Kesko Oyj — Director's Dealing 2024

Dec 18, 2024

Kesko Corporation: Disclosure in compliance with Chapter 9, Section 10 of the Finnish Securities Markets Act (17.12.2024)

Kesko Corporation has on 18 December 2024 received a notification pursuant to Chapter 9, Section 5 of the Finnish Securities Markets Act from BlackRock, Inc.

According to the notification, on 17 December 2024, BlackRock, Inc.'s holding in Kesko Corporation fell below the threshold of five (5) per cent of shares.

According to the notification of BlackRock, Inc.:

	% of shares and voting rights (total of A)	% of shares and voting rights through financial instruments (total of B)	Total of both in % (A + B)	Total number of shares and voting rights of issuer
Resulting situation on the date on which threshold was crossed or reached	4.96% shares Below 5% voting rights	0.05% shares Below 5% voting rights	5.02% shares Below 5% voting rights	400,079,008 shares 1,542,611,260 voting rights
Position of previous notification (if applicable)	5.03% shares Below 5% voting rights	0.05% shares Below 5% voting rights	5.09% shares Below 5% voting rights	------------------------

A: Shares and voting rights

Class/type of	Number of shares and voting rights		% of shares and voting rights
shares	Direct (SMA 9:5)	Indirect (SMA 9:6 and 9:7)	Direct (SMA 9:5)	Indirect (SMA 9:6 and 9:7)
		19,874,647 shares		4.96% shares
FI0009000202		Below 5% voting rights		Below 5% voting rights
	19,874,647 shares		4.96% shares
SUBTOTAL A	Below 5% voting rights		Below 5% voting rights

B: Financial Instruments according to SMA 9:6a
Type of financial instrument	Expiration date	Exercise/ Conversion Period	Physical or cash settlement	Number of shares and voting rights	% of shares and voting rights
American Depositary Receipt	N/A	N/A	Physical	896 shares	0.00%

					shares
(US4925311080)				Below 5% voting rights	Below 5% voting rights
				143,786	0.03%
Securities Lent	N/A	N/A		shares	shares
			Physical
				Below 5%	Below 5%
				voting rights	voting rights
CFD	N/A	N/A		92,080	0,02%
				shares	shares
			Cash
				Below 5%	Below 5%
				shares	shares
		236,762	0.05%
			SUBTOTAL B	shares	shares
				Below 5%	Below 5%
				voting rights	voting rights

Kesko Corporation's share capital is divided into A shares and B shares. The total number of shares is 400,079,008 of which 126,948,028 (31,7%) are A shares and 273,130,980 (68.3%) are B shares. The total amount of own B shares held by the company is 2,122,600.

The full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity is presented in the enclosed attachment.

Further information is available from Lasse Luukkainen, Executive Vice President, Legal and Sustainability, tel. +358 105 322 818.

Kesko Corporation

DISTRIBUTION Nasdaq Helsinki Ltd Main news media www.kesko.fi

Attachment: Annex