The annual general meeting of the shareholders of Saku Õlletehase AS will take place on 30.04.2008 from 10:00 to 12:00 in the administration building of Saku Õlletehase AS in Saku. Materials related to the agenda of the general meeting will be available at the website of Saku Õlletehase AS: www.saku.ee > Investor Pages. AGENDA OF THE ANNUAL GENERAL MEETING OF THE SHAREHOLDERS: Approval of the annual report. Distribution of profit. Electing and recalling the members of the Supervisory Board. Remuneration of members of the Supervisory Board (amount of remuneration and procedure of payment). Appointment of auditors until the next annual general meeting of shareholders (number of auditors, their appointment and procedure of remuneration). MOTIONS TO BE PRESENTED TO THE GENERAL MEETING OF THE SHAREHOLDERS 1. Approval of the annual report The Supervisory Board proposes that the shareholders approve the annual report of 2007. 2. Allocation of profits 2.1. The Supervisory Board proposes that shareholders approve the following profit allocation proposal: declare a net dividend (the share of profit payable to shareholders) of 80,000,000 EEK (5,113,000 EUR), i.e.10 EEK (0,64 EUR) per share. The Supervisory Board proposes that the shareholders approve the following dividend distribution procedure: in accordance with the rules of Tallinn Stock Exchange, shareholders who will be entitled to a dividend for 2007 will be determined on the basis of the list of shareholders at Tallinn Stock Exchange at 23.59 pm on the 20th stock exchange day from the general meeting, i.e. on 28.05.2008. Dividends will be paid out on 02.06.2008. 3. Electing and recalling the members of the Supervisory Board. 3.1. The member of the Supervisory Board Cardo Remmel and Piotr Sanetra have been elected to the position of the member of the Supervisory Board for three years on the general meeting of the shareholders held in 2005 and their powers to act as the members of the Supervisory Board will be terminated. 3.2. The Supervisory Board proposes that the shareholders elect Andrew Tokley, Nicholas Johnston and Cardo Remmel to the position of the Member of the Supervisory Board until the general meeting of the shareholder held in 2011. 3.3. The short description of Andrew Tokley´s previous 3 years´ professional experience: 2007 - BBH Baltic UAB - Vice President of Finance & IT; 2002-2007 - AS Coca-Cola HBC Eesti - CFO of the Baltic region. Andrew Tokley is the member of the Supervisory Board of UAB Svyturys-Utenos Alus. Andrew Tokley does not own the shares of Saku Õlletehase AS. 3.4. The short description of Nicholas Johnston´s previous 3 years´ professional experience: 2007 - BBH Baltic UAB - Vice President of Commercial; 2003-2007 - SABMiller Europe AG - Marketing Director, Strategic Planning Director and Management Board member of two business units. Nicholas Johnston is the member of the Supervisory Board of UAB Svyturys-Utenos Alus. Nicholas Johnston does not own the shares of Saku Õlletehase AS. 3.5. The short description of Cardo Remmel´s previous 3 years´ professional experience: 2007 - Pere AS - Member of the Management Board; 2006-2008 - Member of Pärnu Town Council; 2005-2006 - Vice mayor of Pärnu Town. Cardo Remmel is the member of the Management Board of OÜ Creme, Primo Condire OÜ, OÜ Ashley and the member of the Supervisory Board of SA Pärnu Haigla, OÜ Paikre, SA Tallinn 2011. Cardo Remmel does not own the shares of Saku Õlletehase AS. 4. Remuneration of members of the Supervisory Board (amount and procedure of payment) The Supervisory Board proposes that the members of the Supervisory Board will be remunerated for the performance of their duties in the 2008 financial year similarly to the financial year of 2007, i.e. with up to 100,000 EEK (one hundred thousand) in aggregate. The terms and conditions of remuneration will be determined at the Supervisory Board meeting. 5. Appointment of auditors until the next general meeting of shareholders (number of auditors, their nomination and procedure of remuneration) The Supervisory Board proposes the appointment of one (1) auditor for one (1) year (until the next general meeting of shareholders) and that the auditing company KPMG Baltics AS will be appointed to carry out the auditing and that Andris Jegers will be appointed for the position of lead auditor. 5.2. The Supervisory Board proposes that the auditors will be remunerated for the performance of the audit of 2008 in accordance with the auditing agreement concluded with KPMG Baltics AS. Priit Põiklik Saku Õlletehase AS Tel: 6508303 priit.poiklik@pruul.ee
Notice of the Annual General Meeting of the Shareholders of Saku Õlletehase AS
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