Important Updates for the Extraordinary General Meeting of PSR Group AB
In accordance with Articles 25 and 26 of the Law on Companies of the Republic of Lithuania, we are sharing details regarding additional items that will be included in the agenda for the upcoming Extraordinary General Meeting of Shareholders of PSR Group AB. This meeting is crucial for stakeholders and will address vital decisions that could shape the future of the company.
Agenda Overview
The agenda for this Extraordinary General Meeting has been enriched by input from shareholders of PSR Group AB who hold shares that give them at least 1/20 of total voting rights in the company. The meeting will take place at the designated meeting room located at P. Puzino Str. 1. It will commence promptly at 10:00 AM, with registration starting at 9:30 AM. Notably, the record date for the meeting is set for 4 April. Only those who are listed as shareholders by the end of this date will be permitted to participate and vote.
Key Items on the Agenda
Two main issues are set to be discussed during the meeting, with thoughtful draft resolutions proposed for consideration.
Election of the New Board Members
One of the key items on the agenda is the election of a new Board for PSR Group AB, following the completion of the current Board's term. The proposed candidates include a diverse group of professionals:
- Žymantas Baušys - Recommended as an independent board member, he is currently the CEO of UAB "ACC Distribution."
- Aivaras ?i?elis - Born in 1976, he holds a Master’s degree in Economics and Finance from Vilnius University. He has held several Board positions including those with AB "HISK" and AB LTG Cargo.
- Justas Jasi?nas - With a Master’s degree in Law from Mykolas Romeris University, he currently serves on the Board of AB "HISK."
- Lina Simaškien? - Proposed as an independent board member, she holds an engineering degree from Kaunas University of Technology and has experience as CFO of UAB IOCO Packaging.
- Darijus Vil?inskas - A graduate from Vilnius Gediminas Technical University, he has contributed to several companies including UAB "VIP Centras" and UAB "Balance Investments."
Compensation for Board Members
In addition to the election, the agenda also includes discussions on compensation for the newly elected Board of Directors. Two draft resolutions regarding remuneration have been suggested:
1. A proposed salary of 3,300.00 EUR per month for independent board members of PSR Group AB.
2. A suggested salary of 3,300.00 EUR per month for the members of the Board of PSR Group AB.
Contact for More Information
For additional details or inquiries regarding the upcoming meeting, shareholders and interested parties can reach out to:
Tomas Stukas
Managing Director, PSR Group AB
Tel: +370 618 21360
Frequently Asked Questions
What is the purpose of the Extraordinary General Meeting?
This meeting aims to address significant decisions including the election of new Board members and setting remunerations for them.
When and where will the meeting take place?
The meeting is scheduled for 11 April at PSR Group AB's meeting room, starting at 10:00 AM.
Who is eligible to participate in the meeting?
Only those listed as shareholders on the record date, 4 April, can participate and vote.
What are the proposed salaries for the Board members?
The proposed salary is 3,300.00 EUR per month for both the independent board members and the members of the Board of PSR Group AB.
How can shareholders get more information?
Shareholders can contact Tomas Stukas, the Managing Director, at +370 618 21360 for further inquiries.
