Decisions of general meeting
Decisions adopted at the annual shareholders meeting of JSC SAF Tehnika on 4 December, 2020
Riga, 2020-12-04 15:44 CET --
The following decisions were adopted at the annual shareholders meeting of JSC "SAF Tehnika":
Approve the reports of the Board of Directors and the Supervisory Council for financial year 2019/2020.
Approve the consolidated and separate financial statements of “SAF Tehnika” JSC for financial year 2019/2020 and release the Group`s Board of Directors from responsibility for financial year 2019/2020.
(1) To pay in dividends the profit accrued until 31 December 2017 as 0.21 EUR (twenty- one cent) per one SAF Tehnika JSC share or total amount of 623 737,80 EUR (six hundred twenty-three thousand seven hundred thirty-seven euros and 80 cents);
The date of record is 18 December, 2020.
The date of payment is 21 December, 2020.
Ex-date is 17 December, 2020.
(2) Keep the remaining amount of retained earnings 2 266 812 EUR (two million two hundred sixty-six thousand eight hundred twelve euros) as the retained earnings of SAF Tehnika JSC.
Appoint “Potapoviča un Andersone” Ltd. as the auditor of the “SAF Tehnika” JSC for the financial year 2020/2021 and determine the maximum remuneration for the auditor of the Annual Reports for the financial year 2020/2021 in the amount of EUR 11’000 (eleven thousand euro ), excluding taxes set in the legislation. Authorize the Board of the Group to sign the contract with the elected auditor.
Approve the remuneration policy of the Board of Directors and Supervisory Council. See attached.
CFO, Member of the Board
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