Kesko Corporation has today transferred a total of 7,134 of its own B shares (KESKOB) held by the company as treasury shares to the members of Kesko's Board of Directors as part of their annual remuneration. In addition, Kesko has today transferred a total of 18,086 of its own B shares (KESKOB) held by the Company as treasury shares to members of RSP 2024 plan.

The transfer of shares to the members of the Board of Directors is based on the resolution made by Kesko's Annual General Meeting on 24 March 2025 to pay a portion of the Board members' annual fees in Kesko B shares. A Board member cannot transfer shares obtained in this manner until either three years have passed from the day the member has received the shares or their membership on the Board has ended, whichever comes first. The General Meeting resolution was communicated in a stock exchange release on 24 March 2025, and the Board decision to transfer treasury shares in a stock exchange release on 29 April 2025.

The transfer of the shares to the members of RSP 2024 plan is based on a decision by Kesko's Board of Directors, announced in a stock exchange release on 21 March 2025, to grant own B shares held by the Company on the basis of the terms of RSP 2024.

After the transfer of shares, Kesko Corporation holds 1,958,976 of its own B shares as treasury shares.

Further information is available from Lasse Luukkainen, Executive Vice President, Legal and Sustainability, tel. +358 105 322 818.

Kesko Corporation

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