JSC Attīstības finanšu institūcija Altum informs that on December 14th, 2023 at 2.00 p.m.at the premises of JSC Attīstības finanšu institūcija Altum at 4 Doma Laukums, Riga, the Extraordinary Shareholders' Meeting of JSC Attīstības finanšu institūcija Altum has been convened. Meeting will be organized by using remote connection options and have the following agenda: 

1. On operational plan and the budget for year 2024 of JSC Attīstības finanšu institūcija Altum

2. On the estimated 2024 expenditures of the Internal Audit Division of JSC Attīstības finanšu institūcija Altum

3. On operational plan for year 2024 of the Internal Audit Division of JSC Attīstības finanšu institūcija Altum

4. On the auditor of the financial statements of JSC Development Finance Institution Altum for the years 2023, 2024 and 2025

5. On the increase of the reserve capital and transfer of funding to the special reserve capital for the housing guarantee support programme for members of the National Armed Forces

JSC Development Finance Institution Altum is a Latvian state-owned company providing enterprises and households access to financial resources by means of support financial instruments - loans, guarantees, investments in venture capital funds - in the areas defined as important and to be supported by the state, thus developing the national economy and enhancing mobilization of the private capital and financial resources. On 16 December 2022 Moody’s Investors Service (Moody’s) affirmed the Company’s Baa1 long-term issuer rating, with outlook stable, same as affirmed on 25 March 2019. The baseline credit assessment (BCA) is also affirmed at Baa3, together with the short-term issuer rating at P-2. The assigned Moody’s rating of Altum is one of the highest credit ratings assigned to corporate entities in Latvia. On 24 October 2017 the bonds issued by Altum were listed on a regulated market – Baltic Bond List of Nasdaq Riga.

         Laura Lapkovska
         AS Attīstības finanšu institūcija Altum Investors Relationships Division
         Tel.: +371 26165699
         E-mail: Laura.Lapkovska@altum.lv