Meeting of 19 December 2014

The resolutions of the General Shareholders Meeting of INVL Technology AB that was held on 19 December 2014
 
1. Regarding approval of the joint stock company INVL Technology participation in the reorganisation.

To not approve participation of the joint-stock company INVL Technology in the reorganisation by way of merger, merging BAIP group (code 300893533) transformed into a joint stock company to the joint-stock company INVL Technology.
 
2. Regarding approval of the joint stock company INVL Technology reorganisation.

To approve the reorganization of the joint-stock company INVL Technology by way of merger, merging the joint-stock company INVL Technology to BAIP group, AB (code 300893533).
 
To authorize the Management Board of INVL Technology to prepare and announce according to the laws the reorganization terms.
 
3. Regarding election of the audit company to audit financial statements of the financial year 2014 and setting the conditions of payment for the audit services.
 
To elect joint-stock company PricewaterhouseCoopers, code 111473315, to audit annual financial statements the financial year 2014.

To set the payment for the audit services not more than LT 8000 (eight thousand litas), VAT is not included in this amount.
 
4. Regarding replacement of the registered office of INVL Technology.

To change the registered office of INVL Technology and to register the new address in the premises located at Seimyniskiu str. 1A, Vilnius, Lithuania (unique No. 1399-8031-1015).
 
5. Regarding election of the Audit Committee members.

To elect Danute Kadanaite and Tomas Bubinas (independent member) to the Audit Committee of INVL Technology, AB for the 4 (four) years term of office.
 
6. Regarding approval of the remuneration for the Audit Committee members.

For a work in the Audit Committee of INVL Technology, AB, to fix a rate not higher than 500 Litas per hour. To delegate to the Board of the Company to determine the remuneration payment procedure for the Audit Committee members.
 
7. Approval of the regulations of the formation and activity of the Audit Committee.

To approve new wording of the regulations of the formation and activity of the Audit Committee of INVL Technology, AB.