Listing instructions of October 2018 is updated concerning the price changes

Updating the section is preparation for tax increases in the future. New paragraph is added to the section.

Changes to price and to mode of delivery

Retail prices are revised three times a year according to the schedule below. Thus, increases and decreases in the purchase price as well as changes to the terms of delivery and modes of distribution may become effective three times a year.

Price list period                                 Change to be notified by

5 February 2019 to 3 June 2019         1 December 2018

4 June 2019 to 30 September 2019    1 April 2019

1 October 2019 to 3 February 2020    1 August 2019

If a pricing factor, like alcoholic beverage tax, some other tax or some other factor (independent from Alko) is changed and it is not possible for suppliers to respond to it within the limits of the Alko´s normal price list period,

• Alko reserves a right to provide an additional possibility for changing the purchase prices out of normal price list period cycle.

• Alko reserves a right to change the announced price list periods in such a manner, that the beginning of a price list period can be matched to the timing of the tax increase or other pricing factor change, as long as the beginning of the price list period will not change more than 40 days.

• Alko has the right to implement the effects of these factors to purchase and retail prices as a unilateral technical change out of normal price list period cycle.