 February 2019 at 09:30 EET

Bernd Eikens appointed Executive Vice President, UPM Biorefining

Bernd Eikens has been appointed Executive Vice President responsible for UPM Biorefining as of 1 March 2019. He will be based in Helsinki reporting to Jussi Pesonen, President and CEO.

Bernd Eikens is already a member of UPM's Executive Team, currently responsible for UPM Specialty Papers Business Area. He has been in his current role since 2016. Before that he was responsible for UPM's Communication Papers. He joined UPM in 1988.

Bernd Eikens holds a Doctor's degree from Colorado State University and Master's degrees from Technical University of Darmstadt and Georgia Institute of Technology. He serves in the Board of Johan Bunte Bauunternehmung GmbH and in the Advisory Board of Meyer Turku Shipyard. He is 53 years old and a German citizen.

"Bernd has clear strategic insights and exceptionally broad and versatile international experience. I know him as a person of high integrity and his leadership track record in UPM is impressive. UPM Biorefining is in an interesting and exiting phase. With Bernd's input I'm sure the business area will further improve and develop its businesses," says Pesonen.

Photos of Bernd Eikens are available in UPM's image gallery.

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

UPM, Media Relations
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UPM Biorefining
UPM Biorefining consists of pulp, timber and biofuels businesses. UPM has three pulp mills in Finland and one mill and plantation operation in Uruguay. UPM operates four sawmills and one biorefinery in Finland. The main customers of UPM Biorefining are tissue, specialty paper and board producers in the pulp industry, fuel distributors in the biofuel industry and construction and joinery industries in the timber sector.

UPM
We deliver renewable and responsible solutions and innovate for a future beyond fossils across six business areas: UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers and UPM Plywood. We employ around 19,000 people worldwide and our annual sales are approximately EUR 10.5 billion. Our shares are listed on Nasdaq Helsinki Ltd. UPM Biofore - Beyond fossils. www.upm.com

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