Approved by the Management Board of JSC “Valmieras stikla šķiedra” on 28 April
2009 (minutes no.3)
Draft resolutions of Annual General Meeting of Shareholders
of joint stock company „Valmieras stikla šķiedra” held on May 29, 2009
The Reports of the Management Board, the Supervisory Board and the statement of
the sworn auditor, approval of Annual report for the year 2008.
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
“Valmieras stikla šķiedra”.
To approve the Annual Report of JSC “Valmieras stikla šķiedra” for the year 2008
prepared by the Management Board of JSC “Valmieras stikla šķiedra” and revised
by the Supervisory Board of JSC “Valmieras stikla šķiedra” .
Distribution of profit for the year 2008.
To approve the net profit of JSC “Valmieras stikla šķiedra” for the year 2008 of
LVL 505 594,- (_____________________).
To distribute the net profit for the year 2008 of LVL 505 594,- as follows:
To pay 1% of the net profit for the year 2008 to each member of the Management
Board and each member of the Supervisory Board of the JSC “Valmieras stikla
šķiedra” for the results of the year 2008.
To use LVL 438 466,- (______________) for the development of JSC “Valmieras
stikla šķiedra” with the aim to increase JSC “Valmieras stikla šķiedra”
competitiveness.
Election of the auditor for the audit of Annual Reports for the year 2009 and
determination of the remuneration for the auditor.
To elect audit company “Deloitte Audits Latvia” SIA (commercial company licence
No. 43) as auditor of the Annual Report of JSC “Valmieras stikla šķiedra” for
the year 2009.
To determine that the remuneration of the auditor for the audit of Annuals
report for the year 2009 shall be set according to the agreement signed between
the auditor and JSC “Valmieras stikla šķiedra” on the audit of the Annual Report
2009.
Determination of the remuneration for members of the Supervisory Board.
To determine that for the duties during the year 2009, each member of the
Supervisory Board of JSC „Valmieras stikla šķiedra” shall receive a remuneration
of LVL 6,000 (six thousand) lats.
If a member of the Supervisory Board does not participate at any of the 4 (four)
mandatory Supervisory Board meetings, then the remuneration shall be
diminished by LVL 1,000 (one thousand lats) for every meeting missed.
To decide about an additional remuneration in the amount of 1% of the net profit
for the year 2009 for each Supervisory Board member of the JSC “Valmieras stikla
šķiedra” after approval of the Annual report for the year 2009 when deciding
about the distribution of the profits for the year 2009.
Amendments of Articles of association.
To approve the Articles of Association of JSC „Valmieras stikla šķiedra” in new
edition (enclosure, on 5 pages).
If state notary of the Register of Enterprises of the Republic of Latvia (an
administrative institution of the Commercial Register) has made the decision to
refuse the registration of new wording of the Articles of Association of JSC
“Valmieras stikla šķiedra”, authorise Management Board of JSC “Valmieras stikla
šķiedra” with its resolution to eliminate reasons of the refusal, which are
mentioned in the decision of the state notary of the Register of Enterprises of
the Republic of Latvia (an administrative institution of the Commercial
Register).
Election of Audit committee.
To elect for the office of the member of JSC “Valmieras stikla šķiedra” Audit
Committee for the term three years, starting on 29 May 2009:
_________________, ID ____________, address_____________________;
_________________, ID ____________, address_____________________;
_________________, ID ____________, address_____________________.
To determine 500,- LVL as the annual remuneration for the members of the Audit
Committee and to authorize the chairperson of the Audit Committee to determine
the distribution of the remuneration between the members of the Audit Committee.
Valmiera, April 28, 2009
On behalf of the Management Board of JSC „ Valmieras stikla šķiedra”,
Chairman of the Board
A.O.Brutāns
Member of the Board
I.Saulītis
Draft resolutions of Annual General Meeting of Shareholders of JSC „Valmieras stikla šķiedra”
| Source: Valmieras stikla skiedra