Tokmanni Group Oyj - Other information disclosed according to the rules of the Exchange

Tokmanni Group Corporation: The Board of Directors of Tokmanni Group Corporation has resolved on long-term incentive program

TOKMANNI GROUP CORPORATION          CORPORATE RELEASE
                                  8.2.2017  8.45 a.m.

THE BOARD OF DIRECTORS OF TOKMANNI GROUP CORPORATION HAS RESOLVED ON LONG-TERM
INCENTIVE PROGRAM

The Board of Directors of Tokmanni Group Corporation has resolved to establish a
new share-based incentive program directed to the key employees. The aim of the
program is to combine the objectives of the shareholders and the key employees
in order to increase the value of the Company in the long-term, to commit the
key employees to implement the Company's strategy, and to offer them a
competitive reward program based on earning and accumulating the Company's
shares.

The performance share program includes the calendar year 2017. The potential
reward of the program will be based on the Company's Earnings per share on
December 312017 and on the market value development 1.1-31.12.2017.

The target group of the program includes the CEO, the members of the Executive
Group as well as other key employees. The potential rewards, which by nature are
taxable income, to be paid correspond to an approximate maximum total of
120,000 Tokmanni Group Corporation's shares based on the 31 December 2016 market
value and will be paid in Tokmanni Group shares in 2020. The Board can decide to
pay the reward partly in cash. The cash proportion covers taxes and tax-related
costs arising from the reward to a key employee. As a rule, no reward will be
paid, if the employment or service of a target group employee ends before the
reward payment.

The Board decision is subject to the decision of the Annual General Meeting to
authorize the board to issue shares without subscription price for the purposes
of this incentive Program. The Notice to convene the Annual General Meeting will
be published later in February. The Annual General Meeting will be held on March
24(,) 2017.

Tokmanni Group Corporation

The Board of Directors

Further Information, please contact:
Sixten Hjort, CFO
tel: +358 20 728 6043
sixten.hjort(a)tokmanni.fi

Tokmanni in brief
Tokmanni is the largest general discount retailer in Finland measured by number
of stores and revenue. In 2016, Tokmanni's revenue was EUR 776 million and on
average it had approximately 3,200 employees. Tokmanni is the only nationwide
general discount retailer in Finland, with 162 stores across Finland as at 31
December 2016.

Distribution:
Nasdaq Helsinki Ltd
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