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Lindex Group

Legal Proceedings Report Oct 14, 2022

3292_iss_2022-10-14_be070316-c9f5-4915-9115-9774c1aa6492.html

Legal Proceedings Report

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Stockmann - Inside information

The County Administrative Court in Gothenburg has passed a decision in a dispute between Stockmann and the Swedish tax authorities

STOCKMANN plc, Inside Information 14.10.2022 at 15:00 EET A decision has been received by the County Administrative Court in Gothenburg in a dispute between Stockmann and the Swedish tax authorities on the taxation of Stockmann's subsidiary Stockmann Sverige AB regarding its right to deduct interest expenses during the years 2017-2019 for a loan raised for the acquisition of AB Lindex. According to the decision, the County Administrative Court in Gothenburg approves Stockmann's appeal and confirms that Stockmann Sverige AB is entitled to a deduction of interest expenses, which corresponds to a lower tax cost of approximately EUR 13 million during the years 2017-2019. Further information: Jukka Naulapää, Chief Legal Officer, tel. +358 9 121 3850 www.stockmanngroup.com STOCKMANN plc Jari Latvanen CEO Distribution: Nasdaq Helsinki Principal media

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