Kesko Oyj - Changes board/management/auditors

Changes in Kesko's Group Management Board

KESKO CORPORATION STOCK EXCHANGE RELEASE 15.11.2017 AT 10.15 1(1)

Changes in Kesko's Group Management Board: Jorma Rauhala appointed President of
the building and technical trade division and deputy to Kesko's President and
CEO Mikko Helander, Ari Akseli appointed President of the grocery trade division
and member of Group Management Board

Jorma Rauhala, 52, M.Sc. (Econ.), who is a member of Kesko Corporation's Group
Management Board and currently acts as President of the grocery trade division,
will assume the position of President of the building and technical trade
division. He will also become deputy to Kesko's President and CEO Mikko
Helander. Ari Akseli, 45, M.Sc. (Econ.), is appointed a member of Kesko
Corporation's Group Management Board and President of the grocery trade
division. Akseli currently acts as the division's Vice President for Commerce.
The current President of the building and technical trade division and member of
the Group Management Board Terho Kalliokoski is leaving Kesko.

"Kesko's grocery trade has seen excellent progress in recent years under Jorma
Rauhala. I am convinced that under his leadership we can fully utilise the
potential in the building and technical trade while keeping the division on its
profitable growth track. Ari Akseli has had a central role in the implementation
of the grocery trade's strategy, and the division's development according to the
strategy will continue under his supervision. Terho Kalliokoski has had a long
and productive career in Kesko. I want to thank him for his valuable
contributions and wish him the best success going forward," says Kesko's
President and CEO Mikko Helander.

The appointments will take effect on November 15, 2017.

For further information:

Mikko Helander, President and CEO, Kesko Corporation, tel. +358 105 322 301

Karoliina Partanen, Senior Vice President, Communications and Identity, Kesko
Corporation, tel. +358 105 320 744

Kesko Corporation

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


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