Stora Enso Shareholders Nomination Board Composition Announced

Stora Enso's Shareholders' Nomination Board has been established with Kari Jordan as Chair, Håkan Buskhe as Vice Chair, Jouko Karvinen and Marcus Wallenberg as members. The board will annually prepare proposals for the company's Annual General Meeting concerning the election and remuneration of board members and chair appointments. The nomination board has Marcus Wallenberg as its Chair.

Stora Enso Oyj, a leading provider of renewable products in packaging, biomaterials, and wooden construction, has established its Shareholders' Nomination Board. The board, which will exist until otherwise decided, is responsible for annually preparing proposals for the company's Annual General Meeting. These proposals will concern the election and remuneration of members of the Stora Enso Board of Directors and Board committees, as well as the appointments of the Chair and the Vice Chair of the Board of Directors.

The Shareholders' Nomination Board consists of four members: Kari Jordan (Chair of Stora Enso's Board of Directors), Håkan Buskhe (Vice Chair of Stora Enso's Board of Directors), Jouko Karvinen (Chair of the Board of Directors of Solidium Oy), and Marcus Wallenberg (Chair of the Board of Directors of FAM AB). Marcus Wallenberg has been elected as the Chair of the Shareholders' Nomination Board [1].

Stora Enso's two largest shareholders on 31 August 2025 were Solidium Oy and FAM AB. The company has approximately 19,000 employees and generated sales of EUR 9 billion in 2024. Stora Enso shares are listed on Nasdaq Helsinki Oy (STEAV, STERV) and Nasdaq Stockholm AB (STE A, STE R), and are also traded in the USA on OTC Markets (OTCQX) as ADRs and ordinary shares (SEOAY, SEOFF, SEOJF) [1].

For further information, investors can contact Carl Norell, SVP Corporate Communications, at tel. +46 72 241 0349, or Jutta Mikkola, SVP Investor Relations, at tel. +358 50 544 6061.

References:

[1] https://www.marketscreener.com/news/stora-enso-s-shareholders-nomination-board-composition-ce7d59d9db89f727