2014-04-04 08:13:34 CEST

2014-04-04 08:14:35 CEST


REGULATED INFORMATION

English Lithuanian
Apranga APB - Notification on material event

Draft resolutions of the Annual General Meeting of APB APRANGA shareholders to be held on April 29th, 2014 


Vilnius, Lithuania, 2014-04-04 08:13 CEST (GLOBE NEWSWIRE) -- Draft agenda and
draft resolutions for the Annual General Meeting of APB APRANGA (hereinafter
“Company”) shareholders to be held on April 29th, 2014 proposed by the Board of
the Company: 

1. Consolidated annual report on the activities of the Company in 2013.

Draft resolution:

Taken for the information consolidated annual report of the Company for the
year 2013, prepared by the Company, assessed by the auditors and approved by
the Board. 

2. Auditor's report on the Company's financial statements and annual report.

Draft resolution:

Taken for the information.

3. Approval of the Consolidated and Company's financial statements for the year
2013. 

Draft resolution:

Approve the annual Consolidated and Company‘s financial statements for the year
2013. 

4. Company's profit (loss) allocation for the year 2013.

Draft resolution:

Allocate the Company's profit (loss) for the year 2013 according to the draft
of profit (loss) allocation presented for the Annual General Meeting of
shareholders (Annex 3). 

5. Election of firm of auditors and establishment of the terms of remuneration
for audit services. 

Draft resolution:

Elect UAB “PricewaterhouseCoopers” as APB APRANGA firm of auditors for the year
2014. Set the amount of the fee payable for audit services for the year 2014 -
not more than LTL 91000 plus VAT. Authorize the Company's CEO to sign the audit
services agreement with firm of auditors. 

6. Election of board members.

Draft resolution:

Elect members of the board of the Company for new 4-year term from the
candidates nominated by Company‘s main shareholder (UAB MG Baltic Investment,
which has more than 50% of votes): 

6.1. Darius Juozas Mockus;

6.2. Vidas Lazickas;

6.3. Marijus Strončikas;

6.4. Rimantas Perveneckas;

6.5. Ilona Šimkūnienė;

6.6. Ramūnas Gaidamavičius.

7. Election of the independent member of the Audit committee, approval of Audit
committee composition, approval of remuneration of the independent member of
the Audit committee. 

Draft resolution:

7.1. To approve APB APRANGA Audit committee of 2 members for the new 4-year
term: 

7.1.1. the deputy of CFO Rasa Rulevičiūtė - the employee of Company's
administration -appointed by the Board of the Company as a member of the Audit
committee for the new 4-year term; 

7.1.2. To appoint Daiva Paulavičienė as the independent member of the Audit
committee for the new 4-year term. 

7.2. Not to remunerate the independent member of the audit committee.



ENCLOSED:

Annex No.1. Consolidated and Company's annual report, annual financial
statements of the year 2013 and the Auditor's conclusion on the financial
statements; 

Annex No.2. Confirmation of persons responsible for the financial statements;

Annex No.3. Draft of profit (loss) allocation for the year 2013;

Annex No.4. General voting ballot.




         Rimantas Perveneckas
         Apranga Group Director General
         +370 5 2390801