Key Information on Telia Lietuva's Upcoming AGM in 2025

Important Details About Telia Lietuva's Annual General Meeting

Telia Lietuva, AB has announced significant details regarding its upcoming Annual General Meeting (AGM). Set to take place on April 28, 2025, at the company's headquarters, this meeting is crucial for shareholders to stay informed and involved in the decision-making process of the company.

Correction of the Meeting Date

Originally scheduled for April 21, 2025, the General Meeting of Shareholders has been corrected to April 17, 2025, due to the Easter holiday. This change is important for all shareholders to note, as it affects their rights to participate in the meeting.

Engagement in the General Meeting

Shareholders wishing to attend the AGM are encouraged to arrive early, as registration will occur from noon until 12:30 PM. The agenda will feature various key points, including the approval of annual financial statements for the previous year and the allocation of profits. Engaging in such discussions allows shareholders to understand the company's performance better and to influence future decisions.

Voting Rights and Participation

Active participation is vital as shareholders holding shares that grant a minimum of 1/20 of total voting rights can propose additional agenda items or draft resolutions. This provision empowers shareholders to have a say in the company's operations. The rights accounting day will occur on May 13, 2025, meaning that shareholders as of this date will hold proprietary rights at the AGM.

Proxy Voting and Electronic Communication

For those unable to attend the meeting in person, proxy voting is an available option. Shareholders can authorize a person to vote on their behalf. Notably, electronic communication methods are allowed for issuing power of attorney, providing more flexibility for participants. However, it's important to confirm these arrangements ahead of time by notifying the company.

Materials and Documentation

Documentation and materials relevant to the meeting's agenda are available for shareholders. They can review draft resolutions and other pertinent documents at the company's headquarters or on its official website. This access ensures that all shareholders are fully informed and can make educated decisions.

Agenda for the Meeting

The proposed agenda will cover several pivotal points, including:

• Presentation by the Company’s auditor
• Approval of the annual financial statements for 2024
• Allocation of the Company’s profit for the year 2024
• Approval of the Remuneration Report for 2024
• Amendments to the Remuneration Policy for the CEO and Board of Directors
• Discussion on remuneration for audit services
• Election of Board members
• Implementing decisions made

Addressing these topics will significantly impact the future trajectory of Telia Lietuva. Each item on the agenda is an opportunity for shareholders to weigh in on critical company strategies.

Final Reminders for Shareholders

As April 17 approaches, shareholders are reminded to prepare their identification and any necessary documents to ensure a smooth registration process. It is essential that those attending are informed about their voting rights and the procedures involved in proxy voting.

Frequently Asked Questions

What is the date and time for the AGM?

The AGM will be held on April 28, 2025, starting at 13:00.

How can I participate in the AGM if I can't attend in person?

You can authorize a proxy to vote on your behalf or submit a voting ballot in advance.

Where can I view the meeting materials?

Meeting materials are available at Telia Lietuva's headquarters or on the official company website.

What happens if I miss the registration period?

Late arrivals may miss the opportunity to register and vote, so it’s crucial to arrive on time between noon and 12:30 PM.

Can I still ask questions during the AGM?

Yes, shareholders are encouraged to ask questions, either beforehand or during the meeting.

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