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February 2023

TALLINNA KAUBAMAJA GRUPP AUDITED ANNUAL REPORT 2022

TALLINNA KAUBAMAJA GRUPP AUDITED ANNUAL REPORT 2022

TALLINN, 21.02.2023, www.nasdaqbaltic.com - The Supervisory Board of Tallinna Kaubamaja Grupp AS approved today, on 21 February 2023 the annual report and profit allocation proposal for the year 2022 of Tallinna Kaubamaja Grupp AS. The Supervisory Board decided to present the annual report and profit allocation proposal as prepared by the Management Board for the approval of the general meeting of shareholders. The revenues and profits remained unchanged compared to the preliminary disclosure on 19 January 2023.

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DISTRIBUTION RIGHTS OF ŠKODA IN LITHUANIA

DISTRIBUTION RIGHTS OF ŠKODA IN LITHUANIA

TALLINN, 03.02.2023, www.nasdaqbaltic.com - TKM Auto OÜ, a wholly owned subsidiary of Tallinna Kaubamaja Grupp AS, has signed a letter of intent with the public limited company Auto 100 according to which the subsidiary company KIA Auto UAB will become the retailer of Škoda in Lithuania in addition to KIA vehicles. The Group holds the retail rights of Škoda in Latvia since 2019. As of 2023, AS Auto 100 is the official importer of Škoda in addition to Estonia and Latvia also in Lithuania.

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January 2023

March 2022