Resolutions of the Annual General Meeting of Shareholders of AS Tallink Grupp

AS Tallink Grupp (registration code 10238429, location and address at Sadama 5, 10111 Tallinn) held its Annual General Meeting of Shareholders on 7 May 2024 at 11 AM at the conference centre of Tallink SPA & Conference Hotel, at the address Sadama 11a, Tallinn.

86 shareholders were registered as attending at the Annual General Meeting of Shareholders, who owned 571,294,959 votes/shares (the amount of represented share capital 268,508,630.73 EUR), forming 76.83% of AS Tallink Grupp share capital.

Resolutions adopted at the meeting:

1. To approve the annual report of the financial year 2023 of AS Tallink Grupp presented by the Management Board.

In favour of the resolution voted 98.99% of the votes represented at the meeting (565,513,785 votes).

2. To approve the following profit allocation proposal of AS Tallink Grupp prepared by the Management Board:

1) To approve the net profit of the financial year of 2023 in the sum of 78 872 000 euros;

2) Not to make any allocations to the mandatory legal reserve;

3) To pay dividends to the shareholders 0.06 euros per share, in the total amount of
44 614 143.84 euros;

4) Not to make any allocations for other reserves prescribed by law or by the articles of association.

5) To transfer 34 257 856.16 euros to the retained earnings of previous periods.

The list of the shareholders entitled to the dividend shall be fixed as at 20.06.2024 at the end of the working day of the settlement system of Nasdaq CSD Estonia. Consequently, the day of change of the rights related to the shares (ex-dividend date) is set to 19.06.2024. From this day onwards, persons acquiring the shares will not have the right to receive dividends for the financial year 2023.

The dividend shall be paid to the shareholders by transfer to the bank account of the shareholders on 3.07.2024.

In favour of the resolution voted 100.00% of the votes represented at the meeting (571,294,959 votes).

3. To appoint the company of auditors KPMG Baltics OÜ to conduct the audit of the financial year 2024 and to remunerate the work according to the audit contract that shall be concluded with the auditor.

In favour of the resolution voted 97.44% of the votes represented at the meeting (556,681,624 votes).

4. To determine the remuneration fee of the Member of the Supervisory Board as from 08.05.2024:

1. Chairman of the Supervisory Board – 12 000 euros per month (gross);

2. Member of the Supervisory Board – 7 000 Euros per month (gross).

In favour of the resolution voted 97.05% of the votes represented at the meeting (554,453,675 votes).