Siguldas CMAS — AGM Information 2011

Mar 28, 2011

Project of decisions of Annual shareholders’ meeting

Project of decisions of Annual shareholders’ meeting

JSC „Siguldas ciltslietu un mākslīgās apsēklošanas stacija”

to be held on 27 April 2011

1. To approve Management Board and Supervisory Council reports for the Annual report for the 2010.

2. To approve of Annual report for the 2010.

3. To pay as dividends LVL 33 795 from the retained earnings of LVL 454 939 carried forward from previous years, which is LVL 0.08 per share. The retained earnings of the reporting year LVL 34 552 to be retained. To determine May 13th 2011 to be the date of calculation of dividends, and May 18th 2011 to be the date of dividends payout.

4. To release from responsibility members of Management Board, members of Supervisory Council and auditor for action in year of account and resign from to bring the claim against them.

5. To elect sworn auditor Anita Sondore (certificate No 129, the limited liability company AUDITS A.S. Ltd, license No 27) to be the auditor.

6. To determine the remuneration for the auditor for audit of the Annual report for the year 2011 in the amount of 1 400.00 LVL, extra added VAT provided by the existing legislation.

7. To elect the Council of 5 members for the term of 3 year and to approve the remuneration of LVL 100 per month to each member of the Council.

8. To approve the Articles of Association.

The Board of the Joint Stock Company „Siguldas ciltslietu un mākslīgās apsēklošanas stacija”

Valda Mālniece

Member of the Board

Head of Financial and Accounting Department

E-mail: valda.malniece@sigmas.lv