Key Resolutions from AB Amber Grid's Shareholders Meeting
Decisions Made During the Shareholders Meeting of AB Amber Grid
AB Amber Grid, recognized with the legal entity code 303090867, is headquartered at Laisv?s ave. 10, LT-04215. Recently, the company convened for an important Ordinary General Meeting of Shareholders where some pivotal decisions were made regarding its financial direction and governance.
Auditor's Report Presentation
One of the initial agenda items was to review the independent auditor's report concerning the 2024 financial statements and the Consolidated Management Report. This report provided valuable insights into the company’s fiscal health and management practices over the past year. Importantly, there was no requirement for a formal decision from the shareholders regarding this; instead, it served as an informational piece for all attendees.
Approval of Financial Statements
The shareholders meeting also focused on the approval of the consolidated and separate financial statements for AB Amber Grid for the year 2024. These documents outline the company’s revenue, expenses, and overall financial performance. Gaining approval for these statements is crucial for transparency and accountability, ensuring that stakeholders can trust the reported figures.
Profit Distribution Plan
AB Amber Grid also moved to approve the distribution of profits for 2024. This decision is critical as it impacts shareholder returns and underscores the firm’s commitment to profitability and shareholder value. The details attached to this decision help clarify how profits would be allocated among various stakeholders.
Remuneration Overview
Another significant point of discussion was the information regarding remuneration for the 2024 fiscal year. As part of the Consolidated Management Report, this information outlined compensation plans and ensured that shareholders are informed about the management’s remuneration structure, reflecting a commitment to governance and transparency.
Importance of Attachments
Several attachments accompanied the meeting's documentation, further enhancing the shareholders' understanding of AB Amber Grid’s fiscal decisions. These included detailed reports on profit allocation and comprehensive financial statements that date back to December 31, 2024. All these documents underline the company's solid foundation and commitment to maintaining trust with its shareholders.
Contact Information for Inquiries
For additional information or inquiries regarding the outcomes of the meeting, shareholders and interested parties can reach out to Laura Šebekien?, the Head of Communications at Amber Grid. She is reachable at +370 699 61 246 or via email at l.sebekiene@ambergrid.lt. This open line of communication underscores Amber Grid's dedication to stakeholder engagement and transparency.
Frequently Asked Questions
What significant decisions were made during the meeting?
The meeting focused on approving the financial statements for 2024, the distribution of profits, and the remuneration for the management team.
Who presented the independent auditor's report?
The independent auditor's report was presented for review, offering insights about the company’s financial health without requiring a shareholder vote.
What is the role of the Consolidated Management Report?
This report provides a comprehensive overview of the company's strategies, financial performance, and governance practices for the year.
Who should I contact for further questions?
For further inquiries, you can contact Laura Šebekien?, Head of Communications at Amber Grid.
Why is the approval of financial statements important?
Approving financial statements is essential for ensuring transparency, accountability, and maintaining stakeholder trust in the company’s financial practices.
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