Reported Earnings • May 12
First quarter 2026 earnings released: EPS: €0.02 (vs €0.026 in 1Q 2025) First quarter 2026 results: EPS: €0.02 (down from €0.026 in 1Q 2025). Revenue: €28.6m (up 1.0% from 1Q 2025). Net income: €4.57m (down 33% from 1Q 2025). Profit margin: 16% (down from 24% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Infrastructure industry in Europe. Upcoming Dividend • May 05
Upcoming dividend of €0.073 per share Eligible shareholders must have bought the stock before 12 May 2026. Payment date: 20 May 2026. Payout ratio and cash payout ratio are on the higher end at 85% and 85% respectively. Trailing yield: 5.0%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (4.2%). Reported Earnings • Apr 08
Full year 2025 earnings released: EPS: €0.085 (vs €0.073 in FY 2024) Full year 2025 results: EPS: €0.085 (up from €0.073 in FY 2024). Revenue: €118.7m (flat on FY 2024). Net income: €22.5m (up 17% from FY 2024). Profit margin: 19% (up from 16% in FY 2024). Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Infrastructure industry in Europe. Declared Dividend • Apr 05
Dividend of €0.073 announced Dividend of €0.073 is the same as last year. Ex-date: 12th May 2026 Payment date: 20th May 2026 Dividend yield will be 5.3%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is covered by both earnings (83% earnings payout ratio) and cash flows (85% cash payout ratio). The dividend has decreased over the past 76 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 14% over the next 3 years, which should provide support to the dividend and adequate earnings cover. 공고 • Apr 03
AS Tallinna Sadam, Annual General Meeting, Apr 28, 2026 AS Tallinna Sadam, Annual General Meeting, Apr 28, 2026, at 14:00 FLE Standard Time. Location: the cruise terminal at old city harbour, logi street 4/2, tallinn, Estonia Reported Earnings • Feb 27
Full year 2025 earnings released: EPS: €0.09 (vs €0.073 in FY 2024) Full year 2025 results: EPS: €0.09 (up from €0.073 in FY 2024). Revenue: €121.0m (up 1.2% from FY 2024). Net income: €22.5m (up 17% from FY 2024). Profit margin: 19% (up from 16% in FY 2024). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Infrastructure industry in Europe. 공고 • Feb 11
The Multifunctional Quay Built in Paldiski South Harbour Receives A Use Permit The new multifunctional quay of AS Tallinna Sadam was completed last year. The total investment was 64 million euros, of which 20 million euros were co-financed by the European Commission through the military mobility project EstMilMob. The new quay of Paldiski South Port is unique in the region – it is 310 meters long, the depth in front of the quay is 13.5 meters and the quay includes a 10-hectare hinterland area. The issuance of the use permit enables to start using the quay immediately, and the first planned vessel calls will bring components of the onshore wind farm being built in Latvia. The new quay will also allow to receive other oversized and heavy project goods. The new quay with a hinterland area built in Paldiski South Harbour is, in addition to military purposes, also necessary to increase the capacity of sea transport of goods and vehicles. Due to the favorable location of Paldiski South Harbour, the new quay creates the prerequisites for Tallinna Sadam to become an important partner in the construction and subsequent maintenance of wind farms both at sea and on land. The new quay ensures the ability to receive special-purpose vessels with large drafts in the port. The large hinterland area allows for various preparation works for manufacturing and storing generators and wind turbine blades. 공고 • Dec 16
The European Union Approves Funding for AS Tallinna Sadam The European Union approved funding for AS Tallinna Sadam (hereinafter: Tallinna Sadam) project PoTOPS (Port of Tallinn Onshore Power Supply), which aims to create onshore power supply for cruise ships at two quays in the Old City Port by 2030. The project, which will last more than three years, will include the construction of a power grid connection to the Elering main grid, a 110/10kV substation and onshore power supply infrastructure with connection equipment for cruise ships. The capacity of the substation will cover the need to supply two cruise ships with onshore power at quays no 26 and 27, as well as the needs of future hybrid and fully electric Ro-Pax ships. The estimated total cost of the PoTOPS project is 39.7 million euros and the amount up to 30% will be covered by the Connecting Europe Facility (CEF) Alternative Fuels Infrastructure measure (AFIF). The Council of Tallinna Sadam approved the investment, the planning and the works will begin as soon as possible. 공고 • Dec 11
TS Shipping OU Appoints Margus Raad as Management Board Member Responsible for International Business Development and Sales, Effective January 15, 2026 TS Shipping OU, a subsidiary of AS Tallinna Sadam, reported that the Supervisory Board decided on November 26 to appoint Margus Raad as a new Member of the Management Board, with a term of office of three years starting from January 15, 2026. Margus Raad will be responsible for international business development and sales. Margus Raad graduated from the Estonian Maritime Academy in 2003 with a degree in nautical sciences and subsequently worked for several years as an officer on various vessels. In 2007, he joined Tschudi Ship Management AS, a company providing vessel technical and crew management services, working as a quality and safety coordinator. Later, he served as deputy CEO of the same company, and since the end of 2012 he has been the CEO of Tschudi Ship Management AS. 공고 • Apr 05
AS Tallinna Sadam, Annual General Meeting, Apr 24, 2025 AS Tallinna Sadam, Annual General Meeting, Apr 24, 2025, at 14:00 FLE Standard Time. Location: in the atrium of head office of tallinna sadam, Estonia 공고 • Mar 01
AS Tallinna Sadam Proposes Dividend AS Tallinna Sadam Board proposes the Council to pay a dividend to shareholders for 2024 the minimum of 70% of the annual profit in accordance with the dividend policy. 
