2021: Total number of voting rights and number of voting rights by share type

AS Tallinna Vesi (hereinafter ASTV) has 20,000,001 (twenty million and one) shares in total. 20,000,000 (twenty million) shares are voting shares (hereinafter the A-shares) and 1 (one) share is a restricted voting share (hereinafter the B-share).

Each ASTV’s A-share provides its holder with 1 (one) vote at the general meeting of the shareholders of ASTV and the right to participate at the general meeting of the shareholders of ASTV, in the distribution of profits and in the distribution of the remaining assets upon dissolution of ASTV as well as any other rights set forth in law and in the Articles of Association of ASTV.

ASTV’s B-share grants the holder the right to participate in the general meeting of the shareholders of ASTV, in the distribution of profits and in the distribution of the remaining assets upon dissolution of ASTV as well as any other rights set forth in law and in the Articles of Association of ASTV. The B-share grants the shareholder 1 (one) vote at the general meeting of the shareholders of ASTV when deciding on the following matters:

• amending the Articles of Association of ASTV;
• increasing and reducing the share capital of ASTV;
• issue of convertible bonds;
• acquisition of treasury shares by ASTV;
• deciding on the merger, division, transformation and/or dissolution of ASTV;
• at the request of the management board or the supervisory council of ASTV, deciding on issues related to the activities of ASTV that have not been placed in the exclusive competence of the general meeting of shareholders by law.