|Emitents||Latvenergo, AS (213800DJRB539Q1EMW75)|
|Veids||2.2. Iekšējā informācija|
The Annual Shareholder's Meeting of Latvenergo AS was held on 11 May 2023 at 15.00 at the premises of Latvenergo AS, Pulkveža Brieža Street 12, Riga.
The holder of all Latvenergo AS capital shares is the Ministry of Economics of the Republic of Latvia, whose interests at the Shareholder's Meeting are represented by the State Secretary of the Ministry of Economics or by his authorized representative. All decisions of the Shareholder's Meeting were adopted unanimously.
Resolutions adopted at the Annual Shareholder's Meeting:
1. On approval of the Latvenergo AS Annual Report 2022 and Latvenergo Consolidated Annual Report 2022
To approve Latvenergo koncerna Ilgtspējas pārskats par 2022.gadu and its English translation Latvenergo Group Sustainability Report 2022;
To approve AS "Latvenergo" Korporatīvās pārvaldības ziņojums par 2022.gadu and its English translation Latvenergo AS Corporate Governance Report 2022;
To approve Latvenergo konsolidētais un AS "Latvenergo" 2022.gada pārskats. The financial statements are prepared in accordance with the International Financial Reporting Standards approved in the European Union;
To approve Latvenergo Consolidated and Latvenergo AS Annual Report for 2022. The financial statements are prepared in accordance with the International Financial Reporting Standards approved in the European Union.
2. On distribution of the profit of Latvenergo AS for 2022
To distribute the profit of Latvenergo AS of EUR 209,361,631.00 EUR as follows:
- EUR 133,991,444.00 to be paid out to the state in dividends;
- the remaining part of 75,370,187.00 EUR to be transferred to the retained earnings.
3. On auditor of Latvenergo AS reports for the year 2023
To appoint SIA ERNST & YOUNG BALTIC to conduct the audit of Latvenergo AS for the year 2023.
4. On the evaluation of the average number of employees and financial indicators of Latvenergo AS and allocation to the respective group of public capital companies
To allocate Latvenergo AS to the group of large capital companies.
Latvenergo Group is one of the leading energy suppliers in the Baltics operating in electricity and thermal energy generation and trade, natural gas trade and electricity distribution services. Latvenergo AS has been acknowledged as the most valuable company in Latvia for several times. International credit rating agency Moody's has assigned Latvenergo AS an investment-grade credit rating of Baa2/stable.
Latvenergo Group is comprised of the parent company Latvenergo AS (generation and trade of electricity and thermal energy, trade of natural gas) and subsidiaries - Sadales tīkls AS (electricity distribution), Elektrum Eesti OÜ (trade of electricity and natural gas in Estonia), Elektrum Lietuva UAB (trade of electricity and natural gas in Lithuania), Enerģijas publiskais tirgotājs AS (administration of mandatory electricity procurement process), Liepājas enerģija SIA (generation and trade of thermal energy in Liepaja, electricity generation) and Latvijas vēja parki SIA (development of wind parks in Latvia). All shares of Latvenergo AS are owned by the state and held by the Ministry of Economics of the Republic of Latvia.