Draft Resolutions of Annual General Meeting of Shareholders

The Board of Panevezio statybos trestas AB proposes the following draft resolutions to be adopted at the Annual General Meeting of Shareholders to be held at 10:00 on 29 April 2019, at the company’s registered office at Puzino Str. 1, Panevezys:

1.      The conclusions of the audit regarding the Financial Statements and Annual Report of the Company for the year 2018.

Information heard.

2.      The Annual Report of the Company for the year 2018.

Information heard.

3.      Approval of the set of Financial Statements of the Company for the year 2018.

To approve the Consolidated and Individual Financial Statements of Panevezio statybos trestas AB for the year 2018, which have been prepared in accordance with the International Financial Reporting Standards as adopted by the European Union and are submitted together with the independent auditor’s opinion.

4.      Appropriation of profit (loss) of the Company for the year 2018.

To approve the following appropriation of profit (loss) of Panevezio statybos trestas AB:

Unappropriated profit (loss) of the previous financial year at the end of the accounting financial year – 32,417,239 EUR;

Dividends paid –    (981,000) EUR;

Net profit (loss) of the accounting financial year –  (2,769,485) EUR;

Profit (loss) of the accounting financial year unrecognized in profit (loss) statement – 73,210 EUR;

Transfers from reserves – 0 EUR;

Contributions of shareholders to cover the loss of the Company (in case of the shareholders’ decision to cover all or a part of loss) – 0 EUR;

Total profit (loss) available for appropriation – 28,739,964 EUR;

a part of profit to the legal reserve – 0 EUR;

a part of profit to the reserve for acquisition of own shares – 0 EUR;

a part of profit to the reserve for granting of shares – 0 EUR;

a part of profit to other reserves – 0 EUR;

a part of profit for dividend paying – 0 EUR;

a part of profit for bonuses (tantiemes) for the members of the Board and Supervisory Board, premium pays for employees and other purposes – 0 EUR;

Unappropriated profit (loss) at the end of the accounting financial year transferred to the next financial year – 28,739,964 EUR.

5.      Election of the members for the audit committee.

To elect the following members to the audit committee:

• Drasutis Liatukas (as an independent member),
• Irena Kriauciuniene (as an independent member),
• Egle Grabauskiene.

Dalius Gesevicius

Managing Director

Panevezio statybos trestas AB

Information

Phone: (+370 45) 505 503

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