The Board of Directors of Valmet Oyj proposed to the Annual General Meeting that a dividend of EUR 1.35 per share be paid based on the balance sheet to be adopted for the financial year ended December 31, 2023 and the remaining part of profit be retained and carried further in the Company's unrestricted equity.  The dividend shall be paid in two instalments. The first instalment of EUR 0.68 per share shall be paid to shareholders who on the dividend record date March 26, 2024 are registered in the Company's shareholders' register held by Euroclear Finland Oy.

The dividend shall be paid on April 11, 2024. The second instalment of EUR 0.67 per share shall be paid in October 2024. The second instalment shall be paid to shareholders who on the dividend record date are registered in the Company's shareholders' register held by Euroclear Finland Oy.

The dividend record date and payment date shall be resolved by the Board of Directors in its meeting preliminarily scheduled for September 26, 2024. The dividend record date for the second instalment would be October 1, 2024 and the dividend payment date October 10, 2024.