AB Akola Group's Extraordinary General Meeting Insights
The Extraordinary General Meeting of AB Akola Group brought together shareholders to discuss various important agendas concerning the company's future. With a total shareholding of 167,170,481 shares, of which 166,566,819 held voting rights, the company witnessed an engaging assembly of its stakeholders.
Major Participation and Quorum Confirmation
In this meeting, 32 shareholders participated, representing 146,086,038 share votes, which equated to 87.7% of the total voting rights. This significant engagement demonstrated strong interest from the shareholders. The meeting was duly attended by the Company’s Board member and CFO, Mažvydas Šileika, ensuring the quorum was met and that all planned topics were addressed efficiently.
Important Resolutions Passed
The meeting facilitated the passing of several key resolutions essential for the company's governance and operational efficacy. Below are the highlights of the decisions made:
Election of Assurance Service Provider
The first resolution involved the selection of an assurance service provider for the consolidated sustainability report. UAB ROSK Consulting was unanimously elected to undertake the endeavors for the financial year 2024/2025. The attendees authorized the Head of the Company, along with another designated personnel, to negotiate and finalize the agreement, reflecting a step towards financial transparency and accountability.
Regulations of the Audit Committee
The meeting approved the new wording of the Regulations of the Audit Committee. This resolution is integral as it aligns with the company's aim to uphold robust governance frameworks, fostering corporate integrity.
Determining Remuneration for Audit Committee Members
A significant item on the agenda was the determination of remuneration for the Audit Committee members. The resolution set forth the annual payment structure: EUR 2,000 for the Chairman and EUR 1,600 for other committee members, scheduled to be paid within a month of the Annual General Meeting of Shareholders. This assurance aims to uphold high standards within the Audit Committee.
Contact Information for Further Queries
For anyone seeking further insights or details regarding the outcomes of the meeting, Mažvydas Šileika, the CFO of AB Akola Group, is available for contact via mobile at +370 619 19 403 or through email at m.sileika@akolagroup.lt.
Frequently Asked Questions
What was the primary purpose of the Extraordinary General Meeting?
The primary purpose was to discuss key decisions including the election of an assurance service provider and the remuneration of Audit Committee members.
Who participated in the meeting, and was the quorum established?
A total of 32 shareholders participated, achieving a quorum with 146,086,038 share votes representing 87.7% of the voting rights.
What are the new remuneration amounts for the Audit Committee members?
The annual remuneration is set at EUR 2,000 for the Chairman and EUR 1,600 for each member of the Audit Committee.
Which company was selected as the assurance service provider?
UAB ROSK Consulting was elected as the assurance service provider for the consolidated sustainability report.
How can shareholders contact the Company for more information?
Shareholders can reach out to Mažvydas Šileika, the CFO, via mobile at +370 619 19 403 or via email at m.sileika@akolagroup.lt.
