Restamax Plc: CHANGE TO THE RESTAMAX EXECUTIVE TEAM


Restamax Plc

STOCK EXCHANGE RELEASE 22 NOVEMBER 2017 at 12:05noon

CHANGE TO THE RESTAMAX EXECUTIVE TEAM

Restamax Plc's Operations Manager and member of the Executive Team Tomi Söderström has resigned from the employ of the Group, moving on to new a position outside the Group. His employment will end on 22 November 2017. Söderström has been in charge of managing and developing the restaurant business together with the product line management.

As of 22 November 2017, Restamax's Executive Team will consist of the following people:

Juha Helminen, CEO
Jarno Suominen, CFO
Tero Kaikkonen, Development Director
Perttu Pesonen, Development Director
Eero Aho, Product Line Director, Food
Tanja Virtanen, Product Line Director, Food
Paul Meli, Product Line Director, Nightclubs and other entertainment
Miko Helander, Product Line Director, Nightclubs and other entertainment

Additional information:
Juha Helminen, CEO, Restamax Plc, tel. +358 40 535 5560
Jarno Suominen, CFO, Restamax Plc, tel. +358 40 721 5655

Distribution:
NASDAQ Helsinki
Major media
www.restamax.fi

Restamax Plc is a Finnish group established in 1996, specialising in restaurant services and labour hire. The company, which was listed on NASDAQ Helsinki in 2013 and became the first Finnish listed restaurant company, has continued to grow strongly throughout its history. The Group companies include more than 130 restaurants, nightclubs and entertainment centres all over Finland. Well-known restaurant concepts of the Group include Stefan's Steakhouse, Viihdemaailma Ilona, Classic American Diner and Colorado Bar & Grill. In 2016, Restamax Plc's turnover was MEUR 130.1 and EBITDA MEUR 19.4. Depending on the season, the Group employs some 2,000 persons, converted into full-time employees. Restamax subsidiary Smile Henkilöstöpalvelut Oy employs approximately 8,000 people on a monthly basis.

Restamax company website: www.restamax.fi, Restamax consumer website: www.ravintola.fi, Smile Henkilöstöpalvelut: www.smilepalvelut.fi