Meeting of 25 March 2016

Resolutions
 

1.  Presentation of the public joint-stock company INVL Baltic Farmland consolidated annual report. Shareholders of the public joint-stock company INVL Baltic Farmland are presented with the consolidated annual report of INVL Baltic Farmland (There is no voting on this issue of agenda).
 
2.  Presentation of the independent auditor's report on the financial statements of the public joint-stock company INVL Baltic Farmland. Shareholders of the public joint-stock company INVL Baltic Farmland are presented with the independent auditor's report on the financial statements of INVL Baltic Farmland (There is no voting on this issue of agenda).
 
3.  On the approval of the consolidated and stand-alone financial statements for 2015 of the public joint-stock company INVL Baltic Farmland. To approve the consolidated and companies financial statements for 2015 of the public joint-stock company INVL Baltic Farmland.
 
4.  Regarding the distribution of the public joint-stock company INVL Baltic Farmland profit. To distribute the profit of the public joint-stock company INVL Baltic Farmland as follows:
 

Article (thousand EUR)
Retained earnings (loss) at the beginning of the financial year of the reporting period 4,180
Net profit (loss) for the financial year 838
Profit (loss) not recognized in the income statement of the reporting financial year (1)
Shareholders contributions to cover loss -
Distributable profit (loss) at the end of the financial year of the reporting period 5,017
Transfers from reserves -
Distributable profit (loss) in total 4,377
Profit distribution: -
- Profit transfers to the legal reserves -
-Profit transfers to the reserves for own shares acquisition -
- Profit transfers to other reserves -
- Profit to be paid as dividends* (217)
- Profit to be paid as annual payments (bonus) and for other purposes -
Retained earnings (loss) at the end of the financial year 4,800
*0.066 EUR is paid for one share
 
Regarding allocation of the dividends for the shareholders:
Persons, who will be shareholders of INVL Baltic Farmland at the end of 11 April 2016, the tenth day after the general shareholders meeting to approve the resolution to allocate part of company's profit for the payment of dividends, are entitled to receive dividends.