Valmieras stikla škiedra Notice to convene annual general meeting 11.05.2012

Draft resolutions of Annual General Meeting of Shareholders of JSC „Valmieras
stikla šķiedra”

DRAFT RESOLUTIONS

of Annual General Meeting of Shareholders

of joint stock company „Valmieras stikla šķiedra” to be held on May 25, 2012




1. Reports of Management Board, Supervisory Board, Audit Committee and
statement of Sworn auditor, approval of Annual report for the year 2011.

1) To take notice of the Reports of Management Board, Supervisory Board, Audit
Committee and statement of Sworn auditor for the year 2011 of joint stock
company “Valmieras stikla šķiedra”.

2) To approve the Annual Report of joint stock company “Valmieras stikla
šķiedra” for the year 2011 prepared by the Management Board of joint stock
company “Valmieras stikla šķiedra” and revised by the Supervisory Board of
joint stock company “Valmieras stikla šķiedra”.





2. Distribution of profit for the year 2011.

1) To approve the net profit of joint stock company “Valmieras stikla šķiedra”
for the year 2011 of 1 530 795.82 LVL (one million five hundred thirty thousand
seven hundred ninety five lats 82 santims).

2) To distribute the net profit for the year 2011 of 1 530 795.82 LVL (one
million five hundred thirty thousand seven hundred ninety five lats 82 santims)
as follows:

a) To pay 621 483.33 LVL (six hundred twenty one thousand four hundred eighty
three lats 33 santims) or LVL 0.026 per one share to shareholders in dividends,
setting June 29, 2012 as the date of calculation of dividends and July 6, 2012
as the date of payment of dividends.

b) To leave undistributed and use LVL 909 312.49 (nine hundred nine thousand
three hundred twelve lats 49 santims) for the development of joint stock
company “Valmieras stikla šķiedra” with the aim to increase joint stock company
“Valmieras stikla šķiedra” competitiveness.






3. Election of the auditor for the audit of Annual Report for the year 2012 and
determination of the remuneration for the auditor.

1) To elect audit company “Deloitte Audits Latvia” SIA (commercial company
licence No. 43) as auditor of the Annual Report of joint stock company
“Valmieras stikla šķiedra” for the year 2012.


2) To determine that the remuneration of the auditor for the audit of Annual
report for the year 2012 shall be set according to the agreement signed between
the auditor and joint stock company “Valmieras stikla šķiedra” on the audit of
the Annual Report 2012.



4. Determination of the remuneration for members of the Supervisory Board.


1) For the results of the year 2011 of the joint stock company “Valmieras
stikla šķiedra” to pay additional remuneration in the amount of 1% of the net
profit for the year 2011 to each member of the Supervisory Board.

2) To determine that for the duties during the year 2012, each member of the
Supervisory Board of joint stock company „Valmieras stikla šķiedra” shall
receive a remuneration in the amount of LVL 1500 (one thousand five hundred
lats) for each attended Supervisory Board meeting.




5. Election of the Audit committee and determination of the remuneration for
the Audit committee.


1) To elect for the office of the member of of joint stock company “Valmieras
stikla šķiedra” Audit Committee for the term three years, starting on 29 May
2012:

-- Florians Krome;
-- Stefans Preiss-Daimlers;
-- Guntis Strazds.

2) To establish that the meetings of the Audit Committee shall be held in line
with necessity of the company; however not less than 3 (three) times a year,
but not more frequent than 4 (four) times a year.

3) To determine that for the duties during the year 2012, each member of the
Audit Committee of joint stock company „Valmieras stikla šķiedra” shall receive
a remuneration in the amount of LVL 1 300 (one thousand three hundred lats) for
each attended Audit Committee meeting.



Valmiera, May 11, 2012

Chairman of the Management Board
A.O.Brutāns

Member of the Management Board
D.Šēnbergs








Inita Martinsone
JSC „Valmieras stikla šķiedra” marketing project manager
Phone: 64202242, 29338802
Fax: 64281216
E-mail: initam@vss.lv
www.vss.lv


1. draft_resolutions.pdf
(https://newsclient.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=392436)

- Islandijos naujoji vyriausybė pradeda darbą - Išmanusis laikrodis AGENT – su 2 procesoriais - Seimas nenori leisti parduoti žemės užsieniečiams - Indijoje atidaryta pirmoji Lietuvos verslo atstovybė - Latvijoje kyla beveik 1 mlrd. litų vertės amžiaus projektas