Vacon : annual report, financial statements and corporate governance statement for 2014 published

Vacon Plc, Stock Exchange Release, 18 March 2015 at 9.30 a.m. (EET)

Vacon's annual report for 2014 has been published as an attachment to this stock exchange release and as PDF files on the Company's website in English at www.vacon.com and in Finnish at www.vacon.fi. The annual report includes the annual review, the financial statements for the accounting period 1 January to 31 December 2014 and the corporate responsibility report.

In addition, Vacon has published its Corporate Governance Statement for 2014. The statement is published as an attachment to this stock exchange release and on the Company's website at www.vacon.com/investors. Also, Vacon's Remuneration Statement 2014 has been published today on the company's website at www.vacon.com/investors.

VACON PLC

Further information:

• Sebastian Linko, Director, Corporate Communications and Investor Relations, +358 (0)40 8371 634, sebastian.linko(at)vacon.com

Vacon in brief

Vacon is driven by a passion to develop, manufacture and sell the best AC drives and inverters in the world - and provide customers with efficient product lifecycle services. Our AC drives offer optimum process control and energy efficiency for electric motors. Vacon inverters play a key role when energy is produced from renewable sources. Vacon has production and R&D facilities in Europe, Asia and North America, and sales offices in 31 countries. Further, Vacon has sales representatives and service partners in nearly 90 countries. In 2014, Vacon's revenues amounted to EUR 409.4 million, and the company employed globally approximately 1,600 people. The shares of Vacon Plc (VAC1V) are quoted on the main list of the Helsinki stock exchange (NASDAQ OMX Helsinki). Vacon is part of Danfoss Group.

Driven by Drives, www.vacon.com

Distribution:

NASDAQ OMX Helsinki
Financial Supervisory Authority
Main media

ATTACHMENTS: