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         25 October 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 17,928 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 86,345 treasury shares. The resolutions of the Annual General Meeting were announced in a stock exchange release on 4 April 2024.

Verkkokauppa.com Oyj

For more information, please contact:

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

Distribution:
Nasdaq Helsinki
Main media
www.verkkokauppa.com

Verkkokauppa.com is a leading Finnish consumer electronic and home & leisure product retailer serving consumer and business customers online and through four megastores. We strive to accelerate the online transition of retail by surpassing customers' expectations every day. Verkkokauppa.com was founded in 1992 and caters around 80 million annual online visitors with a cost-efficient and scalable business model. Verkkokauppa.com’s revenue in 2023 was EUR 503 million and it employs around 600 sales and retail professionals. Verkkokauppa.com is listed on the Nasdaq Helsinki Stock Exchange (VERK).