The Supervisory Board of AS Tallink Grupp has extended the term of office of the company’s Chief Executive Officer Paavo Nõgene by a further three years and has extended the term of office of Management Board Member Lembit Kitter until the end of 2021. At the same time, the Supervisory Board appointed Margus Schults, the CEO of Tallink Grupp’s Finnish subsidiary Tallink Silja Oy, as the new and additional member to the Company’s Management Board. The term of office of Margus Schults as a Member of the Management Board of AS Tallink Grupp starts on 29 April 2021. In addition to his responsibilities as a Management Board member, Mr. Schults also maintains his responsibilities as the CEO of Tallink Silja Oy. Margus Schults joined Tallink Grupp in 2008 as a senior advisor and, since 2009, he has held the position of Chief Executive Officer of the group’s Finnish subsidiary Tallink Silja Oy. He is also a member of the Supervisory Board of Sally AB and is the Managing Director of Tallink Silja gmbh.