Baltika

Related Party Transaction • Feb 23, 2022

Company Type Category Disclosure time AS BALTIKA Company Release Other corporate action 23 Feb 2022 14:00:00 +0200

Currency

Notification of a transaction involving a related party Title

Aktsiaselts BALTIKA (hereinafter referred to as "Baltika") wishes to inform investors of a subsequent transaction involving a related party.

Baltika and its shareholder, KJK Fund SICAV-SIF, have entered into a loan agreement with effect from 31 December 2021, under which KJK Fund SICAV-SIF will provide Baltika with a loan in the principal amount of 500,000 euros. The loan mentioned above has no term, no interest, and is not secured.

Due to the fact that KJK Fund SICAV-SIF owns a significant stake in Baltika and that Lauri Kustaa Äimä and Jaakko Sakari Mikael Salmelin, members of KJK Fund SICAV-Management SIF's Board, are also members of Baltika's Supervisory Board, the above transaction qualifies as a related party transaction under the Nasdaq Tallinn Stock Exchange's regulations.

Flavio Perini

Member of Management Board, CEO

flavio.perini@baltikagroup.com (https://www.globenewswire.com/Tracker?data=q-GPQmHVPZ7-bwxgoHHTM4AoxZUhoyHoT8WLnukay9nSRCgysUd-HdtnZxAzWqwVx6nnZvH49hlzXYS83R-aXYxnuAc0BkgLbhpn9rO8AeqGYAeKCGi6AiwDGx_8EkVt)

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