Dear Shareholder of Arco Vara AS
The annual general meeting of shareholders (hereinafter the “AGM”) of Arco Vara AS (hereinafter the “Company”) will be held on 12 May 2011 at 9 am in the conference centre of Sokos Hotel Viru in Tallinn, at Viru väljak 4.
The shareholder of the Company, whose shares represent more than 5% of the Company’s share capital, Baltplast OÜ (hereinafter the “Shareholder”), would like to include the following additional items on the agenda of the AGM based on § 293 (2) of the Commercial Code:
a) A resolution on the conduct of a special audit;
b) A resolution on the legitimacy of Baltplast OÜ’s request for information and requiring the management board to provide information (if the general meeting decides not to conduct a special audit).
Resolution proposals submitted by the Shareholder under § 2931 (3) of the Commercial Code and draft resolutions prepared by the Company’s management board in respect of the additional items on the agenda under § 2931 (6) of the Commercial Code are available for inspection on the Company’s website at http://www.arcorealestate.com/en/investor-info and at the office of Arco Vara AS in Tallinn, at Jõe 2B, on business days from 9 am to 5 pm.
The management board of Arco Vara AS
Shareholders proposald for including additional items and management board opinion