Kesko Oyj - Other information disclosed according to the rules of the Exchange

Kesko Corporation to transfer own shares held by the company as treasury shares

The Board of Directors of Kesko Corporation has decided to implement the
resolution made by the Annual General Meeting on 26 March 2024 to pay
approximately 30% of the annual fees for members of the Board in B series shares
in the company, by using B shares held by the company as treasury shares in the
payment of the share portion of the fees.

The total number of shares to be transferred is 7,789 B shares which, in line
with the General Meeting resolution, corresponds to approximately 30% of the
annual fee of each Board member calculated on the closing price of 23 April
2024. The transfer of the shares will take place, in line with the General
Meeting resolution, on the first working day to follow the publication of the
interim report for the first quarter of 2024. The General Meeting resolution was
communicated in a stock exchange release on 26 March 2024.

The transfer of the shares is based on the authorisation granted to the Board of
Directors by the General Meeting on 26 March 2024.

Further information is available from Lasse Luukkainen, Group General Counsel,
tel. +358 105 322 818.

Kesko Corporation

DISTRIBUTION
Nasdaq Helsinki Ltd
Main news media
www.kesko.fi

Attachments:

04257697.pdf