Transfer of shares held by Verkkokauppa.com Oyj for the payment of the remuneration to the Board of Directors - change in company’s treasury shares

Transfer of shares held by Verkkokauppa.com Oyj for the payment of the remuneration to the Board of Directors - change in company’s treasury shares

Verkkokauppa.com Oyj                 STOCK EXCHANGE RELEASE         19 July 2024 at 10:30 EEST

Based on the decision of the Annual General Meeting held on 4 April 2024, Verkkokauppa.com Oyj has today transferred a total of 15,014 treasury shares held by the company to certain members of the Board of Directors as part of the annual fees of the Board of Directors. The payable amount of annual remuneration was paid fully in cash to Samuli Seppälä.

According to the decision of the Annual General Meeting as a rule 50 percent of the annual Board fees will be paid in Verkkokauppa.com Oyj shares either purchased from the market or alternatively by using treasury shares held by the company.

After the transfer of the shares, Verkkokauppa.com Oyj holds 243,455 treasury shares. The resolutions of the Annual General Meeting were announced in a stock exchange release on 4 April 2024.

For more information, please contact:

Marja Mäkinen, Head of Investor Relations and Corporate Communications
Verkkokauppa.com Oyj
[email protected]
Tel. +358 40 671 2999

Verkkokauppa.com is an e-commerce pioneer that stands passionately on the customer’s side. Verkkokauppa.com accelerates the transition of commerce to online with Finland’s fastest deliveries and ultimate convenience. The company leads the way by offering one-hour deliveries to almost 700,000 customers, a winning assortment and probably always cheaper prices. Everyday, the company strives to find more streamlined ways to surpass its customers´ expectations and to create a new norm for buying and owning.

Verkkokauppa.com was founded in 1992 and has been online since day one. The company’s revenue in 2023 was EUR 503 million and it employs around 700 people. Verkkokauppa.com is listed on the Nasdaq Helsinki stock exchange.