Recomendaciones

chairman

Heikki Takamäki, b. 1947. Domicile: Tampere, Finland.

Principal occupation: Retailer, K-rauta Rauta-Otra Nekala.

Main employment history: Kesport-Intersport retailer 1995-1999. K-rauta retailer since 1979.

Board member since: 1 January 2001.

Main simultaneous positions of trust: –

Fees in 2004: EUR 49,380

Kesko shares and stock options held on 1 January 2004: 94,470 A shares and 42,120 B shares held by him or his company. No stock options. On 31 December 2004: 104,470 A shares and 42,120 B shares held by him or his company. No stock options.

deputy chairman (Chairman of the Audit Committee)

Matti Kavetvuo, b. 1944, M.Sc. (Tech.), B.Sc. (Econ.). Domicile: Helsinki, Finland.

Principal occupation: –

Main employment history: Instrumentarium Corporation: Presi- dent and CEO 1979-1984, Orion Corporation: President and CEO 1985-1991, Valio Ltd: President and CEO 1992-1999, Pohjola Group plc: Managing Director 2000-2001.

Board member since: 31 March 2003.

Main simultaneous positions of trust: Metso Corporation: Chair- man of the Board of Directors, Orion Corporation: Chairman of the Board of Directors, Suominen Corporation: Chairman of the Board of Directors, Alma Media Corporation: member of the Board of Directors, KCI Konecranes Plc: member of the Board of Directors, Marimekko Corporation: member of the Board of Directors, Perlos Corporation: member of the Board of Directors.

Fees in 2004: EUR 34,260

Kesko shares and stock options held on 1 January 2004: 2,000 B shares. No stock options. On 31 December 2004: 2,000 B shares. No stock options.

Matti Honkala, b. 1945, B.Sc. (Econ.). Domicile: Kauniainen, Finland.

Principal occupation: Kesko Corporation’s Managing Director and Kesko Group’s President and CEO.

Main employment history: employed by Kesko Corporation since 1966: Central Warehouse Director 1978-1980, Uusimaa District Director 1980-1982, Lahti District Director 1982-1985, Executive Vice President, Retail Support 1986-1989, Executive Vice Presi- dent, Administration and External Relations 1989-1997, Deputy Chairman 1997-1998. President and CEO since 1998.

Board member since: 1 January 1986.

Main simultaneous positions of trust: Employers’ Confederation of Service Industries (PT): Chairman of the Board of Directors, Con- federation of Finnish Industries EK: Deputy Chairman of the Board of Directors, UNICE: Council of Presidents member, the Finnish Fair Corporation: member of the Board of Directors, Varma Mutual Pension Insurance Company: Supervisory Board Chairman, Sampo Life Insurance Company Limited: Supervisory Board Chairman, Luottokunta: Supervisory Board Chairman, the Central Chamber of Commerce: Deputy Chairman of the Board of Directors, Finpro ry: Supervisory Board Chairman, the International Chamber of Com- merce (ICC); National Committee of Finland: Chairman of the Board of Directors, UGAL: member of the Board of Directors, the Research Institute of the Finnish Economy (ETLA): member of the Board of Directors of the association of the sponsoring organi- sations, Finnish Business and Policy Forum EVA: vice Chairman.

Fees in 2004: No Board member fees. Salary information is given in the corporate governance statement, p. 62.

Kesko shares and stock options held on 1 January 2004: 2,000 B shares, 100,000 B, 50,000 C and 42,000 D stock options. On 31 December 2004: 2,000 B shares, 25,000 B, 42,000 D and 42,000 E stock options.

Pentti Kalliala, b. 1948. Domicile: Raisio, Finland.

Principal occupation: Retailer, K-supermarket Raisio Center.

Main employment history: K-food retailer 1980-1992. K-supermarket retailer since 1992.

Board member since: 31 March 2003.

Main simultaneous positions of trust: K-Retailers’ Association: Chairman, Foundation for Vocational Training in the Retail Trade: Chairman of the Board of Directors, SV-kauppiaska nava Oy: Chairman of the Board of Directors, Vähittäiskau pan Tilipalvelu VTP Oy: Chairman of the Board of Directors, Commercial Employers’ Association: deputy member of the Board of Directors, Employers’ Confederation of Service Industries (PT): Supervisory Board member.

Fees in 2004: EUR 27,780

Kesko shares and stock options held on 1 January 2004: 74,060 A shares and 86,200 B shares held by him or his company. No stock options. On 31 December 2004: 84,060 A shares and 106,200 B shares held by him or his company. No stock options.

administration and ownership > board of directors

Pentti Kalliala Matti Honkala

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Eero Kasanen, b. 1952, (member of the Audit Committee) Dr.Sc. (Econ.), Doctor of Business Administration. Domicile: Helsinki, Finland.

Principal occupation: Rector of the Helsinki School of Economics.

Main employment history: Professor at the Helsinki School of Economics since 1989. Rector of the Helsinki School of Economics since 1996.

Board member since: 1 January 2001.

Main simultaneous positions of trust: Elcoteq Network Oyj: member of the Board of Directors, Finland Post Corporation: Chairman of the Board of Directors, Kaleva Mutual Insurance Company: member of the Board of Directors, Holding Oy of Helsinki School of Economics: Chairman of the Board of Directors, the Research Foundation of the OKOBANK Group: member of the Board of Directors, the National Theatre of Finland: member of the Board of Directors, the Emil Aaltonen Foundation: member of the Board of Directors.

Fees in 2004: EUR 28,620

Kesko shares and stock options held on 1 January 2004: No shares. No stock options. On 31 December 2004: No shares. No stock options.

Maarit Näkyvä, b. 1953, (member of the Audit Committee) M.Sc. (Econ.).

Domicile: Kirkkonummi, Finland.

Principal occupation: Sampo plc’s Executive Vice President, Head of Retail and Private Banking.

Main employment history: Unitas Bank Ltd.: Director 1990-1995, Merita Bank Ltd.: Director 1995-1996, Merita Fund Management Ltd: President 1996-1997, Leonia Bank plc: member of the Board of Directors 1998-2000. Sampo plc’s Executive Vice President since 2001.

Board member since: 1 January 2001.

Main simultaneous positions of trust: Sampo Bank plc: deputy Chairman of the Board of Directors.

Fees in 2004: EUR 29,460

Kesko shares and stock options held on 1 January 2004: No shares. No stock options. On 31 December 2004: No shares. No stock options.

Keijo Suila, b. 1945, B.Sc. (Econ.). Domicile: Helsinki, Finland.

Principal occupation: Finnair Oyj’s President and CEO.

Main employment history: Huhtamäki Oyj: President of Leaf Europe 1985-1988, President of Leaf Group 1988-1998, Executive Vice President of Huhtamäki Oy 1992-1998. Finnair Oyj: President and CEO since 1999.

Board member since: 1 January 2001.

Main simultaneous positions of trust: Elisa Corporation: Chairman of the Board of Directors, the Finnish Cultural Founda- tion: Supervisory Board member, the Finnish Fair Corporation: Supervisory Board deputy Chairman, Sampo Life Insurance Com- pany Limited: Supervisory Board member, Confederation of Finn- ish Industry and Employers: member of the Board of Directors.

Fees in 2004: EUR 27,780

Kesko shares and stock options held on 1 January 2004: No shares. No stock options. On 31 December 2004: No shares. No stock options.

Jukka Toivakka, b. 1962, M.Sc. (Econ.). Domicile: Mikkeli, Finland.

Principal occupation: Retailer, K-citymarket Mikkeli.

Main employment history: Kesko Ltd: Financial Consultant 1986-1987, Volvo-Auto Oy Ab: Finance Manager 1987-1990, CM-deparment store Maksimatti: retailer 1991-1994. K-citymarket retailer since 1994.

Board member since: 1 January 2001.

Main simultaneous positions of trust: Pohjola Group plc: Branch Offi ce Supervisor.

Fees in 2004: EUR 27,780

Kesko shares and stock options held on 1 January 2004: 191,450 A shares and 20,000 B shares held by him or his company. No stock options. On 31 December 2004: 191,450 A shares and 20,000 B shares held by him or his company. No stock options.

In accordance with the Articles of Association, the term of each Board member started at the close of the Annual General Meeting 2003 (31 March 2003) will expire at the close of the Annual General Meeting 2006.

administration and ownership > board of directors

Keijo Suila

Maarit Näkyvä Jukka Toivakka

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