Group 1 - Ahto Aruväli has been appointed as a new member of the management board of Embach Ehitus OÜ, responsible for leading the North Estonia division [1] - The management board of Embach Ehitus OÜ now consists of three members: Andres Salusaar (Chairman), Peeter Voovere (Head of Sales and Pre-Construction), and Ahto Aruväli [3] - Nordecon AS is a group of construction companies focused on construction project management and general contracting, operating in Estonia, Ukraine, and Sweden [4] Group 2 - Ahto Aruväli holds degrees in building construction and strategic management, and has previous experience on the management boards of multiple construction companies [2] - Nordecon Group reported a consolidated revenue of 208 million euros in 2025 and currently employs approximately 430 people [4]

Nordecon AS (registry code 10099962, address Toompuiestee 35, 10149 Tallinn) annual general meeting of shareholders was held on 21 May 2025 at 10.00 a.m. in the conference centre of Radisson Blu Hotel Olümpia, room Sigma (Liivalaia 33, 10118 Tallinn). The shareholders of Nordecon AS made the following decisions according to the proposed agenda: Agenda item No. 1. Approval of the Company’s annual report for 2024 and proposal for the allocation of profit RESOLUTION No. 1 To approve the Company’s consolidated ...