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Access to the information and documents on this website is restricted for regulatory reasons. You are requested to review the following information and make the following confirmation each time you access this restricted information.

THESE MATERIALS ARE NOT DIRECTED AT OR ACCESSIBLE BY ANY PERSONS LOCATED IN AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SOUTH AFRICA, SINGAPORE, THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH IT WOULD BE UNLAWFUL.

This website and the information contained herein are not intended for, and must not be accessed by, or distributed or disseminated to, persons resident or physically present in the United States, Australia, Canada, Hong Kong, Japan, New Zealand, South Africa or Singapore, and do not constitute an offer to sell or the solicitation of an offer to buy or acquire, any shares, rights or other securities of the Company in the United States, Australia, Canada, Hong Kong, Japan, New Zealand, South Africa, Singapore or any other country in which it would be contrary to the laws and regulations of that country.

These materials are not an offer for sale of securities in the United States. The shares, rights or other securities of the Company referred to on this website have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration thereunder.

Access to the information and documents contained on the following websites may be illegal in certain jurisdictions, and only certain categories of persons may be authorized to access such information and documents. All persons residing outside of the United States, Australia, Canada, Hong Kong, Japan, New Zealand, South Africa or Singapore who wish to have access to the documents contained on this website should first ensure that they are not subject to local laws or regulations that prohibit or restrict their right to access this website, or require registration or approval for any acquisition of securities by them. The Company assumes no responsibility if there is a violation of applicable law or regulations by any person.

This information is only being distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) or (iii) high net worth companies, and other persons to whom it may lawfully be communicated, falling within Article 49(2) of the Order (all such persons together being referred to as “relevant persons”). Any investment activity to which this document relates will be only available to, and will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.

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Enthusiasm for work

Enthusiasm for work

We offer versatile career opportunities

Kamux wants to be a fair, inspiring, and motivating employer. We offer interesting career paths and opportunities for development as a car retail expert in a dynamic work community. We also support the professional development of our personnel. A skilled and committed personnel is the key enabler of Kamux’s long-term international growth.

We conduct career and talent surveys systematically to find suitable career paths and new job opportunities within our organization. In 2021, a total of 90 Kamux employees changed positions through internal recruiting. We want to continue to develop our organization also in the future. By offering opportunities for professional development in an international work environment, we want to ensure that our employees, who are in different phases of their careers, are committed to the company.

Converted to full-time equivalent (FTE) employees, Kamux employed 848 (713) people in 2021. The Group’s number of employees grew by 18.9 percent (19.8). During the year, we strengthened our sales organization and expanded our talent pool by hiring, for example, digital and data experts. According to our growth strategy, Kamux aims at hiring a total of 1,000 employees during the strategy period by 2023.

We promote expertise and well-being

In 2021, we carried out major projects to develop the skills and expertise of our personnel. We launched Kamux’s License to Lead training program in Finland, and the implementation will continue in our other operating countries in 2022. The aim of the training program is to provide our supervisors with a uniform set of tools for success in each of our operating countries, especially as many of our employees have advanced in their careers within Kamux and have supervisory duties for the first time. In addition, we organized sales management coaching sessions for sales supervisors during the year. The sessions focused on, for example, emotional intelligence, interpersonal skills, and self-management.

The worker rights defined by the International Labour Organisation (ILO), local labor laws, human rights defined by the UN, and our Code of Conduct guide all our operations. We want our working environment to be safe and pleasant for all Kamux employees. We train each Kamux employee on the ways of working based on the Code of Conduct, supplement the training, and monitor the realization of the Code of Conduct. Kamux aims to be a car retail forerunner in creating a culture of trust and openness.

We measure the development of our employees’ capabilities and well-being at work through an annual work satisfaction and well-being survey. In 2021, work satisfaction and well-being improved in all operating countries in comparison with
the previous year. The positive development was supported by, for example, our training projects and career and talent surveys which told us about our employees’ career aspirations and desires for development. The results of the survey conducted in 2021 were 4.08/5 in Finland (3.88), 3.95/5 in Sweden (3.93), and 3.88/5 in Germany (3.78). The Group’s average score was 4.04/5.

Kamux’s aim is that our employees are not involved in accidents leading to absence from work. During 2021, a total of 10 (8) accidents occurred that led to absence from work. One resulted in a longer absence. The most typical accidents result from slipping or stumbling in an office or a showroom.

The health percentage of the entire Group’s personnel was 51 (53). We aim to prevent absences from work due to illness at the earliest stage possible, but due to the prolonged corona pandemic, the health percentage of our personnel was lower than in previous years. Kamux takes the countryspecific restrictions related to curbing the corona pandemic into account and complies with them. When an employee contracts the virus or is exposed, we aim to arrange the personnel’s shifts to be as safe as possible.

We aim to have a diverse work community

Kamux’s work community is international and diverse. In all our operations, we respect our employees’ privacy, freedom of religion, freedom of association, and freedom to organize professionally. During 2021, we strengthened our organization and expanded our talent pool with diverse expertise. In our operating countries, an organization with a diverse cultural background is our strength. We listen to our personnel actively, and in our sales and supervisor trainings, we provide tools for working in a diverse work community.

Converted to full-time equivalent (FTE) employees, Kamux employed approximately 848 people in 2021, and we served our customers in 29 different languages. Approximately 9% (9) of the Group’s employees were women.

Kamux extends careers by offering employment to people of all ages. We offer summer jobs to students and extend careers by employing people in car delivery tasks, for instance. In 2021, the age distribution of Kamux employees was 15–83 years. Of our employees, the share of employees under 25 years was approximately 39% and the share of employees over 55 years was approximately 32%.