Changes in KappAhl Group Management

Regulatory News:

Carina Ladow, Vice President Assortment & Design, will leave her employment at KappAhl (STO:KAHL) during the spring of 2016 in order to take up a new position.

Carina Ladow will leave her position as Vice President Assortment and Design at KappAhl on 30 April 2016. The process to recruit a new Vice President Assortment and Design has begun. During the recruitment process Desiré Westerberg, Design- & Purchasing manager Kids, will coordinate the work of the assortment and design departments at KappAhl

KappAhl AB (publ) discloses the information provided here pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication on 18 January 2016 at 12.00 a.m.

KappAhl was founded in Gothenburg in 1953 and is a leading fashion chain in the Nordic region with close to 380 stores in Sweden, Norway, Finland and Poland. Our business idea is to offer value-for-money fashion of our own design to the many people. Sustainability-labeled fashion accounts for roughly one quarter of the range. Sales for 2014/2015 totaled SEK 4.6 billion and the company has approx. 4,000 employees in eight countries. KappAhl is quoted on Nasdaq Stockholm. More information is available at www.kappahl.com

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