Tallink Grupp

Enn Pant to join the Supervisory Board, Janek Stalmeister becomes the new CEO

Tallinn, 2014-11-11 15:30 CET (GLOBE NEWSWIRE) --

Enn Pant to join the Supervisory Board, Janek Stalmeister becomes the new CEO

The Supervisory Board of AS Tallink Grupp has accepted the resignation letter

of the Chairman of the Management Board, Chief Executive Officer Enn Pant,

effective from 1st of January 2015. The Supervisory Board will propose to the

Special Shareholders General Meeting to elect Mr. Pant as a member of the

Supervisory Board and sees him as the new Chairman.

According to Enn Pant, the CEO of AS Tallink Grupp since 1996, the decision to

resign does not mean he would retreat from Tallink in general. ?During those 18

years I have built a magnificent company and put together a fantastic team.

Janek is absolutely the right person to successfully lead the company. I will

continue to participate in developing the business strategy for Tallink, just

in the Supervisory Board?, added Pant.

The Supervisory Board of AS Tallink Grupp elected on 11.11.2014 the Group?s

member of the Management Board and Chief Financial Officer Mr. Janek

Stalmeister (born 1974) as the Chairman of the Management Board and the Chief

Executive Officer of AS Tallink Grupp, effective from 1st of January 2015.

Janek Stalmeister said, that it is a large responsibility to guide such a

powerful company. ?I have worked in Tallink since 1999 and participated in the

rapid development of this enterprise. With this experience I wish to strengthen

the leading position of the company even further?, added Stalmeister.

Janek Stalmeister joined Tallink in 1999. Throughout the years he has been in

the positions of the Financial Advisor, Treasurer and Financial Director, from

2009 he has been a member of the Management Board and the Chief Financial

Officer. Janek Stalmeister has graduated from the Faculty of Economics from the

International University ?LEX?, Estonia, in 1999. Before joining Tallink Grupp

he was the head of the External Debt Service at the Estonian Ministry of

Finance from 1994 to 1997. Janek has a direct shareholding of 45 000 shares in

AS Tallink Grupp.

Enn Pant has been the CEO of AS Tallink Grupp since 1996, from 1992 to 1996 he

was the Secretary General of the Ministry of Finance of Estonia. He is the

Chairman of the Supervisory Board of AS Infortar. Enn Pant graduated from the

Faculty of Economics, University of Tartu, Estonia in 1990. Enn Pant has a

direct shareholding of 3 951 913 shares in AS Tallink Grupp.

Harri Hanschmidt

Head of the Finance Department

AS Tallink Grupp

Sadama 5/7. 10111 Tallinn

Tel +372 640 8981

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