On the 21st of September 2010 the Extraordinary General Shareholders Meeting of Vilniaus baldai AB adopted the following resolution:
Item 1 of the agenda: regarding election of the audit company and setting the conditions of payment for the audit services.
Resolution:
1.1. To elect joint-stock company PricewaterhouseCoopers, code 111473315, located at municipality of Vilnius city, Vilnius, J. Jasinskio str. 16B, audit company‘s certificate No. 001273, to audit annual financial statements of the financial years 2010-2011.
2.1. To set the conditions of payment for the audit services:
2.1.1. the main remuneration for the audit of each year’s set of annual financial statements – 75 000 LTL (seventy five thousand Litas) for each year. VAT is not included in this amount and is calculated and paid additionally according to the laws;
2.1.2. in case additional services are provided under the agreement on audit services, additional remuneration is paid to the audit company. Additional remuneration is determined according to join-stock company PricewaterhouseCoopers employees who are involved in providing additional services hourly rates;
2.1.3. additional remuneration is paid after the additional services are provided.