Notice to convene annual general meeting of shareholders
AS Silvano Fashion Group (registry code 10175491, address Tartu mnt 2, 10145
Tallinn) calls the annual general meeting of shareholders on 22 May 2008, at
9.00 at Akadeemia tee 33, Tallinn.
The agenda of the annual general meeting will be as follows:
1. Procedural issues;
2. Approval of the annual report;
3. Distribution of profit;
4. Recalling a member of the Supervisory Board and election of new members of
the Supervisory Board;
5. Appointment of auditor and determining the auditor's remuneration procedure.
The Supervisory Board of AS Silvano Fashion Group (hereinafter SFG) has approved
the agenda of the general meeting proposed by the Management Board and will make
the following proposals to the shareholders:
1. Approval of the Annual Report
The Supervisory Board of SFG proposes to the general meeting of SFG to vote for
the approval of the annual report of SFG on the financial year 1 January 2007 -
31 December 2007.
2. Distribution of Profit
The Supervisory Board of SFG proposes to the annual general meeting of SFG to
vote for not distributing the profit of the financial year 1 January 2007 - 31
December 2007.
3. Election of a member of the Supervisory Board
The Supervisory Board of SFG proposes to the annual general meeting of SFG to
vote for recalling a current member of the Supervisory Board Jaak Raid. The
Supervisory Board of SFG proposes to the annual general meeting to vote for the
prolongation of the authorities of a current member of the Supervisory Board
Indrek Rahumaa for the following 5-year period. The Supervisory Board of SFG
proposes to elect Priit Põldoja and Pavel Daneyko as new members of the
Supervisory Board.
4. Election of the auditor
The Supervisory Board proposes to the annual general meeting of SFG to vote for
electing the current auditor of SFG KPMG Baltics AS as the auditor of SFG and to
determine the auditor's remuneration procedure in accordance with the valid
price list and price offer of KPMG Baltics AS.
The list of shareholders having the right to vote at the general meeting will be
fixed on 9 May 2008 at 23.59. Registration for the meeting shall start at 8.30
on the day of the meeting at Akadeemia tee 33, Tallinn. To participate in the
meeting, a representative of a shareholder that is a legal person is requested
to submit documents evidencing his/her representation rights, i.e. a member of
the management board of a legal person will have to submit a copy of the
Commercial Register registration card, and an authorised representative will
have to submit a power of attorney issued by the management board or a body
replacing the management board together with a copy of the Commercial Register
registration card. The representative shall also submit an identity document.
We kindly ask a shareholder who is a natural person to submit an identity
document and a representative is also requested to submit a power of attorney.
It is possible to examine the annual report and curriculum vitae's of the new
members of the Supervisory Board as of 1 May 2008 on the company's webpage at
http://www.silvanofashion.com and on the webpage of NASDAQ OMX Tallinn Stock
Exchange, and on working days between 9.00 and 17.00 at Akadeemia tee 33,
Tallinn. Questions on the points in the agenda of the general meeting can be
submitted by e-mail info@silvanofashion.com or by calling +372 671 0700.
Management Board of AS Silvano Fashion Group