Akciju sabiedriba "VEF" — Regulatory Filings 2011

Apr 7, 2011

Approved by the Management Board of joint stock company “VEF”

on March 31, 2011

Revised by the Supervisory Board of joint stock company “VEF”

on April 07, 2011

DRAFT DECISIONS of

Annual General Meeting of Shareholders of

joint stock company “VEF”

to be held on 21 April 2011

1. The Reports of the Management Board, the Supervisory Board and the statement of the sworn auditor.

To take notice of the report of the Management Board, the report of the Supervisory Board and the statement of the sworn auditor of joint stock company “VEF”.

1. Approval of Annual report for the year 2010.

To approve the Annual Report of joint stock company “VEF” for the year 2010 prepared by the Management Board and revised by the Supervisory Board.

1. Distribution of profit for the year 2010.

The net profit of the year 2010 of joint stock company “VEF” in the amount of 22 256 LVL use to cover losses of the previous years.

1. Election of the auditor for the audit of Annual Report for the year 2011 and determination of the remuneration for the auditor.
2. To elect sworn auditor Māra Līgute (licence No. 55) as auditor of the Annual Report of joint stock company “VEF” for the year 2011.
3. To determine the remuneration for the auditor for audit of the Annual Report of joint stock company “VEF” for the year 2011 in the amount of 1098 LVL, including taxes provided by the legislative acts.
4. To assign the Management Board of joint stock company “VEF” to sign the contract with the elected auditor for audit of the Annual Report of joint stock company “VEF” for the year 2011.

Riga, April 07, 2011

G.Feņuks

Chairman of the Management Board

T.Kampāne

Member of the Management Board