Spis treści:
1. REPORT
2. INFORMATION ABOUT THE ENTITY
3. SIGNATURE OF PERSONS REPRESENTING THE COMPANY

POLISH FINANCIAL SUPERVISION AUTHORITY

UNI - EN REPORT No 220 / 2025
Date of issue: 2025-03-13
Short name of the issuer
NOVATURAS AB
Subject
Notification of an Agreement by a Person in a Managerial Position
Official market - legal basis
art. 17. 1 MAR.
Unofficial market - legal basis
Contents of the report:
AB Novaturas (hereinafter – the Company) announces that on March 7, 2025, a binding agreement intended for the conclusion of the main contract, regarding the sale of shares was signed by a member of the Company’s Management Board, Ugnius Radvila. Under this agreement, Mr. Radvila intends to sell 740,702 of his shares in the Company to Turkish tourism industry businessman and investor Neset Kockar. The value remains undisclosed at this stage, as the main contract has not yet been finalized.

As previously announced by the Company, on March 7, four current shareholders of Novaturas – Ugnius Radvila, Rytis Šumakaris, Vidas Paliūnas, and UAB Willgrow – signed a binding agreement, aimed at concluding the main contract, to sell their shares.

The acquisition of shares will be carried out in two phases. The first stage is expected to be finalized within a few weeks, while the second will take place following the completion of due diligence, which is usual for this type of transaction, and other required procedures. Upon completion, the new investor would hold up to 33.2% of Novaturas Group shares.

According to the agreement, the sale of U. Radvila’s shares to investor N. Kockar will be executed upon the completion of the first stage of the acquisition.

The Company will provide updates on the execution of the agreement by the managerial person and the completion of the abovementioned stages through separate announcements on the stock.

About the company
Novaturas Group is the only local charter tour operator in the Baltic States with more than 25 years of experience. The company offers summer and winter recreational, sightseeing, exotic, skiing, workation and group trips to many destinations worldwide. According to unaudited data, in 2024, Novaturas Group recorded revenues of EUR 201 mln. and served 239 thsnd. passengers in Lithuania, Latvia and Estonia.
Annexes
File Description

NOVATURAS AB
(fullname of the issuer)
NOVATURAS AB Usługi inne (uin)
(short name of the issuer) (sector according to clasification
of the WSE in Warsow)
LT-44245 Kowno
(post code) (city)
A.Mickeviciaus 27
(street) (number)
+370 37 321 264 +370 37 321 130
(phone number) (fax)
(e-mail) (web site)
(NIP) (REGON)

SIGNATURE OF PERSONS REPRESENTING THE COMPANY
Date Name Position / Function Signature
Darius Undzenas CFO