Tokmanni Group (TOKMAN) Investor Update summary

Partnership agreement and strategic rationale

• Signed exclusive license agreement granting Tokmanni rights to sell SPAR products and operate the SPAR business in Finland, leveraging SPAR's global purchasing power and operational expertise.

• The partnership aims to expand grocery assortment, introduce new products, maintain low prices, and enhance Tokmanni's competitiveness in the Finnish grocery market.

• SPAR's international brand and retail concepts are expected to drive sustainable growth and strengthen Tokmanni's market position.

• Tokmanni may consider new store locations and standalone SPAR stores in the future to further expand its presence.

• Collaboration combines SPAR's global strengths with Tokmanni's local market knowledge for value creation.

Rollout plan and operational impact

• SPAR products will be introduced in all Tokmanni stores during the first half of the year, with the first SPAR-branded store opening in summer.

• Existing 20 fresh food stores will be converted to the SPAR concept, with at least two additional SPAR stores planned by year-end.

• Standalone SPAR stores and new locations are under consideration for future expansion.

• Synergies in procurement and store operations are prioritized to maximize benefits.

• Tokmanni will rebrand its fresh food departments under the SPAR concept, with more to follow by year-end.

Customer benefits and market positioning

• Customers will gain access to a wider grocery assortment, new products, and one-stop shopping for food and non-food items.

• Enhanced shopping experience and increased shopping frequency are expected to improve customer loyalty.

• SPAR's own-label products across all grocery categories will be a visible change for customers.

• The agreement positions Tokmanni as a larger player in the Finnish grocery sector, focusing on growth in food categories.

• SPAR International will gain a foothold in Finland, leveraging Tokmanni's established brand and retail network.