AS Ekspress Grupp to acquire traffic training platform Liikluslab

On  19 December 2025, AS Ekspress Grupp entered the contract for the acquisition
of 100% of shares in the traffic training platform Liikluslab Baltic OÜ.

Liikluslab   Baltic   OÜ   is   a   platform  for  traffic  education  materials
(liikluslab.ee)  founded in 2019, which has expanded rapidly and offers services
to  both  private  individuals  and  driving  schools. Liikluslab Baltic has two
subsidiaries:  the  traffic  learning  environment  Teooria  OÜ (teooria.ee) and
Liikluslab  Tervis OÜ, which deals with  health certificates for driving license
applicants.

The purpose of the acquisition is to grow the digital business and expand into a
new  business  area.  Strategically,  the  acquisition supports Ekspress Grupp's
long-term  goal of increasing  revenues from digital  subscriptions and services
and  creates an opportunity for  international expansion. After the transaction,
Liikluslab Baltic OÜ will continue to operate as a separate company. As a group,
Ekspress Grupp offers Liikluslab Baltic synergy in functions supporting the main
business, providing notably bigger growth potential for the growing company.

The parties have agreed neither to disclose the price nor any other terms of the
transaction. The transaction is scheduled to be completed by the end of 2025 and
is  partly financed with  a bank loan  from AS SEB  Pank. 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.

Karl Anton
Member of the Management Board
+372 514 4750
[email protected] (mailto:[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. In addition, the Group companies organize 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.