Börsiteade
Baltic Horizon Fund / Northern Horizon Capital AS
LEI kood
5299008IKT93E4SA0G49
Emitendi suuruskategooria
Väike ettevõtja
Majandustegevusalad
Finants- ja kindlustustegevus
Sektor(id)
Fondivalitseja
Emitendi registreeritud asukoht
Eesti
Üldandmed
Kategooriad
Aktsionäride üldkoosoleku kokkukutsumine
Teate ID
17134
Manused
Esitamise kuupäev ja aeg
27.03.2025 16:30:51
Teate sisu eesti keeles
Pealkiri
Baltic Horizon Fondi osakuomanike üldkoosolek ja korduskoosoleku kokkukutsumise teade
Teade
27. märtsil 2025 toimus Tallinnas, Eestis, Baltic Horizon Fondi osakuomanike ja Rootsi hoidmistunnistuse (edaspidi „SDR“) omanike (edaspidi koos „investorid“) erakorraline üldkoosolek (edaspidi „Üldkoosolek“). Üldkoosoleku päevakord, nagu osakuomanik oli välja pakkunud, oli alljärgnev: Otsus valida Andrius Smaliukas alates 1. maist 2025 kaheks aastaks Baltic Horizon Fondi nõukogu uueks liikmeks. Otsus valida Milda Dargužaitė alates 1. maist 2025 kaheks aastaks Baltic Horizon Fondi nõukogu uueks liikmeks. Otsus valida Antanas Anskaitis alates 1. maist 2025 kaheks aastaks Baltic Horizon Fondi nõukogu uueks liikmeks. Otsus maksta nõukogu esimehele tasu nõukogu liikme kohustuste täitmise eest summas 36 000 eurot kalendriaasta kohta. Otsus maksta nõukogu liikmetele, välja arvatud esimees, tasu nõukogu liikme kohustuste täitmise eest summas 11 000 eurot kalendriaasta kohta. Otsus kutsuda tagasi Reimo Hammerberg, Monica Hammer ja David Bergendahl Baltic Horizon Fundi nõukogu liikme ametist, mille viimane tähtaeg on 30. aprill 2025. Üldkoosolekule registreerus 3 investorit, kellele kuulub vähem kui 1% osakutest, mistõttu ei olnud koosolek pädev otsuseid vastu võtma. Osakuomanikud ei saanud vastu võtta päevakorras olnud otsuseid. Korduskoosolek Kooskõlas fondi reeglite punktiga 10.11 kutsub fondivalitseja Northern Horizon Capital AS käesolevaga kokku uue üldkoosoleku, sama päevakorraga. Uus üldkoosolek toimub 7. aprillil 2025.a algusega kell 13:00 (kohaliku Eesti aja järgi). Koosolek toimub Northern Horizon Capital AS kontoris asukohaga Roseni 7 (A-torn), 6.korrus, 10111 Tallinn, Eesti. Koosolekule registreerimine algab kell 12:00. Üldkoosolek toimub inglise keeles. Üldkoosolek kutsutakse kokku juhindudes Baltic Horizon Fondi reeglite punktidest 10.3.3, 10.5, 10.11, 11.2 ja investeerimisfondide seaduse paragrahvi 47 lõikest 1. Pakume üldkoosoleku jälgimiseks võimaluse osaleda üldkoosolekut kajastaval veebiseminaril 7. aprillil 2025.a kell 13:00. Investoritel on võimalik oma õiguste teostamiseks anda hääletusjuhisega volikiri. Pakume võimalust kaaluda esindajaks määrata fondijuht Tarmo Karotam (juhised selleks on toodud allpool ning lisas 1). Veebiseminaril osalemiseks palume teil registreerida järgneva lingi kaudu: https://nasdaq.zoom.us/webinar/register/WN_vSmhsW1uQhqwRaTQ3EBXBA Teile saadetakse link ning juhised veebiseminariga liitumiseks. Veebiseminar salvestatakse ning on kõigile kättesaadav meie veebilehelt www.baltichorizon.com. Baltic Horizon Fondi osakute ja häälte koguarv on 143,562,514. Päevakord, nagu osakuomanik on välja pakkunud: Otsus valida Andrius Smaliukas alates 1. maist 2025 kaheks aastaks Baltic Horizon Fondi nõukogu uueks liikmeks. Otsus valida Milda Dargužaitė alates 1. maist 2025 kaheks aastaks Baltic Horizon Fondi nõukogu uueks liikmeks. Otsus valida Antanas Anskaitis alates 1. maist 2025 kaheks aastaks Baltic Horizon Fondi nõukogu uueks liikmeks. Otsus maksta nõukogu esimehele tasu nõukogu liikme kohustuste täitmise eest summas 36 000 eurot kalendriaasta kohta. Otsus maksta nõukogu liikmetele, välja arvatud esimees, tasu nõukogu liikme kohustuste täitmise eest summas 11 000 eurot kalendriaasta kohta. Otsus kutsuda tagasi Reimo Hammerberg, Monica Hammer ja David Bergendahl Baltic Horizon Fundi nõukogu liikme ametist, mille viimane tähtaeg on 30. aprill 2025. Palume investoritel saata päevakorra punktidega seotud küsimused ja märkused fondijuhi e-maili aadressile [email protected] hiljemalt 31. märtsil 2025.a. Northern Horizon Capital AS vastab küsimustele ja märkustele koosolekul. Õigus üldkoosolekul osalemiseks ja teavitus osalemisest Üldkoosolekul osalemiseks on õigustatud investor, kelle nimel on Baltic Horizon Fondi osakuomanike Nasdaq CSD SE poolt peetavas registris registreeritud Baltic Horizon Fondi osakuid või Euroclear Sweden AB registris SDR-e 10 päeva enne üldkoosoleku toimumist, s.o 28. märtsil 2025.a Nasdaq CSD SE tööpäeva lõpu seisuga. Üldkoosolekul sujuva registreerimise protsessi toimimise huvides palume investoritel, kes hoiavad osakuid enda nimel, teavitada oma üldkoosolekul osalemise soovist e-maili aadressile [email protected] hiljemalt 4. aprillil 2025.a. Teavitus peab sisaldama investori nime, isikukoodi (juriidilise isiku puhul registrikoodi), aadressi ja esindatud osakute arvu; samuti, juhul kui see on asjakohane, üldkoosolekul osaleva esindaja informatsiooni koos tema nime ja isikukoodiga. Üldkoosolekul esindaja osalemine ei välista ka investori enda osalemist üldkoosolekul. Juhised Euroclear Sweden AB, Rootsi süsteemis registreeritud SDR-ide omanikele OLULINE NÕUE: SDR omanikud, kelle hoidmistunnistused on registreeritud Euroclear Sweden AB registris panga või mõne muu esindajakonto kaudu, on kohustatud teavitama panka või esindajakonto pakkujat 28. märtsi tööpäeva lõpuks 2025, et pank või esindaja konto pakkuja lisaks ajutiselt isiku nime Euroclear Sweden AB omanike registrisse. Volikirja alusel esindamine Palume investoritel, keda esindatakse Üldkoosolekul volikirja alusel, esitada selleks kirjalik volikiri eesti või inglise keeles (käesoleva teate lisaks nr 1 on volikirja näidis). Volikirja koopia tuleb saata e-posti aadressile [email protected] koos teavitusega soovist üldkoosolekul osaleda. Juhul kui volikirja on andud juriidiline isik, tuleb esitada ka kinnitatud koopia registrikaardist või sellega võrdsest dokumendist ja kui asjakohane, siis ka kinnitatud koopia dokumendist, mis tõendab volikirja allkirjastanud isiku esindusõigust. Kuivõrd Baltic Horizon Fond on registreeritud Eestis, juhime tähelepanu, et teatud juhtudel võib olla vajalik volikirja ja juriidilise isiku registrikaardi notariaalne või apostilliga kinnitamine (näiteks kohaldub apostilliga kinnitamise nõue Soomes ja Rootsis välja antud notariaalselt kinnitatud volikirjadele). Instruktsioonid Üldkoosoleku päevaks Palume Üldkoosolekul osalejatel olla valmis esitama isikut tõendav dokument (pass või ID kaart) ning esindaja puhul ka esindusõiguse aluseks oleva volikirja originaaldokument eesti või inglise keeles. Juhul kui investor on juriidiline isik, palume esitada eesti- või inglisekeelsed dokumendid, mis tõendavad investori esindamise õigust ja kui asjakohane, siis volikirja allkirjastanud isiku esindusõigust. Northern Horizon Capital AS kasutab volikirjade ja Nasdaq CSD SE poolt peetava osakuomanike registri ning Euroclear Sweden AB, Rootsi süsteemis registreeritud SDR-ide omanike kohta kogutud teavet Üldkoosolekule registreerimiseks. Northern Horizon Capital AS ettepanekud päevakorrapunktide kohta Otsus valida Andrius Smaliukas uueks Baltic Horizon Fondi nõukogu liikmeks Vastavalt Baltic Horizon Fondi reeglite punktile 11.2 valib üldkoosolek nõukogu liikmed vähemalt kaheks aastaks. Tehakse ettepanek valida Andrius Smaliukas uueks nõukogu liikmeks. Dr. Smaliukas on Leedu advokaadibüroo MMSP juhtivpartner, mis on keskendunud ettevõtete strateegilisele nõustamisele ja vaidluste lahendamisele. Varem oli ta partner ühes juhtivas ülebaltilises büroos Valiunas Ellex ning tal on peaaegu 20-aastane kogemus vahekohtuniku ja rahvusvahelise vahekohtu juhtiva nõustajana. Dr. Smaliukas omandas doktorikraadi ja õigusteaduse magistrikraadi Vilniuse Ülikoolis, tegi kraadiõpinguid Oxfordis ning läbis Cambridge'i kohtunike ärikooli ja Harvardi õigusteaduskonna juhtimisprogrammid. Dr. Smaliukas on Staticus Groupi ja Kesko Senukai juhatuse liige, tal on ulatuslik nõustamiskogemus ärikinnisvara ühinemiste ja omandamiste ning investeeringute juhtimise valdkonnas kogu Baltikumis. Andrius Smaliukas ei oma ühtegi Baltic Horizon Fondi osakut. Otsus valida Milda Dargužaitė uueks Baltic Horizon Fondi nõukogu liikmeks Vastavalt Baltic Horizon Fondi reeglite punktile 11.2 valib üldkoosolek nõukogu liikmed vähemalt kaheks aastaks. Tehakse ettepanek valida Milda Dargužaitė uueks nõukogu liikmeks. Milda Dargužaitė on Northern Horizon Capital A/S, Northern Horizon Capital ASi aktsionäri, endine tegevjuht. Ta vastutas ettevõtte tegevuse ja strateegilise suuna juhtimise eest, sealhulgas uute fondide ja investeerimisvahendite arendamise eest. Mildal on märkimisväärne kogemus nii avalikus kui ka erasektoris, nii kohalikul kui ka rahvusvahelisel tasandil. Ta liitus ettevõttega 2018. aastal pärast ametikohti Leedu peaministri büroo kantslerina, Invest Leedu tegevdirektorina ja Leedu majandusministri nõunikuna. Milda omab rikkalikku kogemust finants- ja portfellihalduse valdkonnas, mis pärineb tema tööajast Goldman Sachsis New Yorgis ja Barclaysis Londonis. Milda Dargužaitė oli Northern Horizon Capital ASi nõukogu liige alates 2018. aasta juulist kuni 2023. aasta septembrini. Mildal on bakalaureusekraad matemaatikas ja majanduses Middlebury kolledžist ning magistrikraad operatsioonide uurimise ja finantstehnika alal Princetoni ülikoolist. Ta on olnud mitme Northern Horizon Groupi üksuse juhatuse liige. Milda Dargužaitė ei oma ühtegi Baltic Horizon Fondi osakut. Otsus valida Antanas Anskaitis uueks Baltic Horizon Fondi nõukogu liikmeks Vastavalt Baltic Horizon Fundi reeglite punktile 11.2 valib üldkoosolek nõukogu liikmed vähemalt kaheks aastaks. Tehakse ettepanek valida Antanas Anskaitis uueks nõukogu liikmeks. Antanas Anskaitis on partner Grinvestis, mis on erainvesteeringute ettevõte, mis tegeleb kinnisvara ja transpordiga. Antanasil on üle 20 aasta kinnisvarainvesteeringute juhtimise kogemust (sellest 16 aastat Northern Horizon Capital grupis). Alates 2015. aastast kuni 2020. aastani juhtis Antanas Partners Groupi nimel edukat Balti-Poola investeerimisportfelli ning juhtis üle 30 ärikinnisvaratehingu Baltikumis ja Poolas, omades kogemust nii müügi- kui ka ostupoolel. Antanasil on magistrikraad juhtimises ja majanduses. Grinvest on oma Eesti tütarettevõtja Gene Investments OÜ kaudu Baltic Horizon Fondi suurim osakuomanik (>25%) käesoleva teate esitamise ajal. Otsus maksta tasu nõukogu esimehele Vastavalt Baltic Horizon Fondi reeglite punktile 11.11 on nõukogu liikmetel õigus saada hüvitist oma töö eest. Nõukogu esimehele ja nõukogu liikmetele makstava tasu suurus otsustatakse üldkoosolekul. Vastavalt Baltic Horizon Fondi reeglite punktile 11.4 valivad nõukogu liikmed esimesel koosolekul pärast uue(te) liikme(te) valimist enda seast esimehe. Ettepanekus välja toodud koosseisus kavatseb nõukogu töötada tihedas koostöös Northern Horizon Capital ASi allkomiteedega ja kohtub vähemalt kord kuus, kuni Baltic Horizon Fond on ümberkujundamisetapis. Seetõttu tehakse ettepanek maksta nõukogu esimehele tasu summas 36 000 eurot kalendriaasta kohta. Otsus tasude maksmise kohta nõukogu liikmetele Vastavalt Baltic Horizon Fondi reeglite punktile 11.11 on nõukogu liikmetel õigus saada hüvitist oma töö eest. Nõukogu esimehele ja nõukogu liikmetele makstava tasu suurus otsustatakse üldkoosolekul. Kavandatav tasu on sama, mis praegustel nõukogu liikmetel. Osakuomanik teeb ettepaneku maksta igale nõukogu liikmele (v.a esimees, kellele makstakse tasu vastavalt punktile 4) 11 000 eurot kalendriaasta kohta. Otsus kutsuda tagasi Reimo Hammerberg, Monica Hammer ja David Bergendahl Baltic Horizon Fundi nõukogu liikme ametist Vastavalt Baltic Horizon Fondi reeglite punktile 10.3.3 toimub üldkoosolekuga nõukogu liikmete tagasikutsumine. Lisa 1: Volikirja näidis üldkoosolekul investorite õiguste teostamiseks (eesti keeles) Volikirja näidis üldkoosolekul investorite õiguste teostamiseks (inglise keeles) Lisainformatsiooni saamiseks palume ühendust võtta: Tarmo Karotam Baltic Horizon Fond, fondijuht E-mail [email protected] www.baltichorizon.com Baltic Horizon Fond on registreeritud lepinguline avalik kinnine kinnisvarafond, mida valitseb alternatiivfondivalitseja Northern Horizon Capital AS. Avaldamine: GlobeNewswire, Nasdaq Tallinn, Nasdaq Stockholm, www.baltichorizon.com Saamaks börsiteateid ning uudiseid Baltic Horizon Fondilt tema projektide, plaanide ja muu kohta, registreeruge aadressil www.baltichorizon.com. Samuti on teil võimalik Baltic Horizon Fondi jälgida aadressil www.baltichorizon.com ning LinkedIn, Facebook, X ja YouTube keskkondades. Manused Annex 1 - poa.Investors-EGM-template.2025-04-07.eng [https://ml-eu.globenewswire.com/Resource/Download/fb50b2de-c8e0-4d32-bfa3-92f607ff219d] Annex 1 - poa.Investors-EGM-template.2025-04-07.est [https://ml-eu.globenewswire.com/Resource/Download/e8239557-59a4-4b0b-b7b1-78e309dd69e5]
Teate sisu inglise keeles
Pealkiri
Baltic Horizon Fund general meeting of investors and a notice to convene a new general meeting of investors
Teade
Extraordinary General Meeting (hereinafter the “General Meeting”) of Baltic Horizon Fund unit-holders and Swedish Depositary Receipt (hereinafter the “SDR”) holders (hereinafter together the “Investors”) took place on 27 March 2025 in Tallinn, Estonia. Proposed agenda of the meeting, as proposed by a unitholder, was the following: Decision to elect Andrius Smaliukas as a new member of the supervisory board of Baltic Horizon Fund as of 1 May 2025 for a period of two years. Decision to elect Milda Dargužaitė as a new member of the supervisory board of Baltic Horizon Fund as of 1 May 2025 for a period of two years. Decision to elect Antanas Anskaitis as a new member of the supervisory board of Baltic Horizon Fund as of 1 May 2025 for a period of two years. Decision to pay remuneration to the chairman of the supervisory board for fulfilling obligations of the member of the supervisory board in the amount of EUR 36,000 per calendar year. Decision to pay remuneration to supervisory board members, other than the chairman, for fulfilling obligations of the member of the supervisory board in the amount of EUR 11,000 per calendar year. Decision to recall Reimo Hammerberg, Monica Hammer and David Bergendahl from the position of the supervisory board member of Baltic Horizon Fund with the last date of the office being 30 April 2025. 3 investors were registered as attending the meeting, holding less than 1% of the fund units which is below the required quorum. Investors were not able to adopt the proposed resolutions. Notice to convene a new general meeting According to section 10.11 of the rules of the fund, the management company Northern Horizon Capital AS convenes a new general meeting, with the same agenda. The new general meeting of Baltic Horizon Fund is to be held on 7 April 2025 at 13:00 (local Estonian time) at the office of Northern Horizon Capital AS at Roseni 7 (A tower), 6th floor, 10111 Tallinn, Estonia. Registration for the meeting will begin at 12:00. The General Meeting will be held in English. The meeting is convened in accordance with sections 10.3.3, 10.5, 10.11, 11.2 of the Rules of Baltic Horizon Fund and section 47-1 of the Investment Funds Act of Estonia. Investors are invited to join the webinar to view the General Meeting online on 7 April 2025 at 13:00. Investors are invited to issue a power of attorney with instructions for voting to exercise their rights as an Investor. We propose the Investors to consider designating fund manager Tarmo Karotam as their authorised representative (please see instructions below and templates at Annex 1). To join the webinar, please register via the following link: https://nasdaq.zoom.us/webinar/register/WN_vSmhsW1uQhqwRaTQ3EBXBA You will be provided with the webinar link and instructions how to join successfully. The webinar will be recorded and available online for everyone at the company’s website on www.baltichorizon.com. The total number of units and votes in Baltic Horizon Fund amounts to 143,562,514. Agenda, as proposed by the unitholder: Decision to elect Andrius Smaliukas as a new member of the supervisory board of Baltic Horizon Fund as of 1 May 2025 for a period of two years. Decision to elect Milda Dargužaitė as a new member of the supervisory board of Baltic Horizon Fund as of 1 May 2025 for a period of two years. Decision to elect Antanas Anskaitis as a new member of the supervisory board of Baltic Horizon Fund as of 1 May 2025 for a period of two years. Decision to pay remuneration to the chairman of the supervisory board for fulfilling obligations of the member of the supervisory board in the amount of EUR 36,000 per calendar year. Decision to pay remuneration to supervisory board members, other than the chairman, for fulfilling obligations of the member of the supervisory board in the amount of EUR 11,000 per calendar year. Decision to recall Reimo Hammerberg, Monica Hammer and David Bergendahl from the position of the supervisory board member of Baltic Horizon Fund with the last date of the office being 30 April 2025. Investors are invited to send questions and comments on the agenda to the Baltic Horizon fund manager at [email protected] by 31 March 2025. Northern Horizon Capital AS will respond to the questions and comments at the meeting itself. Participation – requirements and notice Investors who are entered in the Baltic Horizon Fund registry of unit-holders maintained by Nasdaq CSD SE and holders of SDRs registered in the Euroclear Sweden AB system ten days before the date of the General Meeting, i.e. at the end of business of Nasdaq CSD SE on 28 March 2025, are entitled to participate in the meeting. In order to facilitate the registration process, investors whose units are registered in their own name are invited to provide notice of their attendance by 4 April 2025 to [email protected]. Notice should include name, personal identification number (or the registration number of the legal person), address, number of units represented and, if applicable attendance of any representatives, along with the name and personal identification number of the representatives. The attendance of a representative does not deprive the unit-holder of the right to participate at the meeting. Instructions to holders of Baltic Horizon Fund SDRs registered with Euroclear Sweden AB in Sweden IMPORTANT REQUIREMENT: SDR holders whose SDR-s are registered with Euroclear Sweden AB via a bank or other nominee are required to notify their bank or nominee account provider by end of business of 28 March 2025 to temporarily add their name on the Euroclear Sweden AB owner register. Representation under a power of attorney Investors whose representatives are acting under a power of attorney are requested to prepare a written power of attorney for the representative in Estonian or English (templates can be found at Annex 1). A copy of the executed power of attorney should be sent to [email protected] together with the notice of participation. In case the power of attorney is issued by a legal person, a certified copy of the registration certificate (or equivalent certificate of authority) shall also be submitted together with, as applicable, the documents certifying the authority of the representative in case the power of attorney is signed by a person under a power of attorney. Baltic Horizon Fund is registered in Estonia, which means that any power of attorney (or any certified copy of the registration certificate of a legal person) issued in a foreign country should be notarised and accompanied by an apostille. The apostille requirement applies, for example, to powers of attorney issued and notarised in Sweden or Finland. Instructions for the day of the General Meeting We kindly ask Investors to bring a personal identification document, and for their representatives also to present the original written power of attorney in English or Estonian. In case the Investor is a legal person, documentation in Estonian or English certifying the authority of the Investor’s representative or the signatory of the power of attorney will also be requested. Data collected by Northern Horizon Capital AS from powers of attorney, the unitholders registry maintained by Nasdaq CSD SE, and the list of holders of SDRs registered in the Euroclear Sweden AB system will be used for the purpose of registration and preparing the voting list for the meeting. Northern Horizon Capital AS proposals on the agenda items Decision to elect Andrius Smaliukas as a new member of the supervisory board of the Baltic Horizon Fund According to section 11.2 of the Rules of Baltic Horizon Fund the members of the supervisory board shall be appointed at the general meeting for a period of at least two years. The proposal is to elect Andrius Smaliukas as a new member of the supervisory board. Dr. Smaliukas is the Managing Partner at MMSP, a Lithuanian law firm focused on strategic corporate advisory and dispute resolution. He previously partnered at one of the leading Pan-Baltic firm, Valiunas Ellex, and holds nearly 20 years of experience as an arbitrator and international arbitration lead counsel. Dr. Smaliukas earned his Ph.D. and Master of Laws from Vilnius University, conducted postgraduate research at Oxford, and completed executive programs at Cambridge Judge Business School and Harvard Law School. Dr.Smaliukas serves on the boards of Staticus Group, Kesko Senukai, has extensive advisory experience in commercial real estate M&A and investment management across the Baltic countries. Andrius Smaliukas does not hold any units of the Baltic Horizon Fund. Decision to elect Milda Dargužaitė as a new member of the supervisory board of the Baltic Horizon Fund According to section 11.2 of the Rules of Baltic Horizon Fund the members of the supervisory board shall be appointed at the general meeting for a period of at least two years. The proposal is to elect Milda Dargužaitė as a new member of the supervisory board. Milda Dargužaitė is the former CEO of Northern Horizon Capital A/S, the shareholder of Northern Horizon Capital AS. She was responsible for managing the company's operations and strategic direction, including the development of new funds and investment vehicles. Milda has significant experience in both the public and private sectors, locally and internationally. She joined the company in 2018 after roles as the Chancellor at the Lithuanian Prime Minister's Office, Managing Director of Invest Lithuania, and advisor to the Lithuanian Minister of Economy. Milda has a wealth of experience in finance and portfolio management from her time at Goldman Sachs in New York and Barclays in London. Milda Dargužaitė was the supervisory board member of Northern Horizon Capital AS from July 2018 until September 2023. Milda holds a bachelor’s degree in Mathematics and Economics from Middlebury College and a master’s degree in Operations Research and Financial Engineering from Princeton University. She has served on the boards of several Northern Horizon Group entities. Milda Dargužaitė does not hold any units of the Baltic Horizon Fund. Decision to elect Antanas Anskaitis as a new member of the supervisory board of the Baltic Horizon Fund According to section 11.2 of the Rules of Baltic Horizon Fund the members of the supervisory board shall be appointed at the general meeting for a period of at least two years. The proposal is to elect Antanas Anskaitis as a new member of the supervisory board. Antanas Anskaitis is a partner at Grinvest which is a private investment company with interests in real estate and transportation. Antanas has over 20 years of real estate investment management experience (out of which 16 within Northern Horizon Capital group). Since 2015 until 2020 Antanas managed a successful Baltic-Polish investment portfolio on behalf of Partners Group and lead over 30 commercial property transactions in the Baltics and Poland having experience both on sell and buy side. Antanas has MSc in Management and Economics. Grinvest through its subsidiary in Estonia Gene Investments OÜ is the largest unitholder in Baltic Horizon Fund (>25%) at the time of this notice. Decision to pay remuneration to the chairman of the supervisory board According to section 11.11 of the Rules of Baltic Horizon Fund, supervisory board members are entitled to remuneration for their service. The amount of remuneration payable to the chairman and members of the supervisory board shall be decided at the general meeting. According to section 11.4 of the Rules of Baltic Horizon Fund, supervisory board members elect a chairman from among themselves in the first meeting after election of any new member(s). The supervisory board in this composition intends working in close liaison with Northern Horizon Capital AS in the subcommittees and meet at least once a month while Baltic Horizon Fund is in the turnaround phase. The proposal is therefore to pay remuneration to the chairman of the supervisory board in the amount of EUR 36,000 per calendar year. Decision to pay remuneration to supervisory board members According to section 11.11 of the Rules of Baltic Horizon Fund, supervisory board members are entitled to remuneration for their service. The amount of remuneration payable to the chairman and members of the supervisory board shall be decided at the general meeting. The proposed remuneration is the same as for the current members of the supervisory board. The unitholder proposes to remunerate each supervisory board member (except the chairman, who shall be remunerated in accordance with point 4 above) in the amount of EUR 11,000 per calendar year. Decision to recall Reimo Hammerberg, Monica Hammer and David Bergendahl from the position of the supervisory board member of Baltic Horizon Fund According to section 10.3.3 of the Rules of Baltic Horizon Fund the members of the supervisory board shall be recalled at the general meeting. Annex 1: Form of power of attorney to appoint a representative for the general meeting (in Estonian) Form of power of attorney to appoint a representative for the general meeting (in English) For additional information, please contact: Tarmo Karotam Baltic Horizon Fund manager E-mail [email protected] www.baltichorizon.com The Fund is a registered contractual public closed-end real estate fund that is managed by Alternative Investment Fund Manager license holder Northern Horizon Capital AS. Distribution: GlobeNewswire, Nasdaq Tallinn, Nasdaq Stockholm, www.baltichorizon.com To receive Nasdaq announcements and news from Baltic Horizon Fund about its projects, plans and more, register on www.baltichorizon.com. You can also follow Baltic Horizon Fund on www.baltichorizon.com and on LinkedIn, Facebook, X and YouTube. Attachments Annex 1 - poa.Investors-EGM-template.2025-04-07.eng [https://ml-eu.globenewswire.com/Resource/Download/fb50b2de-c8e0-4d32-bfa3-92f607ff219d] Annex 1 - poa.Investors-EGM-template.2025-04-07.est [https://ml-eu.globenewswire.com/Resource/Download/e8239557-59a4-4b0b-b7b1-78e309dd69e5]