Annual Shareholder Meeting Announcement
AS Trigon Property Development (registry code 10106774, address Pärnu mnt 18, Tallinn 10141, hereinafter referred to as the "Company") is excited to invite its shareholders to the annual general meeting. This important event is scheduled to take place at 10:00 AM, and registration will open an hour earlier, allowing attendees ample time to check in and prepare for deliberations.
Key Agenda Topics for Discussion
The agenda for the meeting will cover significant items which have already received approval from the Supervisory Board:
Approval of the Annual Report
The first item on the agenda pertains to the approval of the Company's annual report for the financial year 2024. The report highlights a balance sheet value of 1,873,680 euros as of December 31, 2024, alongside a net profit of 167,409 euros, reflecting a positive growth trajectory.
Net Profit Allocation
Following the annual report's approval, the next discussion will revolve around the allocation of the net profit for the financial year 2024. The Management Board proposes that the entire amount of 167,409 euros be transferred to accumulated profits, reinforcing the Company's robust financial standing.
Appointment of the Auditor
Another crucial item on the agenda is the appointment of AS PricewaterhouseCoopers as the auditor for the financial year 2025. This decision will ensure that the Company's financial reporting maintains the highest standards of integrity and transparency.
Supervisory Board Remuneration
The meeting will also address the remuneration for Supervisory Board member Aivar Kempi, proposing a one-off payment of EUR 2,400 with a monthly remuneration starting June 21, 2025, set at EUR 200. This will align the compensation structure with the Company’s commitment to governance best practices.
Participation Guidelines
Shareholders wishing to participate in the meeting must be registered as of seven days prior to the meeting for attendance confirmation. It is encouraged for all attendees to show up promptly for registration commencing at 09:00 AM. To ensure a smooth registration process, please bring necessary identification forms:
- Individuals must provide a valid identity document, while representatives should also present written authorization to act on behalf of shareholders.
- For corporate shareholders, legal representatives must show their identity documents along with valid written authorization. Should a corporate shareholder be unregistered in the Estonian Commercial Register, an appropriate extract from the relevant register will be required.
Additionally, documentation for establishing representation must be legalised or authenticated appropriately. The company reserves the right to validate voting rights through notarised powers of attorney if necessary.
Communication with the Company
Shareholders are encouraged to communicate details regarding their proxies or appointments via e-mail at info@trigonproperty.com or through physical documents submitted at the Company's office up to the stipulated date.
Access to Relevant Documents
Documents related to the annual meeting, including the annual report and draft resolutions, will be accessible for shareholders. You may find additional information and resources on the Company’s website, which will house significant disclosures throughout the preparation for the meeting.
Shareholder Rights
Shareholders representing at least 1/20 of the share capital are empowered to propose additional agenda items or submit draft resolutions. Requests must be submitted in writing within the specified time frame to ensure consideration during the meeting.
Final Thoughts
The agenda set for this annual general meeting is aimed at advancing the interests of AS Trigon Property Development and engaging shareholders in meaningful discussions. As part of our commitment to transparency and accountability, we look forward to your active participation on this significant occasion.
Frequently Asked Questions
When will the annual general meeting take place?
The annual general meeting will be held at 10:00 AM on June 20, 2025.
How can I participate in the meeting?
Shareholders can participate by registering at the venue from 09:00 AM on the meeting day and presenting required documents for verification.
What are the key agenda items for the meeting?
Key items include the approval of the annual report, allocation of profits, auditor appointment, and remuneration for the Supervisory Board member.
What documents are required for attending the meeting?
Individuals must provide identification, while corporate representatives need to have both identity documents and authorization.
How can I submit a proposal to amend the agenda?
Shareholders can submit written requests to include agenda items at least 15 days before the meeting.
