INVL Baltic Farmland

Proxy Solicitation & Information Statement • Oct 7, 2022

Shareholder's name, surname (title) – ………………….

Shareholder's personal code (legal person's code) - ………………….

Number of the shares held and votes owned – ……………………

The agenda includes:

• 1. Regarding the adjustment of the terms of payment for audit services
• 1. Regarding the election of an auditor to carry out of the audit of the annual financial statements and setting conditions of payment for audit services

Please circle the chosen version: "FOR", "AGAINST".

Draft resolutions:
1. Regarding the adjustment of the terms of payment for audit services
1.1. To set an additional remuneration of up to EUR 6,000 per year (VAT will be calculated and paid additionally in accordance with the order established in legal acts) to the Company's audit company UAB PricewaterhouseCoopers, legal entity code 111473315, for the audit services of the annual financial statements for 2022 year in order to meet the requirements of the Articles 3 and 4 of the Commission Delegated Regulation (EU) 2018/815 of 17 December 2018 supplementing Directive 2004/109/EC of the European Parliament and of the Council with regard to regulatory technical standards on the specification of a single electronic reporting format.	FOR	AGAINST
2. Regarding the election of an auditor to carry out of the audit of the annual financial statements and setting conditions of payment for audit services
2.1. To conclude an agreement with UAB PricewaterhouseCoopers, legal entity code 111473315, to carry out of the audit of the annual financial statements of the INVL Baltic Farmland, AB for 2023 year and establish the payment in the amount of EUR 12,200 per year plus indexation (price increase) based on the average annual inflation published by the Department of Statistics under the Government of the Republic of Lithuania in April of 2023, calculated based on the harmonized index of consumer prices (HICP) plus EUR 6,000 for single electronic reporting format (ESEF) verification (VAT will be calculated and paid additionally in accordance with the order established in legal acts). The Board of the INVL Baltic Farmland, AB reserves the right to increase the remuneration of the audit company by no more than 25 percent of the total remuneration approved by this decision, if the scope of audit work changes significantly	FOR	AGAINST

_____________________________________________ _________________________

(Name, surname or title of shareholder or it's representative) (signature)

Date ______ [day] __________ [month] 2022