Ferry Regula additional trips in summer 2025

The  subsidiary  of  AS  Tallinna  Sadam,  OÜ  TS  Laevad,  signed an additional
agreement  with the Ministry  of Regional Affairs  and Agriculture (hereinafter:
the  "Ministry")  based  on  the  public  passenger transport service signed 11
December  2014. The Ministry  will order  additionally up  to 485 trips with the
ferry  Regula on Virtsu-Kuivastu line from  19 June to 31 August 2025 and for 3
days in October during the Saaremaa Rally (10 - 12 October 2025).

For the summer period additional trips, TS Laevad will earn the fixed fee of EUR
931,700 plus a voyage fee of EUR 465 per each trip. The maximum total amount for
additional  trips  is  EUR  1,157,225. In  2024 there  was an agreement for 525
additional  trips and  Regula made  410 trips based  on demand during the period
from June till September and 10 trips in October. Last year TS Laevad earned for
the  summer period additional trips the fixed  fee of EUR 897,615 and voyage fee
of  EUR 465 per each trip. Total fees  earned for summer period additional trips
in 2024 were EUR 1,092,915.

Similar  to the previous years, the additional trips are based on the demand and
TS  Laevad  will  perform  additional  voyages  if  at  least 200 line meters of
vehicles  have been  left behind  on the  scheduled voyage,  for the transfer of
which  a ticket for the scheduled voyage  of the main vessel has been purchased,
or  it is optimal to perform a dangerous cargo voyage with an additional vessel.
No additional voyages shall be made at a time when Regula is required to perform
the  function of a  replacement vessel in  the event of  a breakdown of other TS
Laevad ferries or if the vessel itself fails.

TS  Laevad  services  Virtsu-Kuivastu  line  with  ferries  Piret  and  Tõll and
Rohuküla-Heltermaa  line with  ferries Leiger  and Tiiu.  The company  also owns
replacement ferry Regula.

Tallinna  Sadam is one of the largest cargo- and passenger port complexes in the
Baltic Sea region. In addition to passenger and freight services, Tallinna Sadam
group  also operates in  shipping business via  its subsidiaries -  OÜ TS Laevad
provides  ferry services between the Estonian  mainland and the largest islands,
and  OÜ TS Shipping charters its  multifunctional vessel Botnica for icebreaking
and  offshore services in  Estonia and projects  abroad. Tallinna Sadam group is
also  a  shareholder  of  an  associate  AS  Green  Marine, which provides waste
management services.

Additional information:

Angelika Annus
Head of Investor Relations
Tel +372 5649 6230
[email protected] (mailto:[email protected])