Okmetic's shareholders' proposal to the annual general meeting on 7 April 2016 regarding the election of the members of the board of directors

OKMETIC OYJ        STOCK EXCHANGE RELEASE    3 MARCH 2016           AT 1.30 P.M.

OKMETIC'S SHAREHOLDERS' PROPOSAL TO THE ANNUAL GENERAL MEETING ON 7 APRIL 2016 REGARDING THE ELECTION OF THE MEMBERS OF THE BOARD OF DIRECTORS

Shareholders, who represent more than 15 percent of all shares and votes in the company, propose that Mr. Jan Lång, Mr. Hannu Martola, Ms. Riitta Mynttinen, Mr. Mikko Puolakka and Mr. Henri Österlund shall be re-elected as board members and Mr. Wolfgang Fey be elected as a new board member for the term ending at the end of the next annual general meeting. All proposed candidates have given their consent to election. All information relevant to the work of the board of directors related to the candidates nominated to be re-elected is presented on the company website, www.okmetic.com/investors/corporate-governance/board-of-directors.

Wolfgang Fey (born 1961) is a German citizen with a master's degree in engineering. He has worked as Director, Segment Surround View at ADC GmbH since 2013. Before that he worked for five years time as Director R&D Driver Assistance Systems at the same company. His earlier work history includes various R&D positions at Continental Teves, Continental Temic and ITT Automotive. The Curriculum Vitae of Wolfgang Fey is attached to this release.

As the shareholders' whole proposal for the composition of the board of directors was not available for the company upon the publication date of the notice of the annual general meeting on 18 February 2016, the notice did not include a proposal for the composition of the board of directors in accordance with Recommendation 1 of the Finnish Corporate Governance Code (2015).

OKMETIC OYJ

Board of directors

For further information, please contact:

Senior Vice President, Finance, IT and Communications Juha Jaatinen
tel. +358 9 5028 0286, email: juha.jaatinen@okmetic.com

Okmetic supplies tailored, high value-added silicon wafers to be used in the manufacture of sensors as well as discrete semiconductors and analog circuits. Okmetic's strategic objective is profitable growth driven by a product portfolio designed to meet customers' current and future technology needs. The core of the company's operations is being genuinely close to the customers and understanding their needs and processes.

Okmetic's global sales network, extensive portfolio of high value-added products, in-depth knowledge of crystal growing, long-term product development projects, as well as efficient and flexible production create prerequisites for achieving the strategic targets. The company's headquarters is located in Finland, where the majority of the company's silicon wafers is manufactured. In addition to in-house manufacture, Okmetic has contract manufacturing in Japan and China. Okmetic's shares are listed on Nasdaq Helsinki Ltd under the code OKM1V. For more information on the company, please visit our website at www.okmetic.com.

Attachment 1: Curriculum Vitae of Wolfgang Fey