The Merger is expected to be completed in the beginning of the second quarter of 2017 subject to, among other things, merger control approvals from relevant competition authorities.

Munksjö has published a stock exchange release regarding the decisions taken by its Extraordinary General Meeting held in Helsinki today. In accordance with the proposals of Munksjö's Board of Directors, the Extraordinary General Meeting: (i) resolved to approve the Merger, including the approval of the merger plan and the amended Articles of Association of Munksjö, (ii) authorised Munksjö's Board of Directors to resolve on the payment of funds from Munksjö's reserve for invested unrestricted equity in the total amount of maximum EUR 0.45 per each outstanding share in Munksjö prior to the completion of the Merger, and (iii) resolved on the number, remuneration and election of the members of the Board of Directors of Munksjö. The changes to the Articles of Association, the number of members of the Board of Directors, the composition of the Board of Directors and the remuneration of the Board of Directors will become effective upon the registration of the execution of the Merger. The release is available at www.munksjo.com.

Ahlstrom provides innovative fiber-based materials with a function in everyday life. We are committed to growing and creating stakeholder value by proving the best performing sustainable fiber-based materials. Our products are used in everyday applications such as filters, medical fabrics, life science and diagnostics, wallcoverings, tapes, and food and beverage packaging. In 2015, Ahlstrom's net sales amounted to EUR 1.1 billion. Our 3,300 employees serve customers in 22 countries. Ahlstrom's share is quoted on the Nasdaq Helsinki. More information is available at www.ahlstrom.com.