Prolongation of authorities of members of the Management Boards of subsidiaries of Tallinna Kaubamaja Grupp AS

The Supervisory Boards of the subsidiaries of Tallinna Kaubamaja Grupp AS, namely Selver AS and Tartu Kaubamaja Kinnisvara OÜ, have resolved to prolong the authorities of members of the Management Board. As per resolution of the Supervisory Board of AS Selver, Kristi Lomp shall continue as member of the Management Board and her term of authorities was prolonged for another 3-year term as of 4 December 2016. As per resolution of the Supervisory Board of Tartu Kaubamaja Kinnisvara OÜ, Peeter Kütt shall continue as member of the Management Board and his term of authorities was prolonged for another 3-year term as of 8 December 2016.

Selver AS operates super and hypermarket chain that mostly trades with food and convenience goods. Tartu Kaubamaja Kinnisvara OÜ is responsible for managing and leasing the premises of Tartu Department Store Shopping Centre in the heart of Tartu.