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Major Shareholding Notification • Nov 25, 2016

Disclosure 347144

Stockmann - Major shareholder announcements

Notification of a change in holdings under chapter 9, section 10 of the Finnish Securities Market act

STOCKMANN plc, Major shareholders announcements 25.11.2016 at 12:30 Stockmann has been notified that the holdings of Varma Mutual Pension Insurance Company’s (business identity code 0533297-9) voting rights of Stockmann plc’s shares have increased above 5 per cent in connection with a purchase of shares on 24 Nobember 2016. 1. Name of the target company: Stockmann plc 2. Date of the change in holdings: 24 November 2016 3. Exact share of Stockmann's share capital and votes after the transaction: Number of Percentage Percentage shares A+B of the shares of the voting rights Varma 6.109.508 8.48 5.03 The ownership is divided into two share series so that the number of Series A shares is 1.257.745 and the number of Series B shares is 4.851.763. Further information: Jukka Naulapää, Director, Legal affairs, tel. +358 9 121 3850 www.stockmanngroup.com STOCKMANN plc Lauri Veijalainen CEO Distribution: Nasdaq Helsinki Principal media