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UPM-Kymmene Corporation      Managers' Transactions         30 April 2019 at 14:30 EET

UPM-Kymmene Corporation: Managers' Transactions (Wahlroos)

On 4 April 2019, the Annual General Meeting of UPM-Kymmene Corporation resolved that the annual base fee of the company's Board of Directors is paid in the company shares and cash so that approximately 40% is payable in the company shares to be purchased on the Board members' behalf, and the rest in cash. In accordance with this resolution, a total of 2,911 shares has been purchased to Björn Wahlroos as follows:

Person subject to the notification requirement
Name: Wahlroos Björn
Position: Chairman of the Board
Issuer: UPM-Kymmene Corporation
LEI: 213800EC6PW5VU4J9U64

Notification type: INITIAL NOTIFICATION
____________________________________________

Transaction date: 2019-04-29
Venue: NASDAQ HELSINKI LTD (XHEL)
Instrument type: SHARE
ISIN: FI0009005987
Nature of the transaction: RECEIPT OF A SHARE-BASED INCENTIVE OR REMUNERATION

Transaction details
(1): Volume: 2,911 Unit price: 0.00 EUR

Aggregated transactions
(1): Volume: 2,911 Volume weighted average price: 0.00 EUR

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

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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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