Tallinna Vesi — Proxy Solicitation & Information Statement 2026

Mar 31, 2026

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author: "Helen Vink"
date: 2026-03-30 20:13:00+00:00
processor: python-docx+mammoth
status: success

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BALLOT PAPER

Resolutions of the Annual General Meeting of Shareholders

of Aktsiaselts Tallinna Vesi in 2026

Shareholder’s name Personal Identification Code/Registry Code

Resolutions:

1. Approval of the Annual Report for 2025

Proposal of the Supervisory Council:

To approve the consolidated Annual Report of the Company for 2025, as presented to the General Meeting.

I vote in favour____ I vote against ____ I abstain ____ (mark with a cross)

2. Distribution of profit

Proposals of the Supervisory Council:

The net profit of the Company for 2025 is €14,242 thousand. To distribute €11,400 thousand of the Company’s retained earnings of €85,783 thousand as of 31/12/2025 (incl. from the consolidated net profit of €14,242 thousand for the year 2025). Shareholders will receive €0.57 per share in dividends.

The remainder of the retained earnings will remain undistributed.

No allocations will be made from the net profit to the reserve capital.

Based on the dividend proposal made by the Management Board, the Supervisory Council proposes to the shareholders that the shareholders receive dividends on 20 May 2026. The list of shareholders entitled to dividends will be established at the end of the business day of the Nasdaq CSD settlement system on 12 May 2026. Consequently, the date of change in rights attached to the shares (ex-dividend date) is 11 May 2026. Anyone acquiring shares on or after 11 May 2026 will not be entitled to the dividends determined by this resolution.

I vote in favour____ I vote against ____ I abstain ____ (mark with a cross)

3. Election and recall of Supervisory Council members

Proposal of the Supervisory Council:

3.1. Recall of Mart Mägi as a Supervisory Council Member

To recall Mart Mägi from his position as a Supervisory Council member with effect from 23/04/2026.

I vote in favour____ I vote against ____ I abstain ____ (mark with a cross)

3.2 Election of Priit Lello as a Supervisory Council member

To elect Priit Lello as a Supervisory Council member for a statutory three-year term of office, with effect from 24/04/2026.

I vote in favour____ I vote against ____ I abstain ____ (mark with a cross)

3.3 Extension of Gerli Kivisoo's term as a Supervisory Council member

To extend Gerli Kivisoo´s term as a Supervisory Council member for a further statutory three-year term of office, with effect from 02/06/2026.

I vote in favour____ I vote against ____ I abstain ____ (mark with a cross)

4. Approval of a gender balance target within the Company´s management bodies

Proposal of the Supervisory Council:

To set a gender balance target pursuant to subsection 1 of § 1356 of the Securities Market Act to ensure that at least 33% of all seats on the Management Board and Supervisory Council of the Company are held by members of the underrepresented sex.

I vote in favour____ I vote against ____ I abstain ____ (mark with a cross)

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Shareholder’s name and digital signature