Overview of the Liven AS Annual General Meeting
The management board of Liven AS is excited to announce the upcoming annual general meeting for its shareholders, a significant event on the company's calendar. This meeting, where pivotal decisions will be made, is scheduled to unfold soon. It promises to provide shareholders with critical insights into the company's performance and future direction.
Meeting Details and Registration Process
The annual general meeting of shareholders will take place at Liven AS's office, located at Telliskivi 60/5 in Tallinn, starting promptly at 10:00 a.m. EEST. Registration will commence from 9:30 a.m. on the same day.
To ensure your attendance, it is essential for shareholders to confirm their eligibility by noting that a finalized list of attendees will be determined seven days prior to the meeting. This list will serve as the benchmark for those allowed to participate in the discussions and decisions during the meeting.
Voting Process for Absentee Shareholders
Shareholders unable to attend the meeting in person can still engage in the decision-making process. Voting on agenda items will be open from the announcement of this meeting until the day before the meeting. All votes must be submitted via a digital ballot, which shareholders should access through the official Liven AGM website. Remember, should you designate a proxy to vote on your behalf, you'll need to provide the necessary documentation to validate their authority.
Agenda Highlights for the Meeting
The supervisory board of Liven AS has meticulously crafted an agenda that includes some critical proposals for consideration. These agenda items are not only pivotal for understanding the company's performance but also for shaping its financial future.
1. Approval of the Annual Report for 2024
The first proposal on the agenda calls for approval of the consolidated annual report for 2024, as prepared by the management board and vetted by the supervisory board. This document is fundamental for shareholders to evaluate the past financial year and ascertain the company’s direction.
2. Distribution of Profits
The second major item involves the distribution of profits generated in the 2024 financial year. The management board proposes a total net profit of EUR 558 thousand. Among the highlights:
- Approval to allocate EUR 2 thousand to the mandatory reserve capital.
- Proposing dividends totaling EUR 180 thousand to the shareholders.
- Retainment of EUR 376 thousand to bolster earnings.
- Special attention will be given to the timeline of payment and eligibility for dividends, which will conclude by May 21, 2025.
3. Appointment of the Auditor for 2025-2026
Lastly, the meeting will address the appointment of KPMG Baltics OÜ as the auditor for the upcoming years, along with discussions regarding the auditor’s remuneration, cementing transparency and accountability within the firm.
Engaging with Shareholders
Shareholders are encouraged to actively participate in the meeting, providing opportunities to engage with the management board on various agenda items. It's an ideal platform for shareholders to voice their concerns and to ensure that the interests of stakeholders are protected.
In addition, shareholders with at least 1/10 of the share capital can propose amendments to the agenda or suggest resolutions, making it a democratic process that reflects the collective priorities of the shareholders. It's vital that these requests be submitted in advance to facilitate their inclusion.
Relevant documents, including previous financial statements and board reports, will be made available on the Liven AGM website leading up to the meeting. By reviewing these materials, shareholders can come prepared to discuss the company's future.
Conclusion
The annual general meeting of Liven AS signifies more than just a routine gathering; it represents an opportunity for collaboration and collective decision-making that shapes the company's trajectory. It is a chance for each shareholder to influence the future of Liven AS positively.
To view the livestream of the AGM or for any questions regarding the event, shareholders are encouraged to consult the Liven AGM website or contact the management team directly.
Frequently Asked Questions
What is the date and time of the Liven AS Annual General Meeting?
The annual general meeting is scheduled to take place on 14 May at 10:00 a.m. EEST.
How can shareholders vote if they cannot attend?
Shareholders can submit their votes digitally via the Liven AGM website from 17 April until 12 May at 17:00 EEST.
Is there an agenda for the meeting?
Yes, the agenda includes the approval of the annual report, profit distribution, and the appointment of the auditor for 2025-2026.
Where can I find important documents related to the meeting?
All relevant documentation will be available on the Liven AGM website and at the company's registered office leading up to the meeting date.
How do I register for the meeting?
Shareholders must register starting at 9:30 a.m. on the day of the meeting by providing the necessary identification and documentation.
