Market announcement

Title

NOTICE OF CALLING THE ANNUAL GENERAL MEETING OF THE SHAREHOLDERS

Message

Dear Shareholder of Aktsiaselts Infortar!

The  Management Board of Aktsiaselts  Infortar (registry code 10139414, seat and
address  Liivalaia 9, 10118 Tallinn), hereby calls the Annual General Meeting of
Shareholders  (hereinafter the  General Meeting)  to be  held on  20 May 2024 at
11:00 (Estonian time) at the conference centre of Tallink SPA & Conference Hotel
at Sadama 11a, Tallinn.

The registration of Shareholders begins at 10:00.

The list of Shareholders entitled to participate in the General Meeting shall be
determined as at seven calendar days before the general meeting is held, i.e. on
13 May  2024, at the  end of  the business  day of  the settlement system of the
registrar  of the Estonian register of securities (Nasdaq CSD) (date of fixation
of the list).

In addition to participation at the General Meeting, the Shareholders shall have
the possibility to vote by e?mail before the General Meeting.

By  its  resolution  of  24 April  2024, the  Supervisory  Board  of Aktsiaselts
Infortar  has  determined  the  following  agenda  for  the  General  Meeting of
Aktsiaselts  Infortar.  The  proposals  of  the Management Board and Supervisory
Board  regarding the agenda items are presented  as a draft resolution with each
agenda item and the Supervisory Board has made the proposal to vote in favour of
all the resolutions presented with each agenda item:

1. Approval of the 2023 Annual Report
Approve  the  2023 Annual  Report  of  Aktsiaselts  Infortar  submitted  by  the
Management Board

2. Deciding on the distribution of profit
Approve  the following proposal for the  distribution of profit submitted by the
Management Board of Aktsiaselts Infortar:
2.1. Approve the net profit for 2023 in the amount 293,830 thousand euros;
2.2 Pursuant  to  section  11 of  the  articles  of  association  of Aktsiaselts
Infortar, enter an additional 7,145.11 euros in the statutory legal reserve;
2.3 Pay  the Shareholders dividend 3 euros per  share. Dividend shall be paid in
two parts as follows:
2.3.1. 1.5 euros  per  share  shall  be  paid  to the Shareholders who have been
entered  in the list of  Shareholders on 3 June 2024 at  the end of the business
day  of  the  settlement  system  of  the  securities  registrar  (record-date).
Consequently, the day of change of the rights related to the shares (ex-date) is
31 May  2024. Dividend  shall  be  paid  to  the Shareholders on 12 June 2024 by
transfer to the bank account of the Shareholder;
2.3.2. 1.5 euros  per  share  shall  be  paid  to the Shareholders who have been
entered  in  the  list  of  Shareholders  on  3 December  2024 at the end of the
business day of the settlement system of the securities registrar (record-date).
Consequently, the day of change of the rights related to the shares (ex-date) is
2 December 2024. Dividend shall be paid to the Shareholders on 12 December 2024
by transfer to the bank account of the Shareholder.

3. Extension of the authorisation of the Supervisory Board Member
Due  to the expiry of the term of authorisation of the Member of the Supervisory
Board  Toivo Ninnas  on 20 February  2025, to extend  the authorisation of Toivo
Ninnas as the Member of the Supervisory Board for the next 5-year term as of 21
February 2025.

4. Issue of  Options to members  of the Supervisory  Board under the Option Plan
approved  by the  resolution of  the General  Meeting of Shareholders of 15 June
2021
Approve  the issue of Options to members of the Supervisory Board of Aktsiaselts
Infortar  under the  Option Plan  and the  conclusion of share option agreements
with them as follows:
4.1. Member  of the Supervisory  Board of Aktsiaselts  Infortar Enn Pant has the
right  to acquire  6000 share options  (which gives  the right  to acquire 6000
shares  of Aktsiaselts Infortar) for the 4th year  of the Option Plan (period 1
July 2024-1 July 2025).

4.2. Member of the Supervisory Board of Aktsiaselts Infortar Kalev Järvelill has
the  right to acquire 6000 share options (which gives the right to acquire 6000
shares  of Aktsiaselts Infortar) for the 4th year  of the Option Plan (period 1
July 2024-1 July 2025).

4.3. Member  of the Supervisory  Board of Aktsiaselts  Infortar Toivo Ninnas has
the  right to acquire 6000 share options (which gives the right to acquire 6000
shares  of Aktsiaselts Infortar) for the 4th year  of the Option Plan (period 1
July 2024-1 July 2025).

4.4. Member  of the Supervisory  Board of Aktsiaselts  Infortar Mare Puusaag has
the  right to acquire 6000 share options (which gives the right to acquire 6000
shares  of Aktsiaselts Infortar) for the 4th year  of the Option Plan (period 1
July 2024-1 July 2025).

4.5. Authorise  the Chairman of the Management Board of Aktsiaselts Infortar Ain
Hanscshmidt  to conclude the share option  agreements with the above Supervisory
Board  members  and  to  issue  the  above  amount of share options on the terms
provided in the Option Plan.

5. Appointment of an auditor for the 2024 financial year and the determination
of the procedure of remuneration of an auditor
To appoint the company of auditors KPMG Baltics OÜ to conduct the audit of
Aktsiaselts Infortar in the financial year 2024 and to remunerate the work
according to the audit contract to be concluded with the auditor.

Review of the documents of the General Meeting
The documents related to the Annual General Meeting of Aktsiaselts Infortar, the
documents  to be presented to  the General Meeting, including  the drafts of the
resolutions,  Annual Report of the  financial year 2023 of Aktsiaselts Infortar,
the  sworn auditor's  report, the  proposal for  the distribution of profit, the
Supervisory  Board's report  on the  2023 Annual Report  and the substantiations
presented  by  the  Shareholders  regarding  items  on  the  agenda  (if any are
received)  may be examined on the website of Aktsiaselts Infortar at the address
www.infortar.ee/investorile  (http://www.infortar.ee/investorile) and as annexed
to  the stock notice on the website of the Tallinn Stock Exchange at the address
www.nasdaqbaltic.com  (http://www.nasdaqbaltic.com/) until  the date  of holding
the General Meeting (included).

Shareholders  may send any questions regarding the items on the agenda to the e-
mail address investor@infortar.ee (mailto:investor@infortar.ee).

Rights of the Shareholders regarding the agenda of the general meeting
A  Shareholder has the right to receive information from the Management Board on
the  activities of  Aktsiaselts Infortar  at the  General Meeting of Aktsiaselts
Infortar.  The Management  Board may  refuse to  give information  or to present
documents  if there is a basis to presume that this may cause significant damage
to  the interests  of the  public limited  company. In  the event the Management
Board  refuses to give information, a Shareholder may demand the General Meeting
to  decide on the legality of his or her request or file, within two weeks after
the  General Meeting, a petition to a court by way of proceedings on petition in
order to obligate the Management Board to give information.

The  Shareholders whose shares represent at  least 1/20 of the share capital may
demand  the inclusion of additional  issues on the agenda  of the Annual General
Meeting if the respective demand has been submitted no later than 15 days before
the  General Meeting is  held. The Shareholders  whose shares represent at least
1/20 of the share capital may submit to the company a draft of the resolution in
respect  to each item on the agenda. This  right may not be exercised later than
3 days before the General Meeting is held. The above documents must be submitted
to  the  company  in  writing  to  the  address: Aktsiaselts Infortar, Liivalaia
9, 10118 Tallinn   or   sent  with  digital  signature  to  the  e-mail  address
investor@infortar.ee (mailto:investor@infortar.ee).

Pre-voting
Shareholders  who are  unable to  or do  not wish  to participate in the General
Meeting  can vote on the draft resolutions  on the agenda of the General Meeting
before  the General Meeting (hereinafter Pre-Voting)  during the period from the
publication  of the notice of  calling the General Meeting  as of 24 April 2024
until  16 May 2024 at 16:00. The procedure for  Pre-Voting has been published on
the    website    of   Aktsiaselts   Infortar   at   www.infortar.ee/investorile
(http://www.infortar.ee/investorile)  and has been added  to the stock notice on
calling  the  General  Meeting.  The  Shareholders  who have duly voted shall be
deemed  to have taken part  in the General Meeting  and the votes represented by
their  shares shall be accounted  as part of the  quorum of the General Meeting,
unless otherwise provided by law.

Instructions  for the participants in the Annual General Meeting and appointment
of representative
Before  the  General  Meeting  is  held,  the  Shareholders can notify about the
appointment  of  a  representative  and  the  revocation of authorisation by the
principal by e-mail at investor@infortar.ee (mailto:investor@infortar.ee), using
the templates that have been published on the website of Aktsiaselts Infortar at
www.infortar.ee/investorile  (http://www.infortar.ee/investorile)  and  added to
the stock notice on the calling of the General Meeting.

We  kindly ask the Shareholders, who are as at the date of fixation of the list,
i.e.  on 13 May 2024, registered in the  share register maintained by Nasdaq CSD
SE  and who wish  to participate in  the Annual General  Meeting, to present the
following documents for registration:
-  A Shareholder  who is  a natural  person should  present an identity document
(passport or ID-card).
-  A representative of a  Shareholder who is a  natural person should present an
identity  document (passport or ID-card) and  a properly signed written power of
attorney or an electronic power of attorney (digitally signed).
-  A legal representative of a legal  person should present an extract (or other
similar  document)  from  the  respective  business  register in which the legal
person   is  registered,  which  shows  the  person's  right  to  represent  the
Shareholder  (legal persons registered  in Estonia should  present an extract of
the  commercial register registry  card which is  not issued sooner than 15 days
before the general meeting is held).
-  Authorised representative of a legal  person whose right of representation is
not  indicated in  the respective  business register  extract (or  other similar
document) should, in addition to the aforementioned documents, submit a power of
attorney  duly issued by the legal representative of the Shareholder in at least
a written or digital format (digitally signed).

All  documents submitted in  foreign languages must  be in English or translated
into  English or Estonian by a sworn translator or an official who is equivalent
to a sworn translator.

We kindly ask that electronic documents (digitally signed) are sent by e-mail to
the address investor@infortar.ee (mailto:investor@infortar.ee) not later than by
the date of the general meeting.

Yours sincerely,
Management Board of Aktsiaselts Infortar



Infortar operates in five countries, the company's main fields of activity are
energy, maritime transport, and real estate. Infortar owns a 42,3% stake in AS
Tallink Grupp, a 100% stake in AS Eesti Gaas and a versatile and modern real
estate portfolio of approx. 110,000 m2. In addition to the three main areas of
activity, Infortar also operates in construction and mineral resources,
printing, taxi business and many other areas. A total of 103 companies belong to
the Infortar group: 47 subsidiaries, 5 affiliated companies and 50 subsidiaries
of affiliated companies. Excluding affiliates, Infortar employs 1,308 people.

Additional information:

Kadri Laanvee

Investor Relations Manager
e-mail: kadri.laanvee@infortar.ee (mailto:kadri.laanvee@infortar.ee)
phone: +372 5156662

https://infortar.ee/en/investor