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's activity report 2022

The main activity of AS Mõigu Ehituskoondis is the development, management, leasing and management of real estate objects.

AS Mõigu Ehituskoondis had a sales revenue of 3.1 (2021: 3.0) million euros and a profit of 1.4 (2021: 1.2) million euros in 2022.

euros.

In the reporting year, AS Mõigu Ehituskoondis was engaged in the leasing and management of existing real estate objects. The occupancy rate of the company's rental spaces was 99%. In the reporting year, AS Mõigu Ehituskoondis

completed the construction of the Kanali tee 12 stock-office. The mentioned object was completed in April 2022. In addition, we started in August 2022

the construction of an 8,000 m2 production and office building at Kaabli tn 9 and continued the preparatory and design work for the construction of a 9,000 m2 production building at Peterburi tee 53b.

AS Mõigu Ehituskoondis invested a total of 5.7 million euros in tangible fixed assets in 2022.

The main activity of the subsidiary AS Metallisti Majad is the management and development of real estate objects. AS Metallisti

Majad had a sales revenue of 2.3 (2021: 1.9) million euros and a profit of 17.0 (2021: loss 104.3) thousand euros in 2022.

AS Metallisti Majad invested 7.5 thousand euros in tangible fixed assets in 2022.

From 01.01.2022 to 31.12.2022, AS Mõigu Ehituskoondis had a two-member board consisting of: Toomas Arumäe - Chairman of the Board; Härmo Lehtsalu - Member of the Board. From 01.01.2022 to 08.06.2022, AS Mõigu Ehituskoondis had a three-member council consisting of:

Aleksander Pajuri - Chairman of the Council; Arvo Hütsi - Member of the Council; Marko Aavik - Member of the Council. From 09.06.2022 to 31.12.2022, AS Mõigu Ehituskoondis had a three-member council consisting of: Aleksander Pajuri - Chairman of the Council; Peeter Tamm - Member of the Council; Marko Aavik - Member of the Council.

The board members of AS Mõigu Ehituskoondis were paid a total of 10.8 thousand euros in board member fees in 2022.

euros. The council members were paid a total of 1.8 thousand euros in council member fees in 2022. AS Mõigu

Ehituskoondis had an average of 6 employees in 2022 and their total salaries and additional payments amounted to 212 thousand euros (including the fees paid to the members of the council and the board).

The main goal of AS Mõigu Ehituskoondis for 2023 is to develop and improve the quality and availability of the services offered and to maintain its market share.