HKScan Oyj - Changes board/management/auditors

Jari Latvanen appointed as HKScan’s new President and CEO

HKScan Corporation                   Stock Exchange Release 27 May 2016, at
9.00 am (EET) 

Jari Latvanen appointed as HKScan’s new President and CEO

HKScan’s Board of Directors has appointed Jari Latvanen (52), MBA, as its new
President and CEO. Latvanen will be joining HKScan from Stora Enso by the end
of November 2016 at the latest. Aki Laiho, COO, will continue to serve as the
deputy CEO until Latvanen assumes his new position. 

Jari Latvanen has served as a member of Stora Enso’s executive management team
and Head of Consumer Board since the beginning of 2015. He has previously
served as CEO of Findus Nordic, in numerous leadership positions at Nestlé, and
as sales and commercial director at HK Ruokatalo (today HKScan Finland) from
1995 to 2000. 

As commented by Mikko Nikula, Chairman of HKScan’s Board of Directors, “Jari
Latvanen has solid experience managing the entire food chain from farm to fork.
He also has a convincing track record of successful leadership in the
fast-moving consumer goods business in an international environment and
first-hand experience working on HKScan’s home markets. In my opinion, with
Jari as our leader, we can develop HKScan’s business towards even more consumer
and customer oriented direction thus making the corporation even stronger for
its personnel, customers and owners.” 

Jari Latvanen commented on his appointment as follows: “I am delighted to be
returning to HKScan and working with good food again. When I started out at HK
Ruokatalo back in the mid-90s, the company was going through a phase of major
transformation in Finland. Now we are seeing big global changes in the food
industry and retail – the market is changing rapidly and food is trendier than
ever.” 

“HKScan’s high-quality products, well-known brands, responsible operating
policy and skilled personnel are the very assets we need to succeed in this
ever-changing competitive environment and to develop the company on the course
set by the Board of Directors,” adds Latvanen. 

HKScan Corporation
Board of Directors

For further details:

- Mikko Nikula, Chairman of the Board of Directors, HKScan Corporation

- Jari Latvanen, HKScan’s forthcoming CEO.

To contact Nikula or Latvanen, kindly submit a callback request via Marja-Leena
Dahlskog, SVP Communications, tel. + 358 (0)10 570 2142 

Press conference today, 27.5.2016, at 2:00 pm (EET) in Helsinki: A media
conference concerning the appointment of HKScan Corporation’s new CEO will be
held today, Friday 27.5.2016 at 2.00 pm (EET) in the conference facilities at
Hotel Haven, address Unioninkatu 17, Helsinki. Please register in advance by
contacting Marja Siltala, VP Communications, marja.siltala@hkscan.com (tel.
+358 (0)10 570 2290). She will also provide additional information about the
event. 

HKScan is the leading Nordic meat expert. We sell, market and produce
high-quality, responsibly-produced pork, beef, poultry and lamb products,
processed meats and convenience foods under strong brand names. Our customers
are the retail, food service, industrial and export sectors, and our home
markets comprise Finland, Sweden, Denmark and the Baltics. We export to close
to 50 countries. In 2015, HKScan had net sales of approximately EUR 1.9 billion
and some 7 400 employees. 

DISTRIBUTION:
Nasdaq Helsinki
Key media
www.hkscan.com