#Finland #Helsinki #Stora Enso #Solidium Oy #Matts Rosenberg

Stora Enso's Shareholders' Nomination Board Update

On December 18, 2025, Stora Enso Oyj announced a significant change in its Shareholders' Nomination Board with the appointment of Matts Rosenberg, the Chief Executive Officer of Solidium Oy. This appointment ushers in a new era for the board, which is crucial for guiding the company’s governance and strategic direction.

Previously, Jouko Karvinen represented Solidium on the board. The Shareholders' Nomination Board is an integral part of Stora Enso's governance framework, composed of key stakeholders, including the Chair and Vice Chair of the Board of Directors, along with two members appointed by the largest shareholders. This diverse representation ensures that significant shareholder interests are effectively voiced in the boardroom.

The current composition of the Nomination Board includes:

• - Marcus Wallenberg (Chair of FAM AB's Board of Directors)
• - Matts Rosenberg (CEO of Solidium Oy)
• - Kari Jordan (Chair of Stora Enso's Board of Directors)
• - Håkan Buskhe (Vice Chair of Stora Enso's Board of Directors)

Stora Enso is at the forefront of the renewable materials industry, believing that everything produced from fossil-based materials today can originate from trees tomorrow. The company's commitment to sustainability resonates deeply, as it prides itself on being a leading provider of renewable products in packaging, biomaterials, and wooden construction, alongside being one of the largest private forest owners globally.

As of 2024, Stora Enso had approximately 19,000 employees and reported sales totaling EUR 9 billion. Their shares are publicly traded on multiple stock exchanges including Nasdaq Helsinki and Nasdaq Stockholm, as well as in the USA on OTC Markets.

Matts Rosenberg's appointment is expected to enhance the board's capabilities and provide valuable insights given his extensive experience in corporate governance and strategic leadership. This transition highlights Stora Enso's ongoing dedication to aligning its governance structures with its strategic objectives, particularly its focus on sustainability and innovation.

Stora Enso's initiatives are noteworthy in an era where environmental considerations take precedence in business strategies. The forest-centric approach of the company reflects a broader shift in the market, aiming to foster a circular economy and reduce dependency on fossil fuels. The board's reconfiguration also signals the organization’s commitment to evolving in response to the dynamic demands of the global market.

For more detailed information about the company’s operations and governance structure, investors and interested parties can visit Stora Enso's investor relations page or consult further press releases and company updates.

In conclusion, the adjustment in Stora Enso's Shareholders' Nomination Board not only reflects changing shareholder dynamics but also reiterates the company’s pledge to sustainable development. The corporation continues to adapt as it navigates the complexities of the modern business environment, aiming to lead the industry in responsible and profitable practices.