THE MANAGEMENT OF AS TALLINK GRUPP

The management of AS Tallink Grupp is carried out by the Management Board and the Supervisory Board.

Management Board

The Management Board is an executive body charged with the day-to-day management of the Company, as well as with representing the Company in its relations with third parties, for example by entering into contracts on behalf of the Company. The Management Board must adhere to the lawful orders of the Supervisory Board.
 
The Management Board shall consist of 3 to 7 members. Members of the Management Board shall be elected for periods of three years at a time. Every member of the Management Board has the right to represent the Company in any legal and business matter.

Management Board

Janek Stalmeister

Janek Stalmeister

(born 1974)

Chairman of the Management Board since 2015, Chief Executive Officer. Member of the Management Board since 2009, Chief Financial Officer. Has been working for the Group since 1999 in the positions of financial advisor, treasurer and financial director. Head of the External Debt Division at the Estonian Ministry of Finance from 1994-1997. Graduated the Faculty of Economics from the International University "LEX", Estonia, in 1999. Direct shareholding of 45,000 shares of AS Tallink Grupp.

Lembit Kitter

Lembit Kitter

(born 1953)

Member of the Management Board, General Director since 2006. Worked in the banking sector in Estonia since 1992 at leading positions, including in Eesti Maapank, Tartu Maapank, Põhja-Eesti Pank and in SEB Eesti Ühispank. Graduated the Faculty of Economics in Tartu University, Estonia, in 1976.

Andres Hunt

Andres Hunt

(born 1966)

Vice Chairman of the Management Board since 2008. Member of the Management Board since 2002. Has been working for the Group since 1998 in the positions of Financial Director and Chief Financial Officer. Director of Tax Policy Department at the Ministry of Finance of Estonia from 1995 to 1998. Graduated the Faculty of Economics, Academy of Agriculture, Estonia, in 1992. Direct shareholding of 860,000 shares of AS Tallink Grupp.

Supervisory Board

The Supervisory Board is responsible for the administration of the Company and the appropriate organization of its operations. The Supervisory Board determines the principles for the Company's strategy, organization, annual operating plans and budgets, financing and accounting.
 
The Supervisory Board shall consist of 5 to 7 members. Members of the Supervisory Board shall be elected for periods of three years at a time. The Supervisory Board shall elect one of its members as Chairman.

Supervisory Board

Enn Pant

Enn Pant

(born 1965)

Chairman of the Supervisory board since 2015.
Chairman of the Management Board and CEO from 1996 to 2015. Member of the Supervisory Council of AS Infortar.
Chancellor of the Ministry of Finance of Estonia from 1992 to 1996. Graduated the Faculty of Economics, Tartu University, Estonia, in 1990.
Direct shareholding of 3,951,913 shares of AS Tallink Grupp.

Toivo Ninnas

Toivo Ninnas

(born 1940)

Member of the supervisory board since 1997. Chairman of the supervisory board from 1997 to 2015. Served at ESCO (Estonian Shipping Company) 1973 to 1997 on various positions, Director General since 1987. Graduated from the Far Eastern High Engineering Maritime College (FEHEMC), maritime navigation, in 1966. Direct shareholding of 19,200 shares.

Eve Pant

Eve Pant

(born 1968)

Member of the supervisory board since 1997. Member of the management board of Infortar since 1997. Graduated from the Tallinn School of Economics, Estonia, in 1992. Direct shareholding of 603,500 shares.

Lauri Kustaa Äimä

Lauri Kustaa Äimä

(born 1971)

Member of the supervisory board since 2002. Managing Director KJK Capital Oy. Chairman of the Management Board, KJK Fund SICAV-SIF and Amber Trust II SCA. Vice-chairman of the Management Board, Amber Trust SCA. Holds a Masters degree in Economics from the University of Helsinki, Finland in 1997. Direct shareholding of 237,000 shares.

Kalev Järvelill

Kalev Järvelill

(born 1965)

Member of the supervisory board since 2007. Member of the supervisory board of AS Infortar. He was a member of the management board of AS Tallink Grupp from 1998-2006. General Director of the Estonian Tax Board from 1995 to 1998. Vice Chancellor of the Ministry of Finance of Estonia from 1994 to 1995. Direct shareholding of 1,276,800 shares.

Ain Hanschmidt

Ain Hanschmidt

(born 1961)

Member of the supervisory board since 2005, also from 1997 to 2000 Chief Executive Officer of AS Infortar. For years he served as Chairman of the management board of AS SEB Eesti Ühispank. Graduated from the Tallinn Polytechnic Institute (Tallinn University of Technology), Estonia in 1984. Direct shareholding of 1,800,000 shares.

Colin Douglas Clark

Colin Douglas Clark

(born 1974)

Member of the supervisory board since 2013. Partner with CVCI Private Equity; Director of the Supervisory Board of Prestige, a leading food company in Bulgaria. Prior to CVCI, from 2000 worked Citi's leading emerging markets projects financing team, prior to joining Citi, worked for Bank of Scotland in Edinburg in various positions. Holds Bachelor's degree in Accountancy and Management from University of Dundee (Scotland); Member of the Institute Chartered Accountants of Scotland.