Draft decisions of the Annual General Meeting of Shareholders to be held on 26 April 2024

Draft agenda and draft decisions for the Annual General Meeting of Telia Lietuva, AB (hereinafter ‘the Company’ or ‘Telia Lietuva’) shareholders to be held on 26 April 2024 proposed by the Board of the Company:

1. Information of the Company’s auditor.

Taken for the information.

2. Approval of the annual financial statements of the Company for the year 2023 and presentation of the annual report of the Company for the year 2023.

Draft decision:
1) To approve the audited annual financial statements of the Company for the year 2023.
2) The annual report of the Company for the year 2023, prepared by the Company, assessed by the auditors and approved by the Board, was presented.

3. Allocation of the Company’s profit for the year 2023.

Draft decision:
To allocate the Company’s profit for the year 2023 in line with the proposal for profit allocation as presented to the Annual General Meeting of Shareholders.

From the Company’s distributable profit of EUR 170,974 thousand to allocate EUR 52,435 thousand for the payment of dividends for the year 2023, i.e. EUR 0.09 dividend per share, and carry forward to the next financial year an amount of EUR 118,539 thousand as retained earnings (undistributed profit).

To allocate EUR 37 thousand for tantiemes for the year 2023 to two independent members of the Board – Leda Iržikevičienė and Mindaugas Glodas – EUR 18.5 thousand each.

4. Approval of the Company’s Remuneration Report for the year 2023.

Draft decision:
To approve the Company’s Remuneration Report for the year 2023.

5. Approval of new edition of the Company’s CEO and Board members remuneration policy.

Draft decision:
To approve new edition of the Company’s CEO and Board members remuneration policy.

6. Regarding the Company’s auditor.

Draft decision:
Taking into consideration that UAB Deloitte Lietuva has audited Telia Lietuva, AB for 10 years and Telia Company, a parent company of Telia Lietuva, has chosen KPMG as the audit enterprise,
1) to recall UAB Deloitte Lietuva as the Company’s audit enterprise to perform the audit of the annual financial statements of the Company for the year 2024, and to assess the annual report of the Company for the year 2024,
2) to elect KPMG Baltics, UAB as the Company’s audit enterprise to perform the audit of the annual financial statements of the Company for the year 2024 and 2025, and to assess the annual report of the Company for the year 2024 and 2025,