The regular shareholders meeting of AS Attīstības finanšu institūcija Altum (hereinafter – the Company) was held on 28 April 2021 14.00 p.m.

The regular shareholders meeting made decisions on (i) approval of the the consolidated annual report of JSC Attīstības finanšu institūcija Altum for the year ended 31 December 2021, which has been prepared in the uniform electronic format in accordance with the requirements of ESEF RTS (European Single Electronic Format Regulatory Technical Standard), (ii) approval of the the separate annual report of JSC Attīstības finanšu institūcija Altum for the year ended 31 December 2021, which has been prepared in the uniform electronic format in accordance with the requirements of ESEF RTS (European Single Electronic Format Regulatory Technical Standard), (iii) approval of the Company’s profit of EUR 13 828 938.20  for the year 2021 and capitalizing it in full as the Company’s reserve capital, as well as (iv) reclassification within JSC Attīstības finanšu institūcija Altum reserve capital.

JSC Attīstības finanšu institūcija Altum (JSC Development Finance Institution Altum) is a Latvia state-owned company that ensures access of the enterprises and households to the financial resources by means of support financial instruments - loans, guarantees, investments in venture capital funds - in the areas defined as important and to be supported by the state, thus developing the national economy and enhancing mobilization of the private capital and financial resources. On 25 March 2019 Moody’s Investors Service (Moody’s) reconfirmed Altum’s Baa1 long-term issuer rating, with outlook stable. The baseline credit assessment (BCA) was upgraded to investment grade rating baa3. The assigned Moody’s rating of Altum is one of the highest credit ratings assigned to corporate entities in Latvia. On 24 October 2017 the bonds issued by Altum were listed on a regulated market – Baltic Bond List of Nasdaq Riga.

         Laura Lapkovska
         AS Attīstības finanšu institūcija Altum Investors Relationships Division
         Tel.: +371 26165699
         E-mail: Laura.Lapkovska@altum.lv