Important Notice for Shareholders of AB Kauno Energija
Correction of the General Meeting of Shareholders’ accounting day due to Easter from 21 April to 17 April.
AB Kauno Energija, a prominent player in the energy sector, invites its shareholders to the upcoming General Meeting on April 28. This meeting, organized by the Company’s Management Board, aims to discuss crucial matters affecting the future direction of the Company.
Date and Time of the Meeting
The General Meeting of Shareholders is scheduled for April 28. Doors will open at 9:30 a.m. for registration, with the meeting commencing at 10 a.m. at the Company’s venue.
What to Expect
During the meeting, shareholders will review significant agenda items including the approval of the audited financial statements for the previous year and discussions regarding profit allocations. The ability to share insights and decisions at this gathering plays a vital role in shaping the Company’s trajectory.
Agenda Highlights
Here are the key topics that will be addressed:
Financial Reporting
One of the most critical items on the agenda is the approval of the Company’s audited financial statements for the previous year. These documents provide a comprehensive overview of the Company’s financial health, adhering to the International Financial Reporting Standards.
Profit Allocation
Shareholders will also discuss the allocation of net profits from the last fiscal year. Understanding how these profits will be distributed is essential for shareholders looking to maximize their investments.
Audit Firm Selection
The selection of an audit firm is an important matter to ensure rigorous scrutiny of financial practices. Shareholders will decide on the appointment of ROSK Consulting UAB for the upcoming audit periods, confirming their role in maintaining transparency as AB Kauno Energija navigates the next few years.
Shareholder Rights and Participation
Every shareholder has a right to attend and vote at the General Meeting. It’s paramount that those attending come prepared with proof of identity. Additionally, proxy voting is available, allowing shareholders to authorize another individual to vote on their behalf.
Engagement and Questions
Shareholders are encouraged to engage actively in discussions. Questions regarding agenda items can be submitted in advance, ensuring that all voices are heard during the meeting.
Additional Information
The Company prides itself on maintaining transparent communication with its shareholders. All relevant information regarding the extraordinary general meeting, including detailed resolutions and background documentation, will be available on the Company’s website.
Company Contacts
For further inquiries, shareholders may reach out to Loreta Miliauskien?, Head of the Economic Department, at +370 37 305 855, promoting a more personalized communication approach.
Frequently Asked Questions
What is the purpose of the General Meeting?
The General Meeting serves as a platform for shareholders to discuss critical issues, approve financial statements, and make decisions regarding profit allocations.
Can shareholders vote electronically?
No, the Company does not currently offer electronic voting options for the meeting.
What should shareholders bring to the meeting?
Shareholders must bring proof of identity to participate in the General Meeting.
How can I submit questions before the meeting?
Questions can be submitted via email to the Company's designated contact before the meeting.
Is proxy voting available?
Yes, shareholders may authorize another person to vote on their behalf by submitting the proper documentation beforehand.
