Time and place: 09:00 Ministry of Climate and Energy, Latgales Street 165, Riga.

No. pc.
Issue under consideration
Decision
1.
On the increase of the share capital and amendments to the Articles of Association of JSC "Augstsprieguma tīkls"

 
To approve the regulations for increasing the share capital of JSC "Augstsprieguma tīkls".
To approve amendments to the Articles of Association of JSC "Augstsprieguma tīkls".
To approve the Articles of Association of JSC “Augstsprieguma tīkls” in a new wording.
To determine that the decisions referred to in paragraphs 1-3 of the shareholders' meeting shall enter into force on January 1, 2026.
To instruct the Management Board of JSC “Augstsprieguma tīkls” to submit to the Register of Enterprises the documents related to the share capital increase and amendments to the Articles of Association.
6.        To instruct the Supervisory Board of JSC “Augstsprieguma tīkls” to ensure that the number of Management Board members corresponds to that prescribed in the Articles of Association.

 
2.
About the auditor's services for the audit of the 2024 annual report, consolidated annual report and sustainability report of JSC ''Augstsprieguma tīkls''

 
1.        To amend the decision of the Shareholders' Meeting of JSC ''Augstsprieguma tīkls'' of April 26, 2024 "On the auditor for the audit of the 2024 annual report, consolidated annual report, and sustainability report of JSC "Augstsprieguma tīkls"" and to express it in a new wording:

"To elect SIA "KPMG Baltics", registration No. 40003235171, as the auditor of the consolidated financial statements of the Augstsprieguma tīkls Group and the 2024 annual report of JSC "Augstsprieguma tīkls", determining the total remuneration for the auditor in the amount of EUR 61,500.00 (sixty-one thousand five hundred euros and 00 cents), excluding VAT.”

Vote: Decisions adopted unanimously ('for' - with 396 660 246 shares).

About JSC "Augstsprieguma tīkls"

AST, the Latvian electrical power transmission system operator, ensures uninterrupted and secure transmission of electricity throughout Latvia. Its vision is to become the leading transmission system operator in the region through the efficient and successful implementation of development-oriented changes. AST has 68.46% shareholding in the capital of the operator of the natural gas transmission and storage system JSC “Conexus Baltic Grid”.

For further information, please contact:

Līva Jēgere,

Head of Communications,

Phone: +371 26151344.

E-mail: liva.jegere@ast.lv