Tokmanni Group Oyj - Changes board/management/auditors

Tokmanni Group Corporation: CEO Heikki Väänänen to leave the company by the end of September

Tokmanni Group Corporation             Company release                  25 April
2017               at 4 p.m. EEST

Tokmanni Group's CEO Heikki Väänänen to leave the company by the end of
September

Tokmanni's CEO Heikki Väänänen has decided to leave the company by 30 September
2017.

" I have served as Tokmanni's CEO for eight years, a period during which the
company has undergone major change and has been developed in a determined way.
Tokmanni has had a good start as a public company and has transferred into a new
strategy period. This is a natural point for me to step down and pass
responsibility over to a new leader", says Heikki Väänänen.

"Heikki has had a key position in Tokmanni's development, of which the latest
manifestation is our successful IPO. We want to thank Heikki for his long and
meritorious work at Tokmanni", says Chairman of the Board Harri Sivula.

Heikki Väänänen has been employed by Tokmanni since 2009. Tokmanni has initiated
the successor recruitment process.

TOKMANNI GROUP CORPORATION



For more information:

Harri Sivula, Chairman of the Board Tel. +358 50 656 92



Tokmanni in brief
Tokmanni is the largest general discount retailer in Finland measured by number
of stores and revenue. In 2016, Tokmanni's revenue was EUR 776 million and on
average it had approximately 3,200 employees. Tokmanni is the only nationwide
general discount retailer in Finland, with 162 stores across Finland as at 31
December 2016.


Distribution:
Nasdaq Helsinki Ltd
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