Ekspress Grupp — Governance Information 2026

Apr 28, 2026

Report of the Supervisory Board of AS Ekspress Grupp
27.04.2026
On the financial year 1 January, 2025 – 31 December, 2025

The Supervisory Board of AS Ekspress Grupp has prepared and approved the report to the annual general meeting of shareholders of AS Ekspress Grupp that reflects the activities of the Supervisory Board in the management and organization of the work of the group formed by AS Ekspress Grupp and its subsidiaries.

The Supervisory Board of AS Ekspress Grupp has reviewed the consolidated annual report for the financial year ended 31 December 2025, that is prepared and approved by the Management Board. The report consists of management report, sustainability report, corporate governance report, remuneration report, consolidated financial statements, the Management Board's confirmation of the annual report, independent auditor's limited assurance report, independent auditor's report, proposal for profit allocation and the declaration of the Management Board and the Supervisory Board. The Supervisory Board unanimously approved the report by its decision of 30 March 2026.

The Supervisory Board has organized and managed the activities of AS Ekspress Grupp in accordance with current legislation and the articles of association.

During the meetings of the financial year of 2025, the Supervisory Board discussed issues related to the management and organization of the operations of AS Ekspress Grupp and related information, including the group's financial results, strategic plans, business acquisition opportunities and development trends in Estonia and other Baltic countries.

The Chairman of the Supervisory Board of AS Ekspress Grupp during the previous financial year was Priit Rohumaa until May 8, and from May 23 onwards, Ülar Maapalu. The list of persons who have been members of the Supervisory Board during the financial year of 2025 is attached to the report.

The meetings of the Supervisory Board usually take place quarterly, but during the previous financial year, decisions were taken at eight meetings of the Supervisory Board, attended by all members of the Supervisory Board. On fifteen occasions, resolutions were made without calling a meeting.

According to the understanding of the Supervisory Board, the Management Board has sent the issues beyond everyday business activities of AS Ekspress Grupp to the Supervisory Board for approving according to the law and the articles of association.

The Supervisory Board has also approved the Management Board's performance during the reporting period. The Supervisory Board thanks the Management Board of AS Ekspress Grupp and all its employees for their contribution to the development of the group in 2025.

In an era where adversaries of democracy disseminate disinformation and exploit social media to sow division within society, the newsrooms of Ekspress Grupp uphold a professional responsibility as guardians of a balanced information environment, ensuring content is verified through multiple sources.

The report has been approved by Supervisory Board decision 27.04.2026.

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Supervisory Board

Ülar Maapalu /digitally signed/
Argo Virkebau /digitally signed/
Sami Seppänen /digitally signed/

Annex 1 – members of the Supervisory Board in 2025

In 2025, the members of the Supervisory Board of AS Ekspress Grupp were as follows:

Name	Note
Priit Rohumaa	Until 08.05.2025, Chairman
Hans H. Luik	Until 23.05.2025
Triin Hertmann	Until 23.05.2025
Sami Jussi Petteri Seppänen
Ülar Maapalu	From 23.05.2025, Chairman
Argo Virkebau	From 23.05.2025, Chairman