Restamax Oyj - Changes board/management/auditors

Restamax Plc: JUHA HELMINEN APPOINTED CEO OF RESTAMAX PLC

Restamax Plc

STOCK EXCHANCE RELEASE 6 JUNE 2017 at 12:00

JUHA HELMINEN APPOINTED CEO OF RESTAMAX PLC

The Board of Directors of Restamax Plc has appointed Juha Helminen M.Sc.(Tech.)
(born 1977) CEO of Restamax and a member of the Executive Team from 1 September
2017. Helminen will be responsible for the company's operations, result and
development. Helminen is currently Vice President, Sales at Sinebrychoff.

Helminen has solid experience of the brewery and restaurant sectors, from senior
positions in business management both in Finland and abroad. Among other
positions, during the years 2015-2017 he worked in Denmark in Carlsberg Group as
Vice President, Group Strategy and Vice President, Group Sales Development.
During 2012-2015 he worked in Finland as Vice President, HoReCa Sales in
Sinebrychoff, part of Carlsberg Group. During 2008-2012 Helminen worked in
Denmark as Vice President, Business Development, Northern Europe for Carlsberg
Group. He has also worked in Sweden as a Financial Controller in Carlsberg
Sweden 2002-2003.

Restamax's strategic objective is to expand its restaurant business abroad by
the end of 2018.

"The solid strategic expertise of Helminen, who has a long international career
behind him, and his experience of global business and sales management will
strongly support this objective of ours and the beginning of Restamax's new
stage of development. I believe that his extensive international expertise in
the sector will produce added value for our company's customers, shareholders
and personnel alike," says Timo Laine, Restamax's Chairman of the Board.

"Restamax is a very strong operator in the restaurant sector whether comparing
domestically or internationally. As a company, Restamax is at a very interesting
stage and I believe I can utilize my experience to bring new ideas to support
the growth and management of the business. I am very much looking forward to the
new challenges and the opportunity to work with Restamax's skilled staff," says
Juha Helminen.

CFO Jarno Suominen was appointed temporary CEO of the company from 22 May 2017,
and will continue in this position until 31 August 2017.

A photo of Juha Helminen is included in this release.

Additional information:
Timo Laine, Chairman of the Board of Directors, Restamax Plc, tel.
+358 400 626 064
Jarno Suominen, temporary CEO, CFO, Restamax Plc, tel. +358 40 721 5655

Distribution:
NASDAQ OMX Helsinki
Major media
www.restamax.fi

Restamax Oyj is a Finnish group established in 1996, specialising in restaurant
services and labour hire. The company, which listed on NASDAQ OMX Helsinki in
2013 and became the first Finnish listed restaurant company, has continued to
grow strongly throughout its history. The Group companies include some 120
restaurants, nightclubs and entertainment centres all over Finland. Well-known
restaurant concepts of the Group include Stefan's Steakhouse, Viihdemaailma
Ilona, Classic American Diner and Colorado Bar & Grill. In 2016, Restamax Plc's
turnover was MEUR 130.1 and EBITDA MEUR 19.4. Depending on the season, some
1,100 persons converted into full-time employees work at the Group. The
workforce of Restamax subsidiary Smile Henkilöstöpalvelut Oy is about 4,500.

Restamax company website: www.restamax.fi, Restamax consumer website:
www.ravintola.fi, Smile Henkilöstöpalvelut: www.smilepalvelut.fi

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Juha Helminen photo.jpg