1. Item of agenda
The reports of the Board of Directors and the Supervisory Council
Decision to approve the report of the Board of Directors and report of the Supervisory Council.
2. Item of agenda
The annual report
Decision to approve the annual report.
3. Item of agenda
To release the Members of the Board from responsibility of business activities performed in financial year
Decision to release the Members of the Board from responsibility of business activities performed in
financial year 2005/2006.
4. Item of agenda
Use of profit from the previous year of activity
Decision to distribute the profit for the previous year of activity amounting of 1 266 950 LVL as follows:
4.1) Decision to pay part of the previous years profit 594 036 LVL (five hundred ninety four thousand
thirty six Latvian lats) in dividends to the shareholders setting the amount of dividends 0.20 LVL (twenty
santims) per share setting the date of calculation November 24, 2006 and the date of payment December 1,
4.2) Decision to add part of previous years profit 672 914 LVL (six hundred seventy two thousand nine
hundred and fourteen Latvian lats) to the retained earnings of the Company.
5. Item of agenda
Decreasing of Share capital of the Company
5.1) Decision to decrease the share capital of the Company by cancelling 60 000 (sixty thousand) title
employee shares and to approve the Terms of Reduction of Share Capital.
5.2) Decision to determine that the Company's share capital following the registration of share capital
decrease shall be LVL 2'970'180.00 (two million nine hundred seventy thousand and one hundred and
eighty Latvian lats) which consists of 2'970'180 (two million nine hundred seventy thousand and one
hundred and eighty) shares.
6. Item of agenda
Amendments to the Charter of the Company
Decision to approve amendments to the Charter of the Company according to the Appendix and new
wording of the Company's Charter.
7. Item of agenda
The election of the Supervisory Council
Decision to elect Vents Lācars, Juris Ziema, Andrejs Grišāns, Ivars Šenbergs and Jānis Bergs as members
of the Supervisory Council consisting of five members for 3 year term;
8. Item of agenda
The election of the auditor
Decision to elect Ernst & Young Baltic SIA" as the auditor of the Company for the next financial year.
Authorize the Board of Directors to set the auditors fee.
9. Item of agenda
9.1) Authorize with power to delegate authority Board of the Company to sign an Application to the
Commercial Register Authority to register the resolutions and amendments of articles of association passed
by the meeting of Shareholders in the Commercial Register, to ascertain an excerpt from the Minutes of
this meeting, and to sign repeated application and / or complaint to the Commercial Register Authority in
the case of Application for the Registry being declined.
9.2) Authorize legal adviser of the company Valdis Bergs to submit all the required documentation and
supply the required explanations, if demanded, to register the resolutions passed by the meeting of
Shareholders in the Commercial Register, and to take out the documents from the Commercial Register
For aditional information:
SAF Tehnika AS
Phone: +371 7046840
Mob. phone: +371 29287289
Fax: +371 7046809