Börsiteade

Pealkiri

Notice of Annual General Meeting of Shareholders

Teade

Dear shareholder of AS Ekspress Grupp

Notice  is hereby given that the Management Board of AS Ekspress Grupp (registry
code  10004677, official  address  Parda  6, 10151 Tallinn)  convenes the Annual
General  Meeting of Shareholders,  which will be  held on 6(th) of June, 2018 at
10:00 at  the seat of AS Ekspress Grupp, in the city of Tallinn, Parda 6, 6(th)
floor.
The  registration of  participants in  the Meeting  will commence at 9:30 at the
location of the Meeting.

Pursuant  to the  decision of  the Supervisory  Board of  AS Ekspress Grupp, the
Agenda of the Annual General Meeting of Shareholders shall be as follows

1. The  approval of  the Annual  Report for  the financial year 1(st) of January
2017 - 31(st) of December 2017
2. The approval of the 2017 profit distribution proposal
3. Recall of members of the Supervisory Board

The  Supervisory Board and the Management Board of AS Ekspress Grupp present the
following proposals to the shareholders regarding the agenda items

 1. The approval of the Annual Report for the financial year 1(st) of January
    2017 - 31(st) of December 2017

To approve the Annual Report for the financial year 1(st) of January 2017 -
31(st) of December 2017 of AS Ekspress Grupp.

 1. The approval of the 2017 profit distribution proposal

To  approve the profit distribution proposal for 2017. To distribute total 3.14
million euros as follows: to increase statutory reserve by 157 000 euros; to pay
dividends 7 (seven) euro cents per share in total amount of 2.086 million euros;
the  remaining 897 000 euros to be allocated to the retained earnings. The right
to  participate in distribution of profit  applied to shareholders who have been
registered  in the  list of  AS Ekspress  Grupp shareholders  on 20(th) of June,
2018 at  the end  of the  working day  of the  settlement system. The ex-date is
19(th) of June, 2018. From that date the new owner of the shares is not entitled
to dividends for the year 2017. Dividends will be paid out on shareholder's bank
account on July 3, 2018.

 1. Recall of members of the Supervisory Board

To recall Marek Kiisa (isikukood 36811160335) from the Supervisory Board.

The circle of shareholders entitled to attend the Annual General Meeting will be
determined  7 days prior to the General  Meeting, i.e. on 30(th) of May, 2018 at
the end of the working day of the settlement system.

All  documents concerning the  Annual General Meeting  of the Shareholders of AS
Ekspress Grupp, including draft resolutions, are available on the homepage of AS
Ekspress  Grupp at www.egrupp.ee (http://www.egrupp.ee), as  well as at the seat
of  AS  Ekspress  Grupp,  Parda  6, Tallinn,  6(th) floor, on business days from
10:00 to  16:00 starting from  the date  of notification  of the  Annual General
Meeting until the date of the Annual General Meeting (inclusive).

At  the General Meeting, the shareholders are entitled to receive information on
the activities of AS Ekspress Grupp from the Management Board. If the Management
Board  of AS Ekspress Grupp refuses to provide information, the shareholders may
demand  that the General  Meeting decide on  the legitimacy of  their demand, or
submit,  within two weeks, an application to court in proceedings on petition to
require the Management Board to provide the information.

Shareholders  whose  shares  represent  at  least  1/20 of the share capital are
entitled  to present a draft resolution on each agenda item to AS Ekspress Grupp
at least 3 days prior to the General Meeting, i.e. until 1(st) of June, 2018, by
submitting it in writing to AS Ekspress Grupp, Parda 6, Tallinn 10151.

Shareholders  whose  shares  represent  at  least  1/20 of the share capital are
entitled  to request  the inclusion  of additional  items in  the agenda  of the
General Meeting of AS Ekspress Grupp, provided that the request is submitted 15
days  prior to  the General  Meeting at  the latest,  i.e. until  21(st) of May,
2018, by submitting it in writing to AS Ekspress Grupp, Parda 6, Tallinn 10151.

As   at  14(th) of  May,  2018, the  share  capital  of  AS  Ekspress  Grupp  is
17 878 104.60 euros.  The total number of  shares is 29 796 841, with each share
granting  one vote.  The right  to vote  is not  granted to  AS Ekspress Grupp's
17 527 own shares.

For the registration of participants in the Annual General Meeting of
Shareholders, we kindly ask:

shareholders  who  are  natural  persons  to  present an identity document (e.g.
passport or ID card) and representatives of shareholders who are natural persons
to  present  an  identity  document  and  a  written  document  certifying their
authorisation;

representatives  of shareholders who are legal persons to present an extract (or
other  such document)  from the  relevant (commercial)  register where the legal
person  is registered (issued no more than  7 days prior to presenting), and the
identity document of the representative. In the case of legal persons registered
in  a  foreign  country,  the  extract  from  the  register must be legalised or
certified   by   an   apostil,  unless  stipulated  otherwise  in  international
agreements.  Transactional representatives of shareholders who are legal persons
must,  in addition to  the aforementioned documents,  present a written document
certifying   their   authorisation.  AS  Ekspress  Grupp  may  also  register  a
shareholder  who is a legal person in a  foreign country as a participant in the
General  Meeting if all  the required data  concerning the legal  person and the
representative  is contained in a notarised authorisation document issued in the
foreign country and the authorisation document is acceptable in Estonia.

Prior to the General Meeting, shareholders may give notice of the appointment of
a representative and the withdrawal by the principal of the authorisation via e-
mail  to the address [email protected] (mailto:[email protected]) or by delivering
the  aforementioned document(s) to  the seat of  AS Ekspress Grupp  at Parda 6,
Tallinn, 6(th) floor (on business days from 10:00 to 16:00) by 16:00 on 5(th) of
June,  2018 at the latest, using  the templates available on  the homepage of AS
Ekspress   Grupp,   www.egrupp.ee  (http://www.egrupp.ee).  Information  on  the
procedure  of appointment and revocation of the authorisation of representatives
is   available   on   the   homepage   of   AS   Ekspress  Grupp,  www.egrupp.ee
(http://www.egrupp.ee).

Additional information:
         Mari-Liis Rüütsalu
         Chairman of the Management Board
         GSM: +372 512 2591
         e-mail: [email protected]

Attachment

  * EG_draft resolutions_ENG 06 06 2018 (https://prlibrary-
    eu.nasdaq.com/Resource/Download/215901ef-7697-417c-8ec0-5c888e552b04)