2017-02-17 07:04:02 CET

2017-02-17 07:04:02 CET


REGULATED INFORMATION

Finnish English
Kotipizza Group Oyj - Changes board/management/auditors

Kotipizza Group Oyj: Changes in Kotipizza Group's Executive Board


Kotipizza Group Oyj

Stock Exchange Release 17 February 2017 at 8.05 am (EET)

Changes in Kotipizza Group's Executive Board

Olli Väätäinen has resigned from his position as Chief Operating Officer of
Kotipizza Group Oyj and member of the Executive Board. Väätäinen will take up
the position of CEO for Solteq Oyj.

Väätäinen will stay in his position until 31 March, 2017. The company will begin
immediately the search process for a new COO.

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.

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