Core Insights - AS Tallink Grupp experienced a mixed performance in passenger and cargo transport in September 2025 and the third quarter of the year, with a notable decrease in September but an increase in the third quarter compared to the previous year [1][2]. September 2025 Performance - The company transported 387,482 passengers in September 2025, marking a 4.1% decrease from 404,143 passengers in September 2024 [1][2]. - Cargo units transported decreased by 8.2% to 21,269 units compared to 23,178 units in September 2024 [1][2]. - The number of passenger vehicles transported fell by 5.9% to 55,973 units from 59,455 units in the same month last year [1][2]. Third Quarter 2025 Performance - In the third quarter (July–September) of 2025, AS Tallink Grupp transported 1,766,335 passengers, which is a 3.0% increase from 1,715,496 passengers in the same period of 2024 [2]. - The number of cargo units transported in Q3 decreased by 9.8% to 60,306 units from 66,865 units year-on-year [2]. - Passenger vehicles transported in Q3 saw a slight increase of 0.4% to 251,751 units compared to 250,810 units in Q3 2024 [2]. Route-Specific Insights - Finland-Sweden routes showed a decrease in passenger numbers, with 88,933 passengers in September 2025, down 6.6% from 95,176 in September 2024, and a slight decrease of 1.4% in Q3 [2][3]. - Estonia-Finland routes experienced a 3.4% decrease in September but a significant 10.1% increase in Q3 passenger numbers [2][4]. - Estonia-Sweden routes saw a 3.4% decrease in September and a substantial 23.5% decrease in Q3 compared to the previous year [2][5]. Other Events - The charter agreement for the vessel Galaxy I was extended for an additional 6 months until October 2026, with an option for a further 12-month extension [6].

Core Insights - AS Tallink Grupp experienced a 5.9% increase in passenger transport in August 2025, totaling 595,529 passengers compared to August 2024 [1] - The number of cargo units transported decreased by 11.1% to 19,518 units, while passenger vehicles increased by 4.7% to 83,569 units [1] Passenger Transport Summary - Total passengers in August 2025: 595,529, up from 562,451 in August 2024, reflecting a 5.9% increase [1] - Breakdown by routes: - Finland - Sweden: 132,285 passengers, down 1.3% from 134,051 [1] - Estonia - Finland: 401,818 passengers, up 15.7% from 347,287 [1] - Estonia - Sweden: 61,426 passengers, down 24.3% from 81,113 [1] Cargo Transport Summary - Total cargo units in August 2025: 19,518, down from 21,953 in August 2024, reflecting an 11.1% decrease [1] - Breakdown by routes: - Finland - Sweden: 2,569 units, down 19.9% from 3,208 [1] - Estonia - Finland: 14,239 units, down 9.9% from 15,806 [1] - Estonia - Sweden: 2,710 units, down 7.8% from 2,939 [1] Passenger Vehicles Summary - Total passenger vehicles in August 2025: 83,569, up from 79,791 in August 2024, reflecting a 4.7% increase [1] - Breakdown by routes: - Finland - Sweden: 8,447 vehicles, up 0.6% from 8,393 [1] - Estonia - Finland: 70,093 vehicles, up 5.2% from 66,602 [1] - Estonia - Sweden: 5,029 vehicles, up 4.9% from 4,796 [1] Other Events - The charter agreement for Galaxy I was extended from October 2025 until April 2026, with an option for an additional 6-month extension [5]

Core Viewpoint - AS Tallink Grupp's subsidiary, Tallinn-Helsinki Line Limited, has sold the cargo vessel Regal Star to AMS LINE SHIPPING CO, with the transfer completed today. The sale is not expected to significantly affect the company's financial results for 2025 [1]. Group 1 - The cargo vessel Regal Star has been sold to AMS LINE SHIPPING CO [1]. - The transaction was finalized today, indicating a swift transfer of ownership [1]. - The sale will not have a significant impact on AS Tallink Grupp's financial results for the year 2025 [1].

Core Insights - AS Tallink Grupp reported a 4.6% increase in passenger numbers for July 2025, totaling 783,324 compared to 748,902 in July 2024 [1] - The number of cargo units transported decreased by 10.2% to 19,519 units, while passenger vehicles saw a slight increase of 0.6% to 112,209 units [1] Passenger Transport Summary - Finland-Sweden route saw a 1.0% increase in passengers, totaling 214,552 in July 2025 [1][2] - Estonia-Finland route experienced a significant 14.0% increase, with 502,930 passengers [1][3] - Estonia-Sweden route faced a decline of 31.0%, with only 65,842 passengers [1][4] Cargo Transport Summary - Cargo units on the Finland-Sweden route decreased by 14.0% to 2,440 units [1][2] - Estonia-Finland route's cargo units fell by 8.9% to 14,811 [1][3] - Estonia-Sweden route's cargo units decreased by 13.8% to 2,268 [1][4] Passenger Vehicles Summary - Passenger vehicles on the Finland-Sweden route increased by 4.8% to 16,843 [1][2] - Estonia-Finland route saw a minor increase of 0.6% to 89,188 [1][3] - Estonia-Sweden route experienced a decline of 9.5%, totaling 6,178 vehicles [1][4]

On 24 July 2025 AS Tallink Grupp held an investor webinar where Paavo Nõgene, the Chairman of the Management Board, and Harri Hanschmidt and Margus Schults, the members of the Management Board introduced the results of the second quarter of 2025. AS Tallink Grupp would like to thank all the participants. The webinar presentation is enclosed and the webinar recording is available at Reports & Financial key figures. Attachment AS Tallink Grupp Q2 2025 Webinar Presentation Anneli Simm Investor Relations Manage ...

Core Insights - AS Tallink Grupp reported a net loss of EUR 2.5 million in Q2 2025, a significant decline from a net profit of EUR 6.1 million in Q2 2024, indicating challenges in profitability [3][11] - The Group's total revenue decreased by EUR 3.1 million to EUR 207.0 million compared to EUR 210.0 million in the same quarter last year, reflecting operational difficulties [3][21] - Passenger numbers increased by 2.5% year-on-year, totaling 1,488,128 passengers, while cargo units transported saw a significant decline of 22.8% [2][21] Financial Performance - The Group's unaudited EBITDA for Q2 2025 was EUR 37.4 million, down from EUR 46.6 million in Q2 2024, indicating a decrease in operational efficiency [3][21] - Gross profit declined by EUR 7.8 million to EUR 39.1 million compared to EUR 46.8 million in the same quarter last year [9][21] - Revenue from route operations, the Group's core business, decreased by EUR 1.0 million to EUR 167.8 million compared to Q2 2024 [4][21] Segment Analysis - The Estonia-Finland route saw a 4.9% increase in passenger numbers, but cargo units transported decreased by 23.9%, with revenue remaining stable at EUR 84.6 million [5][21] - Finland-Sweden routes experienced a 2.8% increase in passengers, with revenue rising by EUR 1.8 million to EUR 60.4 million, despite a 32.4% drop in cargo units [6][21] - Estonia-Sweden routes faced a 10.9% decrease in passengers and a revenue drop of EUR 2.9 million to EUR 22.9 million, reflecting operational challenges [7][21] Investments and Financial Position - The Group's investments in Q2 2025 amounted to EUR 8.4 million, primarily for maintenance and refurbishment of vessels [15][21] - As of June 30, 2025, the Group's net debt was EUR 459.7 million, down from EUR 569.1 million at the end of Q1 2025, improving the net debt to EBITDA ratio to 3.6 [16][21] - Cash and cash equivalents increased to EUR 36.0 million from EUR 15.9 million at the end of Q1 2025, indicating improved liquidity [17][21] Operational Challenges - Demand was affected by low consumer and business confidence, economic challenges in core markets, and global geopolitical tensions [13][21] - The Group operated 13 vessels at the end of Q2 2025, including 3 vessels on charter and 2 vessels in lay-up, reflecting operational adjustments [13][21]

Core Viewpoint - AS Tallink Grupp will present its second quarter 2025 financial results in an investor webinar scheduled for 24 July 2025 at 12:00 (EEST) [1] Group 1 - The webinar will be conducted in English and will feature presentations from the Chairman of the Management Board Paavo Nõgene and other board members [1] - Participants are encouraged to submit their questions via email by 11:00 am on 24 July 2025, with preference given to pre-submitted questions due to time constraints [2] - The webinar will be hosted on the Microsoft Teams platform, and no prior registration is required for participation [3] Group 2 - Participants can join the webinar through a web browser or the Microsoft Teams application, which must be downloaded from the Play Store or App Store for smart devices [4] - The webinar will be recorded and made available online on the company's website under Reports & Financial key figures [4]

Core Insights - AS Tallink Grupp reported a 4.9% increase in passenger transport in June 2025 compared to June 2024, totaling 598,977 passengers [1] - The company experienced a significant decrease in cargo units transported, down 11.2% in June and 22.8% in the second quarter compared to the previous year [2] - Passenger vehicles transported saw a slight increase of 1.0% in June and 1.4% in the second quarter compared to the same periods last year [2] Passenger Transport Summary - June 2025: 598,977 passengers, up from 570,803 in June 2024 (4.9% increase) [2] - Q2 2025: 1,488,128 passengers, up from 1,451,768 in Q2 2024 (2.5% increase) [2] - Key routes: - Finland-Sweden: 153,422 passengers in June 2025, down 0.6% from June 2024 [2] - Estonia-Finland: 386,211 passengers in June 2025, up 14.8% from June 2024 [2] - Estonia-Sweden: 59,344 passengers in June 2025, down 25.8% from June 2024 [2] Cargo Transport Summary - June 2025: 22,544 cargo units, down from 25,383 in June 2024 (11.2% decrease) [2] - Q2 2025: 67,038 cargo units, down from 86,813 in Q2 2024 (22.8% decrease) [2] - Key routes: - Finland-Sweden: 2,899 cargo units in June 2025, down 16.7% from June 2024 [2] - Estonia-Finland: 16,247 cargo units in June 2025, down 11.0% from June 2024 [2] - Estonia-Sweden: 3,398 cargo units in June 2025, down 7.0% from June 2024 [2] Passenger Vehicle Transport Summary - June 2025: 87,530 passenger vehicles, up from 86,651 in June 2024 (1.0% increase) [2] - Q2 2025: 212,782 passenger vehicles, up from 209,760 in Q2 2024 (1.4% increase) [2] - Key routes: - Finland-Sweden: 9,558 passenger vehicles in June 2025, up 5.6% from June 2024 [2] - Estonia-Finland: 73,712 passenger vehicles in June 2025, up 0.6% from June 2024 [2] - Estonia-Sweden: 4,260 passenger vehicles in June 2025, down 1.6% from June 2024 [2]

Core Insights - AS Tallink Grupp reported a 4.9% increase in passenger transport in June 2025 compared to June 2024, with 598,977 passengers transported [1][2] - The company experienced a significant decrease in cargo units transported, down 11.2% in June and 22.8% in the second quarter compared to the previous year [2] - Passenger vehicles transported saw a slight increase of 1.0% in June and 1.4% in the second quarter compared to the same periods last year [2] Passenger Transport Summary - June 2025: 598,977 passengers, up from 570,803 in June 2024 (4.9% increase) [2] - Q2 2025: 1,488,128 passengers, up from 1,451,768 in Q2 2024 (2.5% increase) [2] - Key routes: - Finland - Sweden: 153,422 passengers in June 2025, down 0.6% from June 2024 [2] - Estonia - Finland: 386,211 passengers in June 2025, up 14.8% from June 2024 [2] - Estonia - Sweden: 59,344 passengers in June 2025, down 25.8% from June 2024 [2] Cargo Transport Summary - June 2025: 22,544 cargo units, down from 25,383 in June 2024 (11.2% decrease) [2] - Q2 2025: 67,038 cargo units, down from 86,813 in Q2 2024 (22.8% decrease) [2] - Key routes: - Finland - Sweden: 2,899 cargo units in June 2025, down 16.7% from June 2024 [2] - Estonia - Finland: 16,247 cargo units in June 2025, down 11.0% from June 2024 [2] - Estonia - Sweden: 3,398 cargo units in June 2025, down 7.0% from June 2024 [2] Passenger Vehicle Transport Summary - June 2025: 87,530 passenger vehicles, up from 86,651 in June 2024 (1.0% increase) [2] - Q2 2025: 212,782 passenger vehicles, up from 209,760 in Q2 2024 (1.4% increase) [2] - Key routes: - Finland - Sweden: 9,558 passenger vehicles in June 2025, up 5.6% from June 2024 [2] - Estonia - Finland: 73,712 passenger vehicles in June 2025, up 0.6% from June 2024 [2] - Estonia - Sweden: 4,260 passenger vehicles in June 2025, down 1.6% from June 2024 [2]

Group 1: Passenger and Cargo Transport Statistics - In May 2025, AS Tallink Grupp transported 472,683 passengers, reflecting a 2.0% decrease compared to May 2024 [1] - The number of cargo units decreased by 19.8% to 22,605 units compared to the same period a year ago [1] - The number of passenger vehicles decreased by 4.7% to 65,482 units compared to May 2024 [1] Group 2: Route Performance - Finland-Sweden route saw 108,330 passengers in May 2025, a 2.3% increase from 105,856 in May 2024 [1] - Estonia-Finland route had 313,348 passengers, a decrease of 4.7% from 328,949 in May 2024 [1] - Estonia-Sweden route experienced a 7.0% increase in passengers, totaling 51,005 in May 2025 compared to 47,652 in May 2024 [1] Group 3: Cargo Unit Performance by Route - Finland-Sweden route cargo units decreased by 35.8% to 2,377 units from 3,700 units in May 2024 [1] - Estonia-Finland route cargo units decreased by 19.9% to 16,808 units from 20,986 units in May 2024 [1] - Estonia-Sweden route cargo units saw a slight decrease of 2.7%, totaling 3,420 units compared to 3,516 units in May 2024 [1] Group 4: Passenger Vehicle Performance by Route - Finland-Sweden route passenger vehicles decreased by 4.4% to 4,389 units from 4,590 units in May 2024 [1] - Estonia-Finland route passenger vehicles decreased by 5.5% to 58,578 units from 62,002 units in May 2024 [1] - Estonia-Sweden route passenger vehicles increased by 17.7% to 2,515 units from 2,137 units in May 2024 [1] Group 5: Charter Agreement - AS Tallink Grupp signed an agreement with Madar Maritime Company for the chartering of the cruise ferry Romantika for 9 months starting from May 31, 2025, with an option to extend the agreement [5]