Increase of Share Capital in Connection with Realization of the Employee Option Programm and Subscription Results

Core Points - The Supervisory Board of AS Harju Elekter Group has decided to increase the company's share capital by 17,010 euros through the issuance of new ordinary shares [1][4] - The increase is intended to facilitate the share option program for management board members and key personnel, as approved in the general meeting on April 29, 2021 [1][4] Share Issuance Details - A total of 27,000 new ordinary shares will be issued at a price of 4.50 euros per share, with a book value of 0.63 euros and a share premium of 3.87 euros [4] - The total subscription amount for the shares is 121,500 euros, with 4 current and former employees participating in the share issue [2][4] - 57,500 shares remain unsubscribed and will be cancelled [2][4] Capital Structure Changes - Following the capital increase, Harju Elekter's total share capital will rise from 11,654,225.10 euros to 11,671,235.10 euros, resulting in a total of 18,525,770 ordinary shares without nominal value [4] - The new shares will be listed on Nasdaq Tallinn after being included in the Estonian Central Securities Depository [4] Subscription Rights - The pre-emptive right to subscribe for new shares is limited to management board members and key personnel involved in the option program, excluding other shareholders [4] - The deadline for exercising subscription rights was set for June 25, 2025, with timely submissions from option beneficiaries [4]