Merko Ehitus

Major Shareholding Notification • Sep 6, 2024

Company Type Category Disclosure time AS MERKO EHITUS Company Release Other corporate action 06 Sep 2024 08:00:00 +0300

Currency

Construction contract in Estonia (office building in Tallinn) Title

On 5 September 2024, AS Merko Ehitus Eesti, part of AS Merko Ehitus group, and Estconde Invest OÜ entered into a design-and-build contract of an office building located at Tartu mnt 1, Tallinn.

The contract includes construction of a 27-storey class A office building with two underground floors, necessary infrastructure and surrounding territory. The building will be completed according to the international BREEAM standard at the level Excellent.

The contract value is approximately EUR 64.3 million, plus value added tax. The duration of the works is 40 months.

AS Merko Ehitus Eesti (merko.ee (https://merko.ee/en/)) is a recognised Estonian construction company, which offers construction services in general construction, civil engineering and residential construction.

Additional information: AS Merko Ehitus Eesti, Director of the General Construction Division, Mr. Marek Hergauk, phone: +372 680 5105.

Urmas Somelar Head of Finance AS Merko Ehitus +372 650 1250 urmas.somelar@merko.ee (mailto:urmas.somelar@merko.ee)

AS Merko Ehitus (group.merko.ee (https://group.merko.ee/en/)) group companies construct buildings and infrastructure and develop real estate. We create a better living environment and build the future. We operate in Estonia, Latvia, and Lithuania. As at the end of 2023, the group employed 635 people, and the group's revenue for 2023 was EUR 466 million.

Finantsinspektsioon http://www.fi.ee