2010: Procedure for adding items to the agenda and presenting draft resolutions
Shareholders, whose share ownings represent at least 1/20 of the share capital, may request for additional items to be included on the agenda, if the respective request is submitted in writing at least 15 days prior to the annual general meeting, by the close of business (17.00 Estonian time) on 30th of April 2010 at the very latest.
A respective proposal of resolution or explanation must be submitted in writing or electronically with each additional annual general meeting agenda item proposal.
The annual general meeting allows the presentation of questions that are within the competence of the annual general meeting according to Commercial Code § 298.
In case an additional agenda item is proposed without a proposal of resolution or explanation, then the proposal has not been submitted according to requirements in compliance with the law and such a proposal can not be considered, therefore it will not be regarded as an additional agenda item at the annual general meeting.
Shareholders, whose share ownings represent less than 1/20 of the share capital, may present their proposals of resolutions to each agenda item, both those in the annual general meeting notice and also the additional agenda items of other shareholders, in writing not later than 3 days before the annual general meeting, by the close of business (17.00 Estonian time) on 14th of May, 2010. Draft resolutions proposals must be submitted by post or electronically so that they would reach AS Tallinna Vesi by the close of business (17.00 Estonian time) on 14th of May, 2010.
The additional agenda item proposals sent to the Company in accordance with the law and the proposals of resolutions and explanations of existing and additional agenda items are published on the Company’s website on the working day after receiving the proposal, also identifying the name of the shareholder who submitted the proposal. The numeration of additional agenda items begins with item 6, ie additional agenda items will be added to the numeration of existing agenda items.
The chairman of the annual general meeting will introduce all agenda items, both existing and additional agenda items and respective proposals of resolutions or explanations in accordance with the law in the beginning of the annual general meeting when introducing the agenda.
The agenda items and respective proposals of resolutions or explanations presented in the notice and also the additional agenda items and draft resolutions or explanations that are in accordance with the law are available for reading at the headquarters of AS Tallinna Vesi at Ädala 10, Tallinn at the Legal department until 17th May 2010 (inclusive) from 10.00–12.00am and from 2.00–4.00pm on each working day.