Akciju sabiedriba "VEF" — AGM Information 2020

Jul 13, 2020

____________, ___.___. 2020. Issuance place and date

VOTING FORM

______________________________________________________________________________________________ For natural person - shareholder's name, surname, personal identification number (if the person does not have a personal identification number - the date of birth, the number, the date of issue, the country of issuance and the issuing authority of the passport or other identification document), for legal person - company name, registration number, representative's position, name, surname, personal identification number (if the person does not have a personal identification number - the date of birth, the number, the date of issue, the country of issuance and the issuing authority of the passport or other identification document)

as shareholder of joint stock company "VEF" (registration number registration number: 40003001328, legal address: 214 Brivibas gatve, Riga, LV-1039, Latvia) at the annual meeting of shareholders to be held on July 27, 2020 with all the votes deriving from owned shares votes following:

1. On the agenda item "Reports of the Management Board, the Supervisory Council and statement of the Sworn auditor":

Draft resolution	For*	Against*
To take notice of the report of the Management Board, the report of the
Supervisory Council of joint stock company "VEF" and the statement of
the sworn auditor.

2. On the agenda item "Aproval of Annual reports for the year 2019":

Draft resolution		For*	Against*
	To approve the Annual Report of joint stock company "VEF" for the year
	2019 prepared by the Management Board of joint stock company "VEF"
	and revised by the Supervisory Council of joint stock company "VEF".

3. On the agenda item "Distribution of profit for the year 2019":

Draft resolution	For*	Against*
The net profit of the year 2019 of joint stock company "VEF" in the
amount of EUR 122 296 use to cover losses of previous years.

4. On the agenda item "Election of auditor and determination of the remuneration for auditor":

Draft resolution	For*	Against*
1) To elect SIA "Baltic Audit" (commercial company licence No.176)
as auditor of the Annual Report of joint stock company "VEF" for the
year 2020.
2) To determine the remuneration for the auditor for audit of the Annual
Report for the year 2020 in the amount of 4 300 EUR, excluding
VAT.

*Please mark your voting with symbol x

^** A shareholder has the right to divide his / her votes in whole figures and to allocate votes to one or more candidates of members of the Supervisory Council or Audit Committee. The total number of votes cast may not exceed the number of votes owned by the shareholder

3)	To assign the Management Board of Joint Stock Company "VEF" to
	sign the contract with the auditor for audit of the Annual Report of
	joint stock company "VEF" for the year 2020.

5. On the agenda item "Approval of the remuneration policy for Management Board and Supervisory Council":

Draft resolution	For*	Against*
To approve of the remuneration policy for Management Board and
Supervisory Council.

1. On the organisational matters of the meeting of shareholders (election of vote counters, Chairman of the meeting, minute taker and shareholder to certify the correctness of the minutes) to authorise the Management Board of joint stock company "VEF" (registration number: 40003001328, legal address: 214 Brivibas gatve, Riga, LV-1039, Latvia) to vote at its discretion as an honest and careful manager would do.

Issuer of the Voting Form - signature, name and surname legibly

______________________

^*Please mark your voting with symbol x

^** A shareholder has the right to divide his / her votes in whole figures and to allocate votes to one or more candidates of members of the Supervisory Council or Audit Committee. The total number of votes cast may not exceed the number of votes owned by the shareholder