The following decisions were adopted at the annual shareholders meeting of JSC SAF Tehnika:

1.  Approve the reports of the Board of Directors and the Supervisory Council for financial year 2023/2024. 

2. Approve the consolidated and separate financial statements of “SAF Tehnika” JSC for financial year 2023/2024 and release the Group`s Board of Directors from responsibility for financial year 2023/2024. 

3. To cover the losses from the retaining earnings of previous years.

4. Appoint “Potapoviča un Andersone” Ltd. as the auditor of the “SAF Tehnika” JSC for the financial year 2024/2025 and determine the maximum remuneration for the auditor of the Annual Reports for the financial year 2024/2025 in the amount of EUR 15’000 (fifteen thousand euros), excluding taxes set in the legislation. Authorize the Board of the Group to sign the contract with the elected auditor.

5. Approve the Management Board and Supervisory Council remuneration report for financial year 2023/2024.

6. Election of Supervisory Council.

As of December 8, 2024, to recall from the position of member of the Supervisory Council - Juris Ziema, Andrejs Grisans, Ivars Senbergs, Aira Loite, Sanda Reiharde.

To elect the Supervisory Council of joint stock company “SAF Tehnika” for a three year term in the following composition - Juris Ziema, Andrejs Grisanss, Ivars Senbergs, Sanda Reiharde, Aira Loite by fixing beginning of term of office on December 8, 2024.

7. Tasking the Supervisory Council to continue to fulfill the duties of the Audit Committee.

8. Approve the Dividend policy.

 The Dividend policy is attached to this announcement as a separate document.

         Additional information:
         Zane Jozepa
         CFO, Member of the Board
         zane.jozepa@saftehnika.com
         www.saftehnika.com