Tokmanni Group Oyj - Other information disclosed according to the rules of the Exchange

Proposal of the Shareholders' Nomination Board for the composition and remuneration of Tokmanni Group's Board of Directors

Tokmanni Group Corporation        Stock exchange release        22 January 2025
at 11:00 am

The Shareholders' Nomination Board of Tokmanni Group Corporation proposes to the
Annual General Meeting that the number of the members of the Board of Directors
remains the same and be six.

The Nomination Board proposes that the current members of the Board of Directors
Seppo Saastamoinen, Erkki Järvinen, Ulla Serlenius, Mikko Bergman and Eja
Tuominen will be re-elected. The Nomination Board also proposes that Erja Hyrsky
will be elected as a new member to the Board of Directors. Current Member of the
Board of Directors Harri Sivula has notified that he is no longer available to
be elected as a member of the Board.

Erja Hyrsky has extensive and long-term experience in retail business both in
Finland and abroad. She is currently working in retail management position in
Sweden. Hyrsky has in-depth expertise in the business of international and
domestic suppliers, including Unilever and Procter & Gamble. Understanding
supplier operations is also important in Tokmanni Group's business.

All proposed persons have granted their consent to being elected. The
information relevant considering their service for the Board of Directors is
available on Tokmanni Group Corporation's website at
ir.tokmanni.fi/en/agm2025 (https://ir.tokmanni.fi/en/investors/corporate
-governance/general-meeting/agm2025).

All proposed persons are determined independent of the company and its major
shareholders except Seppo Saastamoinen who is dependent of the company and its
major shareholders.

The Nomination Board proposes to the Annual General Meeting that Seppo
Saastamoinen be re-elected as the Chairman of the Board of Directors.

Remunerations of the members of the Board of Directors

The Shareholders' Nomination Board proposes that the remunerations of the
members of the Board of Directors are as follows:

  · The Chairman of the Board of Directors will be paid EUR 70,000 as annual
remuneration;
  · The Deputy Chair of the Board of Directors will be paid EUR 47,000 as annual
remuneration; and
  · A member of the Board of Directors will be paid EUR 33,000 as annual
remuneration.

In addition, the Chairman and the members of the Board of Directors will be paid
an attendance fee per each meeting of the Board of Directors as follows:

  · EUR 1,000 for those members of the Board of Directors who are domiciled in
Finland;
  · EUR 2,000 for those members of the Board of Directors who are domiciled
elsewhere in Europe; and
  · EUR 3,000 for those members of the Board of Directors who are domiciled
outside Europe.

In addition, the Chairman of the Finance and Audit Committee and the Sustainable
and Personnel Committee will be paid EUR 1,000 as monthly remuneration.

The annual remuneration of the members of the Board of Directors is paid in
company shares and in cash so that approximately 40% of the annual fee is paid
in the company shares and the rest is paid in cash. The company will pay any
costs and transfer tax related to the purchase of the company shares. The shares
purchased for the Board member cannot be transferred until 3 years have passed
from the date of purchase or before the Board member's membership in the Board
has ended, whichever is earlier.

Board members' meeting fees and the Chairman of the Finance and Audit
Committee's and the Sustainable and Personnel Committee's remuneration will be
paid in cash.

Members of the Shareholders' Nomination Board

The Nomination Board consists of Hanna Kaskela, a representative nominated by
Varma Mutual Pension Insurance Company, Esko Torsti, a representative nominated
by Ilmarinen Mutual Pension Insurance Company, Ville Tiainen, a representative
nominated by Evli Fund Management Company and Jari Sonninen, a representative
nominated by Takoa Invest Oy as well as Seppo Saastamoinen as an expert member.
Tokmanni Group's Nomination Board is chaired by Jari Sonninen.

For further Information, please contact

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

Tokmanni Group in brief

Tokmanni Group Corporation is one of the leading variety discount retailers in
the Nordics. More than 6,000 employees in Finland, Sweden and Denmark make
customers' everyday life and special occasions easier by offering a versatile
and up-to-date assortment of nordic and international brand-name products and
other high-quality products at prices that are always affordable. With more than
370 Tokmanni, Dollarstore, Big Dollar, Click Shoes and Shoe House stores and
online stores, the Group is always close to its customers. In 2023, the Group's
revenue was EUR 1,393 million and comparable EBIT amounted to EUR 99 million.
The Tokmanni Group Corporation's shares are listed on Nasdaq Helsinki.

Distribution

Nasdaq Helsinki
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