Considering the requirements of Article 59.¹ paragraphs 7 and 10 of the Law on the Financial Instruments, the Board of the JSC Amber Latvijas balzams (hereinafter – the Company) informs that a transaction has been concluded with the leading company in the group of companies, Amber Beverage Group Holding S.à rl, registered in the Grand Duchy of Luxembourg, No. B218246, on the granting of a new short-term loan in the amount of EUR 4 million, by determining the maturity date of 31st December 2024 and the interest rate of 6% p.a.

The impact of the transaction on the Company's commercial activities is evaluated positively. The transaction is also considered to have a positive impact on the shareholders of the Company who are not related parties to the transaction, as the Company will receive additional income. The Company's annual interest income from the Loan agreement could be in the amount of EUR 240 thousand. Positive opinion of the Audit committee for the transaction is obtained.

JSC Amber Latvijas balzams
Chairman of the Board
Intars Geidāns