Baltika

Regulatory Filings • Jun 18, 2021

Company Type Category Disclosure time AS BALTIKA Company Release Other corporate action 18 Jun 2021 09:00:00 +0300

Currency

Announcement of Baltika Retail OÜ liquidation Title

At the 15(th) of June 2021 meeting, the Supervisory Board of AS Baltika approved the plan to liquidate AS Baltika's subsidiary Baltika Retail OÜ. Baltika Retail OÜ was operating in the past as a real-estate holding company, but the last related contract regarding warehouse finishes 30.06.2021. The transaction is expected to be finalized in the second half of 2021. As the business activity will continue in the same volume, the transaction does not have an effect on AS Baltika consolidated profit, assets or liabilities. AS Baltika confirms that the above-mentioned transaction does not constitute a transaction with a related party and the members of the Supervisory and Management Board of AS Baltika do not have any other personal interest in the transaction.

Flavio Perini Chief Executive Officer | Chairman of the Board AS Baltika E: flavio.perini@baltikagroup.com (mailto:flavio.perini@baltikagroup.com)

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