DRAFT DECISIONS

 of the Extraordinary Meeting of Shareholders

of joint stock company “Latvijas balzams” to be held on 12 November 2015

(including candidates of members of Supervisory Board proposed by shareholder SIA “AMBER BEVERAGE GROUP”)

1.            Elections of the Supervisory Board.

1)    Taking into account the application of the member of the Supervisory Board Aigars Kalvītis regarding request to release from his office as Supervisory Board member and in compliance with Part 9 of Section 296 of the Commercial Law, to release from the positions of Supervisory Board members Petr Aven, Aigars Kalvītis, Sergejs Ļimarenko, Oļegs Alainis and Valizhan Abidov.

2)    To elect for the office of the member of joint stock company „Latvijas balzams” Council (Supervisory Board) for the term of 5 (five) years, starting on 12 November 2015:

1. Petr Aven;
2. Rolands Gulbis;
3. Sergejs Ļimarenko;
4. Oļegs Alainis;
5. Valizhan Abidov.

Riga, October 29, 2015

Joint stock company „Latvijas balzams”

Chairman of the Management Board                                     Seymour Paul Ferreira