1. The approval of the reports of the Board of Directors and Supervisory Council.

Decision: to approve the reports of the Board of Directors and the Supervisory Council for financial year 2018/2019.

2. The approval of the annual financial statements for financial year 2018/2019 and release the Board of Directors from responsibility for financial year 2018/2019.

Decision: to approve the consolidated and separate financial statements of “SAF Tehnika” JSC for financial year 2018/2019 and release the Group`s Board of Directors from responsibility for financial year 2018/2019.

3. Covering of losses incurred in FY 2018/2019 by undivided profit from previous periods and retaining the part of undivided profit from previous periods as retained earnings.

Decision: Cover the losses of the “SAF Tehnika” JSC incurred in financial year 2018/2019 in amount of EUR 321 119 (three hundred twenty-one thousand one hundred nineteen euros) by retained earnings from previous periods. Retain the part of undivided profit from previous periods in amount of EUR 2 417 365 (two million four hundred seventeen thousand three hundred sixty-five euros) as retained earnings.

4. Appointment of the auditor for the financial year 2019/2020 and determination of the reward for the auditor.

Decision: Appoint “Potapoviča un Andersone” Ltd. as the auditor of the “SAF Tehnika” JSC for the financial year 2019/2020 and determine the maximum remuneration for the auditor of the Annual Reports for the financial year 2019/2020 in the amount of EUR 10’000 (ten thousand euro ),  excluding taxes set in the legislation. Authorize the Board of the Group to sign the contract with the elected auditor

         Additional information:
         Zane Jozepa
         CFO, Member of the Board
         +371 67 046 840
         Zane.Jozepa@saftehnika.com