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PÄRNU SADAM AS

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PÄRNU SADAM AS hetkeolukord

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's activity report 2022

AS Pärnu Sadam provides port and stevedoring services at the Pärnu river port for AS Pärnu Sadam and AS Pärnu

Shipyard at the quays and stevedoring services for OÜ Pärnu Stevedores at the quays and warehouse services for AS

Pärnu Sadam and OÜ Pärnu Stevedores at the quays and properties. In addition, tug services are provided.

In 2022, Pärnu Sadam was visited by 406 ships and the cargo turnover was 1.7 million tons, in 2021 Pärnu Sadam was visited

by 457 ships and the cargo turnover was 1.8 million tons. The vast majority of cargo flow consisted of roundwood and wood products, exportable peat and peat products, and imported crushed stone.

The shareholders of AS Pärnu Sadam are equally PSA OÜ and AS Transcom. In 2014, AS

Pärnu Sadam acquired 75% of the shares of OÜ Pärnu Stevedores and in 2020 a majority stake in AS Pärnu Shipyard, which in turn owns 25% of the shares of OÜ Pärnu Stevedores. Thus, OÜ Pärnu Stevedores and AS Pärnu Shipyard belong to the AS Pärnu Sadam group

and 100% of OÜ Pärnu Stevedores belongs to OÜ Suurna

Port.

Among the factors affecting the company's operations, the weather risk must be highlighted separately, which manifests itself in two ways: 1) Through customers. The main commodity is exportable raw material, the availability of which depends on the weather; 2) Through port operations. In case of a cold winter, navigation is difficult due to intensive ice formation at sea. Icebreaking is carried out by the Estonian state in the Pärnu and Gulf of Riga.

Market risk is mainly manifested by the port's customers and their ability to export goods. Significant changes in the demand for wood and wood products and peat in Europe can significantly affect the volume of services.

The handling of material for Rail Baltic can have a positive effect.

The company pays great attention to environmental impacts caused by economic activities, which are regularly monitored. Air, water and noise monitoring are carried out. Halogen lamps have been completely replaced with modern LED lamps. When buying new machines, one of the criteria is their environmental friendliness.

In 2022, two properties were purchased in the vicinity of the current properties and two gantry cranes and one front loader. A total of 3.7 million euros was invested in fixed assets (in the previous 2021, 1.3 million euros was invested). In 2023, investments will continue - plans are to buy one more gantry crane and replace one front loader.

No research and development expenditures were made in 2022 and 2021.

AS Pärnu Sadam has supported the Pärnu basketball club for the last 9 seasons and 2022 was very successful, when the Pärnu Sadam team won the Estonian championship title - never before in the 98-year history of the competition has the winner come from outside Tartu or Tallinn.

Operating and senior management were paid 532,311 (2021: 287,676) euros in 2022. The average number of employees in 2022 was 50 employees and the labor cost was 2.3 (2021: 52 employees and 1.8) million

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