OREANDA-NEWS. April 26, 2016. Annual General Meeting of Shareholders of Joint Stock Company “VEF” held on 25 April 2016

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

To take notice of the report of the Management Board, the report of the Supervisory Council and the statement of the sworn auditor of joint stock company “VEF”.

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

2. Approval of Annual report for the year 2015.

To approve the Annual Report of joint stock company “VEF” for the year 2015 prepared by the Management Board and revised by the Supervisory Council.

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

3. Distribution of profit for the year 2015.

The net profit of the year of account of joint stock company “VEF” in the amount of 34 947 EUR use to cover losses of previous years.

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

4. Election of the auditor for the audit of Annual Report for the year 2016 and determination of the remuneration for the auditor.

1) To elect sworn auditor Aleksejs Litvinovs (licence No. 190) as auditor of the Annual Report of joint stock company “VEF” for the year 2016.
2) To determine the remuneration for the auditor for audit of the Annual Report of joint stock company “VEF” for the year 2016 in the amount of 1 694 EUR, including taxes provided by the legislative acts.
3) To assign the Management Board of Joint Stock Company “VEF” to sign the contract with the elected auditor for audit of the Annual Report of joint stock company “VEF” for the year 2016.

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

5. On assigning to the Supervisory Council the execution of the tasks of the Audit Committee.

To assign the Supervisory Council of joint stock company “VEF” to continue to execute the assignment of Audit committee, defined in Law on Financial Instrument Markets.

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

6. Election of the Supervisory Council.

Voting results:  decision is taken by dividing votes.