Kamux Oyj — AGM Information 2021

Sep 30, 2021

Composition of Kamux’s Shareholders’ Nomination Board

Composition of Kamux’s Shareholders’ Nomination Board

Kamux Corporation                    Stock Exchange Release
                                     30 September 2021 at 09:00am

Composition of Kamux’s Shareholders’ Nomination Board

The Nomination Board of Kamux consists of four members. The right to appoint
members representing the shareholders belongs to the three shareholders who hold
the largest share of the votes represented by all shares in the Company on the
first business day of September preceding the Annual General Meeting. In
addition, the Chairperson of the Board of Directors is a member of the
Nomination Board.

If a shareholder does not want to use their nomination right, the right will
transfer to the next largest shareholder. The representative of the largest
shareholder shall be selected as the Chairperson of the Nomination Board, unless
the Nomination Board decides otherwise.

The composition of the Shareholders’ Nomination Board for Kamux was determined
based on holdings on September 1, 2021 in the shareholders’ registers and
evidence received of the holdings. The following shareholders have used their
nomination right and the following members have been nominated to Kamux’s
Shareholders’ Nomination Board:

·
Timo Luhtaniemi, Chairperson of the Shareholders’ Nomination Board, representing
shareholders Juha Kalliokoski and Callardo Capital Oy

· Jan Andersson, representing the funds managed by Swedbank Robur (nominee
registered shareholdings)
· Paavo Ahonen, representing shareholder Elo Mutual Pension Insurance Company
· Harri Sivula, Chairperson of the Board of Kamux Corporation

Kamux’s Annual General Meeting held on April 21, 2020 resolved to establish a
Shareholders’ Nomination Board and adopted its Rules of Procedure. The purpose
of the Nomination Board is to annually prepare and present to the Annual General
Meeting, and to Extraordinary General Meeting when necessary, the proposals for
the composition of the Board of Directors and for the renumeration. In addition,
the Nomination Board’s duty is to look for successor candidates for the Board
Members and to prepare the Board of Directors’ principles regarding diversity.

The Nomination Board will give its proposal to the Company’s Board of Directors
for the 2022 Annual General Meeting at latest on January 31, 2022.

Kamux Corporation

Further information:

Harri Sivula

Chairperson of the Board of Directors

Contacts:

Vesa Uotila, Director of Business Development, tel. +358 40 512 6767

ir@kamux.com

Kamux Corporation is a retail chain specializing in the sale of used cars and
related integrated services that has grown rapidly. Kamux combines online
shopping with an extensive showroom network to provide its customers with a
great service experience anytime, anywhere. In addition to digital channels, the
company has total of 79 car showrooms in Finland, Sweden and Germany. Since its
founding, the company has sold approximately 300,000 used cars, 60,657 of which
were sold in 2020. Kamux’s revenue reached EUR 724.1 million in 2020. In 2020,
Kamux’s average number of employees was 713 in terms of full-time equivalent
employees. The shares of Kamux are listed on the Nasdaq Helsinki stock exchange.

www.kamux.com