Published: 2019-04-26 10:34:37 CEST
MADARA Cosmetics
Notice to convene annual general meeting

Notification on convocation of AS “MADARA Cosmetics” Annual General Meeting of shareholders

Inside information, 2019-04-26 10:34 CEST --  

The Management Board of AS “MADARA Cosmetics”, registration number: 40003844254, legal address: 131 Zeltiņu Street, Mārupe district, Mārupe, LV‑2167, Latvia, hereby convenes the Annual General Meeting of shareholders of AS “MADARA Cosmetics”. The Annual General Meeting will take place on 28 May 2019 at 13.00 at 131 Zeltiņu Street, Mārupe district, Mārupe, LV‑2167, Latvia, at the premises of AS “MADARA Cosmetics” (however, taking into account the vast number of shareholders of AS “MADARA Cosmetics”, the Management Board of the company retains the possibility to change the venue address to a different address in Riga in case by 13 May 2019 at 17.00 a vast number of shareholders have confirmed their participation at the meeting in accordance with the provisions set out below in this notification. In such a case, by 14 May 2019 the notifications on the specified venue address will be published accordingly, as well as the specified information will be available on the website of AS “MADARA Cosmetics” (www.madaracosmetics.com/en) and on the website of AS “Nasdaq Riga” (www.nasdaqbaltic.com).
 
The agenda of the meeting includes the following items:
 
1.    Approval of the annual report for the financial year 2018.
2.    Decision on the use of profit of the Company.
3.    Election of the Auditor for the audit of the annual reports for years 2019, 2020 and 2021 and decision on remuneration of the Auditor.
4.    Election and decision on remuneration of the Members of the Supervisory Board.
 
The registration of shareholders will take place on the day of the meeting, 28 May 2019, from 12.00 to 13.00 at the meeting venue.
 
In order to speed-up the registration process, shareholders are kindly requested to confirm their participation at the meeting, by sending a prior electronic notification to this e-mail address: ir@madaracosmetics.com, until 13 May 2019, at 17.00.
 
The record date for shareholders’ participation at the Annual General Meeting of shareholders of AS “MADARA Cosmetics” will be 20 May 2019. Only the persons who are shareholders on the record date are authorized to take part in the Annual General Meeting of shareholders of AS “MADARA Cosmetics” on 28 May 2019 with the number of shares they own on the record date.
 
The shareholders can attend the meeting either in person or through their legal representatives or authorized persons. Upon registration, the shareholders must present a passport or other identification document. In case the shareholder participates through a representative, the representative or authorized person must also present a written power of attorney issued by the respective shareholder (the form of the power of attorney is available on the website of AS “MADARA Cosmetics” at www.madaracosmetics.com/en and on the website of AS “Nasdaq Riga” at www.nasdaqbaltic.com), while legal representatives must present a document certifying their authorization.
 
The shareholders and their representatives, representing at least 5% of the total shares with voting rights, have the right to request the Management Board to include additional points on the agenda of the meeting until 3 May 2019 at the legal address at 131 Zeltiņu Street, Mārupe district, Mārupe, LV‑2167, Latvia, on each business day from 09.00 to 17.00.
 
Shareholders can review the draft resolutions for items on the agenda free of charge from 14 May 2019 to 27 May 2019, on business days from 09.00 to 17.00 at 131 Zeltiņu Street, Mārupe district, Mārupe, LV‑2167, Latvia, in the premises of AS “MADARA Cosmetics”, and on the day of the shareholders’ meeting – at the place of registration.
 
Information on the shareholders’ meeting is also available on the website of AS “MADARA Cosmetics” at www.madaracosmetics.com/en and on the website of AS “Nasdaq Riga” at www.nasdaqbaltic.com.
 
The total amount of shares and total amount of the shares with voting rights of AS “MADARA Cosmetics” is 3 745 242.
 
The Management Board of AS “MADARA Cosmetics”

The shares of Madara Cosmetics are admitted to trading on Nasdaq Baltic First North Market.

The Certified Adviser for AS Madara Cosmetics is AS LHV Pank.

MADARA Cosmetics, founded in 2006, is the local pioneer in the field of natural cosmetics. In 2016 and 2017 the company and its managers were ranked among the top-10 Most Admired Business Leaders in Latvia. MADARA develops and manufactures all products exclusively at its own laboratories and facilities to ensure 100% control over processes. Further evidence of its passion for quality and perfection in every detail are the company’s ECOCERT organic certification, GMP (ISO 22716:2007) standard, and in vitro and in vivo research. For more information, visit madaracosmetics.lv/investors/.

         Contact information:
         Address: 131 Zeltiņu Street, Mārupe district, Mārupe, LV 2167, Latvia
         Contact person: Uldis Iltners, member of the Management Board
         E-mail: uldis@madaracosmetics.com
         Phone: +371 67 470 243
         
         Certified advisor:
         AS “LHV Pank”
         Contact person: Ivars Bergmanis
         E-mail: ivars.bergmanis@lhv.ee
         Phone: +372 680 2720


Form of Power of Attorney_MADARA Cosmetics_ENG.docx