Resolutions of the Annual General Meeting of the S

The annual general meeting of Mainor Ülemiste AS (registration code 10348595, registered address Valukoja 8, Tallinn 11415) shareholders took place on the 10^th of May 2017 at the office of Mainor Ülemiste AS Valukoja 8, Tallinn. The meeting started at 13.00 and ended at 14.00. The shareholders represented in total 32,000,000 votes, which form 100.00% of all votes attached to the shares. Thus the meeting had a quorum.

Resolutions of the annual general meeting of the shareholders:

1. Approval of the consolidated annual report of Mainor Ülemiste AS for the financial year of 2016

To approve the consolidated annual report of Mainor Ülemiste AS for the financial year of 2016 presented by the Management Board

2. Distribution of profit of Mainor Ülemiste AS for the financial year of 2016

To distribute the profit of Mainor Ülemiste AS for 2016 in amount of 6,417 thousand euros as following:

1) To retain 5,577 thousand euros from the profit of financial year of 2016 as retained earnings

2) To pay dividends to the shareholders in amount of 840 thousand euros

3. Appointment of auditor for the financial year of 2017

To appoint Deloitte Audit Eesti AS (registration code 10687819; registered address: Roosikrantsi 2, Tallinn 10119) as the auditor for the financial year of 2017.

Margus Nõlvak

Member of the Board

Tallinn, 30.06.2016