Pöyry Corporate Governance Corporate Governance Statement 2014 Corporate Governance Statement 2014

Pöyry corporate governance Corporate Governance Statement 2014 Corporate Governance Statement 2014

This Corporate Governance Statement has Governance Code is publicly available on the General Meetings of Shareholders been prepared pursuant to the Finnish website of the Securities Market Association Corporate Governance Code 2010 and the www.cgfi nland.fi . The shareholders of Pöyry exercise their guideline of the Securities Market Association decision-making power at the Company’s dated 1 December 2010. The Corporate The Company prepares consolidated fi nancial General Meeting of Shareholders. The rights of Governance Statement is issued separately statements and interim reports in accordance the shareholders and the duties of the General from the report of the Board of Directors of with the International Financial Reporting Meeting are defi ned in the Companies Act and Pöyry PLC for the fi nancial period Standards (IFRS), as adopted by the EU, and in the Articles of the Company. 1 January – 31 December 2014. The report of the applicable laws, regulations and rules. the Board of Directors is available at The Annual General Meeting (“AGM”) is held www.poyry.com. GENERAL DESCRIPTION every year before the end of June, usually in Of PÖYRY’S CORPORATE March. The matters to be dealt with in the Corporate governance at Pöyry is based on GOvERNANCE SYSTEM AGM are defi ned in the Companies Act and the laws of Finland, the Articles of in the Articles of the Company. The AGM Association (“Articles”) of the parent company The responsibility for the control and 2014 was held on 11 March 2014 in Helsinki, Pöyry PLC (“Company” or “Pöyry”), the management of the Company is divided Finland. Finnish Corporate Governance Code, and the between the shareholders represented at the rules and regulations of the Finnish Financial General Meeting of Shareholders, the Board of An Extraordinary General Meeting (“EGM”) may Supervisory Authority and NASDAQ OMX Directors (“Board”) with its two Committees, be convened by the Board when they consider it Helsinki Ltd, where the Company is listed. and the President and CEO assisted by the necessary or when required by law. Furthermore, Group Executive Committee. the Auditor or shareholder(s) together holding a The Company complies with the Finnish minimum of one tenth of all shares of the Corporate Governance Code. The Corporate Company have the right to request in writing that an EGM shall be convened to discuss a specifi c matter. No EGMs were held in 2014.

Governance structure

General Meeting of Shareholders External Audit

Board of Directors Internal Audit Nomination and Compensation Audit Committee Committee

President and CEO

GEC

2 Pöyry Corporate Governance 2014 Contents

02 GENERAL DESCRIPTION OF PÖYRY’S 05 INTERNAL CONTROL AND RISK CORPORATE GOVERNANCE SYSTEM MANAGEMENT SYSTEMS IN 02 General Meetings of Shareholders RELATION TO THE FINANCIAL 03 Board of Directors REPORTING PROCESS 04 Board’s Committees 06 Control environment 05 President and CEO 06 Risk assessment 06 Control activities 07 Information and communication 07 Monitoring 07 Internal Audit

Board of Directors The Board has adopted for itself a Charter. when acting as a member of the According to the Charter, apart from the Composition of the Board Board. All other Board members are statutory duties the main tasks of Board are: The Board consists of a minimum of four (4) independent of the company and and a maximum of ten (10) members. In its its significant shareholders. • Approval of the strategic goals and Charter, the Board has established a general direction guideline that the Board comprise at least Henrik Ehrnrooth acts as the five (5) members of whom the majority shall Chairman of the Board and Heikki • Approval of strategically important or be independent. The AGM decides on the Lehtonen as Vice Chairman. major acquisitions and divestments number of members and elects the members for a term of one (1) year lasting For detailed information about the • Business control including, among until the close of the following AGM. The Board members and their share others, approvals of control policies, Board appoints from among its members a ownership see pages 8–9. and business matters in accordance Chairman and a Vice Chairman. with the Company’s Authorities and Approval Policy

The AGM on 11 March 2014 resolved Operations of the Board • Approval of the business organisation that the Board consists of seven (7) The duties of the Board are those specified in structure ordinary members. The AGM elected the Companies Act, according to which the the following members to the Board: Board is responsible for overseeing that the • Appointment of the President and CEO management and operations, and the • Mr Pekka Ala-Pietilä supervision of accounting and financial • Approval of the appointments of the matters of the Company are appropriately Group Executive Committee and other • Mr Georg Ehrnrooth organised. The Articles of the Company do not top management define other duties for the Board. The Board • Mr Henrik Ehrnrooth has authority to act in all matters not reserved • Financial control including, among by law or the Articles to another governing others, approval of interim reports • Mr Alexis Fries body. and annual accounts and group level budgets • Mr Heikki Lehtonen The Board meets as often as necessary to properly fulfil its duties. The Board decides • Approval of principles of risk • Mr Michael Obermayer and well in advance on its annual meeting management and internal control schedule and additional meetings are arranged • Ms Karen de Segundo. when necessary. The Board evaluates its • Appointment of the Chief Audit performance and working methods annually. Executive and approval of the Internal Henrik Ehrnrooth is not Audit Charter independent of the company and its significant shareholders. In 2014, the Board of Directors • Appointments to the Board Committees Georg Ehrnrooth is not independent convened ten (10) times. The and review of the reports of the Board of the company’s significant average participation of members in Committees. shareholders. Alexis Fries is the the meetings was ninety-six (96) per President and CEO of the Company. cent. Through this position Alexis Fries is not independent of the Company

3 Pöyry Corporate Governance 2014

Board’s Committees • monitoring the efficiency of the Company’s internal control, internal The Nomination and Compensation The Board has two (2) permanent committees: audit and risk management systems Committee convened four (4) times the Audit Committee and the Nomination and in 2014. The average participation Compensation Committee. The committees • reviewing the Company’s corporate of members of the Committee in the assist the Board in its duties by preparing and governance statement meetings was eighty-eight (88) per reviewing in more detail matters falling within cent. the competence of the Board. The committees • monitoring the statutory audit of the prepare minutes of their meetings and report to financial statements and consolidated the Board. financial statements The Board has approved a Charter for the The committee members and a Chairman for • reviewing the internal audit charter before committee. According to its Charter, the each committee are appointed by the Board in submission to the Board for approval and Nomination and Compensation the first Board meeting held after the AGM for reviewing internal audit plans and reports Committee’s duties are to review on an a term of one (1) year. The Board has approved annual basis the composition and the charters for both committees. • evaluating the independence and per- performance of the Board, and to identify formance of the statutory auditor or and review nominees for Board members Audit Committee audit firm, particularly the provision of in accordance with the Company’s Guiding The Audit Committee comprises at least three (3) related services to the Company Principles for Nomination of Directors of the members. The members of the Audit Committee Company. The Committee makes the shall be independent of the company and at least • contacts with the auditor and review of proposal for the election of the Board one (1) member shall be independent of the reports that the auditor prepares for members and their compensation to the significant shareholders. the Audit Committee Annual General Meeting of shareholders.

• preparing the proposal for the AGM In addition, the Committee evaluates and makes for the resolution on the election of the recommendations to the Board in regard to Heikki Lehtonen (Chairman), Georg auditor. Ehrnrooth and Karen de Segundo were • matters relating to the appointment, elected to the Audit Committee on 11 Nomination and Compensation Committee compensation and other terms of the March 2014. They are all independent of The Nomination and Compensation agreement of the President and CEO the Company and, with the exception of Committee comprises at least three (3) members. of the Company and identification of Georg Ehrnrooth, also independent of the The majority of the members of the Nomination successors Company’s significant shareholders. and Compensation Committee shall be independent of the Company. • basic principles about the The Audit Committee convened six compensation of the Company’s Group (6) times in 2014. The participation Executive Committee members of members of the Committee in the meetings was hundred (100) per cent. Pekka Ala-Pietilä (Chairman), Heikki • group level variable pay schemes, both Lehtonen, Henrik Ehrnrooth and short term and long term performance Michael Obermayer were elected to based incentive schemes the Nomination and Compensation The Board has approved a Charter for the Committee on 11 March 2014. • the executive talent pool based on reviews Committee. According to its Charter, the Majority of the Committee members of successor candidates for key executive Audit Committee shall assist the Board in its are independent of the Company. positions and reviews of other relevant responsibilities concerning factors for the executive talent pool.

• monitoring and supervising the financial reporting process

4 Pöyry Corporate Governance 2014

President and CEO INTERNAL CONTROL AND RISK The internal control framework covers all the MANAGEMENT SYSTEMS IN policies and guidelines, processes, The President and CEO is appointed by the Board. RELATION TO THE fINANCIAL procedures and organisational structures REPORTING PROCESS that assist the President and CEO and ulti- In accordance with the Companies Act, the mately the Board of Directors in ensuring President and CEO is in charge of the day-to-day According to Pöyry’s defi nition its objectives for that Pöyry achieves the above mentioned management of the Group in accordance with internal control are to provide reasonable objectives. the guidelines and instructions of the Board. The assurance in achieving the following goals: statutory duties of the President and CEO include Pöyry’s internal control framework is based ensuring that the Company’s accounting methods • Effectiveness, effi ciency and on the Pöyry Operating Guidelines, which comply with law and other regulations, and that transparency of operations consist of the key policies and instructions, the fi nancial matters are handled in a reliable which must be followed throughout the manner. The President and CEO is also in charge • Reliability of fi nancial and other reporting group. The Pöyry Operating Guidelines of the preparation of matters to be presented to provide internal policies and guidelines in the Board and carries out the decisions of the • Effective and comprehensive risk areas such as ethical business conduct, Board. management internal control, authorities, risk management and financial reporting. Alexis Fries (born 1955, Swiss citizen, Diploma • Compliance with applicable laws and in Physics, Swiss Federal Institute of Technology, regulations and the Pöyry Operating Risk management is an integral part of 1981) has been the President and CEO of the Guidelines Pöyry’s business management and internal Company since 1 September 2012. controls framework. The aim of risk • Ethical business conduct. management is to enable the achievement Group Executive Committee (GEC) of the Company’s strategic and financial The President and CEO is assisted by the Group objectives and targets in a controlled Executive Committee (“GEC”) in the operative manner. management of the Group. Pöyry’s system of internal control On 31 December 2014 the GEC consisted of ten (10) members. The members of the GEC are Control Environment appointed by the President and CEO and the “Tone at the top“ appointments approved by the Board. The GEC members report to the President and CEO and have roles and responsibilities assigned by the President and CEO. Governance & organisation Activities The GEC holds regular meetings chaired by the President and CEO. The President and CEO is Management monitoring Strategy & performance Information and responsible for the decisions made by the GEC. and audit processes management processes communication

For detailed information about the GEC Control members and their share ownership see Project sales, quality and management processes pages 10-11. People Risk management processes Other support processes processes and systems Financial / IT / M&A

Value base: Pöyry Fundamentals & Principles Code of Conduct 5 Pöyry Corporate Governance 2014

Pöyry’s main groupwide risk management Project management and project Risk assessment processes are: accounting are among Pöyry’s most important key processes, also from financial At Pöyry risks related to financial reporting 1. Enterprise Risk Management (ERM) reporting point of view. Several controls are are assessed and the necessary controls are process tailored to identify, assess, implemented to focus on these critical defined and implemented when changes are manage and follow up risks that may areas. Project managers are responsible for made in organisation or processes. threaten the achievement of Pöyry’s Pöyry’s projects, including compliance with objectives. the Pöyry Operating Guidelines, in order to All projects in Pöyry are categorised on risk ensure accurate and reliable input into basis. The project category determines the 2. Project risk management processes financial accounting and financial treatment of the project both in the sales and tailored to identify, assess, manage and information. The global Project Manage- execution phase of the project. In addition to follow up project risks. ment Office organisation supports project this, a more holistic project risk assessment managers in project management is conducted for more risky projects both Risk control activities include Authorities and processes, e.g. in project risk management before submitting commercial proposals and Approval Policy and Risk Management Policy and in monthly project review processes. signing contracts, and regularly during the and Instructions issued by the Board. These execution of projects. The risk assessment groupwide mandatory instructions set limits The controller function has a key role in Pöyry’s and risk review processes are performed and authority levels for risk taking. internal control system in developing, using Pöyry’s standardised risk assessment maintaining and communicating mandatory tools. The outcome of the project risk Risk reporting is a part of business reporting. policies and procedures and ensuring assessment may have an immediate impact Major risks with status updates are reported to compliance with them. Transaction on financial reporting. Project managers are and reviewed regularly by the Audit processing is centralised in dedicated internal supported by dedicated finance and other Committee and the Board. and external shared Financial Service Centres, resources in order to ensure the accuracy which strengthens the harmonisation of and compliance of the input for financial Control environment applied processes and procedures whilst also reporting. enhancing compliance. The centres have been The financial reporting processes are an established in countries where Pöyry has Control activities integral part of Pöyry’s internal control major operations. system. Pöyry’s financial management and accounting processes include policies, It is the duty of the President and CEO to Pöyry continued and extended the procedures and controls that are necessary ensure that the Company’s accounting scope of outsourcing of the to ensure the reliability of financial reporting. methods comply with legal requirements and transaction processing activities in Pöyry companies carry out financial regulations, and that the financial matters are Financial Accounting operations to reporting in a harmonised way across all handled reliably. The President and CEO has an external service provider in 2014. Group companies, based on mandatory delegated this responsibility to the In addition, efforts to improve quality policies and procedures, using a common Chief Financial Officer (“CFO”) , whose and cost efficiency in finance chart of accounts and harmonised set of duties are to organise and manage the operations, including process project management and accounting Finance function. harmonisation, continued in 2014. systems. This included the start of an The Audit Committee of the Board monitors implementation project for a new All Pöyry’s subsidiary companies in which the financial reporting process and the common global project, resource Pöyry has control use Pöyry’s common effectiveness of the controls therein. and financial management system systems for project accounting, financial Furthermore, the Board regularly assesses the throughout the Pöyry Group. The aim accounting and monthly reporting. All major adequacy and effectiveness of Pöyry’s internal is to complete the first implementa- interfaces are standardised and reasonably controls and risk management. tions in 2015 and continue with the automated between different systems in the roll-outs in the years 2016-2017. financial reporting process.

6 Pöyry Corporate Governance 2014

The international financial reporting President and Vice President Finance standards (IFRS) are applied in Pöyry comment to the President and CEO and CFO Group. The maintenance and on essential deviations or changes in actuals interpretation of accounting standards is or full year estimates as well as on all centralised to the Group Finance essential events, concerns, risks and department. Monthly closing, data opportunities. Standard minimum agendas transfers, reconciliation and control are mandatory for monthly review meetings procedures are defined in detail for the at all management levels covering topics financial reporting process. relevant for financial and operational monitoring. Pöyry’s Authorities and Approval Policy ensures that decision making involving Internal and external audits are performed far-reaching effects and significant risks is based on annually approved, risk based audit made at the appropriate organisational levels. plans, and audit findings are reported both to management and to the Audit Committee. Information and communication The Board receives monthly financial Applicable financial standards, policies, tools information on the Pöyry Group and Business and systems as well as best practices are Line level and approves all externally published on the Pöyry Group Intranet. The communicated financial reports. The Audit CFO ensures the availability of up-to-date Committee follows up regularly the information. The CFO also ensures the development of the Finance organisation. continuous improvement of finance related processes, procedures, systems and controls. Internal Audit

Monitoring The Internal Audit function is independent of business operations. The function is headed The CFO is responsible for maintaining and by the Chief Audit & Compliance Executive, developing the company’s controlling who reports to the President and CEO and processes so that management at all levels Audit Committee. receives reliable and adequate financial information in a timely manner. Internal Audit assesses the adequacy and effectiveness of Pöyry’s internal control The actual financial performance against framework. Internal Audit follows the business plans, budgets and performance Standards for the Professional Practise of indicators is followed up through the Internal Auditing of the Institute of Internal monthly reporting process. In connection Auditors. with the monthly reporting, updated and analysed full year estimates are mandatory every quarter, but also more frequently if material changes are foreseen.

Monthly business and financial performance reviews are held shortly after the reporting deadline where Business Line

7 Board of Directors

Henrik Ehrnrooth Heikki Lehtonen Pekka Ala-Pietilä Georg Ehrnrooth Chairman of the Board Vice Chairman of the Board Born 1957, Finnish citizen, Born 1966, Finnish citizen, Born 1954, Finnish citizen, Born 1959, Finnish citizen, M.Sc. (Econ.), D.Tech. h.c., Studies in agriculture and M.Sc. (Forest Econ.), B.Sc. M.Sc. (Eng.). Independent D.Sc. h.c. Independent member forestry, Högre Svenska (Econ.). Not independent of member Läroverket, Turku, Finland. the company and significant Huhtamäki Oyj, Chairman of Not independent of significant shareholder Componenta Corporation, the Board of Directors 2013–, shareholder President and CEO 1993–; Member of the Board of Pöyry PLC, Chairman of the Finnish Business and Policy Directors 2012–2013; Sanoma Corbis S.A., Semerca Board of Directors 2003–, Forum EVA, Member of the Corporation, Member of the Investments S.A. and Vice Chairman of the Board of Supervisory Board 2005–; Board of Directors 2014–; Fennogens Investments S.A., Directors 1997–2002; Otava Ltd, Member of the Board Solidium Oy, Chairman of the Chairman of the Board of Jaakko Pöyry Group, of Directors 1996– ; The Finnish Board of Directors 2011–; SAP Directors 2009–; eQ Plc, CEO 1995–1997; Foundation for Share Promotion, AG, Member of the Supervisory Member of the Board of Jaakko Pöyry Oy, partner and Member of the Board of Board 2002–; Blyk Directors 2011–; Norvestia Oyj, co-owner 1985–1997 and Directors 2012– International Ltd, Chairman of Member of the Board of Directors President and CEO 1986–1995; the Board of Directors 2009–; 2010–; Oy Forcit Ab, Member Caverion Corporation, Chairman Member of the Pöyry Board Blyk Ltd, Co-founder and CEO of the Board of Directors 2010–; of the Board of Directors 2013–; since 1997 2006–2012; Nokia Corporation, Opus Capita Oy, Member of the Otava Ltd, Chairman of the President 1999–2005, Member Board of Directors 2005–2011; Board of Directors 2014–, Pöyry PLC shares: of the Group Executive Board eQ Asset Management Oy, Member of the Board of 33,200 (33,200) 1992–2005 Chairman of the Board of Directors 1988– 2014; Directors 2009–2011; Anders YIT Corporation, Chairman Wall Foundation, Member of the of the Board of Directors Member of the Pöyry Board Board of Directors 2008–; Paavo 2009–2014 since 2006 Nurmi Foundation, Member of the Board of Directors 2005– Member of the Pöyry Board Pöyry PLC shares: since 1997 25,000 (25,000) Member of the Pöyry Board since 2010 Pöyry PLC shares: Henrik Ehrnrooth, together with his Pöyry PLC shares: brothers Georg Ehrnrooth and Georg Ehrnrooth, together with Carl-Gustaf Ehrnrooth, indirectly his brothers Henrik Ehrnrooth holds a controlling interest in and Carl-Gustaf Ehrnrooth, Corbis S.A. indirectly holds a controlling interest in Corbis S.A.

8 Pöyry Corporate Governance 2014

Shareholdings are stated as at 31 December 2014 and in brackets as at 31 December 2013. The figures include direct holdings, holdings of corporations or foundations in which the shareholder has a controlling interest, and holdings of the shareholder’s spouse and other family members.

Curricula vitae of the members of the Board of Directors are available on the company’s website www.poyry.com

Alexis Fries Michael Obermayer Karen de Segundo Born 1955, Swiss citizen Born 1948, German and Born 1946, Dutch citizen, Diploma in Physics Swedish citizen, Civ Ing (M.Sc.), Master in Law, MBA. Not independent of the Dr. rer. nat. (D.Sc.) Independent member company Bio-chemistry, MBA. Independent member E.on AG, Member of the Pöyry PLC, President and CEO Supervisory Board 2008–; 2012–; EOS Holding SA, CEO Biogasol APS, Member of British American Tobacco Plc., 2009–2012, Management Supervisory Board 2010–; Member of the Board of Consulting to EOS Holding SA European American Directors 2007–; Lonmin Plc., 2004–2009; Alstom Power, Investment Bank AG, Chairman Member of the Board of President 2001–2003; Alstom of Supervisory Board 2009– Directors 2005–; Royal Ahold Group, member of the execu- 2013, Member of Supervisory NV, Member of the tive committee 2001–2003 ; Board 2013–; Fjord Supervisory Board 2004–2011; ABB Alstom Power, member of Advisors Limited, Director Shell International Renewables, the Group central committee 2012-; Fjord Clean Energy Fund CEO 2000–2005; 1999–2001; ABB Asia Pacific, LP, Fjord Capital Partners Ltd, Shell International Gas & Power, President 1993–1999; General Partner 2007–; World CEO (Shell Global Gas & Power) ABB Group, member of the Economic Forum, Managing and Chairman (Shell Coal) executive committee 1993– Director and Dean, Global 1998–2000 1999; ABB, Country Manager Leadership Fellows Programme in Japan and the Philippines 2005–2007; INSEAD, Adjunct Member of the Pöyry Board 1988–1993; Motor Columbus professor, part time 2006–; since 2005 Consulting Engineers, Country McKinsey & Company, Inc, Manager Indonesia 1985– McKinsey Global Learning Pöyry PLC shares: 1988 ; BBC Brown Boveri Ltd, Institute, Dean 2000–2004, 4,000 (4,000) Project Manager, Gas Turbine McKinsey Eastern Europe, Division 1981–1985 Chairman 1991–2000

Member of the Pöyry Board Member of the Pöyry Board since 2008 since 2009

Pöyry PLC shares: Pöyry PLC shares: 210,000 (115,000) 0 (0)

9 Group Executive Committee

Alexis Fries Sergio C Guimaraes Nicholas Oksanen Marcelo Cordaro Jarkko Sairanen President and CEO Executive Vice President, Executive Vice President, Executive Vice President, Executive Vice President, Chairman Regional President, Energy President, Industry President, Regional President, Management Operations (acting) Business Group Business Group Operations Latin America Consulting Business Born 1955 Born 1956 Born 1967 Vice Chairman Regional Group Diploma in Physics Mechanical Engineer M.Sc. Paper Technology Operations Born 1963 Welding Engineer Born 1963 M.Sc. Industrial Member of Pöyry’s Master Research., Member of Pöyry’s D.Sc. Electrical Engineering Group Executive on Strategy and Group Executive Engineering MBA Committee since 2012 Organization Committee since 19 August 2014 Member of Pöyry’s Member of Pöyry’s Pöyry PLC shares: Member of Pöyry’s Group Executive Group Executive 210,000 (115,000) Group Executive Pöyry PLC shares: Committee since Committee since 2011 Committee since 2013 3,319 (2,194) 19 August 2014 Pöyry PLC Shares: Pöyry PLC shares: Pöyry PLC shares: 21,250 (17,500) 0 (0) 2,415 (1,290)

10 Pöyry Corporate Governance 2014

Curricula vitae of the members of the Group Executive Committee are available on the company’s website www.poyry.com

Richard Pinnock Pasi Tolppanen Anne Viitala Jukka Pahta Jaana Rinne Executive Vice President, Executive Vice President, Executive Vice President, Executive Vice President, Senior Vice President, Global Sales and Regional Operations Legal and Chief Financial Officer Human Resources Project Management Northern Europe Communications Born 1966 Born 1962 Born 1962 Vice Chairman Regional Group General Counsel M.Sc. (Econ.) M.Sc. (Econ.) B.Sc. (eng.), Operations Born 1959 MBA B.Comm. (Hons) Born 1967 L.L.M., trained on Member of Pöyry’s Licentiate of Technology bench, Member of Pöyry’s Group Executive Member of Pöyry’s (rock engineering) eMBA Group Executive Committee since 2013 Group Executive Ph.D (engineering Committee since 2011 Committee since 2003 geology) Member of Pöyry’s Pöyry PLC Shares: Group Executive Pöyry PLC Shares: 0 (0) Pöyry PLC shares: Member of Pöyry’s Committee since 2002 7,500 (5,000) 88,677 (84,927) Group Executive Committee since 2012 Pöyry PLC shares: 26,047 (23,547) Pöyry PLC shares: 3,561 (2,436)

Part of Group Executive Committee 2014

Martin Kuzaj Martin Bachmann Executive Vice Executive Vice President, Industry President, Chairman Business Group Regional Operations President, Regional Member of the Group Operations Central Executive Committee Europe and Latin since 2010 until 19 America August 2014. Member of the Group Executive Committee since 2009 until 19 August 2014. 11 Issued in February 2015

www.poyry.com

Pöyry is an international consulting and engineering company. We serve clients globally across the energy and industrial sectors and locally in our core markets. We deliver strategic advisory and engineering services, underpinned by strong project implementation capability and expertise. Our focus sectors are power generation, transmission & distribution, forest industry, chemicals & biorefining, mining & metals, transportation and water. Pöyry has an extensive local office network employing about 6,000 experts. Pöyry’s net sales in 2014 were EUR 571 million and the company’s shares are quoted on NASDAQ OMX Helsinki (Pöyry PLC: POY1V).