Stockmann - Changes board/management/auditors

Kai Laitinen appointed Stockmann’s Chief Financial Officer

STOCKMANN plc, Changes board/management/auditors 15.2.2017 at 8:30 EET

Kai Laitinen (born 1970), M.Sc.(Business Administration), has been appointed as
Stockmann's Chief Financial Officer and as a member of the Management Team. Kai
Laitinen has most recently served as Chief Financial Officer at Finavia Oyj and
before that he held several financial management positions at Outokumpu Oyj. Kai
Laitinen will join Stockmann at the latest in August 2017 and he will report to
CEO Lauri Veijalainen.

“I would like to warmly welcome Kai Laitinen to Stockmann. Kai has solid
experience as a CFO and he will bring us the financial expertise that will
complement the Management Team’s know-how very well,” says CEO Lauri
Veijalainen.

“I am excited about this interesting new position at Stockmann and being able to
join the turnaround of the company. I believe that my earlier, diverse
experience in finance will benefit the successful management of the task,” says
Kai Laitinen.

Further information:
Lauri Veijalainen, CEO, tel. +358 9 121 5062
Nora Malin, Director, Corporate Communications, tel. +358 9 121 3558

www.stockmanngroup.com

STOCKMANN plc

Lauri Veijalainen
CEO

Distribution:
Nasdaq Helsinki
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