EBI report no. 1 /2013 Dated 1 July 2013
AviaAM Leasing AB (the “Company") hereby informs about the Company's partial non-compliance with the Code of Best Practice for WSE Listed Companies (“WSE Corporate Governance Rules").
The Company acknowledges the importance of good corporate governance and intends to seek the compliance with the WSE Corporate Governance Code to the extent possible. Especially, the Company intends to be as transparent as it is legally and practically possible using multilingual Company’s website. Moreover, the majority members of the Supervisory Council are independent. However, due to, inter alia, differences between Polish and Lithuanian Corporate Law the Company will not comply with the following rules of the WSE Corporate Governance Code
Legal grounds: § 29.3 of the Warsaw Stock Exchange Rules.