Sakret Holdings: Extraordinary Shareholders' Meeting of JSC SAKRET HOLDINGS

The Company informs that the Extraordinary General Meeting of Shareholders was
convened on March 25, 2020, with the agenda of additional loan from JSC
BlueOrange Bank. 

The Extraordinary General Meeting of Shareholders of the Company has resolved
to approve the Board's decision of the Company's subsidiary SIA "Sakret",
registration no. 40003622109, legal address: "Ritvari", Rumbula, Stopinu
county, LV-2121, with regards to the additional loan in the amount of 400 000
EUR (four hundred thousand euros) from AS BlueOrange Bank, unified registration
no. 40003551060, as well as amendments to the collateral agreements provided by
the Company to secure the obligations of SIA Sakret in connection with the
above mentioned additional loan. 

Negotiations with AS BlueOrange Bank on raising additional financing for
working capital were started in December 2019.The Company is currently
operating in accordance with pre-approved plans and is therefore unrelated to
the COVID-19 coronavirus. 


         A.Ziedonis
         Member of the Board
         mob. + 371 28459577