Shareholder Proposal Leads to Supervision Board Candidate Update

Author: Evelyn Baker Updated: 08-27-2025 10:45 AM

Shareholder Proposal for Supervisory Board Candidate

ŽEMAITIJOS PIENAS, AB recognizes an important moment for its shareholders as a proposal has surfaced. A shareholder, who commands at least 1/20 of the voting rights, has suggested an additional candidate for the Supervisory Board. This proactive move reflects the engagement of shareholders in the governance of the company.

Amended Draft Resolution Overview

In line with the principles set out in the Law on Companies of the Republic of Lithuania, the Company is taking necessary steps to adapt to this proposal. The amended draft resolution is now available, designed to encourage participation and transparency. Alongside this amendment, an updated general ballot for advance voting has been presented, ensuring that shareholders can voice their opinions clearly and effectively during the meeting.

Importance of Shareholder Engagement

Engagement from shareholders is crucial for the effective governance of any company. This recent proposal signifies active participation from the shareholder base. Every vote counts in shaping the future of ŽEMAITIJOS PIENAS, AB, and the introduction of new candidates can bring fresh perspectives and ideas to the Supervisory Board.

Contact Information

For any inquiries or further information, shareholders can contact Arnas Matuzas, the Head of Legal at ŽEMAITIJOS PIENAS, AB. His guidance is invaluable for navigating this transition. He can be reached via email at a.matuzas@zpienas.lt, where he is ready to assist with any questions regarding the amendments or the voting process.

Attachments for Reference

The Company has also made several important documents available for review, which include the alternative general voting ballot and the amended draft decision. These attachments ensure that shareholders have all the necessary information to make informed decisions.

Attachment Details

Shareholders looking to review additional materials can find the following documents:

These attachments provide critical insight into the ongoing discussions and decisions being made at ŽEMAITIJOS PIENAS, AB.

Frequently Asked Questions

What is the purpose of the proposal received from the shareholder?

The purpose of the proposal is to introduce an additional candidate for the Supervisory Board, enhancing oversight and governance.

What does the amended draft resolution entail?

The amended draft resolution includes changes reflecting the new candidate, ensuring transparency and encouraging shareholder participation.

Who can shareholders contact for more information?

Shareholders are encouraged to reach out to Arnas Matuzas, Head of Legal, at a.matuzas@zpienas.lt for further details.

Are there documents available for shareholders to review?

Yes, shareholders can access an alternative general voting ballot and an amended draft decision for review.

How can shareholders participate in the voting process?

Shareholders can participate by reviewing the documents provided and submitting their votes in accordance with the amended general ballot.

About The Author

Greetings, I'm 32-year-old author and financial specialist Evelyn Baker. My introduction into the financial industry started with an economics degree and continued with a wealth of experience in wealth management and financial consulting. My great passion over the years has been assisting people and companies in making wise, well-informed decisions to reach their financial objectives.

My goal with writing is to simplify difficult financial ideas into understandable, doable guidance. My goal in writing many books and articles is to make personal finance understandable to everyone, irrespective of their experience or background. I want to give readers the information they need to take charge of their financial futures, from investing and retirement planning to budgeting and saving.

Along with my writing, I lead webinars and workshops where I provide doable advice and methods for achieving financial success. To reach a larger audience, I also frequently contribute to financial blogs and publications. My method is always to offer doable, real-world guidance that can actually improve people's lives.

Aside from my job, I like to cook, travel, and experience other cultures. I work hard to apply my belief in the value of a balanced life to my financial counsel. My goal in working is to encourage and enable people to succeed financially so they may lead the best lives possible.

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