1. Consolidated annual report on the activities of the Company in 2016.
Draft resolution:
Taken for the information consolidated annual report of the Company for the year 2016, prepared by the Company, assessed by the auditors and approved by the Board.
2. Auditor's report on the Company’s financial statements and annual report.
Draft resolution:
Taken for the information.
3. Approval of the Consolidated and Company’s financial statements for the year 2016.
Draft resolution:
Approve the annual Consolidated and Company‘s financial statements for the year 2016.
4. Company's profit (loss) allocation for the year 2016.
Draft resolution:
Allocate the Company's profit (loss) for the year 2016 according to the draft of profit (loss) allocation presented for the Annual General Meeting of shareholders (Annex 3).
5. Election of firm of auditors and establishment of the terms of remuneration for audit services.
Draft resolution:
1) Elect UAB “ERNST & YOUNG BALTIC” as APB APRANGA firm of auditors for the year 2017.
2) Set the amount of the fee payable for audit services for the year 2017 - not more than EUR 23 000 (twenty three thousand euros) plus VAT.
3) Authorize the Company's CEO to sign the audit services agreement with firm of auditors.
6. Approval of Charter of the Audit Committee and approval of composition of the Audit Committee, withdrawal and election of members of the Audit committee, approval of remuneration of the members of the Audit committee.
Draft resolution:
1) Approve the draft Charter of the Audit Committee (Annex 5). Repeal internal rules of the Audit Committee which were approved by General Shareholder Meeting of APB APRANGA on April 30th, 2009.
2) Accept the decision of Company’s board to withdraw member Rasa Rūlevičiūtė from the Audit committee. Withdraw member Daiva Paulavičienė from the Audit committee.
3) Approve composition of the Audit Committee of 3 (three) members elected for a term of 4 (four) years: elect Rasa Rūlevičiūtė, Justina Rasimavičiūtė (independent member) as members of the Audit committee, elect Daiva Paulavičienė (independent member) as Chairwoman of the Audit committee. Remuneration for performance of duties of members of Audit committee shall not be designated.
ENCLOSED:
Annex No.1. Consolidated and Company's annual report, annual financial statements of the year 2016 and the Auditor's conclusion on the financial statements;
Annex No.2. Confirmation of persons responsible for the financial statements;
Annex No.3. Draft of profit (loss) allocation for the year 2016;
Annex No.4. General voting ballot;
Annex No.5. Charter of the Audit Committee.
Rimantas Perveneckas
Apranga Group Director General
+370 5 2390801
Annex3_Profit allocation 2016 EN_draft.pdf
Annex1_APG IFRS 2016 EN_draft.pdf
Annex5_Charter of Audit Committee_draft.pdf
Annex4_General voting ballot.pdf
Annex2_Confirmation 2016 EN.pdf
