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Published: 2013-05-17 15:32:09 CEST
Valmieras stikla škiedra
Notice to general meeting

Draft resolutions of Annual General Meeting of Shareholders of JSC „Valmieras stikla šķiedra”

DRAFT RESOLUTIONS

of Annual General Meeting of Shareholders

of joint stock company „Valmieras stikla šķiedra” to be held on May 31, 2013,

including the candidates of the members of the Supervisory Board proposed by the shareholders  „P-D Management Industries Technologies GmbH” and „ Vitrulan International GmbH

 

  1. Reports of Management Board, Supervisory Board, Audit Committee and statement of Sworn auditor, approval of Annual report for the year 2012.
  1. To take notice of the Reports of Management Board, Supervisory Board, Audit Committee and statement of Sworn auditor for the year 2012 of joint stock company “Valmieras stikla šķiedra”.                                                    
  2. To approve the Annual Report of joint stock company “Valmieras stikla šķiedra” for the year 2012 prepared by the Management Board of joint stock company “Valmieras stikla šķiedra” and revised by the Supervisory Board of joint stock company “Valmieras stikla šķiedra”.        

                                             

  1. Distribution of the profit for the year 2012.
  1. To approve the net profit of joint stock company “Valmieras stikla šķiedra” for the year 2012 of 2748764.60 LVL (two million seven hundred forty eight thousand seven hundred sixty four lats and sixty santims).
  2. To distribute the net profit for the year 2012 of 2748764.60 LVL (two million seven hundred forty eight thousand seven hundred sixty four lats and sixty santims) as follows:
  1. To pay 1099547.43 LVL (one million ninety nine thousand five hundred forty seven lats forty three santims) or LVL 0.046 (four point six santims) per one share to shareholders in dividends, setting July 11, 2013 as the date of calculation of dividends and July 18, 2013 as the date of payment of dividends.
  2. To leave undistributed and use 1649217.17 LVL (one million six hundred forty nine thousand two hundred seventeen lats and seventeen santims) for the development of joint stock company “Valmieras stikla šķiedra” with the aim to increase joint stock company “Valmieras stikla šķiedra” competitiveness.                                

 

  1. Election of the auditor for the audit of Annual Report for the year 2013 and determination of the remuneration for the auditor.
  1. To elect audit company “Deloitte Audits Latvia” SIA (commercial company license No. 43) as auditor of the Annual Report of joint stock company “Valmieras stikla šķiedra” for the year 2013.
  2. To determine that the remuneration of the auditor for the audit of Annual report for the year 2013 shall be set according to the agreement signed between the auditor and joint stock company “Valmieras stikla šķiedra” on the audit of the Annual Report 2013.

 

  1. Election of the Supervisory Board and determination of the remuneration for members of the Supervisory Board.
  1. To elect in the positions of the members of the Supervisory Board of joint stock company “Valmieras stikla šķiedra” for one year, determining the beginning of the    duties of the Supervisory Board as of the May 31, 2013:
  2. Jürgen Heinz Preiss-Daimler;
  3. Dr. Guntis Strazds;
  4. Dr. Aivars Lošmanis;
  5. Peter Cordts;
  6. Frank Behrends (the professional experience of the candidate of member of supervisory board: from year 2005 to year 2010 Frank Behrends was the member of business area management Financial Markets & Corporates in the BHF Bank in Frankfurt, responsible for International Commercial business, Company support and Corporate finance. Since 2010 he is the board member, responsible for Credit Risk Management, Bank Management, IT and Administration as well as Compliance, Process Management and Outsourcing.).
  7. For the results of the year 2012 of the joint stock company “Valmieras stikla šķiedra” to pay additional remuneration in the amount of 1% of the net profit for the year 2012 to each member of the Supervisory Board.                                                       
  8. To determine that for the duties during the year 2013, each member of the Supervisory Board of joint stock company „Valmieras stikla šķiedra” shall receive a remuneration in the amount of LVL 1500 (one thousand five hundred lats) for each attended Supervisory Board meeting.                                 

 

  1. Determination of the remuneration for the Audit committee.

To determine that for the duties during the year 2013, each member of the Audit Committee of joint stock company „Valmieras stikla šķiedra” shall receive a remuneration in the amount of LVL 1 300 (one thousand three hundred lats) for each attended Audit Committee meeting.                                 

 

 

 

 

Chairman of the Management Board: A.O.Brutāns                                                                    

Member of the Management Board: D.Šēnbergs

 

 

 

         Marika Nīmante
         JSC „Valmieras stikla šķiedra” marketing project manager
         Phone: 64202276, 26635509
         Fax: 64281216
         E-mail: Marika.Nimante@vss.lv
         More information about company: www.vss.lv


draft_resolutions_EN_2013.pdf