Notice on Convening of the Ordinary General Meeting of Shareholders of LITGRID AB

In accordance with the initiative and decision of the Board of LITGRID AB (company code 302564383, registered address at Karlo Gustavo Emilio Manerheimo st. 8, LT-05131, Vilnius) (hereinafter – LITGRID, Company), the Ordinary General Meeting of LITGRID shareholders is convened at the Company’s registered office (address Karlo Gustavo Emilio Manerheimo st. 8, LT-05131, Vilnius, Room 229) on 30 April 2024, 10:00 am. 

Agenda of the LITGRID Ordinary General Meeting of Shareholders:

1) Regarding Annual Report of LITGRID AB for 2023;
2) Regarding independent auditor’s conclusion on LITGRID AB financial statements and annual report for 2023;
3) Regarding the approval of the set of financial statements of LITGRID AB for 2023;
4) Regarding the approval of the distribution of profit of LITGRID AB for 2023;
5) Regarding the approval of the remuneration report of LITGRID AB for 2023;
6) Regarding the approval of the new version of the Articles of Association of LITGRID AB;
7) Regarding the approval of the updated Remuneration Policy of LITGRID AB Chief Executive Officer and Board members;
8) Election of Board members;
9) Regarding the determination of the conditions of the Board's activity;
10) Determination of remuneration amounts for members of the Board of LITGRID AB and the operating budget of the Board in 2024 and subsequent years.

The beginning of shareholders' registration: 9:30 a. m. on 30 April 2024.
End of shareholders' registration: 9:55 a. m. on 30 April 2024.

The record date of the General Meeting of Shareholders: 23 April 2024. The right of participation and voting in the General Meeting of Shareholders can be exercised only by the persons who remain shareholders of LITGRID by the end of the record date of the General Meeting of Shareholders. The record day for the shareholders' rights is 15 May 2024.

A person attending at the General Meeting of Shareholders and entitled to vote must provide a proof of identity. A person who is not a shareholder shall, in addition to the aforementioned document, provide a document confirming his/her right to vote at the General Meeting of Shareholder.

Participation and voting at the General Meeting of Shareholders by electronic means shall not be possible.

On 29 April 2024, the Board of LITGRID approved the agenda of the General Meeting of Shareholders and the Draft Decisions of the Meeting (explanations where no decisions are required):

1) Regarding Annual Report of LITGRID AB for 2023
Provided explanation:
"The decision of the General Meeting of Shareholders is not required. The Board submits the annual report for 2023 for hearing at the General Meeting of Shareholders (attached).”