AS PREMIA FOODS

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AS PREMIA FOODS Consolidated Unaudited Interim Report for 4 th quarter and 12 months of 2012 Remuneration (including taxes) of the members of the Management and Supervisory Boards of AS Premia Foods and its subsidiaries and other key managers: 28 12m 2012 EUR ‘000 12m 2011 EUR ‘000 Short-term benefits 940 961 Total 940 961 The members of the Management and Supervisory Boards do not get any pension-related rights from the company. The members of the Management Board are entitled to termination benefits. The maximum expense related to payment of termination benefits totals EUR 104 thousand. Note 12. Events after the balance sheet date Mitigating the interest risk On 7 January 2013, the company hedged the risk arising from variable interest rate of the additional long-term investment loan, drawn down on December, by executing an Interest Rate Swap with amortization transaction and fixed the 3 months EURIBOR at the level of 0.785% during the period of 17.07.2013 – 17.07.2017.
AS PREMIA FOODS Consolidated Unaudited Interim Report for 4 th quarter and 12 months of 2012 MANAGEMENT BOARD’S CONFIRMATION TO THE CONSOLIDATED INTERIM REPORT FOR THE 4TH QUARTER AND 12 MONTHS OF 2012 The Management Board confirm the correctness and completeness of the consolidated interim report for the 4th quarter and 12 months of 2012 of AS Premia Foods and its subsidiaries (together the Group) presented in the pages 4 – 28 hereof and confirms to the best of its knowledge that: • The activities report of the consolidated interim report presents adequate and fair overview of the development and results of business activities of the Group and the financial position thereof and includes the description of the main risk factors and uncertainties; • the accounting principles applied in the preparation of the consolidated interim report are in compliance with the International Financial Reporting Standard (IFRS) IAS 34 Interim Financial Reporting as adopted by the European Union; • the consolidated interim report provides a true and fair overview of the assets, liabilities and financial position of the group and of the results of its operations and its cash flows; • AS Premia Foods and its subsidiaries are going concerns. Chairman of Management Board Kuldar Leis digitally signed 19 February 2013 Member of Management Board Silver Kaur digitally signed 19 February 2013 Member of Management Board Katre Kõvask digitally signed 19 February 2013 29
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AS PREMIA FOODS

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