HansaMatrix — AGM Information 2018

Apr 26, 2018

Decisions adopted at the JSC “HansaMatrix” Annual General Meeting of shareholders on April 26, 2018

The Management Board of JSC “HansaMatrix” (Unified registration No.40003454390, legal address: Akmeņu iela 72, Ogre, LV-5001, Latvia) informs that Annual General Meeting of shareholders was convened on April 26, 2018 at 10.00 am, at JSC “HansaMatrix” headquarter meeting room located at Ziedleju iela 1, Marupe, LV-2167, Latvia. The shareholder meeting adopted the following decisions:

1. To approve report of the Management Board and the Supervisory Council on results of financial year 2017.

2. To approve the Audited Consolidated Annual Report of JSC "HansaMatrix" Group with net turnover 19.649 million EUR, net profit 1.678 million EUR and Parent Company for financial year 2017 with net turnover 19.475 million EUR, net profit 1.226 million EUR and to release the Management Board from responsibility for financial year 2017.

3. To approve the following regarding the JSC “HansaMatrix” auditors:

   • to elect “Ernst & Young Baltic” LLC (Unified registration No.40003593454) to be the certified auditor of JSC “HansaMatrix” in 2018.
   • To set 32000 EUR (thirty two thousand euro), plus Value Added Tax, as the total remuneration of certified auditor for 2018.

4. To approve the following regarding the year 2017 profit distribution:

   • to distribute dividends to shareholders in two equal tranches in the total amount of 146350.48 EUR (one hundred forty six thousand three hundred fifty and 48/100 euro) or in amount of 0.08 EUR (eight cents) per share.
   • for the first dividend tranche to set and announce May 23, 2018 as Ex-date, to set May 24, 2018, as a record date for dividends and May 25, 2018, as a date of payment of dividends in amount of 73175.24 EUR (seventy three thousand one hundred seventy five and 24/100 euro) or in amount of 0.04 EUR (four cents) per share.
   • for the second dividend tranche to set and announce November 13, 2018 as Ex-date, to set November 14, 2018, as a record date for dividends and November 15, 2018, as a date of payment of dividends in amount of 73175.24 EUR (seventy three thousand one hundred seventy five and 24/100 euro) or in amount of 0.04 EUR (four cents) per share.

5. To increase the total year 2018 remuneration budget for Council from 48000 EUR (forty eight thousand euro) to 52000 EUR (fifty two thousand euro).

Investor and media contact:

Māris Macijevskis, CFA

Member of the Management Board, finance director

Phone: (+371) 6780 0002

E-mail: invest@hansamatrix.com

http://www.hansamatrix.com

About JSC “HansaMatrix”

HansaMatrix is a fast-growing, high-technology company offering product design, industrialization and complete manufacturing services in data networking, Internet of Things, industrial segments and other services to high added value business segments. In addition to complete manufacturing services of OEM products, the company offers an ODM business model to both start-up and established companies that seek product development partnerships.