Prolongation of authorities of members of the Management Board of the subsidiaries of TKM Grupp AS and members of the Audit Committee

The  Supervisory Boards of the  subsidiaries of TKM Grupp  AS, namely Selver AS,
TKM  Kinnisvara AS  and TKM  Kinnisvara Tartu  OÜ, have  resolved to prolong the
authorities of existing members of the Management Board:

  * As per resolution of the Supervisory Board of AS Selver, Kristi Simonsen
    (formerly Lomp) shall continue as member of the Management Board and her
    term of authorities was prolonged for another 3-year term as of 4 December
    2025.

  * As per resolution of the Supervisory Board of TKM Kinnisvara AS, Peeter Kütt
    shall continue as member of the Management Board and his term of authorities
    was prolonged for another 3-year term as of 12 January 2026.

  * As per resolution of the Supervisory Board of TKM Kinnisvara Tartu OÜ,
    Peeter Kütt shall continue as member of the Management Board and his term of
    authorities was prolonged for another 3-year term as of 8 December 2025.

Selver  AS operates super and hypermarket chain that mostly trades with food and
convenience  goods. TKM  Kinnisvara AS  deals with  the development, management,
maintenance  and leasing of  commercial premises belonging  to TKM Grupp AS. TKM
Kinnisvara  Tartu OÜ  is responsible  for managing  and leasing  the premises of
Tartu Department Store.

As  per  resolution  of  the  Supervisory  Board  of TKM Grupp AS, Kaia Salumets
(chairman), Jüri Käo, Gunnar Kraft and Kristo Anton shall continue as members of
the Audit Committee. Their authorities were prolonged for another 3-year term as
of  26 January 2026. Audit Committee  of TKM Grupp  AS is a  body, formed by the
Supervisory  Board, having  the function  of advising  the Supervisory  Board on
issues, related to the conduct of supervision.


Raul Puusepp

Chairman of the Board

Phone: +372 731 5000

[email protected] (mailto:[email protected])