UPM Annual Report 2022

GOVERNANCE

UPM

BEYOND FOSSILS

BUSINESSES

RESPONSIBILITY

ACCOUNTS FOR 2022

GOVERNANCE

Growth in a changing environment

102 109

Remuneration

Board of Directors

112 114

Group Executive Team

Independent practitioner’s limited assurance report on UPM’s Corporate Responsibility reporting

116

The Paso de los Toros pulp mill will have a major impact on the Uruguayan economy. Together with the contractors, we directly employ around 4,000 people and in total the mill will create 10,000 jobs in the region. ACTIONS FOR THE FUTURE

100

101

UPM ANNUAL REPORT 2022

UPM ANNUAL REPORT 2022