ELKO Grupa
Company Announcement

VOTING RESULTS OF INVESTORS ON AS "ELKO GRUPA" CONSENT (WAIVER) ON ALIENATION OF SHARES OF MATERIAL SUBSIDIARIES IN RUSSIA

Riga, 2022-03-31 15:29 CEST -- AKCIJU SABIEDRĪBA “ELKO GRUPA” hereby informs, that as a result of the voting the Issuer has received consent (waiver) from the Investors who altogether own 82% of the outstanding Notes, in accordance with Clause 5.5 of the Terms of the Notes Issue dated 29 January 2021 governing the Notes with ISIN LV0000870079.

Consequently, it shall be considered that Investors have agreed to grant the consent (waiver).

Announcement of the voting results of the Investors and approved application for receipt of Investors’ consent (waiver) are attached hereto.

         Janis Kirsis
         Head of Treasury
         ELKO Grupa AS
         4, Toma Street, Riga, LV-1003, Latvia
         + 371 6709 2357
         janis.kirsis@elkogroup.com