Kotipizza Group Oyj - Company Announcement

Kotipizza Group Oyj: Kotipizza's Marketing Co-operative changes into Franchisee Co-operative

Kotipizza Group Oyj

Stock Exchange Release 30 May 2016 at 9.00 am (EET)

Kotipizza's Marketing Co-operative changes into Franchisee Co-operative

The members of the Marketing Co-operative of the Kotipizza chain, which is a
part of Kotipizza Group Oyj, have decided to change the co-operative into a
Franchisee co-operative.
The non-profit co-operative aims to co-operate with Kotipizza's management and
bring the franchisee point of view into decision making concerning the Kotipizza
chain. The Board of the Franchisee Co-operative is chosen by Kotipizza's
franchisees from among themselves.

The change is going to have a financial effect on Kotipizza Group Oyj. Funds
collected for Kotipizza's countrywide marketing, 4 per cent of the sales of the
Kotipizza chain, are going to be invoiced to the Kotipizza segment starting 1
July 2016. Previously, the funds were collected to the Marketing Co-operative,
independent of the Group. This will grow the segment's, and thus the Group's
turnover without affecting profit, but will have an effect on relative
profitability. In 2015, the Marketing Co-operative had a turnover of
approximately 3.2 million Euros.

Kotipizza Group Oyj
Tommi Tervanen, CEO

More information:
Tommi Tervanen, CEO
tel. +358 207 716 743

Timo Pirskanen, CFO
tel. +358 207 716 747

Kotipizza Group in brief

Kotipizza is a Finnish pizza chain founded in 1987. At the end of financial year
2015, the number of restaurants stood at 257 restaurants. In 2015, the sales of
Kotipizza restaurants were EUR 77.3 million. Kotipizza Group net sales were EUR
56.4 million for the financial year 2015 with a comparable EBITDA of EUR 5.03
million respectively.


[HUG#2016377]

Attachments:

Release Kotipizza Franchisee Co-operative.pdf