RESOLUTIONS of extraordinary general meeting of shareholders of VALMIERAS STIKLA ŠĶIEDRA, AS to be held on December 27, 2021

1. Increase of nominal value of shares and related to it changes in the share capital.

To approve the increase of the nominal value of one share of the joint stock company VALMIERAS STIKLA ŠĶIEDRA from EUR 0.10 uz EUR 2.00.

To approve the reduction of the share capital of the joint stock company VALMIERAS STIKLA ŠĶIEDRA as a result of changes in the nominal value of the share.

To approve the regulations for the reduction of the share capital of the joint stock company VALMIERAS STIKLA ŠĶIEDRA and to reduce the share capital of the joint stock company VALMIERAS STIKLA ŠĶIEDRA in accordance with provisions of Section 262 Paragraph 1 Clause 1 of the Commercial Law, by the Company acquiring and cancelling its own shares.

2. Amendments to the Articles of Association.

To approve the new wording of the Articles of Association, providing the change of the nominal value of the share of the joint stock company VALMIERAS STIKLA ŠĶIEDRA from EUR 0.10 to EUR 2.00 and changes in the share capital as a result of the reduction of the share capital.

Valmiera, December 27, 2021
Chairman of the Management Board S. Jugel
Member of the Management Board Ģ. Vēveris

* The photo is illustrative