2022-08-16 14:40:00 CEST

2022-08-16 14:40:13 CEST


REGULATED INFORMATION

English
Tokmanni Group Oyj - Changes board/management/auditors

Tapio Arimo appointed Chief Financial and Information Officer at Tokmanni


Tokmanni Group Corporation        Stock exchange release        16 August 2022
at 15:40 pm

Tapio Arimo, M.Sc. (Econ.), has been appointed as Tokmanni's new CFO and CIO and
a member of the Executive Group. He will start in his position by 1 December
2022 at the latest. Arimo will join Tokmanni from Haltian Oy, where he has
served as the CFO since 2021. Previously, Arimo has served as CFO at Purmo Group
and at Kamux, and in many different executive positions in financial
administration at Nokia.

“I am very pleased to have an all-round professional like Tapio join Tokmanni's
Executive Group. We are focusing on building Tokmanni into a customer-oriented
variety discount retailer of the future, in which cost-effectiveness and
seamless cooperation enable agile operations and the lowest price level. I
believe that Tapio has the strategic approach and expertise that his position
demands. I warmly welcome him to Tokmanni,” says Mika Rautiainen, President and
CEO of Tokmanni.

“I'm enthusiastic about this opportunity to join Tokmanni's pros. It is great to
have a role in making Finland's largest discount retailer into a dynamic variety
discount retailer of the future. I feel that financial administration and IT
have a highly strategic role in supporting business growth opportunities,” says
Tapio Arimo.

For further information, please contact

Mika Rautiainen, President and CEO, tel. +358 20 728 6061,
mika.rautiainen(at)tokmanni.fi


Tokmanni in brief

Tokmanni is Finland's leading variety discount retailer. Some 4,100 Tokmanni
employees make customers' everyday life and special occasions easier by offering
a versatile and up-to-date assortment of Finnish and international brand-name
products and other high-quality products at prices that are always affordable.
With around 200 stores around Finland and an online store, Tokmanni is always
close to its customers. In 2021, Tokmanni's revenue was EUR 1,142 million and
comparable EBIT amounted to EUR 106 million. Tokmanni's shares are listed on
Nasdaq Helsinki.

Distribution

Nasdaq Helsinki
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