Dear shareholder of AS Ekspress Grupp
AS Ekspress Grupp (registry code 10004677, official address Parda 6, 10151 Tallinn) shareholder ING Luxembourg S.A., owner of 13,43 % of shares, has submitted the following additional draft resolution proposal for the first item of agenda of 26 October, 2016 Shareholders’ General Meeting:
Not to make any changes in the supervisory board.
ING Luxembourg S.A. substantiates the draft resolution proposal as follows:
The current members of the supervisory board have performed their duties successfully and efficiently, in the best interests of AS Ekspress Grupp. Recalling of the current members of the supervisory board does not benefit AS Ekspress Grupp and unnecessarily disrupts the planning of the activities of AS Ekspress Grupp, organising the management of the company and supervising the activities of the management board.