Lindex Group - Changes board/management/auditors

Change in Group Management Team of Lindex Group plc

LINDEX GROUP plc, Changes board/management/auditors, 14.5.2024 at 9:00 EEST

Change in Group Management Team of Lindex Group plc

Chief Operating Officer (COO) of Lindex Group plc's Stockmann division and
member of the Group Management Team Tove Westermarck will join a new employer.
She will continue in her role in the Lindex Group until autumn 2024. The
recruitment process for a new COO has been initiated.

“Tove has played a significant role in the development of Stockmann's department
store and online business during her long Stockmann career. She has held
demanding leadership positions in many different areas of our business and has
worked alongside our people through many phases of change. Last November, the
Stockmann division's strategy was updated, and its implementation was started
under Tove's leadership with a focus on the development of offering, loyalty
programme and omnichannel experience as well as cost efficiency improvement,”
says the CEO Susanne Ehnbåge. “I would like to thank Tove already at this stage
for her dedicated work to improve the profitability of Stockmann's business and
to develop the Stockmann brand and customer experience,” Ehnbåge adds.

“Stockmann is a work community, with a strong merchant mindset - a desire to
provide the best quality and service in the city - and a love for our iconic
brand. I have been privileged to develop Stockmann in a broad and international
way and work with such great people throughout my career so far. My warm
relationship with the company will continue, now that I'm moving on to a new
job. I'm convinced that our committed team will drive the implementation of our
strategy with determination, further strengthening the customer experience and
building a good foundation for Stockmann's future growth,” says Tove
Westermarck.

LINDEX GROUP plc

Susanne Ehnbåge
CEO

Further information:
Group Communications & Investor Relations
MediaDesk tel. +358 50 389 0011
info@stockmann.comorinvestor.relations@stockmann.com

Distribution:
Nasdaq Helsinki
Principal media

Lindex Group plc is an international multichannel retail group with two
divisions: Lindex and Stockmann. Lindex is a global fashion company with a
purpose to empower and inspire women everywhere. Its three strong categories
include women's and kids' wear as well as lingerie, where it is a market leader
in the Nordics. Stockmann is a premium multi-brand retailer with department
stores in Finland and the Baltics. Its purpose is to be a marketplace for a good
life. In 2023, the Lindex Group's revenue was EUR 952 million and it had some 5
800 employees. The Group's roots lie in the Stockmann company founded in 1862
and its shares are listed on the Nasdaq Helsinki Ltd. in Finland. www.lindex
-group.com (https://nam11.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.
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