VIRŠI-A
Resolutions of annual general meeting

The decisions adopted at the Annual General Meeting of Shareholders of AS “VIRŠI-A” held on 12 May 2022

1. Reports of the Management Board, the Supervisory Council and statement of the Sworn auditor, approval of Annual report for the year 2021

1. To take notice of the report of the Management Board, the report of the Supervisory Council of AS “VIRŠI-A” and the statement of the sworn auditor.

2. To approve:

1. AS “VIRŠI-A” Annual accounts for the year 2021;
2. AS “VIRŠI-A” Consolidated Annual accounts for the year 2021;

That have been prepared by the Management Board of AS “VIRŠI-A” and revised by the Supervisory Council of AS “VIRŠI-A”.

Voting results: decision is taken with the required majority of votes.

2. Distribution of profit.

1. To pay out in dividends from the profit of 2021 EUR 1,323,153.00, which corresponds to EUR 1,058,522.40 after the payment of corporate income tax or EUR 0.07014166 per share;
2. To set 1 June 2022 as the ex-date (the date from which the shares are traded without the right to a dividend), 2 June 2022 as the dividend calculation date and 14 June 2022 as the dividend payment date;
3. To transfer part of the profit of 2021 in the amount of EUR 4,087,017.00 to the retained earnings of AS “VIRŠI-A”.

Voting results: decision is taken with the required majority of votes.

3. Election of the auditor of the 2022 annual accounts and setting of remuneration to the auditor.

1. To elect "KPMG Baltics SIA" (commercial company licence No. 55) as auditor of the Annual Report of AS “VIRŠI-A” for the years 2022 and 2023.
2. To determine the remuneration for the auditor for audit of the Annual Report for the year 2022 and 2023 in the amount of 105,000.00 EUR, excluding VAT.
3. To assign the Management Board of AS “VIRŠI-A” to sign the contract with the elected auditor for audit of the Annual Report of AS “VIRŠI-A” for the year 2022 and 2023.

Voting results: decision is taken with the required majority of votes.

Riga, May 12, 2022

The Management Board of AS „VIRŠI-A”

The shares of AS VIRŠI-A are admitted to trading on Nasdaq Baltic First North Market.

The Certified Adviser for AS VIRŠI-A is AS LHV Pank.

AS VIRŠI-A is the largest and fastest growing domestic fuel trader, with 27 years of experience in the Latvian fuel trade sector. Today, the AS VIRŠI-A network has more than 66 service stations, of which 65 are full-service, and employs more than 640 people across all regions of Latvia. Additional information about AS VIRŠI-A and future development plans can be found on virsi.lv in the Investors’ section: https://www.virsi.lv/for-investors

         Contact information:
         AS VIRŠI-A
         Undīne Priekule
         E-mail: undine.priekule@virsi.lv
         Phone: +371 26141219
         
         Certified adviser:
         AS LHV Pank
         Contact person: Ivars Bergmanis
         E-mail: ivars.bergmanis@lhv.ee
         Phone: +372 680 2720