Tokmanni Group Oyj

Major Shareholding Notification • May 15, 2020

Disclosure 383759

Tokmanni Group Oyj - Major shareholder announcements

Tokmanni Group Corporation: Announcement of a change in shareholding according to Chapter 9, Section 10 of the Finnish Securities Market Act

Tokmanni Group Corporation Stock exchange release 15 May 2020 at 4:40 pm Tokmanni Group Corporation has received a notification pursuant to Chapter 9, Section 5 of the Securities Markets Act from Elo Mutual Pension Insurance Company. According to the notification the holding of Elo Mutual Pension Insurance Company in the Company’s shares and votes has decreased under 5% on 14 May 2020. After the transaction, Elo Mutual Pension Insurance Company holds 2 863 549 Tokmanni’s shares, which is 4.86 % of Tokmanni’s shares and voting rights. Each share entitles its holder to one (1) vote. Total positions of Elo Mutual Pension Insurance Company: % of % of shares Total number of Total number of shares and shares and voting shares and and voting rights of issuer voting rights of voting rights issuer rights through financial instruments Resulting 4.8642% 4.8642% 58,868,752 situation on the date on which threshold was crossed or reached Notified details of the resulting situation on the date on which the threshold was crossed: Shares and voting rights Class/type Number of shares and voting rights % of shares and voting rights of shares ISIN code Direct Indirect Direct Indirect FI (SMA 9:5) (SMA L 9:6 and 9:7) (SMA 9:5) (SMA 9:6 and 9:7) 4000197934 Total 2,863,549 4.8642% For more information Maarit Mikkonen, Head of IR and Communications, tel. +358 40 562 2282 Tokmanni in brief Tokmanni is the largest general discount retailer in Finland measured by number of stores and revenue. In 2019, Tokmanni’s revenue was EUR 944.3 million and it had approximately 3,700 employees. Tokmanni is the only nationwide general discount retailer in Finland, with almost 200 stores across Finland. Distribution Nasdaq Helsinki Key Media