AB Akola Group's Annual General Meeting Overview
NOTICE TO THE SHAREHOLDERS OF AB AKOLA GROUP
We are pleased to inform all shareholders about the upcoming Annual General Meeting (AGM) of AB Akola Group. This important event offers an opportunity for shareholders to engage with the company's board and review essential reports and proposals.
Key Details of the Meeting
The AGM is scheduled to take place at the Radisson Collection Astorija Hotel in the conference hall FUGA. The meeting will begin promptly at 10:00 a.m., with registration starting at 9:15 a.m. Make sure to arrive early to secure your place and participate in the discussions.
Agenda Highlights
The meeting's agenda covers critical topics that reflect the company’s performance and strategy moving forward. Here are the main points of discussion:
- Presentation of the Company’s Audit Committee Activity Report.
- Overview of the independent auditors’ report.
- Review of the Consolidated Annual Report for financial year 2023/2024.
- Acceptance of the Company’s Remuneration Report.
- Approval of financial statements for the year ending June 30, 2024.
- Distribution proposal for the Company’s Profit (Loss).
- Approval of updated Rules for Granting Shares.
- Revisions to the Articles of Association.
Shareholder Rights and Participation
Only those who are shareholders at the end of the accounting day on October 24, 2024, will have voting rights at the meeting. All necessary documents, including identification, must be presented to verify participation rights.
Voting and Proposals
Shareholders are encouraged to actively participate in the decision-making processes. They may propose new agenda items or draft decisions in writing, ensuring that their voices are heard. Proposals must be submitted at least two weeks prior to the meeting to allow proper consideration.
Furthermore, shareholders holding shares that represent at least 1/20 of the votes have additional rights to present questions and voice concerns about the meeting agenda. It’s an opportunity to clarify and discuss any doubts with the board representatives.
Documentation and Queries
In preparation for the AGM, shareholders can access all relevant documents, including proposed decisions and reports, on the company's website. They are also welcome to visit the office for any in-person inquiries during business hours.
Contact Information for Assistance
For further information regarding the AGM, shareholders can contact:
Mažvydas Šileika, CFO, AB Akola Group
Mobile: +370 619 19 403
Email: m.sileika@akolagroup.lt
Frequently Asked Questions
What is the purpose of the Annual General Meeting?
The AGM serves to discuss the company’s performance, present reports, and allows shareholders to vote on key topics such as financial statements and company strategies.
How can I participate in the meeting?
Shareholders must register in person at the venue and present identification. You may also authorize someone to vote on your behalf.
Can I propose changes to the agenda?
Yes, shareholders can propose new items or decisions in writing, provided these are submitted before the deadline.
Will remote participation be available?
The company has indicated that electronic communication options for attending and voting are not provided for this meeting.
Where can I find more information before the meeting?
Details regarding the AGM and necessary documents can be found on the company’s official website or by contacting the provided email and phone number.
