Tokmanni Group’s Board of Directors establishes Sustainability and Personnel Committee

Tokmanni Group Corporation     Stock exchange release     27 October 2023 at 8:00 a.m.

The Board of Directors of Tokmanni Group Corporation has decided to establish a new Board committee to prepare matters pertaining to sustainability and personnel. The Sustainability and Personnel Committee will assist the Board of Directors of Tokmanni Group Corporation in matters related to the environment, society and governance (ESG). Equally, the Committee will advise the Board on matters relating to the remuneration, performance evaluation, appointment and successor planning of the Group’s President and CEO and other senior executives. The Committee will also assist the Board in the preparation and assessment of the Group’s remuneration policy and the annual remuneration report.

The Board has elected the following members to the Sustainability and Personnel Committee: Ulla Lettijeff, Erkki Järvinen and Thérèse Cedercreutz. Ulla Lettijeff was elected as Chairman of the Committee. The term of office of the members of the Board of Directors ends at the close of the Annual General Meeting following their election.

For further information, please contact

Tapio Arimo, CFO, tel. +358 20 728 7390, tapio.arimo(at)tokmanni.fi
Maarit Mikkonen, Head of IR and Communications, tel. +358 40 562 2282, maarit.mikkonen(at)tokmanni.fi

Tokmanni Group in brief

Tokmanni Group is one of the leading variety discount retailers in the Nordics. Around 5,400 Tokmanni employees in Finland, Sweden and Denmark make customers’ everyday life and special occasions easier by offering a versatile and up-to-date assortment of Finnish and international brand-name products and other high-quality products at prices that are always affordable. With more than 360 Tokmanni, Dollarstore, Big Dollar, Miny, Click Shoes and Shoe House stores and online stores, Tokmanni is always close to its customers. In 2022, Tokmanni’s revenue was EUR 1,168 million and comparable EBIT amounted to EUR 86 million. Tokmanni's shares are listed on Nasdaq Helsinki.

Distribution

Nasdaq Helsinki
Key Media