Published: 2019-04-12 13:38:23 CEST
VEF
Notice to general meeting

DRAFT DECISIONS of Annual General Meeting of Shareholders of JSC VEF to be held on 26 April 2019

                                          DRAFT DECISIONS of

                 Annual General Meeting of Shareholders of Joint Stock Company “VEF”

                                         to be held on 26 April 2019  

1. Reports of the Management Board, the Supervisory Council and statement of the Sworn auditor.

To take notice of the report of the Management Board, the report of the Supervisory Council of joint stock company “VEF” and the statement of the sworn auditor.  

2. Approval of Annual report for the year 2018.  

To approve the Annual Report of joint stock company “VEF” for the year 2018 prepared by the Management Board of joint stock company “VEF” and revised by the Supervisory Council of joint stock company “VEF”.  

3. Distribution of profit for the year 2018.  

The net profit of the year 2018 of joint stock company “VEF” in the amount of 236.683 EUR use to cover losses of previous years.  

4. Election of auditor and determination of the remuneration for auditor.  

1) To elect SIA „Baltic Audit” (commercial company licence No.176) as auditor of the Annual Report of joint stock company “VEF” for the year 2019.

2) To determine the remuneration for the auditor for audit of the Annual Report for the year 2019 in the amount of  4 300 EUR, excluding VAT.

3) To assign the Management Board of Joint Stock Company “VEF” to sign the contract with the auditor for audit of the Annual Report of joint stock company “VEF” for the year 2019.  

5. Election of the Supervisory Council and determination of the remuneration for the Supervisory Council.

  To elect in the positions of the members of the Supervisory Council of joint stock company „VEF” for three years, determining the beginning of the duties of the Supervisory Council as of the April 26, 2019:

1) ___________________;

2) ___________________;

3) ___________________;

4) ___________________;

5) ___________________.  

To determine the renumeration for the Supervisory Council __________________.  

6. On assigning to the Supervisory Council the execution of the tasks of the Audit Committee.

  To assign the Supervisory Council of Joint Stock Company “VEF” to continue to execute the tasks of Audit committee defined in Law on Financial Instrument Markets.  

Riga, April 12, 2019    

The Management Board of JSC „VEF”