DECISION DRAFTS of the annual general Meeting of Shareholders
of joint stock company “Latvijas balzams” dated 29 April 2009
1. Reports of the Management Board and the Supervisory Board and statement of
the sworn auditor.
To get acquainted with reports of the Management Board and the Supervisory
Board of joint stock company “Latvijas balzams” and statement of the sworn
auditor.
2. Approval of Annual reports for the year 2008.
To approve reports drawn up by the Management Board and considered by the
Supervisory Board of JSC “Latvijas balzams”:
1) JSC “Latvijas balzams” Annual report for the year 2008, drawn up in
accordance with the requirements of the Laws of the Republic of Latvia;
2) JSC “Latvijas balzams” Annual report for the year 2008, drawn up in
accordance with International Financial Reporting Standards (IFRS);
3) JSC “Latvijas balzams” Dependency report for the year.
3. Distribution of profit for the year 2008.
To leave undistributed JSC “Latvijas balzams” net profit in the amount of 5 908
519 LVL and to dispose it for the development of JSC “Latvijas balzams” with
purpose to increase the competitiveness of JSC “Latvijas balzams”.
4. Election of auditor for the audit of Annual reports for the year 2009 and
determination of the remuneration for auditor.
1) To elect audit company Baker Tilly Baltic (license No.80) as for the audit
of JSC “Latvijas balzams” Annual reports for the year 2009.
2) To determine 50 000 EUR, VAT not included, as the remuneration for the
auditor for the audit of Annual reports for the year 2009.
3) To assign the Management Board of JSC “Latvijas balzams” to conclude the
agreement with the elected auditor on the audit of JSC “Latvijas balzams”
Annual reports for the year 2009.
5. Approval of new edition of the Articles of Association.
To approve the Articles of Association of JSC „Latvijas balzams” in new edition
(enclosure, on 5 pages).
6. Election of the Revision Committee.
1) To elect for the office of the member of JSC “Latvijas balzams” Revision
Committee for the term three years, starting on 29 April 2009:
1. Konstantin Zhuk [Konstantins Žuks];
2. Alexander Yernev [Aleksandrs Jerņevs];
3. Vitolds Kokars [Vitolds Kokars].
2) To determine 10 600 LVL as the annual remuneration for the members of the
Revision Committee and to authorize the chairman of the Revision Committee to
determine the distribution of the remuneration between the members of the
Revision Committee.
7. Election of the Supervisory board.
1) Having regard of the application on the leave of the office of the
Supervisory Board from Georgy Kipiani, the member of the Supervisory Board, and
in accordance with the Paragraph nine of the Article 296 of the Commercial Law,
as of 29 April 2009 to release from the office of the member of JSC „Latvijas
balzams” Supervisory Board Alexander Kovalev [Aleksandrs Kovaļevs], Petr Aven
[Pjotrs Avens], Vitolds Kokars[Vitolds Kokars], Valizhan Abidov [Valižans
Abidovs] and Andrey Skurikhin [Andrejs Skurihins].
2) To elect for the office of the member of JSC „Latvijas balzams” Supervisory
Board for the term three years, starting on 29 April 2009:
1. Alexander Kovalev [Aleksandrs Kovaļevs];
2. Petr Aven [Pjotrs Avens];
3. Vitolds Kokars [Vitolds Kokars];
4. Valizhan Abidov [Valižans Abidovs];
5. Andrey Skurikhin [Andrejs Skurihins];
6. Alexander Yernev [Aleksandrs Jerņevs].
Riga, 15 April 2009
JSC „Latvijas balzams”
Chairman of the Board Kārlis Andersons
