Stockmann - Inside information

Proposal of the shareholders’ Nomination Board for the composition and remuneration of Stockmann’s Board of Directors

STOCKMANN plc, Company Announcement 17.1.2017 at 8:00 EET
Stockmann’s shareholders’ Nomination Board has in its meeting decided to propose
the following to the Annual General Meeting, which will be held on 23 March
2017:

The Nomination Board proposes that the number of members of the Board of
Directors remain eight.

The shareholders’ Nomination Board proposes that the present members of the
Board of Directors, Kaj-Gustaf Bergh, Jukka Hienonen, Susanne Najafi, Leena
Niemistö, Michael Rosenlew, Per Sjödell and Dag Wallgren, all having given their
consents, be re-elected for the term of office continuing until the end of the
next Annual General Meeting.

Board member Torborg Chetkovich has informed that she will no longer be
available as member of the company's Board of Directors. The Nomination Board
proposes that LL.M, M.Sc.(Econ.) Esa Lager with his consent, be elected new
Board member for the term of office stated above. Esa Lager (b. 1959, Finnish
citizen) is professional Board member and he has earlier had several management
positions in the Outokumpu Group, e.g. as deputy to CEO and CFO.

The Nomination Board proposes that the remuneration of the members of the Board
of Directors remain at the present level.

Additional information on the member proposed by the Stockmann’s shareholders’
Nomination Board can be found on the company’s website
www.stockmanngroup.com (http://www.stockmanngroup.com/en/en). The proposals of
the Nomination Board will be included in the invitation to the Annual General
Meeting.

Magnus Bargum (nominated by Svenska litteratursällskapet i Finland) acts as
Chairman of Stockmann’s shareholders’ Nomination Board, and Kaj-Gustaf Bergh
(nominated by Föreningen Konstsamfundet rf.), Ole Johansson (nominated by HTT
STC Holding Oy Ab), Leena Niemistö (nominated by Kari Niemistö) and Stockmann’s
Chairman of the Board Jukka Hienonen act as members of the Nomination Board.

Further information:
Jukka Naulapää, Director, Legal Affairs, tel. +358 9 121 3850

www.stockmanngroup.com (http://www.stockmanngroup.com/en/en)

STOCKMANN plc

Lauri Veijalainen
CEO

Distribution:
Nasdaq Helsinki
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