Kesko Oyj — AGM Information 2021

Sep 13, 2021

Composition of Kesko’s Shareholders’ Nomination Committee

Composition of Kesko’s Shareholders’ Nomination Committee

Kesko’s Annual General Meeting of 28 April 2020 resolved to establish a
Shareholders’ Nomination Committee. The Committee will prepare proposals related
to the number, election and remuneration of Board members to Kesko’s General
Meeting of shareholders.

The Nomination Committee has three members: two appointed by Kesko’s biggest
shareholders and one who is the Chairman of Kesko’s Board of Directors.

The right of nomination of members representing the shareholders belongs to
those two shareholders whose share of votes conferred by all shares in Kesko is
the largest according to the register of shareholders maintained by Euroclear
Finland Ltd on 1 September preceding the Annual General Meeting. The two largest
shareholders in Kesko on 1 September 2021 were K-Retailers' Association and
Ilmarinen Mutual Pension Insurance Company, both of whom used their right of
nomination.

The members of Kesko’s Shareholders’ Nomination Committee are

• Toni Pokela, retailer, appointed by K-Retailers' Association
• Jouko Pölönen, President and CEO, appointed by Ilmarinen Mutual Pension
  Insurance Company, and
• Esa Kiiskinen, Chairman of Kesko’s Board of Directors.

The Committee elected Toni Pokela as Committee Chairman at its organisational
meeting on 13 September 2021.

Further information is available from Lasse Luukkainen, Group General Counsel,
tel. +358 105 322 818, and Hanna Jaakkola, Vice President, Investor Relations,
tel. +358 105 323 540.

Kesko Corporation

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