Baltic Horizon Fund (NHCBHFFT) EGM 2023 summary

Opening remarks and agenda

• Repeat EGM held in Tallinn on 21 Dec 2023 after the 6 Dec meeting failed to reach quorum; 6 investors represented 16,432,830 units/SDRs, or 13.74% of total votes.

• Agenda: appoint new supervisory board members, set their remuneration and remove current members.

Specific resolutions to be voted on

• Reimo Hammerberg elected from 1 Jan 2024 for an indefinite term; annual remuneration set at EUR 16,000.

• Monica Hammer elected from 1 Jan 2024 for an indefinite term; annual remuneration set at EUR 11,000.

• Per V. Jenster elected from 1 Jan 2024 for an indefinite term; annual remuneration set at EUR 11,000.

• Raivo Vare, Andris Kraujins and Per Moller recalled from the supervisory board, with 31 Dec 2023 as their final day in office.

Board and executive committee updates

• Three new supervisory board members take office on 1 Jan 2024; the three recalled members’ terms end on 31 Dec 2023.