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The results of the voluntary takeover bid made of the shares of Aktsiaselts Ekspress Grupp

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HHL  Rühm  Osaühing  (the  "Bidder")  made  a  voluntary takeover bid to all the
shareholders  of Aktsiaselts Ekspress Grupp ("Ekspress Grupp") for acquiring all
the  shares of  Ekspress Grupp  (the "Shares")  not yet  in the ownership of the
Bidder  (the "Bid"). The Bid was made based on the Bid notice (the "Bid Notice")
and  the  prospectus  attached  to  it  (the "Prospectus", together with the Bid
Notice, the "Bid Documents").

The  Estonian Financial Supervision and Resolution Authority approved the Bid on
24 November  2025, and the Bid Documents were published on 25 November 2025. The
Bid  commenced  on  25 November  2025 at  10:00 and ended on 22 December 2025 at
16:00.

The  purchase price offered  by the Bidder  within the Bid  was EUR 1.25 per one
Share (the "Purchase Price").

As  a response to the  Bid the shareholders participating  in the Bid decided to
sell   to   the   Bidder   in   total   6,982,181 Shares   that  corresponds  to
approximately 22.55%  of all the Shares. The  Bidder will give its acceptance to
conclude  the sales contracts with all the shareholders that participated in the
Bid on terms provided in the Prospectus.

The  payment of the Purchase Price to  all the shareholders participating in the
Bid  and transfer of the Shares to the Bidder takes place on 31 December 2025 at
the latest (the "Settlement Date") in accordance with the procedure described in
the  Bid Documents. On the Settlement Date each shareholder participating in the
Bid  shall be paid the amount of  the Purchase Price corresponding to the number
of the Shares sold by that shareholder against the transfer of such Shares.

Before  publishing the Bid  Documents and as  of the end  of the last day of the
Bid,  the Bidder held in total 22,775,442 Ekspress Grupp Shares that amounted to
73.57% of all Ekspress Grupp Shares. As a result of the Bid, the Bidder acquires
in  total 6,982,181 Shares that  amounts to approximately 22.55%  of all Shares.
After  the Settlement  Date, the  Bidder, thus,  owns in total 29,757,623 Shares
that  amounts to 96.12% of all Shares. Thus,  the Bidder acquires as a result of
the  Bid a  shareholding in  Ekspress Grupp  due to  which at  least 9/10 of the
voting  share capital of Ekspress Grupp is  represented by Shares held by it and
therefore the condition described in § 182(1) of the Securities Market Act shall
be  fulfilled on the Settlement Date, and accordingly the Bidder has up to three
months  to adopt the decision in the general meeting of the shareholders, on the
acquisition of the remaining Shares.

Accordingly,  the Bidder  applies for  the takeover  of the  remaining Shares in
accordance  with  the  provisions  of  182(1) of  the  Securities Market Act and
Chapter  29(1) of the Commercial Code. For this purpose, the Bidder will prepare
a  takeover report explaining and justifying  the conditions for the transfer of
the  Shares held by the minority shareholders  and the basis for determining the
amount  of compensation to be paid for  the Shares. Following the preparation of
the takeover report and their auditor's report, the Bidder will request Ekspress
Grupp to convene a meeting of the shareholders to decide on the takeover and the
termination  of trading of the Shares on Nasdaq Tallinn Stock Exchange. Prior to
the general meeting of shareholders, the shareholders will be given at least one
month's  access to the draft resolutions of the general meeting of shareholders,
the  annual reports  of Ekspress  Grupp for  the last  three years, the takeover
report, and the auditor's report.

Ülar Maapalu
Chairman of the Supervisory Board
[email protected]
(https://www.globenewswire.com/Tracker?data=IXbcqiFgRkbgo33REggziAr1m5B1gX77eltg
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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 in Latvia and Estonia, offers digital outdoor screen service in Estonia
and Latvia. In addition, the Group companies organize conferences, trainings and
events mainly in Estonia and Lithuania but also in Latvia. Ekspress Grupp
launched its operations in 1989 and employs about 1000 people.