Convocation of General Meeting of Shareholders of AB Kauno

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News Desk 2018
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Convocation of General Meeting of Shareholders of AB Kauno Energija

General Meeting of Shareholders of AB Kauno Energija (code of enterprise 235014830, address Raudondvario av. 84, Kaunas) is convoked on 28 April 2017 by the decision No 2017-7-2 of 3 April 2017 of Company’s Management Board “Regarding Convocation of General Meeting of Shareholders of AB Kauno Energija and announcement of agenda and resolutions projects on agenda issues”.

The date of General Meeting is 28 April 2017, Friday. Time – 10 a.m. Place – Company’s hall at Raudondvario av. 86A (first floor), Kaunas, Lithuania. Registration of shareholders starts at 9.30 a.m.

The agenda and the resolutions projects for the General Meeting of Shareholders:

1. Approval of Consolidated and Company‘s financial statements of the year 2016, prepared according to the International financial reporting standards accredited to use in European Union, presented along with consolidated Annual Report and Conclusion of independent auditor.

Resolution project – to approve the audited AB Kauno Energija consolidated and Company‘s financial statements of the year 2016, prepared according to the International financial reporting standards accredited to use in European Union (included).

2. Allocation of AB Kauno Energija profit (loss) of the year 2016.

Resolution project – to allocate AB Kauno Energija profit (loss) of the year 2016 in accordance to the profit (loss) allocation project provided to the General Meeting of Shareholders by the Management Board of AB Kauno Energija (included).

AB Kauno Energija shall not provide the possibility to participate and vote in the General Meeting of Shareholders through electronic communication channels.

The account date of General Meeting of Shareholders –21 April 2017. Persons, who will own the shares of AB Kauno Energija as at the end of the working day of 21 April 2016, are entitled to take part and to vote General Meeting of shareholders.

Share capital of AB Kauno Energija is divided into 42,802,143 (forty-two million eight hundred and two thousand one hundred forty three) ordinary registered shares. All of these shares carry the right to vote with their shareholders.

The person participating in General Meeting of Shareholders must submit an identity document. A person who is not a shareholder must also submit a document confirming the right to vote at the General Meeting of Shareholders along with this document. The authorized person shall have the same rights as it should represent by the shareholder at the General Meeting of Shareholders. Shareholder's right to attend the General Meeting of Shareholders also include the right to ask questions.

Please be informed that shareholders, who are entitled to participate at the General Meeting of Shareholders, carry the right to authorize physical or legal person to attend and vote on behalf of them at the General Meeting of Shareholders by electronic means. Power of attorney that is issued by the shareholder must be submitted by sending e-mail s.meskauskas@kaunoenergija.lt not later than until the end of working day of 27 April 2017 (4.30 p.m.).

Please be informed that issues which are included into agenda of the General Meeting of Shareholders can be voted in written by completing the general ballot paper. If the person who had completed the general ballot paper is not a shareholder, the completed general ballot paper must be accompanied by a document confirming the voting right. The duly completed general ballot paper (voting bulletin) should be sent by mail or delivered directly to the Company's office at Raudondvario av. 84, room 208, Kaunas till 28 April 2017 (9.30 a.m.). The Company reserves the right not to include in the shareholder vote early, if the general ballot paper does not meet the third and fourth parts of the 30 Article of Law on Companies requirements or the general ballot paper is written in a way that it is impossible to establish shareholder‘s will on a separate issue.

The agenda of the General Meeting of Shareholders may be supplemented by initiative of shareholders who own shares no less than 1/20 of all the votes. Proposals to the agenda of the General Meeting of Shareholders may be submitted by mail or delivered to the Company's representative office at Raudondvario av. 84, room 208, Kaunas no later than 13 April 2017.

Please be informed that the resolution projects or explanations on each of the proposed issue if the resolutions shall not be adopted, must be submitted along with a proposal to supplement to the agenda of the General Meeting of Shareholders.

Please be informed that, shareholders who own shares with no less than 1/20 of all votes carry the right to propose new resolutions projects related to the issues included into agenda at any time before the General Meeting of Shareholders or during the meeting in written or by mail.

Shareholders have the right to submit the questions to the Company, concerning the agenda of the General Meeting of Shareholders of 28 April 2017. Questions may be submitted by e-mail s.meskauskas@kaunoenergija.lt or delivered directly to the Company's office at Raudondvario av. 84, room 208, Kaunas, not later than till the end of the working day of 21 April 2017 (12.00 a.m.).

The shareholders can get acquainted with Company‘s documents related to the agenda of shareholders meeting, with resolutions projects of the meeting and with the information related actualization of shareholders' rights starting from 4 April 2017 by coming to the Company at Raudondvario av. 84, Kaunas, room 208 or on the Company’s website at (http://www.kaunoenergija.lt).

         Loreta Miliauskienė, Head of the Economics and Planning Department, tel. +370 37 305 855

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