UPM-Kymmene CorporationAnnual Financial ReportMarch 4, 2026 at 9:15 EET
UPM Annual Report 2025, Corporate Governance Statement and Remuneration Report
published
UPM's Annual Report 2025 has been published in English and Finnish at
upm.com (https://www.upm.com/) and upm.fi (https://www.upm.com/fi/). The Annual
Report includes the company's Financial Statements and the Report of the Board
of Directors and the Sustainability Statement as well as the Corporate
Governance Statement and the Remuneration Report.
The Financial Statements and Report of the Board of Directors for the year 2025
have been published in xHTML format, in accordance with European Single
Electronic Format (ESEF) reporting requirements. In line with ESEF requirements,
the primary statements and notes of the consolidated financial statements have
been labeled with XBRL tags. Ernst & Young Oy, the audit firm, has provided an
independent auditor's report on the ESEF financial statements based on a
reasonable assurance engagement in accordance with the International Standard on
Assurance Engagements (ISAE) 3000.
As part of the Report of the Board of Directors, UPM has published its statutory
Sustainability Statement based on the EU Corporate Sustainability Reporting
Directive (CSRD). Ernst & Young Oy has assured the report at a limited assurance
level. UPM reports on sustainability in accordance with the Global Reporting
Initiative (GRI) standards and provides an IFRS S1 and S2 alignment index with
the Sustainability Statement.
UPM has published its Corporate Governance Statement and Remuneration Report for
the financial year 2025. The Remuneration Report for governing bodies details
the remuneration of the directors and the President and CEO. The 2025
Remuneration Report will be presented at the Annual General Meeting on April 9,
2026. Both the Corporate Governance Statement and the Remuneration Report are
available on the corporate website at
upm.com/governance (https://www.upm.com/investors/governance/) in the Investors
section under Governance.
In 2025, UPM continued its strategic transformation with major portfolio
decisions. These portfolio initiatives would change the company's profile and
increase its focus on growth. The Annual Report provides comprehensive
information on how UPM seeks profitable and sustainable growth by improving
competitiveness and through world-class businesses. UPM's strong and balanced
business portfolio in renewable fibres, advanced materials and decarbonization
solutions will provide several attractive growth opportunities.
The Annual Report, the Corporate Governance Statement and the Remuneration
Report can be downloaded as PDF files in English and Finnish. The Financial
Statements and the Report of the Board of Directors, including the
Sustainability Statement can be downloaded as an xHTML file. All of these
documents are available at
upm.com/annualreport (https://www.upm.com/investors/reports-and
-presentations/annualreport/) and
upm.com/vuosikertomus (https://www.upm.com/fi/sijoittajat/raportit-ja
-esitykset/vuosikertomus/) and they are also attached to this release.
Attachments
Annual report 2025
Financial Statements and Report of the Board of Directors for the year 2025 in
xHTML format
Corporate Governance Statement 2025
The Remuneration Report 2025
UPM, Media relations
Mon-Fri 9:00-16:00 EET
tel. +358 40 588 3284
media@upm.com
UPM
UPM is a material solutions company, renewing products and entire value chains
with an extensive portfolio of renewable fibres, advanced materials,
decarbonization solutions, and communication papers. Our performance in
sustainability has been recognized by third parties, including EcoVadis and the
Dow Jones Sustainability Indices. We operate globally and employ approximately
15,100 people worldwide, with annual sales of approximately €9.7 billion. Our
shares are listed on Nasdaq Helsinki Ltd.
UPM - we renew the everyday
Read more: upm.com (http://www.upm.com)
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