Ahlstrom-Munksjö Oyj: Change in the holdings of AC Invest Five BV and AC Invest Six BV

AHLSTROM-MUNKSJÖ OYJ, STOCK EXCHANGE RELEASE 3 April 2017 at 16:15 CEST Helsinki, Finland Ahlstrom-Munksjö Oyj: Change in the holdings of AC Invest Five BV and AC Invest Six BV Ahlstrom-Munksjö Oyj (“Ahlstrom-Munksjö”) has today received a notification in accordance with Chapter 9, Section 5 of the Finnish Securities Markets Act from Ahlström Capital Oy on behalf of AC Invest Five BV and AC Invest Six BV. According to the notification, as a consequence of the merger of Ahlstrom Corporation into Munksjö Oyj, the proportion of Ahlstrom-Munksjö shares owned by AC Invest Five BV, a fully owned indirect subsidiary of Ahlström Capital Oy, has fallen below the thresholds of 15 per cent and 10 per cent on 1 April 2017 (from 18.11% to 9.59%). Furthermore, the proportion of Ahlstrom-Munksjö shares owned by AC Invest Six BV, a fully owned indirect subsidiary of Ahlström Capital Oy, has exceeded the threshold of 5 per cent on 1 April 2017 (from 0% to 5.66%). No notification threshold has been crossed on the group level. Ahlstrom-Munksjö’s registered total number of shares and voting rights of 96,438,573 shares and voting rights has been used as the basis of calculation of percentages for the notification. The total positions of Ahlström Capital Oy and its subsidiaries subject to the notification are as follows: +----------------+-----------+-----------------------------+---------+ | |% of shares|% of shares and voting rights|Total of | | |and voting |through financial instruments|both in %| | |rights | | | +----------------+-----------+-----------------------------+---------+ |Resulting |14,708,380 |- |15.25 | |situation on the| | | | |date on | | | | |which threshold | | | | |was crossed or | | | | |reached | | | | +----------------+-----------+-----------------------------+---------+ Notified details of the resulting situation on the date on which the threshold was crossed or reached: +-------------------+---------+------------+---------+-------------------+ |Class/type of |Number of |% of shares and voting rights| |sharesISIN-code (if|shares and | | |possible) |voting | | | |rights | | +-------------------+---------+------------+---------+-------------------+ | |Direct |Indirect |Direct |Indirect | | |(SMA 9:5)|(SMA 9:6 och|(SMA 9:5)|(SMA 9:6 och 9:7) | | | |9:7) | | | +-------------------+---------+------------+---------+-------------------+ |FI4000048418 |- |14,708,380 |- |15.25 | +-------------------+---------+------------+---------+-------------------+ |SUMMA |14,708,380  |15.25 | +-------------------+---------+------------+---------+-------------------+ +---------+-----------+-----------------------------+-------------+ |Name |% of shares|% of shares and voting rights|Total of both| | |and voting |through financial instruments| | | |rights | | | +---------+-----------+-----------------------------+-------------+ |Ahlström |- |- |- | |Capital | | | | |Oy | | | | +---------+-----------+-----------------------------+-------------+ |Ahlstrom |- |- |- | |Capital | | | | |BV | | | | +---------+-----------+-----------------------------+-------------+ |AC Invest|9.59 |- |9.59 | |Five BV | | | | +---------+-----------+-----------------------------+-------------+ |AC Invest|5.66 |- |5.66 | |Six BV | | | | +---------+-----------+-----------------------------+-------------+ Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity: AC Invest Five BV is a 100% owned subsidiary of Ahlstrom Capital BV and Ahlstrom Capital BV is a 100% owned subsidiary of Ahlström Capital Oy. AC Invest Six BV is a 100% owned subsidiary of Ahlstrom Capital BV and Ahlstrom Capital BV is a 100% owned subsidiary of Ahlström Capital Oy. Ahlstrom-Munksjö Oyj For further information, please contact Juho Erkheikki, Investor and Media Relations Manager, tel. +358 50 413 45 83, juho.erkheikki@ahlstrom-munksjo.com

Ahlstrom-Munksjö in brief Ahlstrom-Munksjö is a global leader in fiber-based materials, supplying innovative and sustainable solutions to customers worldwide. Our offerings include decor paper, filter media, release liners, abrasive backings, nonwovens, electrotechnical paper, glass fiber materials, food packaging and labeling, tape, medical fiber materials and solutions for diagnostics. Combined annual net sales are about EUR 2.2 billion and we employ 6,200 people. The Ahlstrom-Munksjö share is listed on the Nasdaq Helsinki and Stockholm. The company was formed on April 1, 2017 through the merger of Ahlstrom Corporation and Munksjö Oyj. Read more at www.ahlstrom-munksjo.com.