Eirik Thrygg to leave Citycon

CITYCON OYJ Stock Exchange Release 10 August 2015 at 10.00 hrs

Eirik Thrygg, member of Citycon’s Corporate Management Committee, is leaving the company.

Thrygg will remain with Citycon until the end of 2015, but will not assume his new responsibilities as Chief Development Officer, as announced following the acquisition of Norwegian Sektor Gruppen. Thrygg has served as the Chief Executive Officer of Sektor for many years.

Until the end of 2015 Thrygg will focus on supporting Citycon in the integration process of Sektor and ensuring a smooth transition for Citycon’s operations in Norway.

“The company respects Eirik’s decision to leave and to continue his career with another company. As one of the founders of Sektor, he has done an outstanding job of bringing this company to the position it enjoys today. We want to thank Eirik for his great contribution in the completion of the acquisition of Sektor. We wish him all the best and success in forthcoming challenges,” says Marcel Kokkeel, Chief Executive Officer at Citycon.

"After 18 years of working in Sektor, I have decided to make a career change and take a new direction. I have committed myself to support the integration process of Sektor into Citycon, before I depart at the end of the year", says Eirik Thrygg.


Helsinki, 10 August 2015

CITYCON OYJ

For further information, please contact:
Marcel Kokkeel, CEO
Tel. +358 20 766 4521 or +358 40 154 6760
marcel.kokkeel@citycon.com

Citycon Oyj (Nasdaq Helsinki: CTY1S) is a leading owner, developer and manager of urban grocery-anchored shopping centres in the Nordic and Baltic regions, managing assets that total approximately EUR 5 billion and with a market capitalisation of approximately EUR 2 billion. For more information about Citycon, please visit www.citycon.com

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