Market announcement

Title

Notice calling the Annual General Meeting of Shareholders

Message

Dear shareholder of AS Tallink Grupp,

The  management board of AS  Tallink Grupp, registration code 10238429, location
and address at Sadama 5, 10111 Tallinn, is calling the annual general meeting of
shareholders on 9 June 2022 at 11:00 AM (Estonian time) at the conference centre
of Tallink SPA & Conference Hotel, at the address Sadama 11a, Tallinn.

Registration  of the shareholders begins at 10:00 AM at the venue of the general
meeting.

The supervisory board of AS Tallink Grupp determined the following agenda of the
annual general meeting and presents the following proposals to the shareholders:

1. Approval of the annual report of the financial year 2021
To  approve the  annual report  of the  financial year  2021 of AS Tallink Grupp
presented by the management board.

2. Resolution of covering of loss
To approve the proposal presented by the management board of AS Tallink Grupp:
1) To  approve  the  net  loss  of  the  financial year of 2021 in the amount of
56,576,000 euros and to cover the net loss with the retained earnings;
2) No dividend distribution to the shareholders.

3. Approval of the principles of remuneration of the management board members
Approve the principles of remuneration of the members of the management board.

Pursuant  to the Securities  Market Act (§  135(2) (11) of the Securities Market
Act)  the general meeting shall vote on  the principles of remuneration at least
once every four years and a resolution of the general meeting on the approval of
the principles of remuneration is advisory for the supervisory board.

4. Extension of authority of the members of the supervisory board and payment of
remuneration
Due  to the expiry  of the term  of authority of  the members of the supervisory
board  on  18.09.2022, extend  the  term  of  authority  of  the  members of the
supervisory  board Ain Hanschmidt,  Colin Douglas Clark,  Eve Pant, Toivo Ninnas
and Raino Paron for the next 3-years authority period as from 19.09.2022
To continue the remuneration of the members of the supervisory board pursuant to
the  resolution no 5 of 07.06.2012 of the Annual General Meeting of shareholders
of AS Tallink Grupp.

5. Appointment of  an auditor for the  financial year 2022 and the determination
of the procedure of remuneration of the auditor
To  appoint the audit firm KPMG Baltics OÜ to conduct the audit of the financial
year  2022 and to  remunerate the  auditor in  accordance to  the contract to be
concluded with the auditor.

___________________________________

The  list of shareholders entitled to  participate in the annual general meeting
shall be determined seven calendar days before holding the general meeting, i.e.
as  at the end of the business day  of the settlement system of the registrar of
the  Estonian register of securities (Nasdaq CSD SE) and Euroclear Finland Oy on
2 June 2022 (record date).

The  documents related to  the annual general  meeting of AS  Tallink Grupp, the
documents  to be presented to  the general meeting and  the other important data
related  to  the  general  meeting,  inter  alia, the drafts of the resolutions,
annual  report of the  financial year 2021 of  AS Tallink Grupp, the supervisory
board's  report, the sworn auditor's report,  the proposal for covering of loss,
the  principles of remuneration of  the members of the  management board and the
substantiations  presented by the shareholders regarding items on the agenda (if
any  are received)  and the  data concerning  the candidates for the supervisory
board  member and the candidate for the  auditor, may be examined on the website
of  AS Tallink Grupp  at the address www.tallink.com/annual-general-meeting/2022
(https://www.tallink.com/annual-general-meeting/2022),  on  the  website  of the
Tallinn      Stock      Exchange     at     the     address www.nasdaqbaltic.com
(http://www.nasdaqbaltic.com)  and  in  the  office  of  AS Tallink Grupp at the
address  Sadama 5, Tallinn, 1(st) floor, on business days from 09:00 AM to 4:00
PM  as of the notification of the general  meeting until the date of holding the
general  meeting  (included).  The  information  stipulated  in  § 294(1) of the
Commercial  Code is available to  the shareholders on the  website of AS Tallink
Grupp     at     the     address     www.tallink.com/annual-general-meeting/2022
(https://www.tallink.com/annual-general-meeting/2022)  until the date of holding
the general meeting (included).

A  shareholder may ask questions concerning the matters on the agenda by sending
the    respective   questions   to   the   email   address   [email protected]
(mailto:[email protected]).

A  shareholder has the right to receive information from the management board on
the  activities of AS Tallink Grupp at  the general meeting of AS Tallink Grupp.
The  management board  may refuse  to give  information if  there is  a basis to
presume  that this may cause  significant damage to the  interests of the public
limited  company. If  the management  board refuses  to provide information, the
shareholder  may demand that the  general meeting decide on  the legality of the
shareholder's  request or to file,  within two weeks as  from the holding of the
general  meeting, a  petition to  a court  by way  of proceedings on petition in
order to obligate the management board to provide the information.

The  shareholders whose shares represent at  least 1/20 of the share capital may
demand  inclusion  of  additional  issues  on  the  agenda of the annual general
meeting  if such demand  is presented no  later than 15 days  before the general
meeting   is  held;  in  case  of  using  this  right,  the  shareholders  shall
simultaneously  with the demand on the modification  of the agenda submit to the
public  limited company  a draft  of the  resolution or substantiation regarding
each  additional issue. The shareholders whose shares represent at least 1/20 of
the  share capital may submit  to the public limited  company a draft resolution
for  every item of the agenda; this right may not be exercised later than 3 days
before  the  general  meeting  is  held.  The  aforementioned documents shall be
submitted to AS Tallink Grupp in writing to the address AS Tallink Grupp, Sadama
5, 10111 Tallinn  or  be  sent  in  electronic  form  (signed  with  a qualified
electronic  signature  in  the  meaning  of  Regulation  (EU) No 910/2014 of the
European  Parliament and of the Council - e.g. a digital signature) to the email
address [email protected].

AS  Tallink  Grupp  does  not  enable  electronic participation in or electronic
voting at the general meeting (§ 33(1) of the General Part of the Civil Code Act
and  § 290(1 )of the Commercial Code) nor voting before the meeting (§ 298(2) of
the Commercial Code).


Instructions for the participants in the annual general meeting:

1. Shareholders who  are registered in  the share register  maintained by Nasdaq
CSD SE

We  kindly ask the shareholders, who are as at the record date 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:

-  Shareholder  who  is  a  natural  person  should present an identity document
(passport or ID card).

-  Authorized representative  of a  shareholder who  is a  natural person should
present  an identity document  (passport or ID  card) and a  duly signed written
power of attorney.

-  Legal representative of a shareholder who is 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  older than 15
days;  legal persons registered in a  foreign country should present a certified
extract  (or other similar document)  which is not older  than 6 months), and an
identity document of the representative (passport of ID card).

- Authorized representative of a legal person whose right of representation does
not  show  from  the  respective  business  register  extract  (or other similar
document)  should, in addition to the aforementioned documents (i.e. the extract
and  the identity document), present a written  power of attorney duly issued by
the legal representative of the shareholder.

The  documents of a  shareholder who is  a legal person  registered in a foreign
country,  which have  been issued  by a  foreign official,  must be legalized or
apostilled  (unless otherwise foreseen in  an applicable international agreement
or convention).

A translation into Estonian prepared by a sworn translator should be attached to
the documents that are in a foreign language.

AS  Tallink Grupp  may register  a shareholder  as a  participant in the general
meeting  also in case all the required  data concerning the legal person and its
representative  are contained  in a  notarized power  of attorney  issued to the
representative  in a foreign country and the  power of attorney is acceptable in
Estonia.


2. Shareholders registered in the share register maintained by Euroclear Finland
Oy (holders  of Finnish share  depositary receipts (FDRs)  - hereinafter the FDR
holders)

In  order to  participate in  the annual  general meeting,  the FDR  holders are
kindly asked, for organizational purposes, to inform AS Tallink Grupp in writing
or  in a  form which  can be  reproduced in  writing of his/her/its intention to
participate  in the  annual general  meeting and  to provide  the copies  of the
documents requested below (the originals should be presented at the registration
of  the shareholders on the day of the meeting) no later than 8 June 2022, 4:00
PM (Estonian time) by mail to the address Sadama 5, Tallinn 10111, Estonia or by
email to the address [email protected].

Nordea  Bank Abp as the  FDRs agent shall issue  a power of attorney authorizing
each  FDR holder to vote at the annual  general meeting with the number of votes
corresponding  to the  number of  FDRs held  by the  FDR holder as at the record
date.  The power of attorney issued by Nordea  Bank Abp is issued with the right
to delegate the authorization.

We  kindly ask the FDR holders, who are  registered as at the record date in the
share  register  maintained  by  Euroclear  Finland  Oy  and  who  would like to
participate  in the annual general meeting,  to present for the registration the
documents  indicated above in section 1 of  the instructions (in addition to the
documents indicated in section 2 of the instructions).

FDR  holders,  who  hold  their  FDRs  on  a nominee account, should present, in
addition  to  the  aforementioned  documents,  a  power  of  attorney  issued by
his/her/its  Finnish  account  operator.  The  form  of  the respective power of
attorney  is  available  from  the  website  of  AS Tallink Grupp at the address
www.tallink.com/annual-general-meeting/2022     (https://www.tallink.com/annual-
general-meeting/2022).

The  annual  general  meeting  will  be  held  in  the  Estonian  language  with
simultaneous translation into the English language.

A  shareholder may, before the general meeting  is held, notify AS Tallink Grupp
of   the   appointment  of  a  representative  and  of  the  withdrawal  of  the
authorization  by  the  principal  by  email  to the address [email protected]
(mailto:[email protected])  or by  delivering the  aforementioned documents to
the  office of  AS Tallink  Grupp at  Sadama 5, Tallinn, 1(st) floor on business
days  from 9:00 AM  to 4:00 PM  no later  than 8 June  2022 at 4:00 PM (Estonian
time),  by using the  forms provided on  the website of  AS Tallink Grupp at the
address www.tallink.com/annual-general-meeting/2022
(https://www.tallink.com/annual-general-meeting/2022).   Information  about  the
procedure  for the appointment of a representative and for the withdrawal of the
authorization  (including form requirements)  can be found  on the website of AS
Tallink   Grupp   at   the   address www.tallink.com/annual-general-meeting/2022
(https://www.tallink.com/annual-general-meeting/2022).

Yours faithfully,

Paavo Nõgene
Chairman of the management board




Liisa Gross
Investor Relations Specialist

AS Tallink Grupp
Sadama 5
10111 Tallinn, Estonia
E-mail [email protected]