AS Tallinna Vesi at its AGM held on May 30, 2024, approved distribution of profit for the year 2023. The net profit of the Company in 2023 is ?12,844,000. To distribute ?10,200,000 of the Company?s retained earnings of ?79,059,000 as of March 31, 2023 (incl.

from the net profit of ?12,844,000 for the year 2023). ?0.51 per share will be paid to the shareholders as dividends.? The rest of retained earnings shall remain undistributed.?

No allocations shall be made from the net profit to the reserve capital. Based on the dividend proposal made by the Management Board, the Supervisory Council proposes to decide to pay the dividends out to the shareholders on 27 June 2024. The list of shareholders entitled to receive dividends will be established as of 19 June 2024 at the closure of business day of the settlement system.

Consequently, the day of change of the rights related to the shares (ex-dividend date) is set to 18 June 2023.