Meeting of 10 November 2016

 

1.   Approval of the new wording of the Articles of Association of special closed-end type real estate investment company INVL Baltic Real Estate.
 
To approve new wording of the Articles of Association of special closed-end type real estate investment company INVL Baltic Real Estate, by replacing the text of the Articles of Association in full.
 
To authorize Egidijus Damulis or Andrius Daukšas (both with a right to reauthorize) to sign the Articles of Association of special closed-end type real estate investment company INVL Baltic Real Estate.
 
2.   Approval of the Management Agreement of special closed-end type real estate investment company INVL Baltic Real Estate with the management company UAB INVL Asset Management.
 
To approve the Management Agreement with the management company UAB INVL Asset Management (legal entity code 126263073, address of the registered office: Gynėjų str. 14, Vilnius, Republic of Lithuania) (enclosed).
 
3.   Selection of the depository of the special closed-ended type real estate investment company INVL Baltic Real Estate.
 
To select AB SEB bankas  (legal entity code 112021238, address of the registered office: Gedimino av. 12, Vilnius, Republic of Lithuania), as a depository of the special closed-ended type real estate investment company INVL Baltic Real Estate.
 
4.   Approval of the Depository Services Agreement of special closed-ended type real estate investment company INVL Baltic Real Estate.
 
To approve the Depository Services Agreement of special closed-ended type real estate investment company INVL Baltic Real Estate with SEB bankas (legal entity code 112021238, address of the registered office: Gedimino av. 12, Vilnius, Republic of Lithuania) (enclosed).
 
5.   Approval of the rules for formation and activities of the audit committee of special closed-end type real estate investment company INVL Baltic Real Estate, election of members of the audit committee and setting remuneration for the independent member of the audit committee.
 
To approve the rules of formation and activities of the audit committee.
 
To elect Danutė Kadanaitė and Tomas Bubinas (independent member of the audit committee) as members of the audit committee of special closed-end type real estate investment company INVL Baltic Real Estate.
 
To set remuneration for the independent member of the audit committee for his work in the audit committee at the hourly rate not higher than EUR 145. To instruct the management company UAB INVL Asset Management (legal entity code: 126263073, address of the registered office: Gynėjų str. 14, Vilnius, Republic of Lithuania) to determine the procedure of payment of the remuneration to the independent member of the audit committee after the issuance of the license for the closed-end type investment company.

 

Investments in the shares of closed-end investment companies (hereinafter may be reffered as “CEF“) are associated with investment risk and others risks specified in the Articles of Association and Prospectus of the closed-end investment company. The value of a company’s shares can both rise and fall, and you may recover less than you invested or even lose the entire invested amount. Past results only show the changes in the value of a company’s shares over a past period. Past results do not guarantee future performance.

The information provided does not encompass all the information disclosed by the company and should be read together with the company’s publicly announced financial and other information. The financial data provided should be evaluated together with the financial statements. The data presented reflect the situation for a past period of time and results for a past period are not a reliable indicator of future performance.

The closed-end investment company and (or) the Management Company of the closed-end investment company does not guarantee the profitability of investments. The latest values of the shares of the closed-end investment company are available on the website bre.invl.com/lit/en. Before making a decision to invest, you should personally or with the help of investment advisors assess the selected closed-end investment company's investment strategy, applicable fees and all investment-related risks. You should also carefully read the closed-end investment company's Prospectus, Rules and Key Investor Information Document and other share distribution dokuments. These documents are available for review on the website bre.invl.com/lit/en.

All the information presented is of a promotional-informative nature and cannot be construed as a recommendation, offer or invitation to invest in the shares of the closed-end investment company. The closed-end investment company and (or) the Management Company of the closed-end investment company is not responsible for any decisions taken by third parties on the basis of information provided in this website alone and assumes no responsibility for expenses or direct or indirect losses experienced when using only this information. The information provided cannot be the basis for any subsequently concluded agreement. Although the content of this information of a promotional nature is based on sources considered to be reliable, the closed-end investment company and (or) the Management Company of the closed-end investment company is not responsible for inaccuracies or changes in the information, or for losses that may arise when investments are based on this information.

The right of investors in the closed-end investment company to demand redemption of shares which they hold is restricted.