Tallinna Sadam

Capital/Financing Update • Sep 13, 2024

Changes in the debt obligations of AS Tallinna Sadam

AS Tallinna Sadam signed an unsecured loan agreement with AS Swedbank in the
amount of EUR 10 million and a maturity of 4 years. The interest rate of the
loan is 6-month Euribor plus interest margin. The loan amount can be drawn until
31 December 2024 and the final maturity date is 13 September 2028. The funding
will be used partially to refinance existing debt obligations and partially to
finance the company's general business needs, also as bridge financing for
investments.

Tallinna Sadam is one of the largest cargo- and passenger port complexes in the
Baltic Sea region. In addition to passenger and freight services, Tallinna Sadam
group also operates in shipping business via its subsidiaries - OÜ TS Laevad
provides ferry services between the Estonian mainland and the largest islands,
and OÜ TS Shipping charters its multifunctional vessel Botnica for icebreaking
and offshore services in Estonia and projects abroad. Tallinna Sadam group is
also a shareholder of an associate AS Green Marine, which provides waste
management services.

Additional information:

Angelika Annus
Head of Investor Relations
Tel. +372 5649 6230
[email protected] (mailto:[email protected])