|Emitents||Rīgas autoelektroaparātu rūpnīca, AS (48510000YVK9CM9ETE04)|
|Veids||2.2. Iekšējā informācija|
The decisions of shareholders' meeting of AS "Rīgas autoelektroaparātu rūpnīca"
AS “Rīgas autoelektroaparātu rūpnīca” Reg. No 40003030454 Address: Klijanu str. 18, Riga, LV-1013
The Annual Shareholders’ Meeting was held on April 26, 2020.
The taken decisions:
6.Approval of the remuneration policy for Board and Council members. 6.1. Approval of the 2020 remuneration policy for Board and Council members: - fixed non-variable remuneration of two minimum monthly salariesfor Board and Council members, providing for a factor of 1,1 for the chairs of Board and Council; -no variable remuneration for the Council and Board members and their chairmen, including cash bonuses, shares and others. 6.2. Approval the decision not to award the remuneration to the members of the Board and Council and their chairmen for 2019. In March 2020 limitation arrising from the spead of the coronavirus have been put in placein the Republic of Latvia and in other countries.The development of the situation is not predictable therefore an economic uncertaintyprevails.The management of the constantly contemplating the situation.In 2020, even with the most optimistic coincidence and the most successfull economic activity, the Joint Stock Company „Rigas autoelektroaparātu rūpnīca” has decided not to remunerate the members of the Management Board and Council. Voting results: The decision was adopted with the required majority of votes.
The Board of AS „Rīgas autoelektroaparātu rūpnīca” Contacts: Gunārs Lubis Phone: +371 67371352 E-mail: email@example.com