Recommendation by the Nomination Committee of Oriola-KD Corporation concerning the Board of Directors to be elected by the 2017 Annual General Meeting

Oriola-KD Corporation Stock Exchange Release 31 January 2017 at 10 a.m.

Recommendation by the Nomination Committee of Oriola-KD Corporation concerning
the Board of Directors to be elected by the 2017 Annual General Meeting

The Nomination Committee of Oriola-KD has presented to the Board of Directors
its recommendation on the proposal to the 2017 Annual General Meeting concerning
the composition of the Board of Directors as follows:

  * The number of members of the Board of Directors would be seven
  * The present members of the Board of Directors Anja Korhonen, Mariette
    Kristenson, Kuisma Niemelä, Eva Nilsson Bågenholm, Lena Ridström, Staffan
    Simberg and Anssi Vanjoki would be re-elected
  * Anssi Vanjoki would be re-elected as Chairman of the Board of Directors

The Nomination Committee has assessed all candidates to the Board of Directors
to be independent of the company and its major shareholders.

Current member of the Board of Directors Matti Rihko has informed the Nomination
Committee that he is not available for re-election to the Board of Directors
after the 2017 Annual General Meeting.

The Nomination Committee also announces as its recommendation that the following
remunerations would be paid to the members of the Board of Directors:

  * Chairman of the Board: fee for term of office of 48,400 euros
  * Vice chairman of the Board: fee for term of office of 30,250 euros
  * Chairman of the Audit Committee: fee for term of office of 30,250 euros
  * Other members of the Board: fee for term of office of 24,200 euros
  * Attendance fees would be paid as follows: for Board of Directors meetings
    1000 euros per meeting to the Chairman and 500 euros per meeting to members
    and for committee meetings 1000 euros per meeting for the committee chairman
    and 500 euros per meeting to members
  * Of the fees for term of office, 40 per cent would be paid in Oriola-KD
    Corporation's class B-shares and 60 per cent would be paid in cash
  * Travel expenses would be reimbursed in accordance with the travel policy of
    the company

The Nomination Committee appointed by the Board of Directors of Oriola-KD on 23
September 2016 consists of:

Pekka Pajamo (Chairman), Senior Vice-President, Finance, Varma Mutual Pension
Insurance Company

Peter Immonen, Chairman of the Board of Directors WIP Asset Management Oy,
member of the Board of Directors Mariatorp Oy and Wipunen varainhallinta Oy

Timo Leino, Senior Advisor, Triton

Mikko Mursula, Chief Investment Officer, Ilmarinen Mutual Pension Insurance
Company

Into Ylppö, M.Sc. (Econ.)



Oriola-KD Corporation
Board of Directors


For additional information, please contact:

Petter Sandström
General Counsel, secretary to the Board of Directors
tel. +358 10 429 5761
e-mail: petter.sandstrom@oriola.com


Distribution
NASDAQ OMX Helsinki Ltd
Key media

Released by:
Oriola-KD Corporation
Corporate Communications
Orionintie 5
FI-02200 Espoo
www.oriola-kd.com

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