Changes in Silmäasema's Management Team

Silmäasema Oyj                
Stock Exchange Release                       
30 November 2018 at 09:15 EET

Sami Määttä, Business Director and a member of Silmäasema's management team, has resigned from the company. Määttä will continue in his current role and as a member of the management team until 21 December 2018.

Määttä's areas of responsibility in the management team are temporarily transferred to HR Director Sirkkaliisa Kulmala.

"I would like to thank Sami for the great work he has done with a big heart for Silmäasema. At his leadership, Silmäasema's network has grown to become a nationwide eyesight and eye healthcare expert chain. I wish Sami the best success going forward", says Anu Kankkunen, Interim CEO of Silmäasema.

Rauno Tenhunen, Head of Administration, will not continue as a member of the management team as of 21 December 2018. Tenhunen's tasks remain unchanged and he reports to CFO.

Members of Silmäasema's Management Team as of 21 December 2018 are Interim CEO, CFO Anu Kankkunen (chair), Commercial Director Anna Seppälä and HR Director Sirkkaliisa Kulmala.

As earlier communicated, Jussi Salminen will start as CEO of Silmäasema in early 2019 on a date to be announced later, however at the latest in the beginning of February.

Additional information

Anu Kankkunen, Interim CEO, CFO tel. +358 50 669 69

SILMÄASEMA OYJ

Anu Kankkunen
Interim CEO, CFO

Tuukka Hirvonen
Head of Communications and Investor Relations

Silmäasema is a Finnish company, which offers all products and services for optical retail and eye healthcare nationwide. Silmäasema is the largest private eye clinic provider offering eye surgeries and the second largest optical retail chain in Finland. The Silmäasema chain has over 150 stores and 14 eye clinics in Finland as well as ten stores in Estonia. The Silmäasema chain employs close to 1,000 eye healthcare professionals. Silmäasema's Group net sales were EUR 118.3 million in 2017 and adjusted EBITDA was EUR 11.8 million.