25th January, 2017 Matti Kähkönen, President and CEO Metso in short 25th January, 2017 Matti Kähkönen, President and CEO

Metso – a world leading industrial company We deliver solutions for 12,000 committed employees worldwide Net sales EUR 2.9 billion in 2015 MINING AGGREGATES PROCESS INDUSTRIES 63% of revenue from service business Leading technology and services provider for end-to-end minerals processing Leading flow control provider with offerings for oil & gas, mining and process industries Metso general presentation | May 2016 © Metso

Metso operates through three business areas Minerals Capital, Minerals Services and Flow Control Customers • Mining industry • Aggregates industry (quarries and contractors) • Scrap yards, automotive industry, waste handling companies Minerals Capital Net sales in 2015 EUR 832 million Minerals Services Net sales in 2015 EUR 1,366 million Customers • Mining industry • Aggregates industry (quarries and contractors) Customers • Oil and gas • Process industries • Chemical and petrochemical industry • Mining industry • Pulp and paper industry • Power generation industry • Other selected process industries Flow Control Net sales in 2015 EUR 723 million Metso general presentation | May 2016

Our customers use our industry-leading solutions to process raw materials In mines to process minerals In quarries for aggregates production In petrochemical plants to control the flow of materials and fluids In pulp and paper mills to control the flow of pulp and other liquid media Aggregates are materials used as filler in construction sites, cement, buildings, roads, footpaths, bridges etc. Minerals (obtained by mining are used in almost all man-made products (from kitchen utensils and phones to powders) E.g. crushing and compacting cars Pre- and fine-shredding of a wide range of waste types Safe and reliable flow of materials at petrochemical plants Reliable flow of stock, chemicals and process waste at pulp & paper mills In demolition and recycling of asphalt and construction materials In scrap yards and recycling facilities to process metal scrap and waste Metso general presentation | May 2016

The Metso Way not to be translated We are a global yet tight-knit network of experts committed to making the big difference Our values: Driving customer success Seeking innovations Performing together Respecting each other 83 nationalities Average age 41.5 years Average length of service 9.3 years Metso combines challenging work tasks with a respectful and friendly working environment in a unique way. We work with world leading solutions that serve our customers in the mining and aggregates industries and in the flow control business. Metso people are proud of our industry leading solutions as well as our way of working - we are dedicated to being forerunners in safety and sustainability. Metso is a global yet tight-knit network of 13,000 colleagues in 50 countries. These three themes form a unique set of characteristics that differentiates Metso from the competitors as an employer. These themes reflect our values, mission and vision, strategy, customer promise and leadership principles. This employer brand message is based on profound research inside and outside Metso and reflects strongly how our current employees see us as a place to work. These our strengths form the core of our promise to our current and future employees and describe what makes Metso a unique place to work. These themes form the core of our employer brand and guide all internal and external communications regarding Metso as an employer. Our employer brand is part of Metso brand and thus reflects our brand story, the Metso Way. Employer brand themes reflect our people, knowledge and solutions, the core elements of our brand story, from employee’s perspective. The employer brand message is targeted to our current and future employees describing Metso as a place to work. Metso general presentation | May 2016 The Metso Way not to be translated

Extensive global presence close to our customers 51 Countries with Metso operations 192 Locations 6,400 Service experts Net sales by market area >80 Service centers Europe 23% North America 22% South and Central America 20% Asia-Pacific 16% China 7% Africa and Middle East 12% Operating countries Developed markets Emerging markets Metso general presentation | May 2016 *All data based on Annual Report 2015

ZERO injuries Safety first The only acceptable long-term Our customers set high criteria for us in the area of health, safety and environment The only acceptable long-term safety target is We are committed to taking responsibility for our own safety and for the safety of others ZERO injuries We believe that all incidents can be prevented Metso general presentation | May 2016

Sustainability is at the heart of all our operations Focus areas and select targets Building customer success Responsible supply chain Performing together Contributing to the environment 100% of new suppliers on high-risk areas screened on sustainability issues Environmental efficiency & safety innovation targets set for every new R&D project as of 2016 Safety target: LTIF *<1 *Lost Time Injury Frequency Energy consumption & CO2 emissions down by 20% by 2020 LTIF  Lost time incident factor Metso general presentation | May 2016

Innovations with the best industry practices About 20 Metso R&D units globally working in tight cooperation with Research institutes Universities Customers Other partners New innovative products New process solutions New services solutions Metso Awards - Embracing innovation by awarding new ideas, insights and practices that have proved to have a positive effect on the way we work and on our business environment. The program is open to all Metso employees. Metso general presentation | May 2016

Examples of our latest innovations and service offering development Megaliner™ Revolutionary mill lining solution for reduced downtime and increased safety Life Cycle Services for aggregates industry Comprehensive LCS programs to improve production, total cost of owner-ship and reliability of operations In-the-pit Solutions Innovative mobile and semi-mobile solutions for reduced operating costs, improved safety and better productivity Neles NDX® Unique valve controller with accurate, safe and reliable performance for virtually all valves Metso general presentation | May 2016

Building on 150 years of engineering passion and pioneering innovations 2014 1999 2013 1868 Key milestones 1868 Sunds Bruk in Sweden established, marking the beginning of our story 1999 Metso established through the merger of Rauma and Valmet Demerger of Metso and Valmet Metso continues as a focused industrial company Our story started with ironworks Over the years, We have manufactured locomotives, sports cars, paper machines, power plants, and more. Today, it’s all about knowledge, people and solutions -making the big difference in end-to-end minerals processing and flow control. Metso general presentation | May 2016

Our strategy Systems Products Services Minerals Flow Control Leading flow control provider with offerings for oil & gas, mining and process industries Leading technology and services provider for end-to-end minerals processing Minerals Flow Control Metso general presentation | May 2016

Customers value us – our market position is strong in our key customer industries #1 Mining crushers and grinding mills #1 Aggregates crushing and screening #1 Metal recycling equipment #1 Services for minerals processing #1 Pulp and paper valves #5 Oil and gas control valves + Global leader in slurry pumps Metso general presentation | May 2016 © Metso

Products and systems for the mining industry Grinding mills Pyro processing Bulk material handling Process equipment Mining crushers Mining systems Metso general presentation | May 2016

Services for the mining industry Production essentials to ensure availability and quality of operations Expert services to optimize performance of operations Wear solutions Spare parts Field service and repairs Engineered spares, refurbishments and upgrades Life cycle services Metso general presentation | May 2016

Product and systems for aggregates customers Crushers Portable plants Screens and feeders Mid-market products Lokotracks Aggregates systems Metso general presentation | May 2016

Services for the aggregates industry Production essentials to ensure availability and quality of operations Expert services to optimize performance of operations Wear solutions Spare parts Field service and repairs Engineered spares, refurbishments and upgrades Life cycle services Metso general presentation | May 2016

Product and systems for recycling customers Metal shredders Metal balers & briquetters FineShredder double shaft PreShredder stationary and mobile units Metal shears Metso general presentation | May 2016

Services for metal recycling Parts Services: Maximizing value with the right parts at the right time (Wear parts, spare parts, packages, replacements) Performance Services: Improving performance of installed equipment as a true partner (Engineered solutions, upgrades, service agreements) Field Services: Dependable and skilled service team always close to customers (Inspection and maintenance, repairs, troubleshooting, training, plant relocation) Metso general presentation | May 2016

Solutions for waste recycling Biomass Plant Mechanical Biological treatment (MBT) Hazardous waste Recycling Plant Refused Derived Fuel (RDF) Wood waste Waste to energy plant Metso general presentation | May 2016

Examples of our control valve products Standard and severe service control valves Emergency shut-down valves Extensive ball and butterfly valves offering Automated on-off valves Intelligent valve controllers Metso general presentation | May 2016

Examples of our slurry applications Industry standard products with unrivalled heritage Hard metal and rubber-lined horizontal slurry pumps Hard metal and rubber-lined vertical sump, tank and froth pumps Slurry valves Rubber-lined pipe, slurry hose and fittings Tailored life cycle solution service packages Metso general presentation | May 2016

Service solutions for Flow Control Intelligent shutdown Planning and executing shutdowns together with customer using intelligent solutions to ensure on- time top-quality service. Intelligent maintenance Using intelligence to decide how to take care of installed base and related services. Device management Optimizing installed base and stock to improve plant performance, capital cost (stock) and life cycle. Safety improvements Creating a safer and more secure working and production environment. Metso general presentation | May 2016

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