Resolutions of the Annual General Meeting of Oriola-KD Corporation and the decisions of the constitutive meeting of the Board of Directors

Oriola-KD Corporation's Stock Exchange Release 14 March 2016 at 5.15 p.m.

Resolutions of the Annual General Meeting of Oriola-KD Corporation and the
decisions of the constitutive meeting of the Board of Directors

A. Oriola-KD Corporation's Annual General Meeting held on 14 March 2016 passed
the following resolutions:

1. Adoption of the financial statements and discharge from liability

The AGM adopted the financial statements and discharged the members of the Board
of Directors and the President and CEO from liability for the financial year
ending 31 December 2015.

2. Payment of dividend

The AGM resolved that a dividend of EUR 0.13 per share shall be paid on the
basis of the balance sheet adopted for the financial year ending 31 December
2015. The dividend is paid to shareholders registered in the company's
shareholders register held by Euroclear Finland Ltd on the dividend record date
16 March 2016. The payment date of the dividend is 5 April 2016.

3. The composition and fees of the members of the Board of Directors

The AGM confirmed that the Board of Directors is composed of eight members.
Current members of the Board of Directors Anja Korhonen, Kuisma Niemelä, Eva
Nilsson Bågenholm, Matti Rihko, Staffan Simberg and Anssi Vanjoki were re-
elected to the Board of Directors, and Mariette Kristenson and Lena Ridström
were elected new members of the Board of Directors. Anssi Vanjoki was re-elected
Chairman of the Board of Directors.

The AGM confirmed that the fee for the term of office of the Chairman of the
Board of Directors is EUR 48,400, the fee for the term of office of the Vice
Chairman of the Board of Directors and for the Chairman of the Board's Audit
Committee is EUR 30,250 and the fee for the term of office of other members of
the Board of Directors is EUR 24,200. Of the annual fee, 60 per cent shall be
paid in cash and 40 per cent shall be used to acquire Oriola-KD Corporation's
class B shares for the Board members on the NASDAQ Helsinki Stock Exchange
within two weeks from the release of the Interim Report 1 January - 31 March
2016 of the company. The Chairman of the Board of Directors receives an
attendance fee of EUR 1000 per meeting and the other members EUR 500 per
meeting. Attendance fees are correspondingly also paid to the chairmen and
members of Board and company committees. Travel expenses are compensated in
accordance with the travel policy of the company.

4. Election of auditor and resolution on the auditor's fees

Authorised Public Accountants PricewaterhouseCoopers Oy, who has put forward
authorised public accountant Ylva Eriksson as principal auditor, was elected as
the auditor of the company. The auditor's fees shall be paid according to
invoice approved by the company.

5. Authorisation for the Board of Directors to decide on the issuance of shares
against payment

In accordance with the proposal of the Board of Directors, the AGM authorised
the Board of Directors to decide on a share issue against payment in one or more
issues. The authorisation comprises the right to issue new shares or assign
treasury shares held by the company. The authorisation covers a maximum of
5,650,000 Class A shares and 12,500,000 Class B shares representing
approximately 10.00 per cent of all shares in the company.

The authorisation given to the Board of Directors includes the right to derogate
from the shareholders' pre-emptive subscription right, provided that there is,
in respect of the company, a weighty financial reason for the derogation.
Subject to the above restrictions, the authorisation may be used i.a. to develop
the capital structure. Pursuant to the authorisation, shares held by the company
as treasury shares may also be sold through trading on regulated market
organised by NASDAQ Helsinki Ltd. The authorisation includes the right for the
Board of Directors to decide on the terms of the share issue in the manners
provided for in the Companies Act including the right to decide whether the
subscription price is credited in part or in full to the invested unrestricted
equity reserves or to the share capital.

The authorization is in effect for a period of eighteen (18) months from the
decision of the Annual General Meeting. The authorisation revokes all previous
share issue authorisations given to the Board of Directors except for the
authorisation given to the Board of Directors by the Annual General Meeting held
on 20 March 2013, pursuant to which the Board of Directors may decide upon
directed share issues against or without payment concerning no more than
1,715,000 class B shares in order to execute the share-based incentive plan for
the Oriola-KD Group's executives and the share savings plan for the Oriola-KD
Group's key personnel.

6. Authorisation for the Board of Directors to decide on the issuance of class B
shares against payment

In accordance with the proposal of the Board of Directors, the AGM authorized
the Board of Directors to decide on a share issue against payment in one or more
issues. The authorisation comprises the right to issue new class B shares or
assign class B treasury shares held by the company. The authorisation covers a
combined maximum of 18,000,000 class B shares of the company, representing
approximately 9.92 per cent of
all shares in the company.

The authorisation given to the Board of Directors includes the right to derogate
from the shareholders' pre-emptive subscription right provided that there is, in
respect of the company, a weighty financial reason for the derogation. Subject
to the above restrictions, the authorisation may be used as payment of
consideration when financing and executing corporate acquisitions or other
business arrangements and investments. Pursuant to the authorisation, class B
shares held by the company as treasury shares may also be sold through trading
on regulated market organised by NASDAQ Helsinki Ltd. The authorisation includes
the right for the Board to decide on the terms of the share issue in the manners
provided for in the Companies Act including the right to decide whether the
subscription price is credited in part or in full to the invested unrestricted
equity reserves or to the share capital.

The authorisation is in effect for a period of eighteen (18) months from the
decision of the AGM. The authorisation revokes all previous share issue
authorisations given to the Board of Directors except for  such given earlier
during the Annual general Meeting and the authorisation given to the Board of
Directors by the Annual General Meeting held on 20 March 2013, pursuant to which
the Board of Directors may decide upon directed share issues against or without
payment concerning no more than 1,715,000 class B shares in order to execute the
share-based incentive plan for the Oriola-KD Group's executives and the share
savings plan for the Oriola-KD Group's key personnel.

7. Authorisation for the Board of Directors to decide on the repurchase of the
company's own class B shares

In accordance with the proposal of the Board of Directors, the AGM authorized
the Board of Directors to decide on repurchasing of the company's own class B
shares. The authorisation entitles the Board of Directors to decide on the
repurchase of no more than 18,000,000 representing approximately 9.92 per cent
of all shares in the company. The authorisation may only be used in such a way
that in total no more than one tenth (1/10) of all shares in the company may
from time to time be in the possession of the company and its subsidiaries.

Shares may be repurchased in accordance with the resolution of the Board of
Directors also in a proportion other than in which shares are owned by the
shareholders, using funds belonging to the company's unrestricted equity and at
the market price of class B shares quoted on regulated market organized by
NASDAQ Helsinki Ltd or otherwise established on the market at the time of the
repurchase. The Board of Directors decides how shares will be repurchased. Among
other means, derivatives may be used in acquiring the shares. The acquisition of
shares reduces the company's distributable unrestricted equity. Shares may be
repurchased to develop the company's capital structure, to execute corporate
transactions or other business arrangements, to finance investments, to be used
as a part of the company's incentive schemes or to be otherwise relinquished,
held by the company or cancelled.

According to the authorisation, the Board of Directors decides on all other
matters related to the repurchase of class B shares. The authorisation to
repurchase own shares is in force for a period of not more than eighteen (18)
months from the decision of the AGM. This authorisation revokes the
authorisation given to the Board of Directors by the AGM on 30 March 2015 in
respect of repurchase of the company's own class B shares.

8. Amendment of the Articles of Association

The AGM resolved to amend the following Articles of the company's Articles of
Association in accordance with the proposal of the Board of Directors:
-      The age limit of Board member elects be removed from § 5.
-      A possibility to deliver the notice to the Annual General Meeting by
publishing the notice on the company's website be added to § 12.

After the amendment, Article 5 of the Articles of Association reads as follows:
"The Board of Directors comprises at least five (5) and at the most eight (8)
members. The term of office of the members of the Board of Directors ends at the
end of the Annual General Meeting following the election. The Annual General
Meeting elects the Chairman of the Board of Directors and the Board of Directors
elects the Vice Chairman of the Board of Directors, both for the same term as
the other members."

After the amendment, Article 12 of the Articles of Association reads as follows:

"The notice convening the Annual General Meeting shall be published on the
company's website or in one daily newspaper of the capital region no earlier
than two months and no later than twenty-one days before the Annual General
Meeting. The notice shall be delivered, however, at least nine days before the
record date of the Annual General Meeting."

B. Decisions of the constitutive meeting of the Board of Directors

In its constitutive meeting convening after the AGM, the Board of Directors of
Oriola-KD Corporation elected Eva Nilsson Bågenholm as Vice Chairman of the
Board of Directors.

The Board appointed from among its members the following members to the Board's
Audit Committee and Remuneration Committee:

Audit Committee:
Anja Korhonen, Chairman
Kuisma Niemelä
Staffan Simberg


Remuneration Committee:
Eva Nilsson Bågenholm, Chairman
Mariette Kristenson
Lena Ridström
Matti Rihko


The members to the company's Nomination Committee are elected later in
accordance with the charter of the Nomination Committee.

The Board of Directors has assessed the independence of the members of the Board
of Directors, and determined that all members of the Board of Directors are
independent of the company and its significant shareholders.

Oriola-KD Corporation

Eero Hautaniemi
President and CEO

Petter Sandström
General Counsel

For further information, please contact:

Eero Hautaniemi
President and CEO
Tel: +358 10 429 2109
E-mail: eero.hautaniemi@oriola-kd.com


Distribution:

NASDAQ Helsinki Ltd.
Key media

Published by:

Oriola-KD Corporation
Corporate Communications
Orionintie 5
FI-02200 Espoo, Finland
www.oriola-kd.com

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