Tallink Grupp

AGM Information • May 18, 2018

AS Tallink Grupp Notice calling Annual General Meeting

AS Tallink Grupp Notice calling Annual General Meeting

Dear shareholder of AS Tallink Grupp,

The management board of AS Tallink Grupp, registration code 10238429, location

and the address at Sadama 5/7, 10111 Tallinn, is calling the annual general

meeting of shareholders on 12th June 2018 at 11:00 AM in the conference centre

of Tallink SPA & Conference Hotel, at the address Sadama 11a, Tallinn.

Registration of participants at the annual general meeting begins at 10:00 AM.

Agenda of the annual general meeting and the proposals of the supervisory board

and the management board regarding the points of agenda:

1. Approval of the annual report of the financial year 2017

To approve the annual report of the financial year 2017 of AS Tallink Grupp

presented by the management board.

2. Proposal on distribution of profits

To approve the following profit allocation proposal of AS Tallink Grupp prepared

by the management board:

1) To approve the net profit of the financial year of 2017 in the sum of

46 496 000  euros;

2) To allocate 2 325 000 euros from the net profit to the mandatory legal

reserve;

3) To pay dividends to the shareholders 0.03 euros per share, in the total

amount of 20 096 000 euros;

4) 24 075 000 euros to be transferred to the retained earnings.

The list of the shareholders entitled to dividends shall be fixed on

26.06.2018, at the end of the working day of the settlement system.  Dividends

shall be paid to the shareholders by transfer to the bank account of the

shareholders on 5.07.2018.

3. Extension of authority of the member of the supervisory board

To extend authority of the supervisory board member Kalev Järvelill for the next

statutory 3-years' term of authority.

The work of the members of the supervisory board is remunerated pursuant to the

resolution No 5 of 7.06.2012 of the annual general meeting.

4. Election of an auditor for the financial year 2018 and the determination of

the procedure of remuneration of an auditor

4.1. To elect the company of auditors KPMG Baltics OÜ to conduct the audit of

the financial year 2018.

4.2. The auditors shall be remunerated according to the audit contract to be

concluded.

The list of the shareholders entitled to participate at the annual general

meeting shall be determined 7 days before the date of the Annual General

Meeting, on 05.06.2018, at the end of the working day of the settlement system.

The materials of the annual general meeting, including the drafts of the

resolutions, annual report of the financial year 2017 of AS Tallink Grupp, the

auditors' report, the profit distribution proposal may be examined on the home-

page of AS Tallink Grupp by the address www.tallink.com

(http://www.tallink.com/), on the home-page of Tallinn Stock Exchange by the

address http://market.ee.omxgroup.com/ and in the office of AS Tallink Grupp at

the address Sadama 5/7, Tallinn, 1(st) Floor, on business days from 09:00 AM to

4:00 PM from the calling of the general meeting until the general meeting takes

place.

Questions concerning the items on the agenda may be sent on the e-mail address

info@tallink.ee (mailto:info@tallink.ee).

A shareholder has the right to receive information on the activities of the AS

Tallink Grupp from the management board at the general meeting of AS Tallink

Grupp. If the management board refuses to provide information, the shareholder

may demand that the General meeting decide on the legality of the shareholder's

request or to file, within two weeks after the general meeting, a petition to a

court by way of proceedings on petition in order to obligate the management

board to provide the information.

The shareholders whose shares represent at least one-twentieth of the share

capital may demand an inclusion of additional issues on the agenda of the

general meeting if such demand is presented at least 15 days prior to the date

of the general meeting. The above mentioned documents shall be sent to the

public limited company in writing on the address: AS Tallink Grupp, Sadama

5/7, 10111, Tallinn.

The shareholders whose shares represent at least one-twentieth of the share

capital may submit to the public limited company a draft resolution for every

item of the agenda. This right may not be exercised after 3 days before holding

the general meeting.

For the registration procedure of the annual general meeting we ask the

following:

Shareholder in person to present the identity document (Passport or ID

Card); the representative of the shareholder in person, the identity document

(Passport or ID Card) and the duly signed written Power of Attorney.

The legal representative of a shareholder (legal person) to present an extract

(or other similar document) from the relevant commercial (companies') registry

of the country where the legal person is located (Estonian legal persons to

provide the extract from the commercial registry card, issued not more than 15

days prior to the date of the general meeting) and the identity document of the

representative. The authorized representative of a shareholder (legal person)

shall present, in addition to the documents listed hereinabove, the written

Power of Attorney duly issued by the legal representative of the shareholder.

The documents of a shareholder located abroad shall be legalized or certified

with apostille unless an international agreement stipulates otherwise. AS

Tallink Grupp is entitled to register the above mentioned shareholder as a

participant also in case all the requisite data of the legal person and its

representative are contained in a Power of Attorney issued to the representative

and certified by a notary public abroad and the Power of Attorney is acceptable

in Estonia.

A shareholder may notify AS Tallink Grupp of the nomination of a representative

and of the withdrawal of the authorization prior to the date of the general

meeting on the e-mail address: info@tallink.ee (mailto:info@tallink.ee) or by

bringing the above mentioned documents to the office of AS Tallink Grupp at

Sadama 5/7, Tallinn, 1(th) Floor on business days from 9:00 AM to 4:00 PM latest

by 11(th) of June 2018 at 4:00 PM and the forms of the documents provided for on

the web-page of AS Tallink Grupp at www.tallink.com (http://www.tallink.com/)

shall be used. The information about the nomination of a representative and of

the withdrawal of the authorization can be found on the web-page of AS Tallink

Grupp at www.tallink.com (http://www.tallink.com/).

Sincerely Yours,

Management Board of AS Tallink Grupp

Veiko Haavapuu

Financial Director

AS Tallink Grupp

Sadama 5/7, 10111 Tallinn

Tel +372 640 9914

E-mail veiko.haavapuu@tallink.ee