1. Reports of Board, Supervisory Council, Audit Committee and statement of Sworn auditor.

To take notice of the reports of the Board, the Supervisory Council, the Audit Committee and the statement of the sworn auditor of joint stock company Grindeks.

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

2. Approval of Annual report for the year 2010.

To approve the following Annual Reports for the year 2010 prepared by the Board of joint stock company Grindeks and revised by the Supervisory Council of joint stock company Grindeks:

1) Annual Report for the year 2010 of joint stock company Grindeks prepared in accordance with the legislative acts of the Republic of Latvia;

2) Consolidated annual Report for the year 2010 of joint stock company Grindeks prepared in accordance with International Financial Reporting Standards (IFRS);

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

3. Distribution of profit for the year 2010.

1) To approve the net profit of joint stock company Grindeks for the year 2010 in amount of 8 279 316 LVL.

2) To leave undistributed the profit for the year 2010 and to use it for the development of joint stock company Grindeks to increase the competitiveness of joint stock company Grindeks.

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

4. Election of auditor and determination of the remuneration for the auditor.

1) To elect joint stock company “BDO” (certificate number 112) as auditor of the Annual Reports of joint stock company Grindeks for the year 2011.

2) To determine the remuneration for the auditor for audit of the Annual Reports of joint stock company Grindeks for the year 2011 in the amount of 21 160 LVL, not including taxes provided by the legislative acts.

3) To assign the Board of joint stock company Grindeks to sign the contract with the elected auditor for audit of the Annual Reports of joint stock company Grindeks for the year 2011.

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

5. Listing of the additional shares on the regulated market.

1) To list on the Baltic Official list of joint stock company “Nasdaq OMX Riga” additional 3339400 bearer shares of joint stock company Grindeks which till now were not listed on the regulated market.

2) To authorize the Board to work out and to approve prospectus as well as other necessary documents required to list the additional 3339400 bearer shares of joint stock company Grindeks on the Baltic Official list of joint stock company “Nasdaq OMX Riga”.

3) To assign the Board to carry out all the necessary actions in order to list additional 3339400 bearer shares of joint stock company Grindeks on the Baltic Official list of joint stock company “Nasdaq OMX Riga”.

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

 

Riga, June 22, 2011

The Board of joint stock company Grindeks

 

Further information:
Laila Kļaviņa
Head of the Communications Department
JSC Grindeks
Phones: (+371) 67083370, (+371) 29256012
Fax: (+371) 67083505
e-mail: laila.klavina@grindeks.lv