Pro Kapital Grupp
Changes board/management/auditors

Changes in Management Boards of AS Pro Kapital Grupp group subsidiaries and Council of Latvian subsidiary

AS Pro Kapital Grupp informs its shareholders about the changes in the Company’s subsidiaries to be implemented from 01 September 2019. “We have decided to implement the changes to the managerial positions to involve the Management Team members of the mother company in the activities of the subsidiaries more than we have so far,” said Paolo Michelozzi, CEO of AS Pro Kapital Grupp.

From 01.09.2019 the following Management Boards of the Group subsidiaries and the Council of one Latvian group company shall continue in the following compositions:

Pro Kapital Estonian group companies:

AS Pro Kapital Eesti – Management Board: Allan Remmelkoor, new member: Edoardo Axel Preatoni

1. AS Pro Kapital Eesti – Management Board: Allan Remmelkoor, new member: Edoardo Axel Preatoni
2. AS Tondi Kvartal – Management Board: Paolo Vittorio Michelozzi, new member: Edoardo Axel Preatoni
3. OÜ Marsi Elu – Management Board: Paolo Vittorio Michelozzi, new member: Edoardo Axel Preatoni
4. OÜ Kalaranna Kvartal - Management Board: Paolo Vittorio Michelozzi, new member: Edoardo Axel Preatoni
5. OÜ Dunte Arendus - Management Board: Paolo Vittorio Michelozzi, new member: Edoardo Axel Preatoni
6. OÜ Ilmarise Kvartal – Management Board: Paolo Vittorio Michelozzi, Allan Remmelkoor
7. OÜ Pro Kapital Germany Holdings – Management Board: Paolo Vittorio Michelozzi, new member: Angelika Annus

Pro Kapital Latvian group company:

1. AS Pro Kapital Latvia:
   1. Council – Emanuele Bozzone, Ernesto Achille Preatoni, new member: Allan Remmelkoor
   2. Management Board - Paolo Vittorio Michelozzi, new member: Olga Rudzika

Pro Kapital Lithuania group companies:

1. Pro Kapital Vilnius Real Estate UAB – Management Board: Paolo Vittorio Michelozzi, Neringa Rasimavičienė
2. PK Invest UAB – Management Board: Paolo Vittorio Michelozzi, Neringa Rasimavičienė

A summary of the professional experience of Edoardo Axel Preatoni, Allan Remmelkoor, Angelika Annus and Olga Rudzika can be found enclosed to this announcement. Edoardo Axel Preatoni owns 1 250 212 shares of the issuer, while Allan Remmelkoor, Angelika Annus and Mrs Rudzika do not hold any shares of the issuer.

Allan Remmelkoor
Member of the Management Board
Phone: +372 614 4920
Email: prokapital@prokapital.ee

Attachments

• CV Edoardo Preatoni
• CV Allan Remmelkoor
• CV Angelika Annus
• CV Olga Rudzika