The resolutions taken during the General Meeting of AB “Lifosa”
that was held on April 29,2009 :
1.The Auditor's Report.
To take into consideration the Auditor's opinion presented in his report, while
approving the Company's annual financial statements for the year 2008.
2. The Annual Report of the Company for the year 2008.
To assent to the Company's Annual Report for the year 2008.
3. The approval of the Company's Annual Financial Statements for the year 2008.
To approve the Company's Annual Financial Statements for the year 2008.
4. Company's profit appropriation for the year 2008.
To approve the Company's net audited profit (acc.to IFRS) appropriation as
follows:
1) total profit available for distribution - 381 577 thou. LTL (110 512 thou.
EUR);
2) net profit of the reporting financial year - 237 231 thou. LTL (68 707 thou.
EUR);
3)total profit available for distribution- 618 808 thou. LTL (179 219 thou.
EUR).
4) share allocation to the required reserves - 0 LTL (0 EUR);
5) share of the profit allocated to the reserves to accquire the own shares - 0
LTL (0 EUR);
6) share of the profit forwarded to the other reserves - 0 LTL (0 EUR);
7) share of the profit allocated for the dividends - 0 LTL (0 EUR) ;
8) share of the profit for the annual bonuses for the board members, bonuses
for the employees, other purposes - 0 LTL (0 EUR);
9) not distributed profit brought forward to the next financial year - 618 808
thou. LTL (179 219 thou. EUR).
5. Selection of the firm of Auditors and establishment of the terms of
remuneration for audit services.
5.1. To approve the firm UAB “PricewaterhouseCoopers“ as auditing company for
the year 2009.
5.2. To authorize Mr. Jonas Dastikas, the General Director of the Company to
enter into the Service Agreement
with the auditing company under the following remuneration terms for the
services offered: the payment amount agreed between the Parties should not
exceed 145 thou. LTL (42 thou. EUR) VAT excluded.
6. Approval of the resignation of the Board Member and election of a new Board
Member.
6.1. To approve the resignation of the Board member Mr. Stanislav Duryagin.
6.2. To elect Mr. Andrey Popov, the Chief of the Legal Department of OAO „MCC
“EuroChem” as a Board Member.
6.3. To assign that authorization of a new Board Member Mr. A. Popov validates
after the General Meeting.
7. Approval of the Regulations of Activities of the Company's Audit Committee.
7.1. To approve Regulations of Activities of the Audit Committee of AB Lifosa.
7.2. To authorise Mr. Jonas Dastikas, the General Director of the Company to
sign the approved Regulations of Activities of the Audit Committee.
8. Establishment of the Company's Audit Committee and election of its members.
8.1. To establish the Audit Committee consisting of three members.
8.2. To elect Mrs. Edita Malukiene (independent member), Mrs.Asta Žirgulienė
and Mrs. Linalda Mickevičienė as the members of the Audit Committee until the
end of term of the Management Board of the Company.
9. Approval of the terms of remuneration for the members of the Audit Committee.
9.1. To establish the annual remuneration sum of 5 thou. Litas for each member
of the Committee.
9.2. To charge the Board to establish the order of the remuneration pay off.
Regvita Ivanoviene
Financial Director
+ 370 347 66 331
