AS Silvano Fashion Group of the shareholders - adoption of resolutions of the General Meeting without calling a meeting

The  management  board  of  AS  Silvano  Fashion Group, registry code 10175491,
address  Tulika tn 17, 10613, Tallinn, Eesti (hereinafter the Company) published
on  11 June 2025 pursuant to  § 299(1) subsections 1, 2 and  3 of the Commercial
Code the draft resolutions for the adoption of shareholders' resolutions without
calling a meeting.

The list of shareholders entitled to vote was determined as at seven days before
the  voting term, i.e. on        26 June 2025 at  the end of the business day of
the  settlement system of Nasdaq CSD Estonia.  The Company has a total of 2 647
shareholders, who own a total of 36 000 000 shares.

The  deadline  for  shareholders  to  submit  their  positions  was  on  02 July
2025, 24:00 (Estonian time).                                  10 shareholders of
the  Company submitted their votes, whose  shares represent in total 19 935 956
votes, that forms 55,38% of all votes determined by shares.

The shareholders of the Company adopted the following resolutions:


RESOLUTION 1: Approval of the annual report of AS Silvano Fashion Group for 2024

To approve the annual report of AS Silvano Fashion Group for 2024.

Tabulation of the votes:
For:                 19 935 956 votes, representing 55,38% of the votes;
Against:          16 064 044 votes, representing 44,62% of the votes;
Impartial:        0 votes, representing 0% of the votes.

RESOLUTION 2: Distribution of the profit of AS Silvano Fashion Group for 2024

2.1. To  approve AS Silvano Fashion Group the  net profit for the financial year
2024 of                                        12 366 000.- euros.

2.2. Not  to separate AS Silvano Fashion Group  funds from the net profit of the
financial  year 2024 to the reserve capital of AS Silvano Fashion Group or other
reserves prescribed by law or the articles of association.

2.3. Leave  the  net  profit  undistributed  and  include  the net profit of the
financial year 2024 in the retained earnings.


Tabulation of the votes:
For:                 19 428 861 votes, representing 53,97% of the votes;
Against:          16 571 139 votes, representing 46,03% of the votes;
Impartial:        0 votes, representing 0% of the votes.

RESOLUTION 3: Extension of the Supervisory Board's authorizations

3. To extend the term of office as members of the Supervisory Board for five (5)
years  until June 30, 2030 for Toomas Tool, Mari Tool, Triin Nellis, Risto Mägi,
Stephan David Balkin.

Tabulation of the votes:
For:                 18 524 402 votes, representing 51,46% of the votes;
Against:          16 968 503 votes, representing 47,13% of the votes;
Impartial:        507 095 votes, representing 1,41% of the votes.



AS Silvano Fashion Group
E-mail: [email protected]
Tel: +372 684 5000