Compositions of Kesko Corporation's Board Committees

KESKO CORPORATION STOCK EXCHANGE RELEASE 07.04.2014 AT 16.00 1(1)

Compositions of Kesko Corporation's Board Committees

The organisational meeting of Kesko Corporation's Board of Directors, held after the Annual General Meeting, kept the compositions of the Audit Committee and the Remuneration Committee unchanged.

After the Annual General Meeting, Kesko Corporation's Board of Directors held an organisational meeting and re-elected Maarit Näkyvä as the Chair, Seppo Paatelainen as the Deputy Chair and Virpi Tuunainen as a member of the Audit Committee, and Esa Kiiskinen as the Chair, Seppo Paatelainen as the Deputy Chair and Ilpo Kokkila as a member of the Remuneration Committee.

Based on the Board's independence evaluation, all members of the Audit Committee are independent of the company and its significant shareholders. Based on the evaluation, all members of the Remuneration Committee are also independent of the company's significant shareholders and their majority is independent of the company. The Committees fulfil the independence requirements of the Finnish Corporate Governance Code for Listed Companies.

The Board elects the Board Chair and the Deputy Chair for the whole three-year term of Board members, and the Committee Chairs, Deputy Chairs and members for one year at a time.

Further information is available from Corporate Secretary, Director Mika Majoinen, telephone +358 10 53 22206.

Kesko Corporation

Harri Utoslahti
Communications Manager

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