The resolutions of the Ordinary General Shareholders Meeting of Invalda INVL

The resolutions of the Ordinary General Shareholders Meeting of the public joint stock company Invalda INVL held on 30 April 2020:

1. Presentation of the public joint stock company Invalda INVL consolidated annual report for 2019.
Shareholders of the public joint stock company Invalda INVL are presented with the consolidated annual report of the Company for 2019. There is no voting on this issue of agenda.

2. Presentation of the independent auditor's report on the financial statements and consolidated annual report of the public joint stock company Invalda INVL.
Shareholders of the public joint stock company Invalda INVL are presented with the independent auditor's report on the financial statements and consolidated annual report of the Company. There is no voting on this issue of agenda.

3. Approval of the consolidated and stand-alone financial statements for 2019 of the public joint stock company Invalda INVL.
To approve the consolidated and stand-alone financial statements for 2019 (attached) of the public joint stock company Invalda INVL.

4. Resolution regarding profit distribution of the public joint stock company Invalda INVL.
To distribute profit of the public joint stock company Invalda INVL as follows (thousand EUR):

1) Retained earnings (loss) at the beginning of the financial year of the reporting period;	45,582
2) Net profit (loss) for the financial year;	20,827
3) Profit (loss) not recognized in the income statement of the reporting financial year – impact of applied new standards;
4) Transfers from reserves;	0
from the reserve for the acquisition of own shares
from the mandatory reserve
from share premium
from share based payments reserve
5) Shareholders contribution to cover loss (if all or part of loss is covered by the shareholders)	0
6) Distributable profit (loss) in total;	66,409
7) Profit transfers to the legal reserves;
8) Profit transfers to the reserves for own shares acquisition
9) Profit transfers to the reserve for granting equity incentives
10) Profit to be paid as dividends*;	(9,288)
11) Profit to be paid as annual payments (bonus) and for other purposes;	0
12) Retained earnings (loss) at the end of the financial year.	57,121

      * Allocated EUR 0.80 per share