Ukraine. “Slavutich” is going to invest more than 400 million UAH in the company’s development

On April 28, 2011 the general meeting of shareholders of the Public Joint-Stock Company Slavutich Brewery took place. During the meeting, the annual report was approved, it was decided to allocate profits and losses and organizational issues in the company’s activities were settled. The meeting was attended by 20 shareholders and their representatives who hold 94.33% shares of PJSC.

The shareholders elected the Company’s counting commission, defined its terms of power, then heard the reports of the Chief Executive, the Supervisory Board and the Audit Commission and approved them by their decision. The shareholders approved the company’s financial results documenting net profits earned in 2010 at the level of 333 million 854 thousand UAH.

The Meeting also resolved to forward the net profit of 312 million 403 thousand UAH received in 2010 and the net profit of OJSC Lvivska Brewery for 9 months of 2010 (before joining) at the amount of 95,163 UAH to the company’s development and to transfer the remaining funds — 21 million 451 thousand UAH — to the Company’s Reserve Fund.

In addition, the shareholders approved an increase in the authorized capital of the Company’s subsidiary in Moldova. It should be reminded that on April 21, “Slavutich” company acquired the subsidiary Company of “Baltika” in Moldova (the enterprise with foreign capital of “Baltika” Ltd) within the process of integrating the companies of Carlsberg Group in Eastern Europe and became the owner of 100% authorized capital of ?CS “Carlsberg” SRL.

MINUTES No 30
of the General meeting of Shareholders
of Public Joint-Stock Company Slavutich Brewery

Date of the general meeting is April 28, 2011

Place of the general meeting: 6 Georgy
Sapozhnikov Str., Floor 5, the assembly hall of
PJSC Slavutich Brewery, Zaporizhzhya, 69076

Time of the general meeting 14:00 – 16:00

Date of drawing up the list of the shareholders
who are entitled to participate in the general
meeting on April 22, 2011

Total number of the persons put into
the list of shareholders who are entitled to
participate in the general meeting — 2902 shareholders

Total number of the votes of the shareholders —
owners of voting shares of the company
who have registered to participate in the general
meeting (Minutes of the Registration commission of dated April 28, 2011)
20 shareholders and their representatives — 964 465 791 (votes)

Quorum of the general meeting 94,33%

Chairman of the general meeting: Natalya Alexandrovna Bondarenko
Secretary of the general meeting: Vasily Pavlovich Sidorenko

Composition of the registration commission
Chairman of the commission: Natalya Arsentyevna Onishchenko
Members of the commission: Alexander Sergeyevich Kalmykov
Maya Anatolyevna Tokmalayeva

Composition of the counting commission
Chairman of the commission: Natalya Arsentyevna Onishchenko
Members of the commission: Alexander Sergeyevich Kalmykov
Maya Anatolyevna Tokmalayeva

AGENDA:
(The list of issues submitted to voting)
1. Election of the Company’s counting commission and definition of the term of the counting commission.
2. Report of the Company’s Chief Executive.
3. Report of the Company’s Supervisory Board.
4. Report of the Company’s Audit Commission.
5. Decision on the basis of considering the report of the Supervisory Board, the report of the Chief Executive, the report of the Audit commission.
6. Approval of the Company’s annual report.
7. Allocation of the Company’s profits and losses.
8. Approving conditions of agreements with the members of the Company’s Supervisory Board and Audit Commission and setting the amount of their reward.
9. Election of the person who is granted authority to sign contracts with the members of the Company’s Supervisory Board and Audit Commission.
10. Amending the Company’s Charter.
11. Amending the Company’s domestic regulations.
12. Liquidation of the Company’s office in the city of Lviv.
13. Increase in the charter capital of the Company’s subsidiary in Moldova.

CONSIDERATION OF AGENDA

1. Election of the Company’s counting commission

V.P.Sidorenko — specialist on corporate affairs — was heard.
Proposed: to elect the counting commission consisting of
Chairman of the commission: Natalya Arsentyevna Onishchenko
Members of the commission: Alexander Sergeyevich Kalmykov
Maya Anatolyevna Tokmalayeva
To determine the term of the counting commission of three years or until the election of a new counting commission.
Resolved: to elect the counting commission consisting of
Chairman of the commission: Natalya Arsentyevna Onishchenko
Members of the commission: Alexander Sergeyevich Kalmykov
Maya Anatolyevna Tokmalayeva
To determine the term of the counting commission of three years or until the election of a new accounting commission.