Stockmann - Inside information

Stockmann is investigating a possible divestment of its Book House property

STOCKMANN plc, Inside Information 2.1.2018 at 9:00 EET

The Stockmann-owned Book House property in Helsinki city centre is entirely in
external partners’ use as of 1 January 2018, when Stockmann Delicatessen’s
business operations were transferred to the S Group.

Since Stockmann is no longer practising retail business in the property, the
Book House has been reclassified as an investment property in the company’s
balance sheet at 31 December 2017. Stockmann’s Board of Directors has also
decided to investigate a possible divestment of the Book House property.

The Book House, which is designed by architect Alvar Aalto, has a gross leasable
area of 8 861 square meters, and the largest tenants are Bonnier Books (Academic
Bookstore), HOK-Elanto (Stockmann Delicatessen), Isku Invest (Sisustusmaailma)
and Technopolis (UMA Esplanadi). In addition, the property has several other
store and office tenants.

The investigation process related to a possible divestment of the Nevsky Centre
shopping centre in St. Petersburg continues.

Further information:
Björn Teir, Director, Real Estate tel. +358 50 553 5108

www.stockmanngroup.com

STOCKMANN plc
Lauri Veijalainen
CEO

Distribution:
Nasdaq Helsinki
Principal media