On 25th of March 2021, the Supervisory Council of AS Tallinna Vesi resolved to recall Karl Heino Brookes from the position of the member of the Management Board with the effective date as from 31 March 2021. Recalling of Mr. Brookes from the Management Board is related to the sale of shares held by United Utilities (Tallinn) B.V. in the company to the City of Tallinn and OÜ Utilitas. The Management Board will continue with two members Kristi Ojakäär and Aleksandr Timofejev. The resolution to elect an additional member of the Management Board will be made by the new composition of AS Tallinna Vesi’s Supervisory Council after the completion of the sale of the shareholding of United Utilities (Tallinn) B.V. The parties to the share sale agreement intend to complete the transaction on 31/03/2021.