Change in Kamux’s Management Team: Tapio Arimo to take up new responsibilities outside Kamux

KAMUX CORPORATION   STOCK EXCHANGE RELEASE   7 January, 2019 9:30

Change in Kamux’s Management Team: Tapio Arimo to take up new responsibilities outside Kamux

Mr. Tapio Arimo, Kamux’s CFO and Member of the Management Team, has decided to leave to take up new responsibilities outside the company. He has worked in the company since 2015, and will continue in his current position until 12 April, 2019.

"I would like to express my warmest thanks to Tapio Arimo for his contribution to Kamux’s success. He played an important part in Kamux’s development and stock exchange listing. I wish Tapio all the best in his future tasks,” CEO Juha Kalliokoski says.

The recruitment process for a new CFO will start immediately.

Kamux Corporation

For more information:

Juha Kalliokoski, CEO

Tel. +358 50 544 5538

Kamux Corporation is a retail chain specializing in the sale of used cars and related integrated services that has grown rapidly. The first Kamux car showroom started its operations in 2003 in Hämeenlinna, Finland and the company currently has 45 car showrooms in Finland, thirteen in Sweden and four in Germany. Since its founding, the company has sold more than 190,000 used cars, of which 40,957 were sold in 2017. Kamux’s revenue reached EUR 454.9 million in 2017. In 2017, Kamux’s average number of employees was 418 in terms of full-time equivalent employees. The shares of Kamux are listed on Nasdaq Helsinki.

www.kamux.com