SAF Tehnika

AGM Information • Nov 28, 2016

Decisions adopted at the annual shareholders meeting on 28 November, 2016

The following decisions were adopted at the annual shareholders meeting of JSC "SAF Tehnika":

1. Approve the reports of the Board of Directors and the Supervisory Council for financial year 2015/2016;

   2. Approve the consolidated and separate financial statements of “SAF Tehnika” JSC for financial year 2015/2016 and release the Group`s Board of Directors from responsibility for financial year 2015/2016;

   3. Pay in dividends an amount of EUR 0.34 (thirty four cents) per share or EUR 1 009 861, 20 (one million nine thousand eight hundred sixty one euro and   twenty cents) in total:

   The date of record is 12 December, 2016;

   The date of payment of dividends  is 19 December, 2016;

   4. Appoint “Potapociča un Andersone” Ltd. as the auditor of the “SAF Tehnika” JSC for the financial year 2016/2017 and determine the maximum remuneration for the auditor of the Annual Reports for the financial year 2016/2017 in the amount of EUR 9’000 (nine thousand euro ),  excluding taxes set in the legislation. Authorize the Board of the Group to sign the contract with the elected auditor.

Zane Jozepa

CFO, Member of the Board

+371 67 046 840

Zane.Jozepa@saftehnika.com

www.saftehnika.com