Notice on convening Annual General Meeting of Shareholders

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 17^th of June, 2020 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.

The Management Board asks the shareholders to consider that due to the COVID-19 pandemic caused by the coronavirus it is advisable to minimize the extent of and participation in physical gatherings. Therefore, the Management Board urges the shareholders to vote on the draft resolutions prepared in respect to the items on the agenda of the general meeting using electronic means prior to the general meeting, and not to participate the general meeting in person.

In order to vote using electronic means the shareholders are to fill in a voting ballot – the ballot is attached to the notice on convening the general meeting both on the website of Nasdaq Baltic stock exchange (https://nasdaqbaltic.com/) as well as of Ekspress Grupp (http://egrupp.ee/en). The filled in ballot shall be signed digitally and sent to the Management Board by e-mail at [e-mail] by no later than on 16 June 2020 at 16:00. The exact procedure of the organisation of the electronic voting is also attached to the notice on convening the general meeting on the aforementioned websites.

In order to protect the participants of the general meeting, the Management Board affirms that appropriate measures will be taken on the site of the meeting to minimize the possibility of spreading the coronavirus. Appropriate disinfectants and personal protective equipment shall be provided on site of the meeting. We will update the measures to be taken as needed according to the overall situation and possible societal restrictions at the time of the meeting.

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

1. 1. The approval of the 2019 annual report of AS Ekspress Grupp.
   2. The approval of the proposal for distribution of profits.
   3. Election of the member of the Supervisory Board.
   4. Remuneration of the member of the Supervisory Board.
   5. Appointing the auditor for auditing the financial years covering the period from 01.01.2020 - 31.12.2023.
   6. Amendment of the Articles of Association.

The management board of AS Ekspress Grupp makes the following proposals to the shareholders about the items of the agenda: