Kamux Oyj - Changes board/management/auditors

Altti Väisänen appointed as Kamux's Director, Business Development

Kamux Corporation, Stock Exchange Release, 13.9.2024 at 9:30

Altti Väisänen appointed as Kamux's Director, Business Development

Altti Väisänen (40, M.Sc.Econ.) has been appointed Director, Business
Development, Car Flow & Data, at Kamux Corporation and a member of the Group
Management Team as of October 10, 2024. In his role, Väisänen is responsible for
Kamux Group's car-related presales processes as well as the company's strategy
implementation and data activities. He will be based in Espoo, Finland, and
report to CEO Tapio Pajuharju.

Most recently Väisänen worked at the U.S.-based Massachusetts Bay Transportation
Authority, where he held the position of Senior Director, Strategy and Special
Projects. Prior to that, he worked as Director, Supply Operations & Logistics at
Swappie, and at VR Group for example as VP of Strategy & Corporate Development.
In addition, he has worked at Assistor Oy and Avelon Autologistics Oy, which are
closely linked to the automotive industry, as well as at Bain & Company.

CEO Tapio Pajuharju: “I am extremely happy to welcome Altti Väisänen to Kamux.
Acceleration of strategy implementation, developing car related processes, and
data driven decision making are crucial for customer satisfaction and our
success. Altti has extensive experience and an impressive track record of
building efficient company-wide processes with a customer-centric approach, as
well as successful implementation of strategic initiatives. In addition, Altti
brings to our management team valuable process know-how and significant
experience in the presales process of cars.”

Altti Väisänen: ”I am very excited for the opportunity to join Kamux on its path
to profitable growth and to continue the strategy implementation as well as
building scale and standardization in Kamux's car flow together with Kamux
employees and customers. I was impressed with the customer-focused
entrepreneurial mindset and the can-do attitude of the organization.”

The members of the Group Management Team are:
Tapio Pajuharju, CEO;
Jukka Havia, CFO;
Jani Koivu, Managing Director, Kamux Finland;
Martin Verrelli, Managing Director, Kamux Germany;
Aino Hökeberg, Chief Marketing and Concept Officer, interim Managing Director,
Kamux Sweden;
Jarkko Lehtismäki, Chief Digital Officer;
Marjo Nurmi, Chief People and Sustainability Officer (until Sept 30, 2024); and
Altti Väisänen, Director, Business Development, Car Flow & Data (as of Oct 10,
2024)

For more information, please contact:
Tapio Pajuharju. CEO, tel. +358 50 577 4200
Marjo Nurmi, Chief People and Sustainability Officer, tel. +358 50 632 16

Kamux Corporation
Communications

Kamux is a retail chain specialized in preowned cars and related integrated
services that has grown rapidly. Kamux combines online shopping with an
extensive showroom network to provide its customers with a great service
experience anytime, anywhere. In addition to digital channels, the company has a
total of 73 car showrooms in Finland, Sweden and Germany. Since its founding in
Hämeenlinna, Finland, in 2003 the company has sold over 500,000 used cars,
68,257 of which were sold in 2023. Kamux's revenue in 2023 was EUR 1,002 million
and its average number of employees was 885 in terms of full-time equivalent
employees. Kamux Corporation is listed on Nasdaq Helsinki Ltd. For more
information, please visit www.kamux.com (https://www.kamux.com/en/)