Changes in the Tokmanni Group Executive Team

Tokmanni Group is making changes in its Executive Team to drive Group’s international growth. Tokmanni Group's long-term vision is to become the leading discount retailer in Northern Europe.

Anders Kind, Managing Director of Sweden and Denmark, has been appointed as a new member of the Group’s Executive Team. Previous members of the Executive Team, Vice Presidents Harri Koponen and Veli-Pekka Ääri will take on broader responsibilities for the commercial management of the Finnish operations and the growth of the SPAR business.

As a result of these changes, the Tokmanni Group Executive Team will, as of 16 January 2025, consist of the following members:

·        Mika Rautiainen, Group CEO

·        Tapio Arimo, CFO and CIO, Deputy to CEO

·        Timo Heimo, Chief Supply Chain Officer

·        Sirpa Huuskonen, Chief People, Culture and Sustainability Officer

·        Anders Kind, Managing Director Sweden and Denmark

·        Virpi Ojanen, Chief Legal Officer

·        Janne Pihkala, Chief Strategy and Development Officer

·        Juha Valtonen, Chief Sourcing and Buying Officer

“I believe that the composition and responsibilities of our Executive Team are well suited to the current situation of the Tokmanni Group, where we continue to grow our scale and footprint, while at the same time we are increasing the efficiency of our operations. I wish the members of the Executive Team and all the key employees at Tokmanni Group success in their current and new roles,” says Mika Rautiainen, Tokmanni Group CEO.

More information about the members of the Tokmanni Executive Team can be found at https://ir.tokmanni.fi/en/investors/corporate-governance/executive-group

For further information, please contact:

Mika Rautiainen, CEO, Tokmanni Group, tel +358 20 728 6061. mika.rautiainen(at)tokmanni.fi

Tokmanni Group in brief

Tokmanni Group Corporation is one of the leading variety discount retailers in the Nordics. More than 6,000 employees in Finland, Sweden and Denmark make customers’ everyday life and special occasions easier by offering a versatile and up-to-date assortment of nordic and international brand-name products and other high-quality products at prices that are always affordable. With more than 370 Tokmanni, Dollarstore, Big Dollar, Click Shoes and Shoe House stores and online stores, the Group is always close to its customers. In 2023, the Group's revenue was EUR 1,393 million and comparable EBIT amounted to EUR 99 million. The Tokmanni Group Corporation's shares are listed on Nasdaq Helsinki.