Trigon Property Development — Proxy Solicitation & Information Statement 2026

May 29, 2026

Notice of calling the annual general meeting of shareholders of AS Trigon Property Development

Notice of calling the annual general meeting of shareholders of AS Trigon Property Development

AS Trigon Property Development (registry code 10106774, address Pärnu mnt 18,
Tallinn 10141, hereinafter the ?Company") calls the annual general meeting of
Company's shareholders, which shall be held at 10:00 on 19 June 2026 (here and
hereafter Estonian time, GMT+3) at the Company's office, at Pärnu mnt 18,
Tallinn, 10141, IV floor. Registration for the meeting starts at 09:00 on the
date of the meeting.

Agenda of the meeting and the Management Board proposals for the draft
resolutions to be adopted, which have been approved by the Supervisory Board:

      1.     Approval  of the annual report of the Company for the financial

year 2025

To approve the annual report of the Company for the financial year 2025, in
accordance with which the balance sheet value of the Company as at 31 December
2025 was 1,804,656 euros and the net loss for the financial year was 99,507
euros.

      2.     Covering the net loss for the financial year 2025

To approve the proposal made by the Management Board and to cover the net loss
for 2025 in the amount of 99,507 euros from the retained earnings.

      3.     Appointment  of  the  auditor  for  the financial year 2026 and

determining the remuneration policy for the auditor

To appoint Ernst & Young Baltic AS (registry code 10877299, address Rävala pst
4, 10143 Tallinn) as the auditor of the Company for the financial year 2026. The
auditing services will be paid for in accordance with the contract to be drawn
up with the auditor.

Organisational matters

Participation at the meeting

The list of shareholders entitled to participate in the general meeting will be
determined as of 7 days prior to the general meeting, i.e. at the end of the
working day of the Nasdaq CSD Estonian settlement system on 12 June 2026.
Registration of participants will start an hour before the beginning of the
meeting, i.e. at 09:00. We ask the shareholders and their representatives to
arrive in good time, taking into account the time required to register the
participants.

For participating in the general meeting, we kindly ask you to present:

1. Individual shareholders should submit an identity document, their
   representatives should also hold a valid written authorisation;
2. legal representatives of corporate shareholders should submit their identity
   document; the authorised representative should also hold a valid written
   authorisation document. In case the corporate shareholder is not registered
   in the Estonian Commercial Register, we ask to provide a valid extract from
   the relevant register where the legal person is registered and from which
   the representative's right to represent the shareholder arises. The extract
   must be in English or translated into Estonian or English by a sworn
   translator or an official equivalent to sworn translator. The documents of a
   foreign shareholder must be legalised or authenticated by apostille, unless
   otherwise provided by an international agreement. The Company may also deem
   the shareholder's voting right to be proven, if all the required information
   on the legal person and the representative concerned are given in a
   notarised power of attorney, issued to the representative in a foreign
   country, and the power of attorney is recognised in Estonia.

The shareholder may notify the Company of the appointment of a representative
and the revocation of the proxy by sending the documents to Company's e-mail
address [email protected]
(https://www.globenewswire.com/Tracker?data=wN3CV2cKvFbAUqTMJhguW6xmQnZ9FFUMQYs0
Y995BjR35jvRI3HcEIvwUy79C-8m3TTBDm0qWTZBQzRYEQuxbj5zKP9-fPiY0adYVuhKnQk=) or
take the above documents to the Company's office at Pärnu mnt 18, Tallinn,
10141, IV floor, weekdays between 9:00 am - 5:00 pm by no later than 18 June
2026 at 17:00 (Estonian time).

In order to authorise a representative, the shareholder may use the template for
power of attorney, which is published on the Company's homepage
http://www.trigonproperty.com/ and attached to the notice of adoption of
resolutions on Nasdaq Baltic stock exchange homepage (www.nasdaqbaltic.com
(http://www.nasdaqbaltic.com)). Templates for revocation of the proxy are also
available at the same place.

Shareholders, whose shares represent at least 1/20 of the share capital of the
Company, may demand the inclusion of additional items on the agenda of the
annual general meeting, if the corresponding request is filed in writing at
least 15 days prior to the general meeting, i.e. at the latest by 23:59 on 4
June 2026, at the e-mail address [email protected]
(https://www.globenewswire.com/Tracker?data=wN3CV2cKvFbAUqTMJhguW6xmQnZ9FFUMQYs0
Y995BjR35jvRI3HcEIvwUy79C-8m3TTBDm0qWTZBQzRYEQuxbj5zKP9-fPiY0adYVuhKnQk=) or to
the Company's office at Pärnu mnt 18, Tallinn, 10141, IV floor. A draft decision
or rationale must be submitted at the same time as the proposal to supplement
the agenda.

Shareholders, whose shares represent at least 1/20 of the share capital of the
Company, may submit to the Company in writing a draft resolution on each agenda
item, by posting the draft to the e-mail address [email protected]
(https://www.globenewswire.com/Tracker?data=wN3CV2cKvFbAUqTMJhguW6xmQnZ9FFUMQYs0
Y995BjR35jvRI3HcEIvwUy79C-8m3TTBDm0qWTZBQzRYEQuxbj5zKP9-fPiY0adYVuhKnQk=) or to
the Company's office at Pärnu mnt 18, Tallinn, 10141, IV floor. The draft must
be submitted in electronic form or by post so that it would be delivered to and
received by the Company no later than 3 days before the general meeting, i.e. by
23:59 on 16 June 2026 at the latest.

At the general meeting, shareholders are entitled to receive information on the
activities of the company from the Management Board. Management Board may refuse
to provide information if there are reasonable grounds for assuming that it may
cause significant damage to the interests of the company. In case the board
refuses to provide information, the shareholder may require the general meeting
to decide on the lawfulness of the request or to submit within two weeks an
application to the court in petition proceedings, to oblige the Management Board
to disclose information.

Documents related to the resolutions

Documents, concerning the general meeting, draft decisions of the general
meeting and other documents submitted to the general meeting pursuant to law
(including the Annual Report of the Company for the financial year 2025,
together with the auditor's report and the proposal for distribution of profit),
as well as other information subject to disclosure, are available for
examination as attached to the stock exchange announcement about the notice of
adoption of resolutions published on Nasdaq Baltic stock exchange
homepage nasdaqbaltic.com
(https://www.globenewswire.com/Tracker?data=zWLtMSihee8iv_WQdFw1zSPxww3mynXiFlkY
HBthD7G-qMzpWRGfC0_8ExITOSQmIFQ139U8Er1VWRcs5-lq8sTMkSWvu-SC0tjPbdWQzfo=), on
the Company´s website http://www.trigonproperty.com/, as well as on prior notice
beginning from the notification of the general meeting until the day of the
general meeting at Company's office at Pärnu mnt 18, Tallinn, 10141, IV floor on
working days from 9:00 am untill 5:00 pm. Please contact us in advance at
[email protected] (mailto:[email protected]) to request access to
the documents.

Information on shares and total number of votes, linked to the shares

As of 29(th) of May 2026, the share capital of AS Trigon Property Development is
divided into 4,499,061 shares with no nominal value. Each share grants its
holder one vote.

Rando Tomingas

Member of the Management Board

Telephone: +372 667 9200

E-mail: [email protected]
(https://www.globenewswire.com/Tracker?data=wN3CV2cKvFbAUqTMJhguW6xmQnZ9FFUMQYs0
Y995BjR35jvRI3HcEIvwUy79C-8m3TTBDm0qWTZBQzRYEQuxbj5zKP9-fPiY0adYVuhKnQk=)