Tallink Grupp — AGM Information 2026

Apr 15, 2026

Notice Calling the Annual General Meeting of Shareholders Notice Calling the Annual General Meeting of Shareholders Dear shareholder of AS Tallink Grupp,

The management board of AS Tallink Grupp, registration code 10238429, location
and address at Sadama 5, 10111 Tallinn, is calling the annual general meeting of
shareholders on 19 May 2026 at 11:00 AM (Estonian time) at the conference centre
of Tallink SPA & Conference Hotel, at the address Sadama 11a, Tallinn.

Registration of the shareholders begins at 10:00 AM at the venue of the general
meeting.

The supervisory board of AS Tallink Grupp determined the following agenda of the
annual general meeting of AS Tallink Grupp and presents the following proposals
to the shareholders:

1. Approval of the annual report of the financial year 2025
   To approve the annual report of the financial year 2025 as presented by the
   Management Board of AS Tallink Grupp.

2. Proposal for profit distribution
   To approve the following profit distribution proposal as prepared by the
   Management Board of AS Tallink Grupp:

3. To approve the net profit of the financial year 2025 in the amount of
   17 264 000 euros. The retained earnings of previous periods total to
   322 909 000 euros. Therefore, the distributable profit totals to
   340 173 000 euros as at 31.12.2025;

4. To allocate 0 euros to mandatory legal reserve;
5. Not to make any allocations to other reserves prescribed by law or the
   articles of association;
6. To allocate 0 euros to retained earnings;

7. To pay the shareholders dividends of 0.06 euros per share;

   1. To pay 0.03 euros per share to the shareholders who are included in the
      list of shareholders fixed on 18 June 2026 as at the end of the business
      day of Nasdaq CSD Estonia settlement system. Consequently, the day of
      change of the rights related to the shares (ex-date) is set to 17 June
      1. The dividend shall be paid to the shareholders by transfer to the
         bank account of the shareholders on 1 July 2026.
   2. To pay 0.03 euros per share to the shareholders who are included in the
      list of shareholders fixed on 13 November 2026 as at the end of the
      business day of Nasdaq CSD Estonia settlement system. Consequently, the
      day of change of the rights related to the shares (ex-date) is set to
      12 November 2026. The dividend shall be paid to the shareholders by
      transfer to the bank account of the shareholders on 24 November 2026.

8. Appointment of an auditor for the financial year 2026 and the determination
   of the procedure of remuneration of an auditor

To appoint the audit firm PricewaterhouseCoopers AS as the auditor of AS Tallink
Grupp for the financial year 2026 and to remunerate the auditor in accordance
with the contract to be concluded with the auditor.

1. Extension of term of office and determination of the remuneration of the
   member of the Supervisory Board

Due to the expiry of the term of office of Enn Pant, the member of the
Supervisory Board, on 13.06.2026, to extend the term of authority for the next
3-year term from 13.06.2026. To continue remunerating the members of the
Supervisory Board in accordance with the resolution No 4 adopted by the General
Meeting of Shareholders on 07.05.2024.

1. Approval of the remuneration principles for members of the Management Board

Approve the remuneration principles for members of the Management Board as
submitted to the General Meeting. In accordance with the Securities Market Act
(VPTS § 135²(11)), the General Meeting shall vote on the remuneration principles
at least once every four years. The corresponding resolution of the General
Meeting on the approval of the remuneration principles is advisory to the
Supervisory Board.

The list of shareholders entitled to participate in the annual general meeting
shall be determined seven calendar days before holding the general meeting, i.e.
as at the end of the business day of the settlement system of the registrar of
the Estonian register of securities (Nasdaq CSD SE) and Euroclear Finland Oy on
12 May 2026 (record date).

The documents related to the annual general meeting of AS Tallink Grupp, the
documents to be presented to the general meeting and the other important
information related to the general meeting, inter alia, the drafts of the
resolutions, annual report of the financial year 2025 of AS Tallink Grupp, the
supervisory board's report, the sworn auditor's report, the proposal for profit
distribution and the substantiations presented by the shareholders regarding
items on the agenda (if any are received), may be examined on the website of AS
Tallink Grupp at the address https://company.tallink.com/for-investors/annual-
general-meetings, on the website of the Tallinn Stock Exchange at the
address www.nasdaqbaltic.com (http://www.nasdaqbaltic.com) and in the office of
AS Tallink Grupp at the address Sadama 5, Tallinn, 1(st) floor, on business days
from 09:00 AM to 4:00 PM as of the notification of the general meeting until the
date of holding the general meeting. The information stipulated in § 294(1) of
the Commercial Code is available to the shareholders on the website of AS
Tallink Grupp at the address https://company.tallink.com/for-investors/annual-
general-meetings until the date of holding the general meeting (included).

A shareholder may ask questions concerning the matters on the agenda by sending
the respective questions to the email address [email protected]
(mailto:[email protected]).

A shareholder has the right to receive information from the management board on
the activities of AS Tallink Grupp at the general meeting of AS Tallink Grupp.
The management board may refuse to give information if there is a basis to
presume that this may cause significant damage to the interests of the public
limited company. 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 as from the holding of 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 1/20 of the share capital may
demand inclusion of additional issues on the agenda of the annual general
meeting if such demand is presented no later than 15 days before the general
meeting is held. The shareholders whose shares represent at least 1/20 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 later than 3 days
before the general meeting is held. The aforementioned documents shall be
submitted to AS Tallink Grupp in writing to the address AS Tallink Grupp, Sadama
5, 10111 Tallinn or be sent in electronic form (signed with a qualified e-
signature in the meaning of Regulation (EU) No 910/2014 of the European
Parliament and of the Council - e.g. a digital signature) to the email address
[email protected] (mailto:[email protected]).

AS Tallink Grupp does not enable electronic participation in or electronic
voting at the general meeting (§ 33(1) of the General Part of the Civil Code Act
and § 290(1 )of the Commercial Code) nor voting before the meeting (§ 298(2 )of
the Commercial Code).

Instructions for the participants in the annual general meeting:

1. Shareholders who are registered in the share register maintained by Nasdaq
   CSD SE

We kindly ask the shareholders, who are as at the record date registered in the
share register maintained by Nasdaq CSD SE and who wish to participate in the
annual general meeting, to present the following documents for registration:

• Shareholder who is a natural person should present an identity document
  (passport or ID card).

• Representative of a shareholder who is a natural person should present an
  identity document (passport or ID card) and a duly signed written power of
  attorney.

• Legal representative of a shareholder who is a legal person should present
  an extract (or other similar document) from the respective business register
  in which the legal person is registered, which shows the person's right to
  represent the shareholder (legal persons registered in Estonia should
  present an extract of the commercial register registry card which is not
  older than 15 days; legal persons registered in a foreign country should
  present a certified extract (or other similar document which is not older
  than 6 months), and an identity document of the representative (passport or
  ID card).

• Authorized representative of a legal person whose right of representation
  does not show from the respective business register extract (or other
  similar document) should, in addition to the aforementioned documents (i.e.
  the extract and the identity document), present a written power of attorney
  duly issued by the legal representative of the shareholder.

The documents of a shareholder who is a legal person registered in a foreign
country, which have been issued by a foreign official, must be legalized or
apostilled (unless otherwise foreseen in an applicable international agreement
or convention).

A translation into Estonian prepared by a sworn translator should be attached to
the documents that are in a foreign language.

AS Tallink Grupp may register an aforementioned shareholder as a participant in
the general meeting also in case all the required data concerning the legal
person and its representative are contained in a notarized power of attorney
issued to the representative in a foreign country and the power of attorney is
acceptable in Estonia.

1. Shareholders registered in the share register maintained by Euroclear
   Finland Oy (holders of Finnish share depositary receipts (FDRs) -
   hereinafter the FDR holders)

In order to participate in the annual general meeting, the FDR holders are
kindly asked, for organizational purposes, to inform AS Tallink Grupp in writing
or in a form which can be reproduced in writing of his/her/its intention to
participate in the annual general meeting and to provide the copies of the
documents requested below (the originals should be presented at the registration
of the shareholders on the day of the meeting) no later than 18 May 2026, 4:00
PM (Estonian time) by mail to the address Sadama 5, Tallinn 10111, Estonia or by
email to the address [email protected] (mailto:[email protected]).

Nordea Bank Abp as the FDRs agent shall issue a power of attorney authorizing
each FDR holder to vote at the annual general meeting with the number of votes
corresponding to the number of FDRs held by the FDR holder as at the record
date. The power of attorney issued by Nordea Bank Abp is issued with the right
to delegate the authorization.

We kindly ask the FDR holders, who are registered as at the record date in the
share register maintained by Euroclear Finland Oy and who would like to
participate in the annual general meeting, to present for the registration the
documents indicated above in section 1 of the instructions (in addition to the
documents indicated in section 2 of the instructions).

FDR holders, who hold their FDRs on a nominee account, should present, in
addition to the aforementioned documents, a power of attorney issued by
his/her/its Finnish account operator. The form of the respective power of
attorney is available from the website of AS Tallink Grupp at the address
www.tallink.com/annual-general-meeting (http://www.tallink.com/annual-general-
meeting).

The annual general meeting will be held in the Estonian language with
simultaneous translation into the English language.

A shareholder may, before the general meeting is held, notify AS Tallink Grupp
of the appointment of a representative and of the withdrawal of the
authorization by the principal by email to the address [email protected]
(mailto:[email protected]) or by delivering the aforementioned documents to
the office of AS Tallink Grupp at Sadama 5, Tallinn, 1(st) floor on business
days from 9:00 AM to 4:00 PM no later than 18 May 2026 at 4:00 PM (Estonian
time), by using the forms provided on the website of AS Tallink Grupp at the
address www.tallink.com/annual-general-meeting (http://www.tallink.com/annual-
general-meeting). Information about the procedure for the appointment of a
representative and for the withdrawal of the authorization (including form
requirements) can be found on the website of AS Tallink Grupp at the
address www.tallink.com/annual-general-meeting (http://www.tallink.com/annual-
general-meeting).

Yours faithfully,

Peep Jalakas
Chairman of the Management Board

Anneli Simm
Investor Relations Manager

AS Tallink Grupp
Sadama 5
10111 Tallinn, Estonia
E-mail [email protected] (mailto:[email protected])
Phone: +372 56157170