AS Ekspress Grupp to Acquire Full Ownership of AS Õhtuleht Kirjastus

According  to the agreement signed between AS Ekspress Grupp and AS AVH Grupp on
June  9, 2025, Ekspress  Grupp  will  purchase  the  50% stake  in  AS  Õhtuleht
Kirjastus  previously  owned  by  AVH  Grupp.  As  a result of this transaction,
Ekspress Grupp will become the sole owner of Õhtuleht Kirjastus.

Õhtuleht  Kirjastus  is  one  of  Estonia's  largest media companies, publishing
Õhtuleht,  the daily newspaper with the  largest circulation in Estonia, as well
as  several  popular  magazines.  The  company also manages online publications,
including the ohtuleht.ee and toidutare.ee portals.

The  acquisition of Õhtuleht  Kirjastus provides Ekspress  Grupp with additional
opportunities  to invest in quality  journalism and is in  line with the group's
long-term  strategy. The company will continue both publishing traditional print
publications  and investing in digital channels. The transaction will not result
in  changes to Õhtuleht Kirjastus's  daily operations and customer relationships
but  will  allow  for  resource  optimization  and investment in quality content
development.  The shared  goal of  Ekspress Grupp  and Õhtuleht  Kirjastus is to
continue providing engaging content to their readers.

The parties have agreed neither to disclose the price nor any other terms of the
transaction.  Prior to entry into force, the purchase and sale transaction needs
to be approved by the Competition Authority.

The  transaction is not considered as a significant transaction according to the
rules  and regulations  of the  NASDAQ Tallinn  Stock Exchange "Requirements for
Issuers".  AS Ekspress Grupp confirms that the members of the Group's Management
and Supervisory Boards are not personally interested in the transaction.

Additional information
Mari-Liis Rüütsalu
Chairman of the Management Board
+372 512 2591
[email protected]

AS Ekspress Grupp is the leading Baltic media group whose key activities include
web media content production, and publishing of newspapers, magazines and books.
The Group also operates an electronic ticket sales platform and ticket sales
offices in Latvia and Estonia, offers digital outdoor screen service in Estonia
and Latvia, and organizes conferences, trainings and events mainly in Estonia
and Lithuania but also in Latvia. Ekspress Grupp launched its operations in
1989 and employs about 1000 people.