Börsiteade

Pealkiri

Adoption of Resolutions of the General Meeting of Shareholders of as Baltika Without Convening the Meeting

Teade

The  Management Board of AS Baltika, registry code 10144415, address Valukoja tn
10, Tallinn   proposes   to   the  shareholders  to  adopt  resolutions  of  the
shareholders  without convening a meeting pursuant to § 299(1) of the Commercial
Code.

Any  questions of shareholders relating to  the resolutions proposed can be sent
in        advance       to       the       e-mail       [email protected]
(mailto:[email protected])  until 16(th) June and answers to all relevant
questions  will be made public on  website of AS Baltika on www.baltikagroup.com
(http://www.baltikagroup.com/).

The  list of shareholders entitled to vote the shareholders' resolutions will be
fixed  on 15(th) June  2022 at the  end of  the business  day of  the NASDAQ CSD
settlement system.

Resolutions  of the shareholders can be voted  in the period from 16(th) June to
22(nd) June  2022 (inclusive). If a shareholder abstains, he/she shall be deemed
to have voted against the resolutions.

A shareholder has two options for giving his/her vote:

 1. By e-mail to [email protected] (mailto:[email protected])
    during the voting period, by sending a digitally signed or signed on paper
    and scanned voting ballot filled in by the voting shareholder or his/her
    authorized representative.
 2. By submitting or sending filled-in voting ballot signed by hand by the
    voting shareholder or his/her authorized representative to the head-office
    of AS Baltika at Valukoja 10, 11415 Tallinn so that it arrives no later than
    22 June 2022 at 4 pm (EET).

When  sending a paper-signed  and scanned voting  ballot by e-mail  or sending a
paper-signed  voting ballot  by post,  a copy  of the  personal data page (incl.
document  validity  date)  of  the  shareholder's  or  his/her  representative's
identity  document  (e.g.  passport  or  ID  card)  must be sent with the voting
ballot.  The shareholder's  representative must  also forward  a valid  power of
attorney in Estonian or English in a form that can be reproduced in writing. The
shareholder  may use a power of attorney  form, which is available on website of
AS Baltika on www.baltikagroup.com (http://www.baltikagroup.com).

If  the shareholder is  a legal entity  registered in a  foreign country, please
forward  a copy  of the  extract from  the relevant foreign commercial register,
which  shows the right of the representative to represent the shareholder (legal
authorization).  The statement must be in English or translated into Estonian or
English by a sworn translator or an official equivalent to a sworn translator.

The  proposals of the Management Board approved  by the Supervisory Board are as
follows:

 1. Approval of the 2021 Annual report

To approve the 2021 Annual report of AS Baltika as presented.

 1. Profit allocation for 2021

To  confirm that  the 2021 business  year terminated  with the  net loss  of EUR
2,900,644.

 1. Nomination of the auditor and remuneration

To  appoint  KPMG  Baltics  OÜ  as  the  auditors of AS Baltika for auditing the
financial  years  2022-2023 and  to  remunerate  the  auditor  pursuant  to  the
agreement entered into respectively.

The  2021 Annual  report  of  AS  Baltika,  the independent auditor's report and
voting  ballots  will  be  available  to  the  shareholders from the date of the
release  of this  notice at  the website  of AS  Baltika on www.baltikagroup.com
(http://www.baltikagroup.com/)  and at the website of the NASDAQ CSD SE Estonian
branch   on www.nasdaqbaltic.com   (http://www.nasdaqomxbaltic.com/).  Questions
regarding  the  agenda  items  can  be sent by email to [email protected]
(mailto:[email protected]) or posted to the company's address.

The  resolutions  adopted  by  the  shareholders  will  be  published as a stock
exchange announcement and on the website of AS Baltika no later than 29(th) June
2022 in accordance with Commercial Code § 299(1) (6).



Brigitta Kippak
Member of the Management Board
[email protected] (mailto:[email protected])