Outokumpu's head of business area APAC Austin Lu leaves the company

OUTOKUMPU OYJ
STOCK EXCHANGE RELEASE
February 12, 2015 at 9.05 am EET

Austin Lu, Outokumpu's head of business area APAC and Outokumpu Leadership Team member has taken a new challenge outside the company, thereby leaving his position as of March 31, 2015. Following his departure, the interim head of the business area will be Jan Hofmann, who is currently the head of strategy and finance for APAC.

Says Outokumpu CEO Mika Seitovirta: "Austin has played a pivotal role in establishing the APAC business area and developing our presence in the region. I want to thank him for his contribution and wish him all the best in his future endeavors."

For more information:

Investors: Johanna Henttonen, tel. +358 9 421 3804, mobile +358 40 530 0778

Media: Saara Tahvanainen, tel. +358 40 589 0223

Outokumpu Group

Outokumpu i s a global leader in stainless steel. We create advanced materials that are efficient, long lasting and recyclable - thus building a world that lasts forever. Stainless steel, invented a century ago, is an ideal material to create lasting solutions in demanding applications from cutlery to bridges, energy and medical equipment: it is 100% recyclable, corrosion-resistant, maintenance-free, durable and hygienic. Outokumpu employs more than 12 000 professionals in more than 30 countries, with headquarters in Espoo, Finland and shares listed in Nasdaq Helsinki.www.outokumpu.com



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