Neste appoints Panu Kopra as Executive Vice President of Oil Retail

Neste Corporation
Stock Exchange Release
29 April 2016 at 1 pm. (EET)

Neste appoints Panu Kopra as Executive Vice President of Oil Retail

Panu Kopra (Bachelor of Business Administration BBA, MBA, 44) has been appointed as the new Executive Vice President of Neste's Oil Retail Business Area and a member of the Neste Executive Board as of May 1, 2016. He will report to President and CEO Matti Lievonen. Antti Tiitola, the current Executive Vice president of Oil Retail, will leave for another company.

Panu Kopra will transfer to his new position from the post of Neste's Vice President of Oil Retail in Finland and the Baltics. Mr. Kopra has solid experience in different tasks of the business area.

"We are happy that the new leader of Oil Retail is from Neste. Panu Kopra has gained extensive experience in the different stages of our value chain and in our operating countries. His competence will be useful when we seek to become the leading provider of fuel solutions in the Baltic Sea region. I would also like to thank Antti Tiitola for his contributions in developing the business area", says President and CEO Lievonen.

Neste's Oil Retail is a significant marketer and seller of cleaner fuels and oil products in Finland, in Northwest Russia, Estonia, Latvia, and Lithuania. Neste has a network of over 1,000 service stations in the Baltic Sea region. In addition to consumers, the company serves retailers, heating oil customers, fleet customers, industry and agriculture.

Neste Corporation
 
Kaisa Lipponen
Director, Corporate Communications

More information: President & CEO Matti Lievonen, tel. +358 10 458 11

Neste in brief

Neste is a pioneer in oil refining and renewable solutions. We provide our customers with premium-quality products for cleaner traffic and industrial products based on world-class research. We are the world's leading producer of renewable diesel, and our annual production capacity is more than 2 million tons. We also are the world's largest company providing renewable fuel from waste and residues. Our sustainable operations have received recognition in the Dow Jones Sustainability World Index and the Global 100 list of the world's most sustainable companies, among others. Our net sales for 2015 amounted to approximately EUR 11 billion, and our shares are listed on Nasdaq Helsinki. Cleaner traffic, energy and life are moved forward by about 5,000 professionals. More information: neste.com/fi