Invalda AB
Code 121304349
Registered address Seimyniskiu str. 1A, LT-09312 Vilnius
Data collected and stored in the Register of Legal Entities Vilnius branch
The voting results of the Ordinary General Shareholders Meeting of Invalda AB
of April 30, 2013
1. At the end of the accounting day of this General Shareholders Meeting shares of Invalda AB provide in total 46 621 932 votes.
2. The Company has purchased 5 180 214 own shares. Those shares do not provide voting rights. The ownership rights to the acquired shares were transferred to the Company on April 23, 2013, i.e. after the accounting day of this General Shareholders Meeting. According to part 1 of Article 22 of the Law on Companies of the Republic of Lithuania only persons who are on the list of shareholders at the end of the accounting day may attend and vote in a general shareholders meeting, therefore quorum in this General Shareholders Meeting shall be counted from the amount of votes provided by all shares issued by the Company, i.e. from 46 621 932 votes.
3. The General Shareholders Meeting was provided with 16 (sixteen) valid General Voting Bulletins (32 504 705 votes) and 4 (four) Powers of Attorney; all of them meet law requirements.
4. The Company was provided with 2 (two) agreements about the voting rights.
5. Shareholders, holding 35 255 855 shares and 32 504 705 votes are represented in the General Shareholders Meeting.
According to part 1 of Article 27 of the Law on Companies of the Republic of Lithuania, this Ordinary General Shareholders Meeting is valid and has a right make decisions.
THE VOTING RESULTS:
1. Auditor‘s report.
There is no voting on this issue of the agenda.
2. Consolidated annual report for 2012.
There is no voting on this issue of the agenda.
3. CONSIDERED
Approval of the Company’s and consolidated financial statements for 2012.
VOTED: a total of 32 504 705 votes voted, i.e. 69,72 percent of the share capital.
„For“ voted 32 504 705 votes (out of them 32 504 705 votes voted in advance in writing);
„Against“ – 0 votes.
DECIDED:
To approve the Company’s and consolidated financial statements for 2012.
4. CONSIDERED:
Distribution of the Company’s profit (loss) of 2012.
VOTED: a total of 32 504 705 votes, i.e. 69,72 percent of the share capital.
„For“ voted 32 504 705 votes (out of them 32 504 705 votes voted in advance in writing);
„Against“ – 0 votes.
DECIDED:
To approve the distribution of Company’s profit (loss) of 2012:
1) Retained earnings (loss) at the end of the last financial year: 0 thousand litas (0 thousand euro);
2) Net profit (loss) for the financial year: 20,947 thousand litas (6,067 thousand euro);
3) Profit (loss) not recognized in the income statement of the reporting financial year: 6,098 thousand litas (1,766 thousand euro);
4) Transfers from reserves: 0 thousand litas (0 thousand euro);
5) Shareholders contributions to cover loss: 0 thousand litas (0 thousand euro);
6) Distributable profit (loss) in total: 27,045 thousand litas (7,833 thousand euro);
7) Profit transfers to the legal reserves: 0 thousand litas (0 thousand euro);
8) Profit transfers to the reserves for own shares acquisition: 0 thousand litas (0 thousand euro);
9) Profit transfers to other reserves: 0 thousand litas (0 thousand euro);
10) Profit to be paid as dividends: 0 thousand litas (0 thousand euro);
11) Profit to be paid as annual payments (bonus) to Management Board members, employees and for other purposes: 0 thousand litas (0 thousand euro);
12) Retained earnings (loss) at the end of the financial year carried forward to the next financial year: 27,045 thousand litas (7,833 thousand euro).