UPM Annual Report 2023

GOVERNANCE

UPM

BEYOND FOSSILS

BUSINESSES

RESPONSIBILITY

ACCOUNTS FOR 2023

GOVERNANCE

Growth strategy continued

104 111 114 116

Remuneration

Board of Directors

Group Executive Team

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

118

One of our three values is Renew with courage. We show passion for renewal, share our ideas boldly and experiment to learn and grow. WHAT TRANSFORMING MEANS

www.upm.com

102

103

UPM ANNUAL REPORT 2023

UPM ANNUAL REPORT 2023