Ekspress Grupp — AGM Information 2022

May 2, 2022

S H A R E H O L D E R S A N N U A L G E N E R A L M E E T I N G 2 M A Y 2 0 2 2

AGENDA

• 1. The approval of the 2021 annual report of AS Ekspress Grupp
• 1. The approval of the proposal for distribution of profits
• 1. Determining the acquisition of AS Ekspress Grupp's own shares and laying down the terms of the share buyback program
• 1. Recall of a Supervisory Board member
• 1. Remuneration of the member of the Supervisory Board
• 1. The approval of the Remuneration Policy for the Executive Management of AS Ekspress Grupp
• 1. Election of the member of the Supervisory Board
• 1. Remuneration of the member of the Supervisory Board

2021 OVERVIEW

EKSPRESS GRUPP 2021

Key events 2021

• Digital subscriptions post new records (+62%, 135,000 subscribers)
• Divestment of printing business, 76% of Group revenues digital post close
• DOOH expansion in Latvia: acquisition of 5 screens and Riga municipality tenders won (additional 91 spaces for new screens)
• A new Estonian ticket sales platform Piletitasku launched (April 2021)
• Refinancing of senior loan with SEB (maturity extended, repayments reduced) in the summer
• Acquisition of Geenius Meedia to grow digital media business and expand into a niche publisher space

Our mission is to serve democracy

STRATEGY

• Key focus on digital business growth, specifically digital subscriptions growth.
• Keep paper products profitable, continue to provide paper media to its loyal readers.
• Continuing M&A activities to support existing core businesses which offer good synergies with the media.

	2026 target
Digital subscriptions in Baltics	>340 000
Share of digital revenues	>85%
EBITDA margin	>15%
Dividend pay-out rate at minimum	30%

Thank you!

8