Management shareholding

On January 31, 2010, members of the Outokumpu Board of Directors and the Group Executive Committee held a total of 93 264 Outokumpu shares, corresponding to 0.051% of shares and voting rights.

If all the 2003B and 2003C options are exercised and if the remaining earning period in the 2006–2010 share-based incentive programme and the 2009–2011 and 2010–2012 earning periods in the 2009–2013 share-based inventive programme yield the maximum number of shares, shareholdings and aggregate voting rights held by the memberd of the Group Executive Committee will increase by 0.047 percentage points on the basis of stock options, and by 0.11 percentage points on the basis of the share-based incentive programme.

Details of management shareholdings can be found at Board of Directors and Group Executive Committee.

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