Annual General Meeting of Arco Vara AS

Core Points - The annual general meeting of Arco Vara AS is scheduled for June 5, 2025, at 5:15 PM in Tallinn [1] - The agenda includes the approval of the annual report for 2024, distribution of profit and dividend payment, and approval of management remuneration principles [2][3] - The proposed dividend is EUR 0.02 per share, with a payment date set for November 12, 2025 [4] - The meeting will also address the extension of the Supervisory Board's authorizations and the approval of their remuneration [5][6] - An amendment to the Articles of Association is proposed to adjust the minimum and maximum share capital [7] - A directed share issue is planned to raise capital for the acquisition and development of the Luther Quarter, involving new investors [7][8] - The share capital increase will involve issuing 6,980,000 new ordinary shares at an issue price of EUR 2.5 per share [8] - Shareholders can submit questions and proposals regarding the agenda items via email, with specific deadlines for submissions [10][11] Financial Details - The company plans to cover a net loss of EUR 624 thousand from retained earnings [4] - The new share capital after the proposed increase will be EUR 12,157,856.90 [8] - Alarmo Kapital OÜ will subscribe to 2,100,000 shares, contributing EUR 5,250,000 [8] - Luther Factory OÜ and Luther Factory Holding OÜ will also subscribe to significant portions of the new shares, contributing EUR 8,274,997.50 and EUR 3,925,002.50 respectively [8]