Aare Tark (Chairman of the Supervisory Board)

Aare Tark has served as chairman of the supervisory board since October 2015. Tark is a lead partner for the law offices of TARK, member of the supervisory board in AS Saku Metall and member of the board of the Estonian Family Business Association. In addition, Tark has been a member of the supervisory board at the telecommunication firm AS Eesti Telekom (currently known as Telia Eesti AS). Tark has a master’s degree in law from the University of Tartu.

Ahti Kuningas (Member of the Supervisory Board)

Ahti Kuningas has served as member of the supervisory board since September 2017. Kuningas is the deputy secretary general of the Ministry of Economic Affairs and Communications. In addition, Kuningas is a member of the supervisory board of AS Tallinna Sadam subsidiary OÜ TS Shipping, of the associate AS Green Marine and of the company AS Operail. Kuningas has been a member of the supervisory boards of Enterprise Estonia, AS EVR Cargo and AS Estonian Air. Ahti Kuningas has an MBA from the University of Tartu.

Maarika Liivamägi (Member of the Supervisory Board)

Maarika Liivamägi has been a member of the supervisory board since April 2018. The main activities of Liivamägi include acting as the manager of the Estonian Hotel and Restaurant Association, as a management board member of New Seven OÜ. She is a founder member of Estonian Chamber of Mentors and is coaching senior managers. She has also been involved in the management of ERGO Insurance SE and has been engaged as a supervisory board member of Kindlustusseltside Liit and Ergo Funds AS. Liivamägi has a master’s degree in business administration from Tallinn University of Technology.

Raigo Uukkivi (Member of the Supervisory Board)

Raigo Uukkivi has served as member of the supervisory board since September 2017. Uukkivi is the deputy secretary general of the Ministry of Finance and also a supervisory board member of AS Eesti Raudtee. During the last five years, Uukkivi has been a member of the supervisory council of the BEREC (the European telecommunications regulator) and the European Union Agency for Railways and European Railway Agency. Uukkivi has a master’s degree in public administration from the University of Tartu and is currently pursuing a doctorate in the field of transport and logistics at the Tallinn University of Technology.

Urmas Kaarlep (Member of the Supervisory Board)

Urmas Kaarlep has served as member of the supervisory board since October 2015. Kaarlep is a supervisory board member at Prike AS, Wallester AS and Nasdaq CSD SE and has an ownership in OÜ Valdo-R. Previously, Kaarlep has been a partner at PricewaterhouseCoopers Eastern Europe professional services company. In addition, Kaarlep has a master’s degree in international business administration from Estonian Business School (EBS) and a degree in mechanical engineering management from the Tallinn University of Technology.

Üllar Jaaksoo (Member of the Supervisory Board)

Üllar Jaaksoo has served as member of the supervisory board since October 2015. Jaaksoo is board member in the company Digital Nation Capital OÜ. Previously, Jaaksoo was a management board member in many Estonian companies such as NOW! Innovations, AS Eesti Hoiupank, AS Ajakirjade Kirjastus, AS Tele2 Eesti and AS Sportland. Jaaksoo has a master’s degree in economics from the University of Tartu and has also studied at London Business School.

• Supervisory Board annual report for 2017 (EST)
• Supervisory Board annual reports for 2018 and further periods available in the AGM materials
• Supervisory Board Rules of Procedure 14.05.2019

The Audit Committee is an advisory body formed by and in the jurisdiction of the AS Tallinna Sadam supervisory board.

The committee was formed to take part as a body providing consultation to the supervisory board issues related to performance of supervision, including with regard to accounting policies, including conducting of external audits, and functioning of the internal audit system, management of financial risks and monitoring legality of activity, and drafting of the budget and approval of the annual report.
The Audit Committee consists of three Port of Tallinn supervisory board members who are elected by the supervisory board for three years.

• Urmas Kaarlep (chairman)
• Maarika Liivamägi
• Raigo Uukkivi

The Nomination Committee of AS Tallinna Sadam was formed by the resolution of the Annual General Meeting of Shareholders of 14.05.2019 and it is responsible for assessing the suitability of the Supervisory Board members and for proposing to the General Meeting the election and removal of the Supervisory Board members, the composition of the Supervisory Board, the duration of their mandate and the remuneration of the Supervisory Board members.

The members of the Nomination Committee are:

• Veiko Tali, Secretary General of the Ministry of Finance (chairman)
• Ando Leppiman, Secretary General of the Ministry of Economic Affairs and Communications
• Erkki Raasuke, Chairman of the Nomination Committee established by the Estonian Government
• Sven Kunsing, Management Board Member of SEB Varahalduse AS
• Elena Kiseleva, Principal Banker of Transport Team of EBRD