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Adoption of resolutions of shareholders of AS Ekspress Grupp

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The  Management Board of AS Ekspress Grupp proposed to the shareholders to adopt
resolutions  without convening an  extraordinary general meeting.  The notice of
adoption  of resolutions was published on  8 February 2024 in the stock exchange
information                                                               system
(https://view.news.eu.nasdaq.com/view?id=b8f2bc025c518e1798b4d93924ffd3e00&lang=
en)    and    on    the    company's    homepage    (https://egrupp.ee/en/about-
group/management/general-meeting-of-shareholders/), as well as in the 9 February
2024 issue of newspaper Eesti Päevaleht.

On  time, ie by 9.00 on 4 March 2024, the shareholders cast 25,298,978 votes and
83.96% of  the voting rights. If a shareholder did not give notice of whether he
is  in favour of or opposed to the resolution by the aforementioned term, it was
deemed  that he  voted against  the resolution  (§ 299(1) (2)  of the Commercial
Code) and these votes are recorded as opposing votes in the record of voting.

The shareholders of AS Ekspress Grupp adopted the following resolutions on 4
March, 2024.

1. Amendment of the share option program approved on 29.09.2020

To  amend the point 6 of the share  option program approved on 29.09.2020 and to
phrase it as follows:

The vesting period of the Options shall be three years from the original vesting
date  of the Options, to be laid down  in the option contract to be entered into
with each Option Holder. The share acquisition price that the Option Holder pays
upon subscription for the Shares shall be the nominal value of the Shares at the
time of the issue of the Options.

The  exercise of the  Options and issuance  of the Shares  shall be performed by
transferring  Ekspress  Grupp's  own  shares  to  the option holder and/or by an
increasing  of the share capital  of EG and issuing  of new shares to the option
holder.  For the new shares  to be issued, the  pre-emption right of the current
shareholders  shall be precluded  pursuant to §  345 (1) of the Commercial Code.
New  shares  shall  be  listed  in  accordance  with  the  applicable  rules and
procedures.

The resolution was adopted by 83.96% votes in favour.

2. Preclusion of the shareholders' preferential right to subscribe shares with
regard to the shares to be issued for implementation of the 29.09.2020 share
option program

To  exclude the shareholders'  preferential right to  subscribe shares which are
issued   for  the  implementation  of  the  share  option  program  approved  on
29.09.2020.

The resolution was adopted by 83.96% votes in favour.

3. Amendment of Articles of Association

To  amend clause 5.9 of the Articles of Association and to confirm it in the new
wording as follows:

The  Supervisory Board shall have the right, during a period of three years from
the  moment of entry into force of  this wording of the Articles of Association,
to  increase  the  share  capital  up  to  EUR  160,000 (one  hundred  and sixty
thousand).

The resolution was adopted by 83.96% votes in favour.

4. Option pricing

To  accept  that  during  the  execution  of  the  option  program  approved  on
29.09.2020, the price of own shares to be transferred and the price of shares to
be  issued shall be  the nominal value  of the shares  valid at the  time of the
issue of the Options (item 6 of the option program).

The resolution was adopted by 83.96% votes in favour.

 Additional information
 Mari-Liis Rüütsalu
 Chairman of the Management Board
 +372 512 2591
 mariliis.ryytsalu@egrupp.ee (mailto:mariliis.ryytsalu@egrupp.ee)

AS Ekspress Grupp is the leading Baltic media group whose key activities include
web media content production, and publishing of newspapers, magazines and books.
The  Group also  operates an  electronic ticket  sales platform and ticket sales
offices  and offers outdoor screen service in Estonia and Latvia. Ekspress Grupp
launched its operations in 1989 and employs almost 1100 people.