Regulatory framework

Outokumpu Oyj, the Group's parent company, is a public limited liability company incorporated and domiciled in Finland.

In its corporate governance and management, Outokumpu Oyj complies with Finnish legislation, the company's Articles of Association and the Corporate Governance Policy resolved and approved by the company's Board of Directors. Outokumpu follows the Finnish Corporate Governance Code (available to the public at www.cgfinland.fi), effective as of 1 October 2010, issued by the Securities Market Association and adopted by the NASDAQ OMX Helsinki stock exchange. Outokumpu complies with all regulations and recommendations issued by NASDAQ OMX Helsinki.

The Corporate Governance Statement is presented as a separate report.