Board of Directors

Esa Kiiskinen, b. 1963, Kauppaneuvos (an honorary title granted by the President of the Republic of Finland), Business College Graduate.

Chair, Chair of the Remuneration Committee
Independence: He is considered not to be independent of the Company (entity controlled by him has a chain agreement with a Kesko Group company) but to be independent of its significant shareholders.

Domicile: Helsinki, Finland.
Principal occupation: Food retailer.
Main employment history: K-food retailer since 1990.
Main positions of trust: Taaleri Plc: member of the Board 2014-2019; Confederation of Finnish Industries EK: Chair of the Delegation for Entrepreneurs 2012-2014; Confederation of Finnish Industries EK: Vice-Chair of the Board 2012-2014; Finnish Family Firms Association: member of the Board 2011-2012; The Foundation for Vocational Training in the Retail Trade: Chair of the Board 2008-2012; Saija ja Esa Kiiskinen Oy: Chair of the Board 1995-; Finnish Commerce Federation: member of the Board 2008-2012; K-Retailers' Association: Chair of the Board 2008-2012; Vähittäiskaupan Tilipalvelu VTP Oy: member of the Board 2008-2012.
Board member since: 30 March 2009.

Kesko shares held:
31 December 2020: 7,004 B shares held by him and 447,200 A shares held by him and entities controlled by him.
31 December 2021: 8,180 B shares held by him and 459,200 A shares held by him and entities controlled by him.

Peter Fagernäs, b. 1952, Master of Laws.

Deputy Chair, Deputy Chair of the Remuneration Committee
Independence: He is considered to be independent of the Company and of its significant shareholders.

Domicile: Helsinki, Finland.
Principal occupation: Chairman of the Board
Main employment history: Hermitage & Co Oy: Chairman of the Board 2003-, Pohjola Group Plc: Chairman of the Board 2001–2003, Conventum Ltd: CEO 1996-1999 and Chairman of the Board 1999-2002, Merita Bank Ltd: member of management board 1995-1996, Prospectus Ltd: CEO 1993-1995, Kansallis-Osake-Pankki: 1977-1993. 
Main positions of trust: Oy Hermitage Ab: Chairman of the Board 2003–, Taaleri Plc: Chairman of the Board 2007-2020, Amanda Capital Plc: member of the Board 2007–2011, Winpak Ltd: member of the Board 2006–2011, Fortum Corporation: Chairman of the Board 2004-2009.
Board member since: 11 April 2018.

Kesko shares held: 
31 December 2020: 12,337 B shares and 4,000 A shares held by him.
31 December 2021: 13,064 B shares and 4,000 A shares held by him.

Jannica Fagerholm, b. 1961, Master of Science (Economics).

Chair of the Audit Committee
Independence: She is considered to be independent of the Company and of its significant shareholders.

Domicile: Helsinki, Finland.
Principal occupation: Managing Director.
Main employment history: Signe and Ane Gyllenberg Foundation: Managing Director 2010-; SEB Gyllenberg Private Bank: Managing Director 1999-2010; Handelsbanken Liv Finland: Country Director 1998-1999.
Main positions of trust: Sampo plc: member of the Board 2013-; Solidium Oy, member of the Board 2019-, Kelonia Ab, member of the Board 2010-; Veritas Pension Insurance, member of the Supervisory Board 2010-; The Society of Swedish Literature in Finland, member of the Board 2015-, member of the Financial Board 2001-2015; Eira Hospital Ltd: member of the Board 2010-; Föreningen Stiftelser och Fonder (Säätiöt ja rahastot ry): Chair of the Board 2022-, Hanken School of Economics: member of the Board 2008-2022, Chair of the Board 2019-2021; Teleste Corporation: member of the Board 2013-2020; Aktia Abp: member of the Board 2012-2013; Partiosäätiö foundation: member of the Board 1997-2013. 
Board member since: 4 April 2016.

Kesko shares held:
31 December 2020:  8,337 B shares held by her. 
31 December 2021:  9,064 B shares held by her. 

Piia Karhu, b. 1976, Doctor of Science, Economics and Business Administration. 

Member of the Audit Committee
Independence: She is considered to be independent of the Company and of its significant shareholders.

Domicile: Kauniainen, Finland.
Principal occupation: President
Main employment history: Metso Outotec: President, Metals business area 2022-, SVP Business Development 2020-2022; Finnair Plc: Senior Vice President, Customer Experience and member of the Executive Board 2016-2020. Various leadership positions at Finnair Plc since 2013. Previously worked as a management consultant for 12 years at Ernst & Young and Capgemini.
Main positions of trust: -
Board member since: 11 April 2018.

Kesko shares held:
31 December 2020: 3,257 B shares held by her.
31 December 2021: 3,805 B shares held by her.

Jussi Perälä, b. 1970, retailer, Business College Graduate

Independence: He is considered not to be independent of the Company (entity controlled by Perälä has a chain agreement with a Kesko Group company), but to be independent of its significant shareholders.

Domicile: Helsinki, Finland
Principal occupation: Retailer, J & M Perälä Oy
Main employment history: Retailer: K-Rauta Oulunkylä 2014- and K-Rauta Procenter Pasila 2020-, K-Rauta Palokka Jyväskylä 2010-2014, Rautia-maatalous Vasarakatu Jyväskylä 2003-2010, K-Rauta Kangasniemi 1998-2008, K-Rauta Laukaa 1997-2013, Rautia Joutsa 1997-2012, K-Rauta Toivakka 1997-2005.
Main positions of trust: K-Retailers' Association: Vice Chairman of the Board 2016-, Board member 2009-2014, K-rautakauppiasyhdistys: Board member 2008, Vice Chairman of the Board 2009-2014, Vähittäiskaupan Takaus Oy: Board member 2018-, Vähittäiskaupan Tilipalvelu Oy: Board member 2017-, Finnish Hardware Association: Board member 2009-2011 and 2016-, Rautia Chain Board: Chairman 2008, member 2001-2007, K-Rauta planning group: 2011-2014. 
Board member since: 12 April 2021 

Kesko shares held: 
15 January 2021: held by him and entities controlled by him 105,910 A shares and 95,593 B shares.
31 December 2021: held by him and entities controlled by him 133,000 A shares and 96,192 B shares.

Toni Pokela, b. 1973, retailer, EMBA.

Independence: He is considered not to be independent of the Company (entity controlled by him has a chain agreement with a Kesko Group company) and of significant shareholders (Chair of the Board of a significant Company shareholder, the K-Retailers’ Association).

Domicile: Helsinki, Finland.
Principal occupation: Food retailer.
Main employment history: K-food retailer since 1997.
Main positions of trust: Chamber of Commerce: member of the Board 2021-; Finnish Commerce Federation: member of the Board 2017-; Finnish Tennis Federation: Chair of the Board 2017-, member of the Board 2014-2016; K-Retailers' Association: Chair of the Board 2016-, member of the Board 2008-2012;  Pokela Oy Iso Omena: member of the Board and Managing Director 1998-; Iso Omenan Yrittäjäyhdistys ry: Chair of the Board 2003-; Foundation for Vocational Training in the Retail Trade: Chair of the Board 2016-; Confederation of Finnish Industries EK: member of the Skilled Workforce Committee 2014-2016, member of the Delegation for Entrepreneurs 2017-;  K-instituutti Oy: Deputy Chair of the Board 2010-2012; Vähittäiskaupan Takaus Oy: member of the Board 2010-2012; K-Food Retailers' Club: Chair of the Board 2010-2012; Deputy Chair 2008-2010; Finnish Grocery Trade Association: member of the Board 2010-2011.
Board member since: 16 April 2012.

Kesko shares held:
31 December 2020: 3,257 B shares held by him and 745,600 A shares held by entities controlled by him.
31 December 2021: 4,465 B shares held by him and 757,600 A shares held by entities controlled by him.

Timo Ritakallio, born 1962, Doctor of Science (Technology), Master´s degree in law (LL.M.), MBA. 

Deputy Chair of the Audit Committee, Member of the Remuneration Committee
Independence: He is considered to be independent of the Company and of its significant shareholders.

Residence: Helsinki, Finland. 
Main occupation: President and Group Chief Executive Officer.
Career: OP Financial Group: President and Group Chief Executive Officer 2018-, Ilmarinen Mutual Pension Insurance Company: President and CEO 2015-2018, Deputy Chief Executive Officer 2008-2015, Pohjola Bank Group: Deputy Executive Officer and Vice Chairman of the Executive Committee 2006-2008, OKO Bank: Deputy Chief Executive Officer and Member of the Executive Board 2001-2005, OKO Bank: Executive Vice President and Member of the Executive Board 1997-2001, Opstock Securities Ltd: Managing Director 1993-1997, Uudenkaupungin Seudun Osuuspankki: Managing Director 1991-1993.
Key positions of trust: Finance Finland, FFI: Chairman of the Board of Directors 2020-2021, Deputy Chairman of the Board of Directors 2022-, Member of the Board of Directors 2017-2019, Confederation of Finnish Industries EK: Member of the Board of Directors 2020-2021, Finnish Chamber of Commerce: Member of the Board of Directors 2019-, Chairman of the Board 2022-, OP Corporate Bank plc: Chairman of the Board of Directors 2018-, Pohjola Insurance Ltd: Chairman of the Board of Directors 2018-, The Finnish Olympic Committee: Chairman of the Board of Directors 2016-2020, Outotec Oyj: Vice Chairman of the Board of Directors 2013-2019, Technopolis Oyj: Member of the Board of Directors 2008-2015, Nasdaq OMX Nordic Inc: Member of the Board of Directors 2003-2011, SSH Communication Security Oyj: Member of the Board of Directors 2003-2009.
Board member since: 12 April 2021

Kesko shares held: 
14 January 2021: 2,000 A shares held by him.
31 December 2021: 2,000 A shares and 548 B shares held by him.