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Resolutions of the Annual General Meeting of Shareholders of Aktsiselts Infortar

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Aktsiaselts   Infortar  (registry  code  10139414, seat  and  address  Liivalaia
9, 10118 Tallinn),  held its Annual General Meeting of Shareholders (hereinafter
the  General Meeting) on 20 May 2024 at  11:00 (Estonian time) at the conference
centre of Tallink SPA & Conference Hotel at Sadama 11a, Tallinn.

52 shareholders  were registered as  attending at the  Annual General Meeting of
Shareholders, who owned 18,685,543 votes/shares (the amount of represented share
capital 1,868,554.30 EUR), forming 88,28% of Aktsiaselts Infortar share capital.

Resolutions adopted at the meeting:

1. Approve  the  2023 Annual  Report  of  Aktsiaselts  Infortar submitted by the
Management Board

In  favour of the resolution voted 100% of  the votes represented at the meeting
(18,685,527 votes).

2. Approve  the following proposal  for the distribution  of profit submitted by
the Management Board of Aktsiaselts Infortar:

2.1. Approve the net profit for 2023 in the amount 293,830 thousand euros;

2.2 Pursuant  to  section  11 of  the  articles  of  association  of Aktsiaselts
Infortar, enter an additional 7,145.11 euros in the statutory legal reserve;

2.3 Pay  the Shareholders dividend 3 euros per  share. Dividend shall be paid in
two parts as follows:

2.3.1. 1.5 euros  per  share  shall  be  paid  to the Shareholders who have been
entered  in the list of  Shareholders on 3 June 2024 at  the end of the business
day  of  the  settlement  system  of  the  securities  registrar  (record-date).
Consequently, the day of change of the rights related to the shares (ex-date) is
31 May  2024. Dividend  shall  be  paid  to  the Shareholders on 12 June 2024 by
transfer to the bank account of the Shareholder;

2.3.2. 1.5 euros  per  share  shall  be  paid  to the Shareholders who have been
entered  in  the  list  of  Shareholders  on  3 December  2024 at the end of the
business day of the settlement system of the securities registrar (record-date).
Consequently, the day of change of the rights related to the shares (ex-date) is
2 December 2024. Dividend shall be paid to the Shareholders on 12 December 2024
by transfer to the bank account of the Shareholder.

In  favour  of  the  resolution  voted  100.00% of  the votes represented at the
meeting (18,685,542 votes).

3. Due  to  the  expiry  of  the  term  of  authorisation  of  the Member of the
Supervisory  Board Toivo Ninnas on 20 February 2025, to extend the authorisation
of  Toivo Ninnas as the Member of the Supervisory Board for the next 5-year term
as of 21 February 2025.

In favour of the resolution voted 93,17% of the votes represented at the meeting
(17,409,820 votes).

4. Approve  the  issue  of  Options  to  members  of  the  Supervisory  Board of
Aktsiaselts  Infortar under the  Option Plan and  the conclusion of share option
agreements with them as follows:

4.1. Member  of the Supervisory  Board of Aktsiaselts  Infortar Enn Pant has the
right  to acquire  6000 share options  (which gives  the right  to acquire 6000
shares  of Aktsiaselts Infortar) for the 4th year  of the Option Plan (period 1
July 2024-1 July 2025).

4.2. Member of the Supervisory Board of Aktsiaselts Infortar Kalev Järvelill has
the  right to acquire 6000 share options (which gives the right to acquire 6000
shares  of Aktsiaselts Infortar) for the 4th year  of the Option Plan (period 1
July 2024-1 July 2025).

4.3. Member  of the Supervisory  Board of Aktsiaselts  Infortar Toivo Ninnas has
the  right to acquire 6000 share options (which gives the right to acquire 6000
shares  of Aktsiaselts Infortar) for the 4th year  of the Option Plan (period 1
July 2024-1 July 2025).

4.4. Member  of the Supervisory  Board of Aktsiaselts  Infortar Mare Puusaag has
the  right to acquire 6000 share options (which gives the right to acquire 6000
shares  of Aktsiaselts Infortar) for the 4th year  of the Option Plan (period 1
July 2024-1 July 2025).

4.5. Authorise  the Chairman of the Management Board of Aktsiaselts Infortar Ain
Hanscshmidt  to conclude the share option  agreements with the above Supervisory
Board  members  and  to  issue  the  above  amount of share options on the terms
provided in the Option Plan.

In  favour of the resolution voted 100% of  the votes represented at the meeting
(16,639,500 votes).

5. To  appoint the company of  auditors KPMG Baltics OÜ  to conduct the audit of
Aktsiaselts  Infortar  in  the  financial  year  2024 and to remunerate the work
according to the audit contract to be concluded with the auditor.

In  favour of the resolution voted 100% of  the votes represented at the meeting
(18,685,479 votes).

Infortar  operates in six  countries, the company's  main fields of activity are
energy,  maritime transport, and real estate.  Infortar owns a 46,7% stake in AS
Tallink  Grupp, a 100% stake  in AS Eesti  Gaas and a  versatile and modern real
estate  portfolio of approx. 113,000 m2. In addition  to the three main areas of
activity,   Infortar  also  operates  in  construction  and  mineral  resources,
agriculture,  printing,  taxi  business  and  many  other areas. A total of 103
companies  belong to the Infortar group: 48 subsidiaries, 5 affiliated companies
and  50 subsidiaries  of  affiliated  companies.  Excluding affiliates, Infortar
employs 1,325 people.

Additional information:
Kadri Laanvee
Investor Relations Manager
e-mail: kadri.laanvee@infortar.ee (mailto:kadri.laanvee@infortar.ee)
phone: +372 5156662
https://infortar.ee/en/investor