HKScan Oyj - Changes in company's own shares

Changes in HKScan Corporation’s own shares

HKscan Corporation, stock exchange release, 6 May 2021

Changes in HKScan Corporation’s own shares

The Board of Directors of HKScan Corporation has resolved on a directed share
issue without consideration related to the Group’s share-based incentive plan
2018, payment of the rewards for the performance period 2018-2020.

On 7 May 2021 a total of 141,936 HKScan Corporation’s A shares owned by the
company will be transferred without consideration to the participants of the
share-based incentive plan in accordance to the terms and conditions of the
plan. The establishment and central terms of the incentive plan have been
announced in stock exchange releases published on 7 February 2018, on 8 May 2019
and on 7 April 2021.

The transfer of own shares by a directed share issue without consideration is
based on the Board’s authorization granted by the Annual General Meeting on 8
April 2021.

After the transfer HKScan holds a total of 1,858,064 own series A shares.



HKScan Corporation
Board of Directors



Further information:

Heidi Hirvonen, SVP Communications, tel. +358 10 570 6072

At HKScan, we make life tastier – today and tomorrow. Our strategic target is to
grow into a versatile food company. Our responsibly produced, delicious products
are part of consumers’ varied food moments – both every day and on special
occasions. We have some 7,000 HKScan professionals applying more than 100 years
of experience to make locally produced food. For us at HKScan, responsibility
means continuous improvements and concrete actions throughout the food chain. As
part of our Zero Carbon programme, we are targeting a carbon-neutral food chain
from farms to consumers by the end of 2040. Our home markets cover Finland,
Sweden, the Baltics and Denmark. Our strong product brands include HK®,
Kariniemen®, Via®, Scan®, Pärsons®, Rakvere®, Tallegg® and Rose™. Through our
strategic partnerships, we are also known for Kivikylän®, Tamminen® and Boltsi
brands. HKScan is a publicly listed company, and in 2020, our net sales totalled
nearly EUR 1.8 billion.



DISTRIBUTION:

Nasdaq Helsinki
Main media
www.hkscan.com