HKScan Oyj - Changes board/management/auditors

Change of CEO at HKScan Corporation

HKScan Corporation, Stock Exchange Release, 29 September 2022 at 2.35 p.m. EET

Change of CEO at HKScan Corporation

The Board of Directors of HKScan Corporation and CEO Tero Hemmilä have today
mutually agreed that Hemmilä will leave his position as CEO. Tero Hemmilä has
been the CEO of HKScan Corporation since February 2019. He will leave his
position immediately. The recruitment process for a new CEO has been initiated.

"On behalf of the entire Board and the company, I would like to thank Tero for
his valuable contribution and work in HKScan's turnaround. The transformation
into a versatile food company in line with our strategy is proceeding. Right
now, urgent measures are needed to improve the profitability of the core
business and to strengthen the balance sheet in a rapidly changing operating
environment. I wish Tero all the best for the future," says Reijo Kiskola,
Chairman of the Board of HKScan.

The Board of Directors of HKScan has today appointed Juha Ruohola as interim CEO
of the company. Ruohola is a member of the Group Executive Team and was
previously EVP for Business Unit Baltics, Polish business as well as Group's
export and import. With Ruohola taking over as interim CEO, Markus Kirsberg has
today been appointed to the Group Executive Team as interim EVP for Business
Unit Baltics.

“The interim CEO, Juha Ruohola, has versatile and international expertise in the
industry, which provides excellent support for HKScan's measures to
significantly improve the company's profitability. In the longer term, the
strategic change from a meat company into a versatile food company opens up new
opportunities for growth," says Reijo Kiskola.

HKScan Corporation

Board of Directors

More information:
Reijo Kiskola, Chairman of the Board, HKScan Corporation

Contacts via Group SVP Communications Heidi Hirvonen, tel. +358 10 570 6072 or
via e-mail heidi.hirvonen@hkscan.com

Link to the website: HKScan's Group Executive
Team (https://www.hkscan.com/en/about-us/governance/group-executive-team/)

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, Denmark and the Baltics. Our strong product brands include HK®,
Kariniemen®, Via®, Scan®, Pärsons®, Rose™, Rakvere® and Tallegg®. Through our
strategic partnerships, we are also known for Kivikylän®, Tamminen® and Boltsi
brands. HKScan is a publicly listed company, and in 2021, our net sales totalled
over EUR 1.8 billion.

DISTRIBUTION:

Nasdaq Helsinki
Main media
www.hkscan.com (https://www.hkscan.com/en/)