Merging company

Notice of meeting of the public limited company

The Board of Directors of Joint Stock Company “Latvijas Gāze”, registration number: 40003000642, legal address: Aristida Briana iela 6, Riga, LV-1001, Latvia (hereinafter – the company) convenes and announces that the he annual general meeting of shareholders of the company will be held on June 27, 2022 at 10:00 a.m. at 20 Vagonu Street, Riga, Latvia and using electronic means of communication.

Agenda:

  1. Reports of the board of directors, the board and the audit committee, and opinion of the approved auditor.
  2. Approval of the 2021 annual report.
  1. Breakdown of profit for 2021
  2. Approval of the accounts for the 1st quarter of 2022
  3. Payment of exceptional dividends
  1. Election of the auditor and determination of the remuneration of the auditor.

The Company’s Management Board will offer shareholders the possibility of voting before the meeting and of connecting to the meeting remotely, without physical presence.

The record date for participation in the Annual General Meeting of Shareholders of the Company is June 15, 2022. Only persons who are shareholders on the record date with the amount of shares they hold on the date of registrants have the right to participate in the Annual General Meeting. General Meeting of Shareholders of the Company to be held on June 27, 2022.

Voting before the general meeting

We invite all shareholders to attend the meeting in written mode remotely, by completing a voting form available by e-mail on simple request (by sending the request to the e-mail address: [email protected]). The voting form is also available on the Company’s website www.lg.lv General Meetings page, on the website of the regulated information storage center – csri.investinfo.lv and the website of the joint-stock company “Nasdaq Riga” – www.nasdaqbaltic.com .

Please send the completed voting form to:

  • electronically signed with a qualified electronic signature at the Company’s email address [email protected]; or
  • in signed paper form at the company’s postal address: Aristida Briana iela 6, Riga, LV-1001, Latvia. In this case, the voting form must be notarized or the details of the shareholder/proxy (telephone number and e-mail addresses) must be attached in order to allow the Management Board of the Company to identify the shareholder.

Shareholders have the right to participate in the meeting (including by completing and submitting the voting form) in person or through their legal representatives or authorized persons. The authorized person must attach the power of attorney to the voting form or present it in person, the legal representatives of foreign legal entities must attach the document justifying the right of representation to the voting form or present it in person. The written proxy form is also available on the Company’s website – www.lg.lv General Meetings page, on the website of the regulated information storage center – csri.investinfo.lv and the website of the joint-stock company “Nasdaq Riga” – www.nasdaqbaltic.com .

Shareholders who voted before the general meeting may ask the Company to acknowledge receipt of the voting form. The Company will send the shareholder a confirmation without delay after receipt of the shareholder voting form.

All duly completed voting forms received by the Company by June 26, 2022 will be counted.

Meeting of shareholders

In order to register to participate in the general meeting, a shareholder must submit an application which is available by e-mail upon request (by sending the application to the e-mail address: [email protected]) and attach a copy of his passport or personal identity card. The application is also available on the Company’s website www.lg.lv General Meetings page, on the website of the regulated information storage center – csri.investinfo.lv and the website of the joint-stock company “Nasdaq Riga” – www.nasdaqbaltic.com.

We kindly ask you to send the completed application together with a copy of the passport or personal identity card to:

  • electronically signed with the qualified electronic signature at the Company’s email address [email protected]; or
  • in signed paper form at the company’s postal address: Aristida Briana iela 6, Riga, LV-1001, Latvia.


Shareholders must be registered to participate in the meeting if they duly request to participate until June 21, 2022 12:00 p.m. Shareholders will receive access information to the online meeting via the e-mail indicated in the request form. Prior to the meeting, the board of directors of the company will proceed with the identification of the shareholder on the basis of the submitted copy of the passport or personal identity card by comparing it with the original of the document presented by shareholder or representative. Voting at the meeting will be possible by electronic means of communication using the Microsoft Teams online solution.

The registration of shareholders present will be carried out on the day of the general meeting at the place of the meeting from 9:30 to 10:00 a.m.

Shareholder rights

Within 5 days of receipt of the notification or within 7 days of publication of the notice convening the general meeting, shareholders representing at least 1/20 of the company’s share capital have the right to demand of the institution convening the general meeting, to include additional items on the agenda of the meeting. Supplementary items on the agenda together with proposed resolutions on the items, or an explanation of the items for which no resolution is intended for adoption, shall be submitted to the Management Board of the Company.

Shareholders have the right to submit draft resolutions on matters on the agenda of the general meeting within 7 days of publication of the notice convening the general meeting. Shareholders have the right to submit draft resolutions on matters on the agenda of the general meeting in session, if all the draft resolutions submitted to the general meeting have been examined and rejected.

If a shareholder submits a written request to the Board at least 7 days before the general meeting, the Board will provide him with the required information on the issues on the agenda at least 3 days before the general meeting. At the request of the shareholders, the board of directors will provide the shareholders’ meeting with information on the economic situation of the company to the extent necessary to objectively consider and adopt a resolution on the respective matter on the agenda.

The shareholders of the Company can familiarize themselves with the annual report of the Company, the financial statements for the 1st quarter of 2022, the proposal of the board of directors on the distribution of profits, the payment of extraordinary dividends and the draft decisions as well as receive additional information and provide suggestions and ask questions on the agenda from June 13, 2022 until June 26, 2022 on working days electronically only by sending a request to the email: [email protected].

Information on the general meeting and shareholders’ rights is also available on the Company’s website. www.lg.lv General Meetings page, on the website of the regulated information storage center – csri.investinfo.lv and the website of the joint-stock company “Nasdaq Riga” – www.nasdaqbaltic.com.

The total amount of shares and the total amount of voting shares of the company is 39,900,000.

The Board of Directors of Joint Stock Company “Latvijas Gāze”

More information:
Sandra Joksta
Telephone +371 67 374 369,
Email: [email protected]

On the JSC “Latvijas Gāze”

Latvijas Gāze is one of the leaders in the Baltic energy industry.

Our goal is to consolidate Latvijas Gāze Group’s leading position in the Latvian and Baltic energy market by becoming customers’ first choice among natural gas suppliers and providing the most reliable natural gas supply for all the region.

The wholesale trade and sale of natural gas to professional customers takes place in Latvia, Lithuania and Estonia. Following the opening of the Finnish gas market on January 1, 2020, Latvijas Gāze also successfully launched natural gas trading in Finland. In the household segment, Latvijas Gāze is the largest and most important natural gas trader in Latvia.

After Latvia regained its independence in 1991, a joint public company “Latvijas Gāze” was created by merging Latvian gas infrastructure and institutions. The privatization of the company began in 1997 and was completed in 2002. Since February 15, 1999, shares of JSC “Latvijas Gāze” have been listed on the Nasdaq Riga stock exchange. Given the requirements of the European Union for the establishment of the natural gas market and the expiry of the privatization agreement between the State and the shareholders of Latvijas Gāze, the unified transport and storage operator JSC “Conexus Baltic Grid” was separated from Latvijas Gāze at the beginning of 2017, followed by the separation of the distribution system operator JSC “Gaso” on December 1, 2017.