Calling All Shareholders: Upcoming Annual General Meeting
Greetings to all valued shareholders of Aktsiaselts Infortar!
The Management Board is excited to announce the forthcoming Annual General Meeting of Shareholders, a significant event in our company calendar. This gathering is set to take place at 11:00 local time. We look forward to welcoming those who can attend in person at the Tallink SPA & Conference Hotel.
Registration for participants is slated to start one hour prior at 10:00. It’s essential that our shareholders mark their calendars and prepare to engage in meaningful discussions regarding our company’s trajectory.
Key Dates and Participation Details
Shareholders who wish to be part of the meeting must ensure that their names appear on the registry seven days prior to the meeting date. For this year, the list of eligible participants will be finalized at the close of business on the date specified—this task is crucial for maintaining an orderly process.
In addition to attending, we encourage shareholders who cannot be present to participate through electronic voting. This option ensures that your voice is counted and gives you a chance to contribute to the decision-making process remotely.
Agenda for the General Meeting
During the meeting, the Supervisory Board will present several important agenda items aimed at enhancing shareholder value. Each proposal has been well considered, and the Supervisory Board recommends approval of the following resolutions:
1. Approval of the 2024 Annual Report
A primary focus will be the review and approval of the Annual Report, which encapsulates our operational and financial performance over the previous year.
2. Distribution of Profits
Another highlight is the proposed profit distribution plan. A net profit of 193,670 thousand euros has been recorded, and we suggest a dividend of 3 euros per share. This will be executed in two installments, rewarding our loyal shareholders.
3. Appointment of an Auditor
In line with best practices, we will appoint KPMG Baltics OÜ to conduct our audit for the financial year 2025. This move reinforces our commitment to transparency and accountability.
4. Share Option Plan Review
This item addresses the future of our share option plan. The current program is to be terminated, and we propose a new framework to incentivize our management and employees, enabling them to share in the company’s growth.
Amendments to Articles of Association
In conjunction with the above topics, we will deliberate on amendments to our Articles of Association, particularly concerning share capital increase measures. These changes are designed to facilitate future equity raises more efficiently.
Share Buyback Proposal
Lastly, a proposal will be presented allowing Aktsiaselts Infortar to repurchase its own shares. This strategic step aims to strengthen the company’s value in the marketplace and provide liquidity to our shareholders.
Documentation regarding the Annual General Meeting, including the draft resolutions, annual report, and the auditor's report, will be readily available on our website for your review. We want you to be fully informed and engaged as we navigate through these discussions.
Your queries and contributions are highly welcomed, and for any clarifications, don’t hesitate to reach out via our official email.
Frequently Asked Questions
What is the main purpose of the Annual General Meeting?
The main purpose is to review the company's performance, approve financial results, and discuss future strategies.
How can shareholders vote if they cannot attend the meeting?
Shareholders can participate by sending their votes electronically before the meeting date.
What proposals will be discussed at the meeting?
Key proposals include profit distribution, auditor appointment, and potential amendments to the Articles of Association.
Will financial documents be available for review prior to the meeting?
Yes, all relevant documents will be accessible on our website well in advance of the meeting.
Who should I contact for more information about the meeting?
For further inquiries, please reach out to our Investor Relations Manager at the provided contact email.
