Market announcement

Arco Vara AS

LEI code

097900BHCB0000066171

Size of the entity

Small group

Economic activities

Professional, Scientific and Technical Activities

Country of registered office

Estonia

General information

Categories

Press release

Unique data record identifier

17569

Submission date and time

09.07.2025 09:00:02

Content of announcement in Estonian

Title

Arco Vara nõukogu sai uue esimehe

Message

Arco  Vara nõukogu  uus esimees  on senine  nõukogu liige  Kert Keskpaik. Siiani
nõukogu juhtinud Tarmo Sild jätkab nõukogu liikmena.

Keskpaik on tegelenud kinnisvara arendamise ja müügiga enam kui 20 aastat. Ta on
töötanud  maaklerina,  renoveerinud  ja  müünud  kortereid ning viinud ellu paar
väiksemat  arendusprojekti. Viimased  kümme aastat  on ta  olnud Arco  Vara AS-i
nõukogu     liige.    Keskpaik    on    lõpetanud    Tallinna    Tehnikaülikooli
majandusteaduskonna ärinduse erialal spetsialiseerumisega finantsarvestusele.

Kert Keskpaiga kommentaar:

    ?Mul on väga hea meel, et nõukogu on teinud otsuse ja valinud mind uueks
    nõukogu esimeheks. Arco Vara AS on viimase aastaga teinud läbi suured
    muutused ja minu plaan on aidata ettevõttel kasvada ning realiseerida
    edukalt nii olemasolevaid kui ka tuleviku arendusprojekte."



Tarmo Silla kommentaar:

    ?Kert Keskpaik esindab meie kirge sellise kinnisvara vastu, mis oleks
    kestlik, kaasaegne ja ihaldusväärne. Lisaks esindab ta aktsionäri ja nõukogu
    liikmena juba üle kümne aasta järjepidevust Arco Varas. Eluaegse kestusalade
    sportlasena esindab ta järjekindlust, distsipliini ning tahet võita, mitte
    lihtsalt osa võtta. Ideaalne kombinatsioon omadustest, et nõukogu tasandil
    aidata luua uusi väärtusi klientidele, aktsionäridele ning olla meeskonnale
    toeks järgmisele tasemele jõudmisel."



Darja Bolshakova
Finantsjuht
Arco Vara AS
+372 6144 630
[email protected] (mailto:[email protected])

Content of announcement in English

Title

Arco Vara Has a New Chairman of the Supervisory Board

Message

Kert  Keskpaik, previously a member of the Supervisory Board, has been appointed
as  its new Chairman.  Tarmo Sild, who  has chaired the  Supervisory Board until
now, will continue as a member of the Board.

Keskpaik  has been involved in  real estate development and  sales for more than
20 years.  He  has  worked  as  a  broker,  renovated  and  sold apartments, and
completed  a few smaller  development projects. For  the past ten  years, he has
been  a member of the Supervisory Board of Arco Vara AS. Keskpaik holds a degree
in   Business  Administration  with  a  specialization  in  Finance  at  Tallinn
University of Technology.

Comment from Kert Keskpaik:

    "I am very pleased that the Supervisory Board has made the decision and
    appointed me as the new Chairman. Over the past year, Arco Vara AS has
    undergone significant changes, and I plan to help the company grow and
    successfully realize both existing and future development projects."



Comment from Tarmo Sild:

    "Kert Keskpaik represents our passion for real estate that is sustainable,
    modern, and desirable. In addition, he has represented the shareholders and
    served as a member of the Supervisory Board of Arco Vara for over a decade.
    As a lifelong endurance athlete, he brings consistency, discipline, and a
    desire to win - not just to participate. This is an ideal combination of
    qualities to help create new value at the Board level for customers and
    shareholders, and to support the team in reaching the next level."



Darja Bolshakova
CFO
Arco Vara AS
+372 6144 630
[email protected] (mailto:[email protected])