Invitation to UPM's Capital Markets Day webcast on September 9, 2020

UPM has chosen three focus areas for growth. Our competitive pulp mill investment in Uruguay represents a significant step to our pulp business and UPM's future earnings. Specialty packaging materials offer attractive growth opportunities, further enhanced by product innovation. Biofuels and biochemicals represent large growth markets by decarbonising traffic and providing consumers with more sustainable products. Our transformative biorefinery investment in Germany creates a completely new business in biochemicals.

Sustainability is the only solid foundation for long-term value creation. We have committed to UN's Business Ambition for 1.5°C pledge and will contribute to climate change mitigation through climate-positive forestry and land use, significant reduction in carbon dioxide emissions and sustainable products that replace fossil-based materials.

UPM has a very strong balance sheet and an agile and efficient operating model. We will continue improving our competitiveness and implementing our growth strategy, which will drive future earnings and value.

Participants of the Capital Markets Day are kindly asked to register for the event through this link. A live webcast of the presentations will be available via UPM's website www.upm.com. Participants will have the opportunity to ask questions about UPM's long-term value creation from the company's top management. Recordings of the presentations will be posted on the website after the event.

For further information please contact:
Mika Mikkola, Vice President, Investor Relations, UPM, tel. +358 (0) 204 15 0376

UPM, Investor Relations
Mon-Fri from 9:00 to 16:00 EET
tel. +358 (0)20 415 0033
[email protected]

UPM, Media Relations
Mon-Fri 9:00-16:00 EET
tel. +358 40 588 3284
[email protected]

UPM
We deliver renewable and responsible solutions and innovate for a future beyond fossils across six business areas: UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers and UPM Plywood. As the industry leader in responsibility we are committed to the UN Business Ambition for 1.5°C and the science-based targets to mitigate climate change. We employ 18,700 people worldwide and our annual sales are approximately EUR 10.2 billion. Our shares are listed on Nasdaq Helsinki Ltd. UPM Biofore – Beyond fossils. www.upm.com

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