Notice of convening the annual general meeting of shareholders of Tallinna Kaubamaja Grupp AS - Seite 2

3. Recalling members of the Supervisory Board, electing new members of the Supervisory Board and determination of the procedure for remuneration
In connection with the expiration of the term of office of some members of the Supervisory Board on the 20^th of May 2024 and the desire to harmonize the term of office of the members of the Supervisory Board, the Supervisory Board proposes to recall the entire composition of the current Supervisory Board of Tallinna Kaubamaja Grupp AS from 20^th of May 2024 and to elect as members of the Supervisory Board of Tallinna Kaubamaja Grupp AS from 20^th of May 2024 for the next 3-year term Jüri Käo, Enn Kunila, Gunnar Kraft, Meelis Milder and Kristo Anton.
Remunerate the members of the Supervisory Board as follows: the amount of the fee paid to the chairman of the Supervisory Board is 4,200 euros per month and the amount of the fee paid to the member of the Supervisory Board is 3,500 euros per month.

4. Change of articles of association and business name of Tallinna Kaubamaja Grupp AS
With the aim of creating greater clarity for shareholders and the public that Tallinna Kaubamaja Grupp includes several different business lines, adopt a new business name and change the Articles of Association of Tallinna Kaubamaja Grupp AS in such a way that the new business name of the public limited company is TKM Grupp AS. Amendment of the articles of association is necessary to change the business name, otherwise there will be no changes in the articles of association. To approve the new version of the Articles of Association.

Organisational issues

Shareholder’s rights in connection with the agenda of the general meeting. Shareholders whose shares represent at least 1/20 of the share capital may request that additional issues be included in the agenda of the general meeting if the respective request is submitted in writing no later than on 1^st of March 2024. Shareholders whose shares represent at least 1/20 of the share capital may submit a draft resolution on each agenda item in writing no later than on 13^th of March 2024. More detailed information on the procedure and term for exercising the rights specified in section 287 (right of shareholder to information), subsection 293 (2) (right to request inclusion of additional issues on the agenda), and subsection 293¹ (3) (obligation to simultaneously with the demand on the modification of the agenda submit a draft resolution or substantiation) and 4 (right to submit a draft resolution in respect to each item on the agenda) of the Commercial Code is available on the website of Tallinna Kaubamaja Grupp AS www.tkmgrupp.ee and attached to the stock exchange announcement published on the website of the Nasdaq Baltic Stock Exchange (https://nasdaqbaltic.com/). The drafts of resolutions and substantiations of the resolutions submitted by the shareholders, if any, are also published on the website of Tallinna Kaubamaja Grupp AS.