O
n April 8, 2025, the EfTEN Real Estate Fund AS Annual General Meeting convened at the Radisson Collection Hotel Conference Center in Tallinn. A total of 130 shareholders attended, representing 74.49% of the total votes, with 10 shareholders casting their votes electronically beforehand.

    The meeting adopted three key resolutions:

    1. **Annual Report Approval**: Shareholders unanimously approved the annual report for 2024, with all 8,522,281 votes in favor and none against.

    2. **Profit Distribution**: The shareholders agreed to distribute the undistributed profit of €25,565 thousand as follows: €1,357 thousand to reserve capital, €12,699 thousand (€1.11 per share) as a net dividend, and leaving €11,509 thousand undistributed. The record date for determining shareholders entitled to dividends is April 22, 2025.

    3. **Supervisory Board Authorizations**: Shareholders extended the authorizations of Supervisory Board members Arti Arakas, Sander Rebane, Siive Penu, and Olav Miil until June 18, 2030, with 76.89% of votes in favor.

    Additionally, shareholders delegated to the Supervisory Board the decision on increasing share capital by up to 10% through a public or private offering, excluding pre-emptive rights, and applying for listing on the Main List of Nasdaq Tallinn Stock Exchange.