Aktsiaselts Infortar to start buy-back of up to 250,000 own shares

Group 1 - Aktsiaselts Infortar has initiated a buy-back program for 250,000 of its own shares based on the authorization from the General Meeting of Shareholders held on June 6, 2025 [1] - The buy-back will occur over a period of five years, with the acquisition price per share not exceeding 150% of the average stock exchange price over the last 30 trading days prior to the buy-back transaction [2] - The buy-back program is managed by SEB Pank AS, which will operate independently in making trading decisions regarding the timing of purchases [3] Group 2 - Summary data regarding daily volume and weighted average price of the shares will be disclosed within seven trading days after each transaction and will be available to the Estonian Financial Supervision and Resolution Authority and on the company's investor website [4] - The company is authorized to acquire its own shares through the Nasdaq Tallinn Stock Exchange under the buy-back program as defined in EU regulations [5] Group 3 - Infortar operates in seven countries, focusing on maritime transport, energy, and real estate, with a 68.47% stake in Tallink Grupp and a 100% stake in Elenger Grupp [6] - The company has a modern real estate portfolio of approximately 141,000 square meters and operates in various sectors including construction, mineral resources, agriculture, and printing [6] - Infortar comprises 110 companies, including 101 subsidiaries, 4 affiliated companies, and 5 subsidiaries of affiliated companies, employing a total of 6,866 people excluding affiliates [6]