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Arco Vara AS

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22.01.2026 09:30:00

Pealkiri

Arco Vara AS tegevjuht vahetub

Teade

Arco Vara AS juhatuse liige ja tegevjuht Kristina Mustonen on esitanud avalduse
juhatuse liikme ja tegevjuhi ametikohalt tagasiastumiseks omal soovil.

Arco Vara nõukogu esimehe Kert Keskpaiga sõnul on Kristina Mustonen andnud
ettevõtte arengusse olulise panuse. ? Nõukogu poolt täname Kristinat panuse eest
Arco Vara arengusse ja soovime edaspidiseks kõike head ning edu. Kristina
juhtimisel kasvas Arco Vara arenduste maht oluliselt, omandatud sai nii Lutheri
kvartal kui ka Spordi arendus. Nõukogu alustab peagi kohtumisi uue juhi
kandidaatidega. Arco Vara vajab tugevat juhti, et viia edukalt ellu nii Lutheri
kvartal kui ka meie muud arendused, olles seejuures kasvav ja kasumlik
ettevõte," märkis Keskpaik.

2024. aastal Arco Varaga liitunud Kristina Mustoneni sõnul on otsus tagasi
astuda tehtud isiklikel põhjustel. ?Järgmise kolme kuu jooksul keskendun sujuva
juhtimise üleandmise ettevalmistamisele uuele juhile ning toetan tema
sisseelamist ettevõtte juhtimisprotsessidesse. Koostöös finantsjuhiga viin
lõpuni 2025. aasta auditeeritud majandustulemuse koostamise, mille protsessiga
on juba alustatud. Samuti jätkuvad Lutheri kvartali ettevalmistustööd ning
pärast kõigi vajalike sammude ettevalmistamist alustatakse ehitustöödega," ütles
Kristina Mustonen.

Tagasiastumine toimub vastavalt juhatuse liikme lepingule ning juhatuse liikme
volitused lõppevad pärast etteteatamistähtaja möödumist. Arco Vara nõukogu on
alustanud vajalike toimingutega tegevjuhi kohustuste sujuva ülemineku
tagamiseks.

Arco Vara kinnitab, et juhatuse liikme ja tegevjuhi vahetus ei tähenda ettevõtte
strateegia muutumist. Ettevõtte plaan maksta dividende ning jätkata kasvu
kogenud juhtimise all jääb kehtima.

Darja Bolshakova
Finantsjuht
Arco Vara AS
[email protected] (mailto:[email protected])

Pealkiri

Change of Chief Executive Officer of Arco Vara AS

Teade

Kristina Mustonen, Member of the Management Board and Chief Executive Officer at
Arco Vara AS has submitted her resignation from the positions of Member of the
Management Board and Chief Executive Officer on her own initiative.

According to Kert Keskpaik, Chairman of the Supervisory Board of Arco Vara AS,
Kristina Mustonen has made a significant contribution to the development of the
Company. "On behalf of the Supervisory Board, we would like to thank Kristina
for her contribution to the development of Arco Vara and wish her all the best
and continued success. Under her leadership, the volume of Arco Vara's
development projects increased significantly, and the Company acquired both the
Luther Quarter and the Spordi development. The Supervisory Board will soon begin
meetings with candidates for the new CEO. Arco Vara needs a strong leader to
successfully implement the Luther Quarter as well as the Company's other
developments, while remaining a growing and profitable company," said Keskpaik.

Kristina Mustonen, who joined Arco Vara in 2024, stated that the decision to
resign was made for personal reasons. "Over the next three months, I will focus
on preparing a smooth transfer of management responsibilities to the new CEO and
support their onboarding into the Company's management processes. Together with
the Chief Financial Officer, I will complete the preparation of the audited
financial results for 2025, a process that has already been initiated.
Preparatory work for the Luther Quarter will also continue, and construction
works will commence after all necessary steps have been completed," said
Mustonen.

The resignation will take effect in accordance with the terms of the Management
Board member's contract, and the mandate of the Management Board member will end
after the notice period has expired. The Supervisory Board of Arco Vara AS has
initiated the necessary procedures to ensure a smooth transition of the Chief
Executive Officer's responsibilities.

Arco Vara confirms that the departure of the CEO will not affect Arco Vara's
strategy, and the plan to pay dividends and grow the company under experienced
leadership remains valid.

Darja Bolshakova
CFO
Arco Vara AS
[email protected] (mailto:[email protected])