Representatives of the fouour largest shareholders registered in Tokmanni Group's shareholder register as of 1 September 2022 are elected to the Tokmanni's Shareholders' Nomination Board along with the Chairman of the
Board of Directors, Seppo Saastamoinen, as an expert member. The Nomination Board is responsible for preparing proposals covering the composition of the Board of Directors and remuneration of the Board
members to the Annual General Meeting 2023. The four largest shareholders have nominated following members to Tokmanni's Shareholders Nomination Board: Takoa Invest, Jari Sonninen; Varma Mutual Pension Insurance Company, Hanna Kaskela; Ilmarinen Mutual Pension Insurance Company, Esko Torsti. Elo Mutual Pension Insurance Company, Jukka Vähäpesola.