Ekspress Grupp

Legal Proceedings Report • Dec 23, 2025

AS Ekspress Grupp sells a shareholding in a Lithuanian company UAB Lrytas

AS Ekspress Grupp sells a shareholding in a Lithuanian company UAB Lrytas

AS Ekspress Grupp has signed a sale and purchase agreement with
UAB Admisa on 23 December 2025. Under the agreement, AS Ekspress Grupp will sell
its 100% shareholding in UAB Lrytas (registration code 300781534) to Lithuanian
company UAB Admisa.

UAB Lrytas operates the popular Lithuanian news portal lrytas.lt, which was
established in 2006 and employs about 60 people. After the transaction, Lrytas
will continue operating as a news portal under new ownership.

The sale comes after a prolonged regulatory process that began in 2023 when the
Competition Council started investigation Ekspress Grupp's acquisition of
Lrytas. As a result of the transaction, a one-off net loss of approximately EUR
2.3 million will be incurred from the sale.

The parties have agreed neither to disclose the price nor any other terms of the
transaction. The transaction is scheduled to be completed by the end of 2025.
Lithuanian Competition Council has approved the transaction.

The transaction is not considered as a significant transaction according to the
rules and regulations of the NASDAQ Tallinn Stock Exchange "Requirements for
Issuers". Ekspress Grupp confirms that the members of the Group's Management and
Supervisory Board are not personally interested in the transaction.

Mari-Liis Rüütsalu
Chairman of the Management Board
+372 512 2591
[email protected] (mailto:[email protected])

AS Ekspress Grupp is the leading Baltic media group whose key activities include
web media content production, and publishing of newspapers, magazines and books.
The Group also operates an electronic ticket sales platform and ticket sales
offices in Latvia and Estonia, offers digital outdoor screen service in Estonia
and Latvia. In addition, the Group companies organize conferences, trainings and
events mainly in Estonia and Lithuania but also in Latvia. Ekspress Grupp
launched its operations in 1989 and employs about 1000 people.