Tallink Grupp As · OMXTSE:TAL1T
Tallink Grupp As — AS Tallink Grupp — Shareholder Meeting (May 2025)
26 slides from Tallink Grupp As's shareholder meeting presentation, May 20, 2025
Slide 1: AS Tallink Grupp General Meeting of Shareholders
AS Tallink Grupp General Meeting of Shareholders 20 May 2025
Slide 2: Agenda of the General Meeting of Shareholders
Agenda of the General Meeting of Shareholders 1. Approval of the annual report of the financial year 2024 2. Proposal for profit distribution 3. Appointment of an auditor for the financial year 2025 and the determination of the procedure of remuneration of an auditor 4. Extension of authority and de
Slide 3: Overview of FY2024 & Q1 2025
Overview of FY2024 & Q1 2025 ¥ TALLINK | SILJA LINE /2
Slide 4: Tallink Grupp key facts
Tallink Grupp KEY FACTS ABOUT TALLINK GRUPP as at 20 May 2025 The leading European provider of 13 vessels 5 regular routes leisure and business travel and sea 11 passenger vessels on the Baltic Sea transportation services in the Baltic 2 cargo vessels Sea region. 2 vessels 3.4 million in charter Clu
Slide 5: Fleet by routes and chartered vessels
Fleet by routes and chartered vessels Tallinn - Helsinki Helsinki - Stockholm Chartered In lay-up Megastar Silja Symphony Galaxy I Regal Star Vessel type High-speed ro-pax Vessel type Cruise ferry Built/renovated 2017 Vessel type Cruise ferry Vessel type Ro-ro passenger vessel Built/renovated 1991 B
Slide 6: 2024 Key Indicators
2024 Key Indicators 5 580 016 303 234 € Net profit € 785.8 175.2 40.3 millions millions millions 6 6
Slide 7: Employees of Tallink Grupp
Employees of Tallink Grupp As of 31 December 2024 Employee split by countries 7 8 e 3005 -_ Average years spent in the compan 953 Pen Employees 497 across shores Employees an] on-shore 1760 291 a ster — on-board 3087 94 @ COortud Gender split Women men 55% | 45% oOo = Average age of employee CON 42.
Slide 8: 2024 in Brief
2024 in Brief KEY TAKEAWAYS • Uncertainty in core markets Low consumer and business confidence as well as geopolitical turbulence affect demand • Fleet optimization Focus on fleet optimization including chartering of vessels and finding work or buyer for vessels in lay-up • Dividend payment In 2024,
Slide 9: Our main ESG Related Goals
Our main ESG Related Goals Scope Goal E1 Climate Change / • Reduce scope 1 & 2 GHG emissions annually by 2% and in coherence with international climate goals E2 Pollution • Ensure compliance with FuelEU Maritime Regulation S1 Own Employees’ Working • Maintain LTIFR baseline level 13.3, reduce level
Slide 10: Reduction of emissions in shipping operations
Reduction of emissions in shipping operations CO2 EMISSIONS 1200 1000 ✓ -39% 2008 vs. 2019 800 ✓ -62% 2008 vs. 2024 600 400 200 0 2008 2009 2010 2011 2012 2013 2014 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10
Slide 11: 38,190 shareholders and FDR-holders
38,190 shareholders and FDR-holders incl. 29,961 on Tallinn Stock Exchange (TAL1T) and 8,229 on Helsinki Stock Exchange (FI4000349378) at 31 March 2024
Slide 12: Dividend of EUR 0.06 per share to be paid in FY2025
Dividend of EUR 0.06 per share to be paid in FY2025 Dividend yield of ca 9.3% 12% 0.07 8% 0.06 4% 0.06 0.06 0.05 0.05 0.03 0.03 0.03 0.02 0.02 0% 2013 2014 2015 2016 2017 2018 2019 2024 2025 Dividend Aktsiakapitali vähenemine Dividendi tootlus
Slide 13: 2025 Outlook
2025 Outlook • Low business and consumer confidence in the Group's core markets and global geopolitical turbulence continue to impact demand and thus the Group's revenue base. • Strong focus on cost savings and debt reduction to strengthen the Group's liquidity • Chartering of vessels and seeking op
Slide 14: Dynamics of seasonality
Dynamics of seasonality Passengers (millions) Cargo (th. units) 9.8 500 10 410 2.3 400 380 360 369 8 324 96 5.7 94 303 5.5 5.6 300 82 101 6 3.0 76 65 Q4 102 3.7 1.3 1.3 1.3 93 92 91 4 200 76 67 Q3 3.0 1.9 1.8 1.7 109 2.7 100 87 1.3 1.1 92 85 87 Q2 2 1.6 1.5 1.5 1.0 100 58 1.9 1.1 93 100 102 1.6 1.0
Slide 15: Dynamics of seasonality
Dynamics of seasonality Quarterly net result (in million euros) 2019 … 2022 2023 2024 2025(1) net profit 50M€ net profit 14M€ net profit 79M€ net profit 40M€ net loss 33M€ 70 50 30 55 49 38 33 37 10 15 17 6 2 3 5 -5 -5 -10 -25 -33 -40 -30 -50 Notes: (1) 2025 unaudited Most of profits are typically e
Slide 16: Thank you!
Thank you!
Slide 17: 1. Approval of the annual report of the financial year 2024
1. Approval of the annual report of the financial year 2024 To approve the annual report of the financial year 2024 as presented by the Management Board of AS Tallink Grupp. 17
Slide 18: 2. Proposal for profit distribution
2. Proposal for profit distribution To approve the following profit distribution proposal as prepared by the Management Board of AS Tallink Grupp: 1. To approve the net profit of the financial year 2024 in the amount of 40 274 000 euros. The retained earnings of previous periods total to 325 991 000
Slide 19: 2. Proposal for profit distribution
2. Proposal for profit distribution 5. To pay the shareholders dividends of 0.06 euros per share, in the total amount of 44 614 143.84 euros; 5.1. 0.03 euros per share shall be paid to the shareholders who are included in the list of shareholders on 19 June 2025 as at the end of the business day of
Slide 20: 3. Appointment of an auditor for the financial year 2025
3. 3. Appointment of an auditor for the financial year 2025 and the determination of the procedure of remuneration of an auditor To appoint the audit firm KPMG Baltics OÜ as the auditor of AS Tallink Grupp for the financial year 2025 and to remunerate the work in accordance with the contract to be c
Slide 21: 4. Extension of authority and remuneration of Supervisory Board
4. Extension of authority and determination of the remuneration of the members of the Supervisory Board Due to the expiry of the term of authority of the members of the Supervisory Board, Ain Hanschmidt, Eve Pant, Toivo Ninnas and Raino Paron on 19.09.2025, to extend the term of authority for the ne
Slide 22: 5. Amendment of the Articles of Association
5. Amendment of the Articles of Association To amend the second sentence of the Article 2.4. of the Articles of Association and word it as follows: “Supervisory board shall be authorised within 3 years as from 1 January 2026 to increase the share capital by up to 35 000 000 euros, increasing the sha
Slide 23: 6. Issuance of options to Supervisory Board members
6. Issuance on options as part of the Option program to the members of the Supervisory Board To approve the issuing of options as part of the Option program to the members of the Supervisory Board of AS Tallink Grupp and to conclude the Agreements of Share Option in accordance with the terms of the
Slide 24: 6. Issuance of options to Supervisory Board members
6. Issuance on options as part of the Option program to the members of the Supervisory Board 5. The Member of the Supervisory Board Toivo Ninnas has the right to acquire 300 000 options (which gives the right to acquire 300 000 shares of AS Tallink Grupp) for the third year of the Option program (pe
Slide 25: Questions!
Questions!
Slide 26: a a ee ;
a a ee ; —__ | SILJA LIN