*The number of votes of the shareholders cast in favour of the resolution given in the announcement of the resolution of the shareholders of Punktid Technologies AS published on 7 September 2022 was incorrect. The correct number of shareholders’ votes cast in favour of the resolution was 1,424,085, i.e. ca 66.24% of the votes.
Hannes Niid
Management Board Member of Punktid Technologies AS
E-mail: invest@punktid.com
The management board of Punktid Technologies AS (registry code 16158335, the Company) submitted a proposal to the shareholders to adopt the following resolution of the shareholders without calling a meeting. The announcement on the adoption of the resolution without calling a meeting was published on 11.08.2022 in the stock exchange information system (https://view.news.eu.nasdaq.com/view?id=bc6e892c71c9d81b3e0c2080f673ee49f&lang=en) and on the same day on the Company’s website (http://www.punktid.com/investor) and in the newspaper “Eesti Päevaleht”.
The list of shareholders entitled to vote was fixed on 26.08.2022 at the end of the business day of the Nasdaq CSD Estonian settlement system and the voting took place from 10.00 on 11.08.2022 until 10.00 on 02.09.2022 (GMT+2).
One vote was cast by the shareholders of the Company on time, i.e. by 10:00 Estonian time on 02.09.2022, whose shares represent 1,424,085 votes, representing 66.24% of all votes represented by the shares. If the shareholder did not announce by the above deadline of either being in favour or against the resolution, it was deemed that the shareholder had voted against the resolution (§ 2991(2) of the Commercial Code) and these votes will be recorded in the voting record as votes against the resolution.
The shareholders of the Company adopted the following resolution on 02.09.2022 pursuant to the procedure provided for in § 2991 of the Commercial Code without convening a general meeting:
- Conclusion of supervisory board member agreements and determining the remuneration payable to supervisory board members
Resolution:
- To set the amount of the monthly remuneration payable to the Company’s supervisory board members at EUR 300 (gross), which shall be payable to the supervisory board members’ bank accounts by the seventh day of the following month, at the latest. To approve the payment of remuneration to the supervisory board members that has occurred on the terms described above up to the moment of adoption of this resolution.
- To conclude supervisory board member agreements with the Company’s supervisory board members and to appoint Hannes Niid (personal identification code 38909300304) as the Company’s representative in their conclusion, who shall be entitled to determine the other terms of the supervisory board member agreements at his discretion, keeping in mind the interests of the Company.
1 424 085 votes of the shareholders were cast in favour of the resolution, i.e. ca 66.24% of the votes. Pursuant to § 299 (21) of the Commercial Code, the resolution is adopted if more than one-half of the shareholders are in favour of the resolution. The resolution was therefore adopted.
The voting record of the resolution of the shareholders will be published on the Company’s website (http://www.punktid.com/investor) in accordance with § 2991 (6) of the Commercial Code.
Hannes Niid
Management Board Member of Punktid Technologies AS
E-mail: invest@punktid.com
Punktid Technologies AS is a holding company established and operating in Estonia which has two subsidiaries, Gamekeys OÜ and HVK Business OÜ. Punktid group owns and develops the largest online sales environment for digital codes of video games, Nintendo, PlayStation and Xbox in Estonia, whereas:
- The main activity of Gamekeys OÜ is the mediation of the world's best-known video games and video game gift cards in an online environment and the related customer service and marketing both in Estonia and abroad; and
- The main activity of HVK Business OÜ is the wholesale of video games and gift cards for business customers, Punktid.com IT project development and sale of the right to use the Punktid.com platform.