Tokmanni Group Corporation        Stock exchange release        16 August 2022 at 15:40 pm

Tapio Arimo, M.Sc. (Econ.), has been appointed as Tokmanni's new CFO and CIO and a member of the Executive Group. He will start in his position by 1 December 2022 at the latest. Arimo will join Tokmanni from Haltian Oy, where he has served as the CFO since 2021. Previously, Arimo has served as CFO at Purmo Group and at Kamux, and in many different executive positions in financial administration at Nokia.

"I am very pleased to have an all-round professional like Tapio join Tokmanni's Executive Group. We are focusing on building Tokmanni into a customer-oriented variety discount retailer of the future, in which cost-effectiveness and seamless cooperation enable agile operations and the lowest price level. I believe that Tapio has the strategic approach and expertise that his position demands. I warmly welcome him to Tokmanni," says Mika Rautiainen, President and CEO of Tokmanni.

"I'm enthusiastic about this opportunity to join Tokmanni's pros. It is great to have a role in making Finland's largest discount retailer into a dynamic variety discount retailer of the future. I feel that financial administration and IT have a highly strategic role in supporting business growth opportunities," says Tapio Arimo.

For further information, please contact

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

Tokmanni in brief

Tokmanni is Finland's leading variety discount retailer. Some 4,100 Tokmanni employees 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 around 200 stores around Finland and an online store, Tokmanni is always close to its customers. In 2021, Tokmanni's revenue was EUR 1,142 million and comparable EBIT amounted to EUR 106 million. Tokmanni's shares are listed on Nasdaq Helsinki.

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