Market announcement

aktsiaselts TALLINNA SADAM

LEI code

25490093MDYISEP1Y539

Size of the entity

Large group

Economic activities

Electricity, Gas, Steam and Air Conditioning Supply, Transportation and Storage

Country of registered office

Estonia

General information

Categories

Other corporate action

Unique data record identifier

17745

Submission date and time

10.09.2025 17:10:28

Content of announcement in Estonian

Title

Tallinna Ringkonnakohus jättis MPG AgroProduction OÜ määruskaebuse rahuldamata

Message

28.11.2023 esitas  AS Tallinna  Sadam (edaspidi  ?Tallinna Sadam")  avalduse MPG
AgroProduction  OÜ  (edaspidi  ?MPG")  pankroti  väljakuulutamiseks. 19.01.2024
esitas võlgnik enda saneerimisavalduse. 12.08.2024 lõpetati Riigikohtu määrusega
MPG   saneerimismenetlus   ja   15.10.2024 kuulutati   välja  võlgniku  pankrot.
14.11.2024 esitas    MPG   pankrotimääruse   kohta   Tallinna   Ringkonnakohtule
määruskaebuse.    09.09.2025 otsustas    Tallinna   Ringkonnakohus   jätta   MPG
määruskaebuse  rahuldamata  ja  Harju  Maakohtu 15.10.2024 määruse resolutsiooni
muutmata.

Pankrotmenetlus algatati Tallinna Sadama poolt esitatud pankrotiavalduse alusel,
kuna  MPG ei olnud  pikemat aega täitnud  lepingulisi kohustusi. Tallinna Sadama
nõuded  MPG'le  on  alla  hinnatud  ja  Tallinna  Sadam  taotleb  enda  kinnistu
hoonestusõigusest vabastamist.

Põhjalikum  selgitus pankrotimenetluse algatamise ja protsessi kohta on Tallinna
Sadama                                                               13.12.2023
(https://view.news.eu.nasdaq.com/view?id=b61a17ca18cc95addaa018e546ac60116&lang=
et&src=listed)                           ja                          24.10.2024
(https://view.news.eu.nasdaq.com/view?id=b772abd1d70b4fd82a62a249540ab0247&lang=
et&src=listed) avaldatud börsiteadetes.

Tallinna  Sadamale  kuulub  üks  Läänemere  suurimaid  kauba-  ja  reisisadamate
komplekse.  Lisaks  reisijate  ja  kaubavedude  teenindamisele tegutseb ettevõte
laevanduse  ärivaldkonnas  läbi  oma  tütarettevõtete  -  OÜ TS Laevad korraldab
parvlaevaühendust  Eesti mandri ja  suursaarte vahel ning  OÜ TS Shipping osutab
multifunktsionaalse jäämurdjaga Botnica jäämurde ja konstruktsioonilaeva teenust
Eestis   ja   offshore   projektides.   Tallinna   Sadama   gruppi   kuulub   ka
jäätmekäitlusega tegelev sidusettevõte AS Green Marine.

Lisainfo:

Angelika Annus
Investorsuhete juht
Tel. +372 5649 6230
E-post: [email protected] (mailto:[email protected])

Content of announcement in English

Title

Tallinn Circuit Court dismissed the appeal of MPG AgroProduction OÜ

Message

On  28 November 2023, AS  Tallinna Sadam  (hereinafter referred  to as "Tallinna
Sadam")  submitted  an  application  to  initiate  bankruptcy proceedings of MPG
AgroProduction  OÜ (hereinafter referred  to as "MPG").  On 19 January 2024, the
debtor   submitted   its   reorganization   application.   On  12 August  2024,
reorganization  proceedings of MPG were terminated  by the Supreme Court's order
and on 15 October 2024 the bankruptcy of MPG was declared. On 14 November 2024,
MPG filed an appeal with the Tallinn Circuit Court against the bankruptcy order.
On  9 September 2025, the Tallinn Circuit Court  decided to dismiss MPG's appeal
and  to leave  the resolution  of the  Harju County  Court's order of 15 October
2024 unchanged.

Bankruptcy  proceedings  were  initiated  based  on the application submitted by
Tallinna  Sadam, as MPG had not fulfilled its contractual obligations for a long
period  of time. The  claims of Tallinna  Sadam to MPG  have been discounted and
Tallinna  Sadam requests  the exemption  of its  own property  from the building
title.

More  information about the initiation of  bankruptcy proceedings is provided in
the stock exchange announcement published by Tallinna Sadam on 13 December 2023
(https://view.news.eu.nasdaq.com/view?id=b61a17ca18cc95addaa018e546ac60116&lang=
en)                    and                    24 October                   2024
(https://view.news.eu.nasdaq.com/view?id=b772abd1d70b4fd82a62a249540ab0247&lang=
en&src=listed).

Tallinna  Sadam is one of the largest cargo- and passenger port complexes in the
Baltic Sea region. In addition to passenger and freight services, Tallinna Sadam
group  also operates in  shipping business via  its subsidiaries -  OÜ TS Laevad
provides  ferry services between the Estonian  mainland and the largest islands,
and  OÜ TS Shipping charters its  multifunctional vessel Botnica for icebreaking
and  offshore services in  Estonia and projects  abroad. Tallinna Sadam group is
also  a  shareholder  of  an  associate  AS  Green  Marine, which provides waste
management services.

Additional information:

Angelika Annus
Head of Investor Relations
Tel. +372 5649 6230
[email protected] (mailto:[email protected])