Joint Stock Company

“Kurzemes ciltslietu un mākslīgā apsēklošanas stacija”

Reg. Nr. LR KR LV 40003017085

Paid Equity Capital – EUR 613 200

The decision of the regular shareholders meeting, which took place on April 30th, 2018, in accordance with the agenda:

1. Reports by the Board and the Council.

    Decision: to approve reports made by the Board and the Council.

2. Approval of the annual report 2017.

Decision:

2.1. to approve the annual report for 2017 of joint stock company “Kurzemes ciltslietu un mākslīgās apsēklošanas stacija”.

2.2. Losses of the year 2017 in amount of  EUR 38.149 (thirty-eight thousand and one hundred forty nine euro) shall be covered from the undivided profit of previous years.

3. Wage determination for members of the Council.

To amend remuneration of the council members by revoking the variable part of the remuneration - additional payment in the amount of 2% of the reporting year's profit.

4. Election of sworn auditor for the year 2018 and remuneration for the auditor.

Decision:

4.1. To approve SIA „Deloitte Audits Latvia”., registration No. LV 40003606960, certified auditor business license No. 43, the auditor Inguna Staša, the certified auditor’s certificate Nr.145, as certified auditor the joint stock company “Kurzemes ciltslietu un mākslīgās apsēklošanas stacija” for the year 2018.

4.2. The Council hereby instructs the Board to come to an agreement with the auditor regarding performance of an accounting audit for the year of 2018

5.  On exclusion of the shares from the regulated market.

    To delist and exclude all 876 000 bearer shares of AS “Kurzemes ciltslietu un mākslīgās apsēklošanas

    stacija” from the regulated market – Baltic Secondary list of AS “Nasdaq Riga”

Gatis Kaķis

 Chairman of the Board

of Joint Stock Company „Kurzemes ciltslietu un mākslīgās apsēklošanas stacija”