1. The Reports of the Management Board, the Supervisory Board and the statement of the sworn auditor. To take notice of the report of the Management Board, the report of the Supervisory Board and the statement of the sworn auditor of joint stock company “VEF”. 2. Approval of Annual report for the year 2007. To approve the Annual Report of JSC “VEF” for the year 2007 prepared by the Management Board and revised by the Supervisory Board. 3. Distribution of profit for the year 2007. The net profit of the year of account of joint stock company “VEF” transfer into uncovered losses of previous years. 4. Election of the auditor for the audit of Annual Report for the year 2008 and determination of the remuneration for the auditor. 1) To elect sworn auditor Māra Līgute (licence No. 55) as auditor of the Annual Report of JSC “VEF” for the year 2008. 2) To determine the remuneration for the auditor for audit of the Annual Report of JSC “VEF” for the year 2008 in the amount of 1062 LVL, including taxes provided by the legislative acts. 3) To assign the Management Board of JSC “VEF” to sign the contract with the elected auditor for audit of the Annual Report of JSC “VEF” for the year 2008. 5. Increase of the share capital. 1) To increase the share capital of JSC „VEF” by 2'000'000 LVL (two million lats) up to 3'829'908 LVL (three million eight hundred twenty nine thousand nine hundred eight lats). 2) To approve rules of increase of the share capital of JSC „VEF” (attached on 4 pages). 6. Amendments to the articles of association. To define the Clause 3.1. of the articles of association of JSC “VEF” in the following wording: “The share capital of the company is 3'829'908 LVL (three million eight hundred twenty nine thousand nine hundred eight lats). The share capital of the company consists of 623'528 (six hundred twenty three thousand five hundred twenty eight) bearer shares and 3'206'380 (three million two hundred six thousand three hundred eighty) registered shares (hereafter - share). Nominal value of each share is 1 LVL (one lat). Riga, April 3, 2008 On behalf of the Management Board of JSC „VEF”, G.Feņuks Chairman of the Management Board T.Kampāne Member of the Management Board
DRAFT DECISIONS of Annual General Meeting of Shareholders of Joint Stock Company “VEF” to be held on 18 April 2008
| Source: VEF