Minutes of annual general meeting
Resolutions of the Annual General Meeting of Shareholders of AS Ekspress Grupp held on 24 May 2013
Tallinn, Estonia, 2013-05-24 12:29 CEST (GLOBE NEWSWIRE) --
On 24 May 2013, the Annual General Meeting of the Shareholders of AS Ekspress Grupp was held in Tallinn, Narva mnt 11E.
Out of 29 796 841 votes 22115741 votes were represented at the Meeting, i.e. 74.22% of the votes.
The General Meeting of the Shareholders of AS Ekspress Grupp adopted the following resolutions:
1. Approval of the Annual Report for the Financial Year 1 January 2012 - 31 December 2012
By 22115741 votes, i.e. 100% of the votes in favour, to approve the Annual Report for the Financial Year 1 January 2012 - 31 December 2012 of AS Ekspress Grupp.
2. Approval of the 2012 Profit Distribution Proposal
By 22115741 votes, i.e. 100% of the votes in favour, to approve the Profit Distribution Proposal, according to which from the 2012 net profit of EUR 2 525, to increase the legal reserve by EUR 126 thousand, to pay dividends to shareholders respectively 1 (one) euro cent per share and to transfer the remaining amount EUR 2 101 to retained earnings of previous periods. The right to participate in distribution of profits applies to shareholders who have been registered in the list of AS Ekspress Grupp shareholders as of 7 June 2013 at 23:59. Dividends will be transferred to shareholder’s bank account on 1 October 2013.
3. Extension of the authority granted to a Member of the Supervisory Board
By 22085741 votes, i.e. 99.86% of the votes in favour, to extend the authority Ville Jehe (personal identification code 36910010325) as the Member of the Supervisory Board.
4. Appointment of the auditor and establishment of the procedure of payment
By 22115741 votes, i.e. 100% of the votes in favour, to appoint the audit firm AS PricewaterhouseCoopers (registry code 10142876) to perform the audit of AS Ekspress Grupp for the financial year 1 January 2013 - 31 December 2013. The auditing services shall be paid for on the basis of the contract to be signed with the audit firm.
Chairman of the Management Board
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