1.    Reports of the Management Board, the Council, the Audit Committee and statement of the sworn auditor.

To get acquainted with the reports of the Management Board, the Council and the Audit Committee of joint stock company “Latvijas balzams” and the statement of the sworn auditor.

Voting results:  decision is taken with the required majority of the votes.

2.    Approval of Annual reports for the year 2012.

To approve the reports drawn up by the Management Board and considered by the Council of joint stock company “Latvijas balzams”:

1)    joint stock company “Latvijas balzams” Annual report for the year 2012, drawn up in accordance with the requirements of the Laws of the Republic of Latvia;

2)    joint stock company “Latvijas balzams” Annual report for the year 2012, drawn up in accordance with International Financial Reporting Standards (IFRS);

3)    joint stock company “Latvijas balzams” Dependency report for the year 2012.

Voting results:  decision is taken with the required majority of the votes.

3.    Distribution of profit for the year 2012.

To leave the net profit of joint stock company “Latvijas balzams” in the amount of 4 193 003  LVL (four millions one hundred and ninety three thousand three lats) undistributed and to dispose it for the maintenance of joint stock company “Latvijas balzams” competitiveness during the crisis and for the constitution of reserves.

Voting results:  decision is taken with the required majority of the votes.

4.    Election of sworn auditor for the audit of Annual reports for the year 2013 and determination of the remuneration for the sworn auditor.

1)      To elect audit company SIA “Baker Tilly Baltics” (license No.80) as the sworn auditor for the audit of Annual reports of joint stock company “Latvijas balzams” for the year 2013.

2)      To determine 33 550 EUR, VAT not included, as the remuneration for the sworn auditor for the audit of Annual reports for the year 2013.

3)      To assign the Management Board of joint stock company “Latvijas balzams” to conclude the agreement with the elected sworn auditor for the audit of Annual reports for the year 2013 of joint stock company “Latvijas balzams”.

Voting results:  decision is taken with the required majority of the votes.

5.    Election of the Council.

1)    Having regard of the application on the leave of the office of the Council from Blaine Alan Rowlette (Bleins Alans Rovlets), the member of the Council, and in accordance with the Paragraph nine of the Article 296 of the Commercial Law, as of 23 April 2013 to release from the office of the member of joint stock company „Latvijas balzams” Council Valery Mendeleev (Vals Mendeļējevs), Sebastiaan Boelen (Sebastiāns Būlens), Petr Aven (Pjotrs Avens), Aigars Kalvītis (Aigars Kalvītis) and David Ronald Surbey (Dāvids Ronalds Sarbijs).

Voting results:  decision is taken with the required majority of the votes.

2)    To elect for the office of the member of joint stock company „Latvijas balzams” Council for the term three years, starting on 23 April 2013:

1)    Valery Mendeleev (Vals Mendeļējevs)

2)    Sebastianus Boelen (Sebastiāns Būlens);

3)    Petr Aven (Pjotrs Avens);

4)    Aigars Kalvītis (Aigars Kalvītis);

5)    David Ronald Surbey (Dāvids Ronalds Sarbijs);

6)    Seymour Ferreira (Sīmūrs Fereira).

Voting results:  decision is taken by the dividing of the votes.

Riga, 23 April 2013

Joint stock company „Latvijas balzams”

Chairman of the Management Board                                                             Guntis Āboltiņš - Āboliņš