Latvijas Gaze

AGM Information • Oct 3, 2018

RESOLUTIONS of the extraordinary meeting of shareholders of the Joint Stock Company "Latvijas Gāze" of 3 October 2018

1. Recalling of the Company Council members.

Pursuant to Section 270 Paragraph one and two and Section 296 Paragraph seven of the Commercial Law and the request for convocation of a meeting of shareholders and recalling of the Council members by the PJSC "Gazprom" dated July 10, 2018, to release Oliver Giese, Matthias Kohlenbach, Elena Mikhaylova, Kirill Seleznev, Vitaly Khatkov, Nikolay Dubik, Hans-Peter Floren, Nicolas Merigo Cook, David Stephen Harrison, Juris Savickis and Oleg Ivanov from their positions of Council members at the Joint Stock Company "Latvijas Gāze".

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

2. Election of the Company Council.

• 1) Pursuant to the nominations submitted by the shareholders, to elect the following members of the Council of the Joint Stock Company "Latvijas Gāze" for three years, with the term of office starting October 3, 2018:
  • 1. Oliver Giese,
  • 1. Matthias Kohlenbach,
  • 1. Elena Mikhaylova,
  • 1. Kirill Seleznev,
  • 1. Vitaly Khatkov,
  • 1. Igor Fjodorov,
  • 1. Hans-Peter Floren,
  • 1. Nicolas Merigo Cook,
  • 1. David Stephen Harrison,
  • 1. Juris Savickis,
  • 1. Oleg Ivanov.

Voting results: decision is taken by dividing of votes

2) To set the monthly remuneration for the duties at the Council of the Joint Stock Company "Latvijas Gāze" for the Chairman of the Council in the amount of EUR 4 268, for the Vice-Chairmen of the Council in the amount of EUR 3 557 and for the members of the Council in the amount of EUR 2 845.

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

3. On the determination and distribution of the interim dividends.

1) To pay to the shareholders the retained earnings of previous reporting years of the JSC "Latvijas Gāze" in the amount of EUR 5 187 000 (five million one hundred eighty seven thousand euro) via dividends to each shareholder pro rata to the sum of nominal values of their shares, EUR 0.13 (thirteen cents) per 1 (one) share;

2) To set October 16, 2018 as the Ex-date (the day from which onwards shares are traded without a right to dividend), October 17, 2018 as the date of calculation of dividends, and October 18, 2018 as the date of payment of dividends.

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

Riga, 3 October 2018

Joint Stock Company "Latvijas Gāze" Chairman of the Board A. Kalvītis