Decisions of the Shareholder’s Meeting of Latvenergo AS

Yesterday, on 18 October, an Extraordinary Shareholder’s Meeting of Latvenergo AS was held, and a decision was taken to pay additional dividends to the State in the amount of EUR 18,547,423.00 from the undistributed profit of 2022. The paid additional dividends will be directed to the reduction of the extraordinary increase in the energy prices.

The holder of all Latvenergo AS capital shares is the Ministry of Economics of the Republic of Latvia, whose interests at the Shareholder's Meeting are represented by the State Secretary of the Ministry of Economics or by his authorized representative. The decision of the Shareholder's Meeting was adopted unanimously.