Tokmanni Group Oyj

Report Publication Announcement • Dec 20, 2017

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Tokmanni Group Oyj - Inside information

Tokmanni Group Corporation: Rautiainen and Kesko have reached an agreement in non-competition matter

Tokmanni Group Corporation Company Announcement 20.12.2017 at 15.00 EET Rautiainen and Kesko have reached an agreement in non-competition matter Tokmanni has been made aware that Kesko Group and Mika Rautiainen have reached an agreement regarding their non-competition clause dispute. According to the agreement, deviating from what has been earlier announced, Mika Rautiainen will take up his position as Tokmanni Group's CEO as of 1 June 2018. As previously announced, Harri Sivula will continue as interim CEO until Mika Rautiainen takes up his position. Tokmanni Group Corporation Board of Directors For further information, please contact: Harri Sivula Chairman of the Board, Interim CEO Tel. +358 50 656 92 Harri.sivula@tokmanni.fi Joséphine Mickwitz Head of IR and Communications Tel. +358 400 784 889 josephine.mickwitz@tokmanni.fi Tokmanni in brief Tokmanni is the largest general discount retailer in Finland measured by number of stores and revenue. In 2016, Tokmanni's revenue was EUR 776 million and on average it had approximately 3,200 employees. Tokmanni is the only nationwide general discount retailer in Finland, with 162 stores across Finland as at 31 December 2016. Distribution: Nasdaq Helsinki Ltd Main news media []