Meeting of 30 April 2018

The resolutions of the General Shareholders Meeting of INVL Technologythat was held on 30 April 2018:

1. Presentation of the special closed-ended type private capital investment company INVL Technology Annual Report for 2017.
Shareholders of INVL Technology are presented with the annual report of the Company for 2017 (there is no voting on this issue of agenda).
 
2. Presentation of the independent auditor's report on the financial statements of the special closed-ended type private capital investment company INVL Technology.
Shareholders of the special closed-ended type private capital investment company INVL Technology are presented with the independent auditor's report on the financial statements of the Company (there is no voting on this issue of agenda).
 
3. Approval of financial statements for 2017 of the special closed-ended type private capital investment company INVL Technology.
To approve the financial statements for 2017 of the special closed-ended type private capital investment company INVL Technology.
 
4. Regarding profit distribution of the special closed-ended type private capital investment company INVL Technology.
To distribute profit of the special closed-ended type private capital investment company INVL Technology as follows:
 
1. Retained earnings (loss) at the beginning of the financial year of the reporting period; (2,225,455)
 
2. Net profit (loss) for the financial year; 4,084,098
3. Profit (loss) not recognized in the income statement of the reporting financial year; -
4. Transfers from reserves; -
5. Shareholders contribution to cover loss (if all or part of loss is covered by the shareholders) -
6. Distributable profit (loss) in total; 1,858,643
7. Profit distribution: -
7.1. Profit transfers to the legal reserves; -
7.2. Profit transfers to the reserves for own shares acquisition -
7.3. Profit transfers to other reserves; -
7.4. Profit to be paid as dividends; -
7.5. Profit to be paid as annual payments (bonus) and for other purposes; -
8. Retained earnings (loss) at the end of the financial year. 1,858,643
 
 
5. Approval of the Related Parties Transaction Policy.
Taking into consideration provisions of the Article 372 on the Law of Companies of the Republic of Lithuania, to approve the Related Parties Transaction Policy of the special closed-ended type private capital investment company INVL Technology.
To determine that the Related Parties Transaction Policy would come into force after its approval at the General Shareholders Meeting.
 
6. Approval of the new wording of the Depository Services Agreement of the special closed-ended type private capital investment company INVL Technology with SEB bank.
6.1. Taking into account that the investment company‘s management activities are subject to provisions of the Law of the Republic of Lithuania on Collective Investment Undertakings for professional investors and the necessity to harmonise the text of the Depository Services Agreement with the requirements of the specified legal regulation, to approve the new wording of the Depository Services Agreement of the special closed-ended type private capital investment company INVL Technology, replacing the entire text of the Depository Services Agreement.
6.2. To authorise Vytautas Plunksnis, the head of the Private Equity of the management company INVL Asset management, to sign the new wording of the Depository Services Agreement in the name of the special closed-ended type private capital investment company INVL Technology.
 
 Attached:
Audited annual information of INVL Technology for 2017 and management confirmation 
Related Parties Transaction Policy of INVL Technology
Amendment of Depository Services Agreement 
Audit Committee Report