Kesko Oyj - Company Announcement

Compositions of Kesko Corporation Board Committees

KESKO CORPORATION STOCK EXCHANGE RELEASE 04.04.2016 AT 16.35 1(1)

Compositions of Kesko Corporation Board Committees

The organisational meeting of Kesko Corporation's Board of Directors, held after
the Annual General Meeting, elected Jannica Fagerholm as the Chair of the Audit
Committee. In other respects, the compositions of Kesko's Audit Committee and
Remuneration Committee remained unchanged.

After the Annual General Meeting, Kesko Corporation's Board of Directors held an
organisational meeting in which it elected M.Sc. (Econ.) Jannica Fagerholm as
the Chair of the Audit Committee, re-elected eMBA Mikael Aro as its Deputy Chair
and M.Sc. (Econ.) Matti Kyytsönen as its member. Business College Graduate Esa
Kiiskinen (Ch.), Mikael Aro (Dep. Ch.) and M.Sc. (Econ.) Anu Nissinen were re-
elected to the Board's Remuneration Committee.

Based on the Board's independence evaluation, all Board members, except for
Matti Naumanen, are independent of the Company's significant shareholders.
Naumanen is a member of the Board of the Company's significant shareholder, the
K-Retailers' Association. All Board members, except for Esa Kiiskinen, Matti
Naumanen and Toni Pokela, are also independent of the Company. Each of the
companies controlled by Kiiskinen, Naumanen and Pokela has a chain agreement
with a Kesko Group company.

The Committees' compositions fulfil the independence requirements referred to in
the Finnish Corporate Governance Code for listed companies.

The Board elects the Board Chair and the Deputy Chair for the whole three-year
term of office of Board members, and the Committee Chairs, Deputy Chairs and
members for one year at a time.

Further information is available from Corporate Secretary, Director Mika
Majoinen, telephone +358 105 322 206.


Kesko Corporation



Harri Utoslahti
Communications Manager


DISTRIBUTION
NASDAQ OMX Helsinki Ltd
Main news media
www.kesko.fi

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