On closing of the current shareholder’s meeting

Meeting time: April 24,2020
Meeting location: 27 Kalvenes str., Aizpute, Aizpute district, LV-3456 

Adopted decisions:

1. To approve the reports of the Company’s Management Board and the Supervisory Board on the Annual Report for the Year 2019.

To approve the Annual Report for the Year 2019

Voting results:  resolution is taken unanimously

  2.To cover the losses of the 2019 in value of212221  EUR from schares capital.

Voting results:  resolution is taken unanimously

 3.1 The following amendments are made to the Articles of Association of the joint stock company:

1. Clause 2.1 of the Articles of Association is worded as follows:

2.1 The share capital of the Company is 918144 EUR (nine hundred eighteen thousand and one hundred forty four EUR). The share capital of the Company consists of 918144 (nine hundred eighteen thousand and one hundred and forty four) shares. The nominal value of one share is 1 (one) EUR.

Voting results:  resolution is taken unanimously

 3.2 To approve rules for the reducktion of share capital.

Voting results:  resolution is taken unanimously

 4.To Approve the remuneration policy for members of the Management Board and the members of the Supervisory Board

Voting results:  resolution is taken unanimously

 5. To enter into a contract with “Certified auditors’ office Gatis Sviklis Lāsma Svikle”, Ltd (License No 181) for auditing the Annual report of 2020.

Voting results:  resolution is taken unanimously

 6.Determine the remuneration 3500 EUR +21% VAT to the auditor for company’s report audit of the 2020.

Voting results:  resolution is taken unanimously

The Board

         Irena Burve
         Chief accountant
         A/S Kurzemes Atslega-1
         Kalvenes street 27
         Aizpute, LV-3456
         Latvia
         Tel.: +371 63448075
         Mob.: +371 26422198
         E-mail: gramatv@ka1.lv