According to the notification, on 8 November 2024, BlackRock, Inc.'s holding in Kesko Corporation, including holding through financial instruments, fell below the threshold of five (5) per cent of shares.

According to the notification of BlackRock, Inc.:

% of % of shares Total Total number of shares
shares and voting of and voting rights of
and rights both issuer
voting through in %
rights financial (A +
(total instruments B)
of A) (total of B)
Resulting Below Below 5% Below 400,079,008 shares
situation on the 5% shares 5% 1,542,611,260 voting
date on shares Below 5% shares rights
which threshold Below voting rights Below
was crossed or 5% 5%
reached voting voting
rights rights
Position of 4.98% 0.05% shares 5.03% ------------------------
previous shares Below 5% shares
notification Below voting rights Below
(if applicable) 5% 5%
voting voting
rights rights

A: Shares
and voting
rights
Class/type Number % of shares and voting rights
of of
shares shares
and
voting
rights
Direct Indirect Direct Indirect
(SMA 9:5) (SMA 9:6 (SMA 9:5) (SMA 9:6 and 9:7)
and 9:7)
FI0009000202 Below 5% Below 5% shares
shares Below 5% voting rights
Below 5%
voting
rights
SUBTOTAL A Below 5% Below 5% shares
shares Below 5% voting rights
Below 5%
voting
rights

B: Financial
Instruments
according
to SMA 9:6a
Type of Expiration Exercise/ Physical Number % of shares
financial date Conversion or of and voting
instrument Period cash shares rights
settlement and
voting
rights
American N/A N/A Physical Below 5% Below 5%
Depositary shares shares
Receipt Below 5% Below 5%
(US4925311080) voting voting rights
rights
Securities N/A N/A Physical Below 5% Below 5%
Lent shares shares
Below 5% Below 5%
voting voting rights
rights
SUBTOTAL B Below 5% Below 5%
shares shares
Below 5% Below 5%
voting voting rights
rights

Kesko Corporation's share capital is divided into A shares and B shares. The total number of shares is 400,079,008 of which 126,948,028 (31,7%) are A shares and 273,130,980 (68.3%) are B shares. The total amount of own B shares held by the company is 2,122,600.

The full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity is presented in the enclosed attachment.

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

Kesko Corporation

DISTRIBUTION
Nasdaq Helsinki Ltd
Main news media
www.kesko.fi

Attachment: Annex