Baltic Horizon Fund general meeting of investors and a notice to convene a new general meeting of investors

Extraordinary General Meeting (hereinafter the “General Meeting”) of Baltic Horizon Fund unit-holders and Swedish Depositary Receipt (hereinafter the “SDR”) holders (hereinafter together the “Investors”) took place on 2 July 2024 in Tallinn, Estonia.  As announced to the market on 2 July 2024, the quorum was not reached and investors were not able to adopt the proposed resolution. According to section 10.11 of the rules of the fund, the management company Northern Horizon Capital AS  convenes a new general meeting, with the same agenda.

The new general meeting of Baltic Horizon Fund is to be held on 6 August 2024 at 14:00 (local Estonian time) at the office of Northern Horizon Capital AS at Hobujaama 5, 5th floor, 10151 Tallinn, Estonia. Registration for the meeting will begin at 13:30. The general meeting will be held in English.

The meeting is convened in accordance with sections 8.3, 8.7, 10.3.1, 10.4, 10.6 and 10.11 of the Rules of Baltic Horizon Fund and sections 47-1 and 55-9 of the Investment Funds Act of Estonia.

Investors are invited to join the webinar to view the General Meeting online on 6 August 2024 at 14:00. Investors are invited to issue a power of attorney with instructions for voting to exercise their rights as an Investor. We propose the Investors to consider designating fund manager Tarmo Karotam as their authorised representative (please see instructions below and templates at Annex 1).

To join the webinar, please register via the following link:

https://nasdaq.zoom.us/webinar/register/WN_92bcS3TsQH2FeVE_qQYKrQ

You will be provided with the webinar link and instructions how to join successfully. The webinar will be recorded and available online for everyone at the company’s website on www.baltichorizon.com.

The total number of units and votes in Baltic Horizon Fund amounts to 119,635,429.

Agenda

1. Resolution on the issuance of new units by way of private placement in 2024 in order to strengthen the balance sheet of Baltic Horizon Fund.

Investors are invited to send questions and comments on the agenda to the Baltic Horizon fund manager at [e-mail] by 31 July 2024. Northern Horizon Capital AS responds to questions and comments as quickly as possible, but no later than at the general meeting.