Arco Vara — Major Shareholding Notification 2026

May 18, 2026

Change in Significant Shareholding

Change in Significant Shareholding

Arco Vara AS announces a change in the structure of shareholders holding a
significant participation.

On 14 May 2026, Peeda OÜ informed Arco Vara AS that it had sold 400,000 shares
of Arco Vara AS to Alarmo Kapital OÜ.

Before the aforementioned transaction, Peeda OÜ owned a total of 1,062,644
shares of Arco Vara AS, corresponding to 6.12% of the share capital of Arco Vara
AS. Following the transaction, the participation of Peeda OÜ has fallen below
5.0% of the share capital of Arco Vara AS.

Before the aforementioned transaction, Alarmo Kapital OÜ owned a total of
8,763,104 shares of Arco Vara AS, corresponding to 50.45% of the share capital
of Arco Vara AS. Following the transaction, Alarmo Kapital OÜ owns 9,163,104
shares of Arco Vara AS, corresponding to 52.76% of the share capital of Arco
Vara AS.

The transaction was executed outside the stock exchange and the parties to the
transaction do not disclose the transaction price.

This notice is published in accordance with the requirements of § 185 and § 187
of the Securities Market Act.

Darja Bolshakova
CFO
Arco Vara AS
[email protected] (mailto:[email protected])