Minutes from a General shareholders meeting

Minutes from a General shareholders meeting

Company: Sirma Group Holding AD-Sofia (SGH)
The regular General Meeting of Shareholders of Sirma Group Holding dated 24 June 2022 has passed the following resolutions:
- Approval of a decision of the Board of Directors of Sirma Group Holding to dispose of its shares in the capital of Sirma AI JSC, under the following terms of the transaction:
1) Buyer: New Frontier Technology Invest SARL
2) Sirma Group Holding will receive for the sale of 517,901 shares of the capital of Sirma AI JSC EUR 6,600,714.
- Adoption of the report of the managing bodies on the company's activity in 2021
- Adoption of the 2021 individual and consolidated annual financial reports of the company
- Adoption of the reports of the registered auditor on the verification of the 2021 annual financial reports of the company
- Report of the Audit Committee for 2021
- Report on the implementation of the remuneration policy for the members of the managing bodies
- Adoption of payment of short-term variable remuneration to the members of the Board of Directors
- Release from liability of the members of the managing bodies for their activity in 2021
- Election of a registered auditor for 2022
- Election of an Audit Committee and fixing its mandate
- Changes within the managing bodies of the company:
Releasing Petar Statev and electing Veselin Kirov, Yavor Dzhonev, Martin Paev and Peyo Popov as members of the Board of Directors with the remuneration and mandate of the current Board of Directors members
- Amendments to the Statutes of the company
- Allocation of the 2021 profit of BGN 1,034,415.82 as follows:
1) Allocation of BGN 103,441.58 to the Reserve Fund
2) Covering the accumulated loss before 2015 of BGN 13,669.81 at the expense of funds from the retained earnings from prior periods
3) Gross dividend distribution to the shareholders of BGN 1,400,000 in total at the expense of (i) the remainder of the 2021 profit of BGN 930,974.24 and (ii) BGN 469,025.76 from the retained earnings from prior periods
- Assigning the Board of Directors with the preparation and presenting to the shareholders of dividend distribution policy in Sirma Group Holding
The right to a dividend will be entitled to all shareholders registered with the central securities register on the 14th day following the GMS date, i.e. by 08 July 2022 (Record Date).
The final date for transacting shares of this company on the Exchange, as a result of which the holder will be entitled to receive a dividend, will be 06 July 2022 (Ex-Dividend Date: 07 July 2022).
The Record of Proceedings taken at the company's GMS is available on the website of the Exchange.
The entire piece of news is published on the financial website X3News.