Important Notice: Annual General Meeting of AS Pro Kapital Grupp
Dear shareholder of AS Pro Kapital Grupp,
We are excited to announce that the Management Board is calling for the annual general meeting of shareholders of AS Pro Kapital Grupp. This significant event is set to be held on a Tuesday at the premises of the Company. We encourage every shareholder to participate and express their valuable opinions.
Agenda for the Meeting
The main aim of this meeting is to discuss and approve the annual report for the financial year 2024, along with addressing any net losses incurred and appointing the auditor for the coming years. This is a crucial opportunity for shareholders to get involved and influence decision-making.
1. Election of Meeting Officials
The Management Board proposes to elect Ilona Nurmela as the Chairman for this general meeting. Additionally, we will elect the Secretary based on suggestions received during the meeting.
2. Approval of the Audited Annual Report
Shareholders will have the opportunity to approve the audited annual report, which has been prepared for the financial year of 2024. This document has been made available for your review, ensuring transparency and adherence to good governance.
3. Decision on Covering the Net Loss
During the financial year ending on 31 December 2024, AS Pro Kapital Grupp reported a net loss of 3,875,000 Euros. It will be the shareholders' responsibility to propose how this loss will be addressed, with the recommendation to utilize retained earnings from previous periods.
4. Election of the Auditor
We will discuss the appointment of Ernst & Young Baltic AS as the auditor for the financial years of 2025 to 2027. Their previous work has been commendable, and as a result, their proposal has been recommended for approval by both the Audit Committee and Supervisory Council.
Administrative Guidelines for Shareholders
According to regulations, the shareholder list eligible to participate in this meeting will be determined one week prior to the event. Therefore, it is critical for you to engage early and ensure your attendance.
Shareholders holding a minimum of 1/20 of the share capital are entitled to propose additional items for the agenda, provided their requests adhere to the stipulated deadlines. This illustrates the dynamic nature of our corporate governance.
Participation Information
All shareholders, whether natural persons or legal entities, are encouraged to prepare accordingly. Natural persons should bring a valid ID, while legal entities must provide relevant registration documentation. It's essential for representatives to have their powers of attorney in order.
We understand that some may wish to vote prior to the meeting. To facilitate this, we will offer proxy voting options. Detailed instructions, including necessary forms for participation, will be made available on our website.
For any questions regarding the annual general meeting or the items on the agenda, we invite shareholders to reach out via phone or email. Our team is here to assist and provide any necessary clarifications.
Best regards, Management Board of AS Pro Kapital Grupp
Frequently Asked Questions
What is the purpose of the annual general meeting?
The main purpose is to review the annual report, address losses, and elect the auditor.
When will the meeting take place?
The annual general meeting is scheduled for a Tuesday morning, 10:30 AM. Please ensure to register by 10:30 AM.
How can shareholders participate?
Shareholders can participate by attending the meeting in person and bringing the necessary documentation as stated in the notice.
Can shareholders propose agenda items?
Yes, shareholders holding at least 1/20 of the share capital may propose items for the agenda 15 days before the meeting.
Who will be the auditor for the financial years 2025-2027?
The Management Board proposes to continue with Ernst & Young Baltic AS as the auditor for the upcoming financial years.
