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Oriola-KD Corporation's shareholders demand for including combining of the share classes and directed issue of shares without payment in the agenda of the Annual General Meeting

January 28, 2014

Oriola-KD Corporation Stock Exchange Release 29 January 2014 at 8:30 a.m. Oriola-KD Corporation's shareholders demand for including combining of the share classes and directed issue of shares without payment in the agenda of the Annual General Meeting The Board of Directors of Oriola-KD Corporation ("Oriola-KD" or the "Company") has on 28 January 2014 from a group of shareholders holding more than 10 per cent of the shares in Oriola-KD and more than 15 per cent of the total votes, received a demand in accordance with Chapter 5 Section 5 of the Companies Act to have the combining of the share classes and directed issue of shares without payment dealt with by and included in the agenda of the Annual General Meeting scheduled to be convened on 24 March 2014 . The following proposals will be included in the notice to convene and agenda of the Annual General Meeting: "The shareholders of Oriola-KD Corporation Varma Mutual Pension Insurance Company , Ilmarinen Mutual Pension Insurance Company and Mariatorp Oy , holding together more than ten per cent of Oriola-KD shares, propose the Articles of Association of the Company to be amended in a way that Oriola-KD's class A and class B shares are combined to one single share class and the provisions concerning different share classes are removed from the Articles of Association. After the combination all Oriola-KD shares would carry one vote each and have equal rights. The same shareholders propose also that in connection with the amendment of the Articles of Association, the Annual General Meeting would decide on a directed share issue without payment to holders of class A shares in such a way that for each fourteen (14) class A shares held one (1) new share in Oriola KD's single share class after the amendment of the Articles of Association would be given. New shares that in the directed issue would be given as fractions of shares would be sold on behalf of those entitled to such shares. The purpose of the share issue would be to compensate holders of class A shares for the loss of voting rights as a result of the combining of the two share classes. According to the shareholders behind the proposal, combining the two share classes could improve the liquidity of the Oriola-KD shares and increase their market value. In addition the arrangement could clarify the Company's ownership and vote structure as well as its transparency thereby increasing the interest in Oriola-KD as an investment object. The combining of the share classes could also improve the Company's possibilities to raise equity financing through share issues and participate in different kinds of sector restructurings. The share issue would thus be in the interest of the Company and all of its shareholders and would have a particularly weighty financial reason provided by the Finnish Companies Act." The Board of Directors of Oriola-KD will include the proposals of the shareholders in the agenda of the Annual General Meeting. The notice to convene the Annual General Meeting on 24 March 2014 will in its entirety be published on 25 February 2014 . Oriola-KD Corporation Board of Directors For additional information, please contact: Jukka Alho Chairman of the Board of Directors tel. +358 40 7367433 Petter SandstrÖm General Counsel , secretary to the Board of Directors tel. +358 10 429 5761 e-mail: petter.sandstrom@oriola-kd.com Distribution NASDAQ OMX Helsinki Ltd Key media Released by: Oriola-KD Corporation Corporate Communications Orionintie 5 FI-02200 Espoo www.oriola-kd.com This announcement is distributed by GlobeNewswire on behalf of GlobeNewswire clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Oriola-KD Oyj via GlobeNewswire [HUG#1757696]


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