IVL: Resolutions of the General Meeting of Shareholders
Resolutions of the General Meeting of Shareholders
Extraordinary General Meeting of AB Invalda (the “Company”) held on January 12, 2006
passed the following resolutions:
3.1. To change the quantity of Board members from 3 (three) to 4 (four) members.
3.2.1. Amend Article 22 of Company’s bylaws and approve new edition of this Article:
“The Board shall be a collegial management body. The Board shall comprise 4 (four)
members serving a 4-year term. The Board shall elect the Board Chairperson from its
members.”
3.2.2. To make amendments to bylaws of the Company and to approve new edition.
3.2.3. To authorize the Company president to sign the bylaws of the Company and
other documents with amendments made and to register amended bylaws with the
official authorities.
3.3. To recall the Board members of the Company. The Board shall finish its activity from
the day of registration of the amended bylaws.
3.4. Elect Alvydas Banys, Vytaytas Bučas, Dailius Juozapas Mišeikis and Darius Šulnis
to the Board members. New Board shall start its activity from the day of registration of
the amended bylaws.
3.5.1. According to article 63 part 1 of Law on Companies of the Republic of Lithuania,
to approve reorganization of AB Invalda and UAB Pozityvios investicijos by way of merger,
whereby UAB Pozityvios investicijos transfers all its assets and liabilities to AB Invalda.
3.5.2. To authorize the Board of the Company to prepare conditions for reorganization and to
announce them according to the laws until 1 April 2006.
Alvydas Banys
Advisor
