Annual General Meeting Announcement
The Management Board of Enefit Green AS calls for its shareholder's attention regarding the upcoming annual general meeting, which is scheduled to take place on 26 June 2025 at 16:00 (EEST). The venue for this important gathering will be at Enefit Green's head office located at Lelle 22, Tallinn.
Language and Participation
The meeting will be conducted in Estonian. Shareholders who wish to participate should take note that the list of eligible attendees will be finalized 7 days prior to the meeting, specifically on 19 June 2025, as per the Nasdaq CSD (Estonia) settlement system's end of business day.
Registration for the meeting commences at 15:20 on the day of the meeting and will close at 15:50. We encourage shareholders and their representatives to arrive early to facilitate the registration process.
Documentation Requirements
Shareholders are kindly requested to provide necessary documentation during registration:
- Natural person shareholders must present a valid identification document; representatives need to provide a written authorization document in Estonian or English.
- For legal entity shareholders, identity verification is required for both the legal representatives and authorized agents, including proper authorization documentation and potentially a verified extract from the register detailing representation rights.
It is advisable for attendees to present either a passport or an identity card as proof of identity.
Agenda and Proposed Resolutions
Following a resolution by the Supervisory Board, the agenda for the meeting is outlined as follows:
1. Approval of the 2024 Annual Report
The proposal is to approve the annual report of Enefit Green AS for the fiscal year 2024, alongside the management remuneration report.
2. Profit Distribution
As of December 31, 2024, the consolidated retained earnings amount to 236,502 thousand euros, including a net profit of 70,268 thousand euros. The resolution proposes to distribute this profit, allocating funds to a mandatory reserve and retained earnings.
3. Share Takeover for Compensation
The resolution involves approving a takeover by Eesti Energia AS of shares belonging to minority shareholders, offering EUR 3.40 per share.
4. Termination of Share Listing
The final agenda item proposes the termination of the listing of Enefit Green AS shares on the Nasdaq Tallinn Stock Exchange, with a request for appropriate application to the Listing Committee.
Meeting Materials and Further Information
Complete materials for the meeting including the annual reports and relevant documents can be accessed on the Company’s website. Any shareholder with inquiries regarding the agenda can direct their questions to the provided email address.
Shareholders also have rights to request additional items on the agenda or submit draft resolutions ahead of time, ensuring participation in decision-making processes.
Frequently Asked Questions
What is the date and time of the annual general meeting?
The annual general meeting has been scheduled for 26 June 2025 at 16:00 EEST.
Where will the meeting take place?
The meeting will be held at Enefit Green's head office located at Lelle 22, Tallinn.
What documents are required for participation?
Shareholders must present a valid ID and, if applicable, authorization documents for representatives.
How can shareholders submit questions about the agenda?
Questions can be sent via email to the designated address provided in the announcement.
What happens if a shareholder cannot attend the meeting?
Shareholders may submit proxy votes and resolutions ahead of time to ensure their opinions are represented.
