1. Reports of the Management Board, Supervisory Council and the Sworn Auditor’s Opinion, approval of the annual report for 2022
1.1. To take notice of the Reports of Management Board, Supervisory Council and statement of Sworn auditor for the year 2022 of joint stock company VALMIERAS STIKLA ŠĶIEDRA.
1.2. To approve the separate and consolidated audited annual report of joint stock company VALMIERAS STIKLA ŠĶIEDRA for the year 2022 prepared by the Management Board of joint stock company VALMIERAS STIKLA ŠĶIEDRA and revised by the Supervisory Council of joint stock company VALMIERAS STIKLA ŠĶIEDRA.
2. Distribution of profit
2.1. The profit of the joint stock company VALMIERAS STIKLA ŠĶIEDRA in the amount of EUR 6 154 249.66 for 2022 shall be left undistributed.
3. Election of the Auditor and determination remuneration for the Auditor
3.1. To elect audit company PricewaterhouseCoopers SIA (commercial company license No. 5) as Sworn auditor of the Annual Report of joint stock company VALMIERAS STIKLA ŠĶIEDRA for the year 2023.
3.2. To determine that the remuneration of the Sworn auditor for the audit of Annual report joint stock company VALMIERAS STIKLA ŠĶIEDRA for the year 2023 will not exceed 50 000 EUR, excluding VAT.
4. Conversion of shares and amendments to the By - laws
4.1. To convert 24 172 612 (twenty-four million one hundred seventy-two thousand six hundred twelve) bearer dematerialized shares of joint stock company VALMIERAS STIKLA ŠĶIEDRA to 24 172 612 (twenty-four million one hundred seventy-two thousand six hundred twelve) dematerialized shares.
4.2. To express the Paragraph 4 of the By – laws in the following wording:
“4. Fixed capital and types of shares
The fixed share capital of the Company is EUR 2 417 261.20 (two million four hundred seventeen thousand two hundred sixty-one euro and 20 cents).
The fixed capital of the JSC shall consist of 24 172 612 (twenty-four million one hundred seventy-two thousand six hundred twelve) dematerialized shares.
The nominal value of a single share shall be EUR 0.10 (ten cents).
All the shares of the same category confer identical rights to receive dividends and liquidation quotas and to have voting rights at the general shareholder meeting.”
5. On the selection of the central securities depository where the shares will be registered
5.1. To determine that dematerialized shares of the joint stock company VALMIERAS STIKLA ŠĶIEDRA are registered in the central securities depository Nasdaq CSD SE, registration number: 40003242879, legal address: Valņu iela 1, Riga, Latvia, LV-1050.
Valmiera, June 13, 2023
Joint stock company VALMIERAS STIKLA ŠĶIEDRA
Chairman of the Management Board S. Jugel
Member of the Management Board Ģ. Vēveris
In the annex:
// Separate and consolidated audited annual report for the year 2022;
// Supervisory board report to the general meeting of shareholders;
// Draft amendments to the By-laws;
// Consolidated version of the By-laws.