Changes in the Management Boards of AS Ekspress Grupp’s subsidiaries

Argo Virkebau, the Chairman of the Management Board and CEO of AS Delfi Meedia -
the subsidiary of AS Ekspress Grupp -, will leave the company at his own request
on  December 31, 2024. Argo Virkebau has been working as CEO and the Chairman of
the  Management Board  at Delfi  Meedia since  2018. The Supervisory Board of AS
Delfi  Meedia is thankful to Argo Virkebau for his long-term contribution to the
management and growth of the media company.

The  Supervisory Board of AS  Delfi Meedia has elected  Erik Heinsaar, the long-
time CEO of AS Õhtuleht Kirjastus, as a new member of the Management Board until
December, 31, 2027. Erik Heinsaar will be acting as a CEO of AS Delfi Meedia.

Starting  from January 1, 2025, the Management Board  of AS Delfi Meedia will be
as follows: Erik Heinsaar (Chairman of the Board), Piret Põldoja, Sander Maasik,
Tarvo Ulejev, Erle Laak-Sepp and Urmo Soonvald.

The  Supervisory Board  of A/S  Delfi, the  subsidiary of  AS Ekspress  Grupp in
Latvia,  has elected  J?nis Gr?vi?sh  as a  new Chairman of the Management Board.
J?nis Gr?vi?sh will assume the duties of CEO.

Starting  from January  2, 2025, the Management  Board of  A/S Delfi  will be as
follows:  J?nis  Gr?vi?sh  (Chairman  of  the  Board),  Maira  Meija  and  Filips
Lastovskis.

The  CV of Erik  Heinsaar and J?nis  Gr?vi?sh are enclosed  to the stock exchange
release.

Delfi  Meedia AS is Estonia's fastest and most innovative media company covering
the  widest  range  of  topics.  It  owns  Estonia's  largest  news portal Delfi
(https://www.delfi.ee/),      publishes      newspapers      Eesti      Ekspress
(https://ekspress.delfi.ee/), Eesti  Päevaleht  (https://epl.delfi.ee/), Maaleht
(https://maaleht.delfi.ee/)  and LP and the  most popular magazines Eesti Naine,
Anne&Stiil, Pere ja Kodu, Oma Maitse, Maakodu and Kroonika. The mission of Delfi
Meedia  is  to  promote  democracy  and  make  its  contribution to a more open,
informed and digitally advanced Estonia.

Delfi  Latvia has been recognised as the  most trustworthy and most beloved news
media  brand in  Latvia, with  more than  858 thousand monthly  users DELFI is a
leading news media channel in Latvia, in both languages - Latvian and Russian.

Mari-Liis Rüütsalu
Chairman of the Management Board
+372 512 2591
[email protected] (mailto:[email protected])

AS Ekspress Grupp is the leading Baltic media group whose key activities include
web media content production as well as publishing of newspapers, magazines and
books. The Group also operates an electronic ticket sales platform and ticket
offices and provides an outdoor screen service in Estonia and Latvia. Ekspress
Grupp launched its operations in 1989 and it employs almost 1100 people.