Dear Shareholder of Arco Vara AS,
Arco Vara AS (registry code 10261718; located at Tallinn, Jõe 2B) shareholders ordinary general meeting will take place on May 13th 2010 at 9:00AM in Tallinn, Liivalaia 33, at the Reval Hotel Olümpia Conference Center.
The agenda of the general meeting:
1. Approval of the year 2009 annual report
The Council of Arco Vara proposes the annual report for 2009 be approved.
2. Profit allocation
2.1 The Council of Arco Vara proposes covering the loss as of 31.12.2009 in the amount of EUR 20 733 705 (EEK 324 412 000) from the future profits.
3. Appointment of auditor
3.1 The Council of Arco Vara proposes the shareholders appoint one auditor for one year (until the next ordinary shareholders general meeting) and appoint Eero Kaup such auditor.
3.2. The Council of Arco Vara proposes the auditor be paid for auditing the 2010 annual report according to an agreement to be signed between the company and KPMG Baltics AS.
Materials of shareholders ordinary meeting of Arco Vara AS are available through internet website of Arco Vara http://www.arcorealestate.com/en/investor-info or at the office of Arco Vara AS in Tallinn, at Jõe street 2B, on workdays from 9:00AM till 5:00PM.
The list of shareholders entitled to participate at the annual general meeting shall be determined at 7 days prior to the meeting.
Registering to participate in the meeting will convene at 8:45AM on May 13th 2010.
To register, we kindly ask shareholders to present an ID document and the representative of the shareholder additionally to present also a signed Power of Attorney or documents validating representation.
Management Board of Arco Vara AS
Materials of shareholders ordinary meeting you can find here.