Lindex Group

Earnings Release • Mar 18, 2020

Disclosure 381124

Stockmann - Inside information

Profit warning: Stockmann Group’s revised guidance for 2020

STOCKMANN plc, Inside Information 18.3.2020 at 17:00 EET Stockmann expects that the Coronavirus (COVID-19) outbreak and numerous restrictions and special regulations imposed as a result of this outbreak will considerably decrease the volume of our business operations and profitability. Updated guidance for 2020: Due to the rapid changes in the business environment, Stockmann’s previous outlook, published on 13 February 2020, is not valid anymore. Stockmann will provide a new guidance when the visibility in our markets is clearer. Previous guidance for 2020 (published on 13 February 2020): Stockmann expects the Group’s operating profit to improve clearly in 2020 (2019: EUR 13.3 million). Stockmann will publish its Interim report for January–March 2020 on 30 April 2020. Further information: Pekka Vähähyyppä, CFO, puh. +358 9 121 3351 www.stockmanngroup.com STOCKMANN plc Jari Latvanen CEO Distribution: Nasdaq Helsinki Principal media