Musti Group Oyj - Changes board/management/auditors

Changes in Musti Group's Management Team

Musti Group plc                                        Stock Exchange
Release             16 May 2024 at 15:00 EEST

Changes in Musti Group's Management Team

Toni Rannikko will step down as the CFO and a member of the Management Team of
Musti Group plc to pursue career opportunities outside the company.

” I would like to express my warmest thanks to Toni for his contribution at
Musti Group and wish him all the best in his future endeavours,” David Rönnberg,
CEO of Musti Group, says.

Rannikko will continue in his current role until summer of 2024.

Robert Berglund will start as new CFO (Chief Financial Officer) and member of
the Management Team of Musti Group plc, 1st August 2024.

Robert has previously been CFO for Musti Group during the years 2017 to 2021.

Since 2021, Robert has been CFO at Reima Group.

“I am very happy to welcome Robert back to the Musti pack and really looking
forward to what we can achieve together in the future”, says CEO David Rönnberg.

Additional information:

David Rönnberg, CEO, puh. +46708966552

david.ronnberg@mustigroup.com, communications@mustigroup.com

Distribution:
Nasdaq Helsinki
Pricipal media
www.mustigroup.com

Musti Group in brief

Musti makes the life of pets and their owners easier, safer and more fun. We are
the leading Nordic pet care company, and we operate an omnichannel business
model to cater for the needs of pets and their owners across Finland, Sweden and
Norway. We offer a wide, curated assortment of pet products. We also provide pet
care services such as grooming, training and veterinary services in selected
locations.

Musti Group's net sales were EUR 426 million in the financial year 2023. At the
end of the financial year 2023, the company had 1,643 employees, 1.5 million
loyal customers and 342 stores.