EfTEN

EfTEN Real Estate Fund III AS is an alternative investment fund founded in 2015, which is listed in Nasdaq Baltic Main List from December 01, 2017. The fund's assets are managed by EfTEN Capital AS, an asset management company, regulated by the Estonian Financial Supervision Authority. The company is also managing EfTEN Kinnisvarafond AS, EfTEN Kinnisvarafond II AS and Usaldusfond EfTEN Real Estate Fund 4. EfTEN Capital group of companies (EfTEN Capital AS with its subsidiaries) manages 49 commercial real estate buildings where over 1,200 tenants are operating. Total market value of the real estate assets under management is about 750 million euros. Acquisition of the Rutkausko office building is not considered to be the purchase of significant share for the purposes of the "Requirements for Issuers" section of the Rules of NASDAQ OMX Tallinn Stock Exchange. Members of the council and the management board of EfTEN Real Estate Fund III AS also have no other personal interest in the transaction.