Annual General Meeting of LBI ehf.
The Annual General Meeting of LBI ehf., kt. 540291-2259, is hereby convened to be held at Hilton Reykjavík Nordica, Suðurlandsbraut 2, Reykjavik, Thursday 14 April 2016 and will start at 10:00 am.
The agenda for the meeting will be as follows:
- A report from the Board of Directors on Company activities during the year 2015.
- Annual financial statements for 2015, together with a report from the auditor, submitted for approval.
- A decision on the payment of a dividend and the treatment of profit or loss during the year 2015.
- Motions for amendments to the Articles of Association, if any have been received.
- Elections to the Board of Directors.
- Election of an auditor.
- A decision on the compensation of Directors for the coming term.
- A proposal from the Board of Directors on a remuneration policy submitted to the meeting for approval.
- Any other business, including the following:
a. Unaudited interim financial statements for Q1 2016.
b. Financial information and development report for Q1 2016.
c. Presentation of the Initial Budget (as defined in Condition 4.7 of the Terms and Conditions for the Bonds) for Shareholder approval.
The meeting is convened and held in accordance with the Articles of Association for the company and the relevant provisions of the Act on Private Limited Companies No. 138/1994. Proposals to the meeting shall be presented to the company no later than one week before the meeting commences. Further information on the agenda items and proposals will be available for inspection by shareholders at the offices of the Company and on the Bondholder Website one week in advance of the meeting.
Reykjavík 23 March 2016,
On behalf of LBI ehf.
Halldór H. Backman