The results of the voluntary takeover offer made by Eesti Energia AS in respect of the shares of Enefit Green AS

Core Points - Eesti Energia AS has made a voluntary takeover offer to acquire all shares of Enefit Green AS not already owned by it [1][2] - The takeover offer was approved by the Estonian Financial Supervision and Resolution Authority on 7 April 2025 [3] - The purchase price offered for each share is EUR 3.40 [3] Offer Details - The offer commenced on 8 April 2025 and ended on 12 May 2025 [3] - A total of 52,940,905 shares, approximately 20% of all shares, were sold to the Offeror by participating shareholders [4] - The payment for the shares will occur on 16 May 2025, with shareholders receiving the purchase price based on the number of shares sold [5] Ownership Changes - Prior to the offer, the Offeror held 203,931,405 shares, representing 77.17% of all shares [6] - After the offer, the Offeror will own a total of 256,872,310 shares, amounting to 97.2% of all shares [6] - This acquisition allows the Offeror to represent at least 90% of the voting share capital of Enefit Green [6] Next Steps - The Offeror will prepare a takeover report to justify the conditions for transferring shares held by minority shareholders [7] - A meeting of shareholders will be convened to decide on the takeover and the delisting of shares from Nasdaq Tallinn Stock Exchange [7] - Shareholders will have at least one month to access draft resolutions and relevant reports before the meeting [7]