The resolutions of the General Ordinary Shareholders Meeting (hereinafter - the Meeting) of special closed-ended type real estate investment company INVL Baltic Real Estate (hereinafter - the Company) that was held on 24 April 2026:
1. Presentation of the Company's consolidated annual management report for 2025
1.1 Shareholders of the Company were presented with the consolidated annual management report of the Company for 2025 (attached) (there is no voting on this issue of agenda).
2. Presentation of the independent auditor's report on the financial statements and consolidated annual management report of the Company
2.1. Shareholders of the Company were presented with the independent auditor's report on the financial statements and consolidated annual management report of the Company (attached) (there is no voting on this issue of agenda).
3. Presentation of the Company's investment committee's recommendation on the draft of the profit (loss) distribution (including the formation of the reserve) and the draft of the information about remuneration
3.1. Shareholders of the Company were presented with the independent auditor's report on the financial statements and consolidated annual management report of the Company (attached) (no resolution is adopted on this agenda item).
4. Regarding the assent to the information about remuneration of the Company, as a part of the consolidated annual management report of the Company for the year 2025
4.1. To assent to the information about remuneration of the Company, as a part of the consolidated annual management report of the Company for the year 2025 (attached).
5. Approval of the consolidated and stand-alone financial statements for 2025 of the Company
5.1. To approve the consolidated and stand-alone financial statements for 2025 of the Company.
6. Deciding on profit distribution of the Company
6.1. To distribute profit of the Company as follows:
Items
Retained earnings (loss) at the beginning of the reporting financial year
Net profit (loss) for the financial year
Profit (loss) not recognised in the statement of profit or loss
Shareholders' contributions to cover the Company's losses
Distributable result - profit (loss) - at the end of the financial year
Transfers from reserves
Distributable profit (loss) in total
Profit appropriation:
- to legal reserves
- to the reserve for acquisition of own shares
- to other reserves
- dividends*
- annual payouts (tantjemos), bonuses and other purposes
Retained earnings (loss) at the end of the financial year
(thousand EUR)
6,977
3,667
-
-
10,644
-
10,644
-
-
-
(714)
-
9,930
*0.09 EUR is paid per share
7. Presentation of the Company's Management Company's notice regarding the share repurchase price
7.1. Shareholders of the Company were presented with the Company's Management Company's notice regarding the share repurchase price (attached) (no resolution is adopted on this agenda item).
8. Establishment of the procedure for the acquisition of own shares
8.1. To use the formed reserve (or part thereof) for the acquisition of own shares and, having assessed the economic usefulness, to acquire shares of INVL Baltic Real Estate under the conditions set out below:
8.2. To initiate a reduction of the Company's authorised capital by cancelling the shares acquired by the Company only if the nominal value of the own shares acquired and held by the Company exceeds 1/10 of the authorised capital.
8.3. To establish that after adopting this resolution the resolution of the General Meeting of Shareholders of 30 April 2025 regarding the acquisition of the Company's own shares shall cease to be effective.
9. Presentation of the Report of the Audit Committee of the Company
9.1 In accordance with the rules of procedure of the Audit Committee of the Company (approved on 30 April 2025 by decision of the General Meeting of Shareholders of the Company), the shareholders are hereby briefed on the activity report of the Audit Committee of the Company (attached) (there is no voting on this issue of agenda).
Contact:
Real Estate Fund Manager of Management Company
Vytautas BakSinskas
E-mail vytautas.baksinskas@invl.com
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