Decisions taken in the Ordinary General Meeting of Shareholders of LITGRID AB - Seite 2

4. Tim Meyerjürgens was elected as an independent member of the Board of LITGRID AB;

5. Pierre-Henri D’haene was elected as an independent member of the Board of LITGRID AB.

8.2. The Chief Executive Officer of LITGRID AB is authorized (with the right to sub-delegate) to notify the Register of Legal Entities of the Republic of Lithuania of the election of new members of the Board, to register the changed data in the Register of Legal Entities of the Republic of Lithuania and to perform all other related actions.

9) Regarding the determination of the conditions of the Board's activity

9.1. The updated standard contract of a Board member regarding activities on the Board of LITGRID AB is approved (attached).

9.2. The Chief Executive Officer of LITGRID AB is authorized (with the right to sub-delegate) to sign the standard contract on the activity of a member of the Board of LITGRID AB with the newly elected members of the Board on behalf of LITGRID AB no later than within 5 (five) days from the day of the adoption of this decision.

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

10.1. To establish that remuneration is not paid to the member of the Board delegated by the holding company UAB EPSO-G.

10.2. Set these from 30 April 2024 applicable fixed monthly remuneration to be paid to the members of the Company's Board, which are in accordance with the Guidelines for determining remuneration for activities in the bodies of UAB EPSO-G and UAB EPSO-G group companies, approved by the decision of the sole shareholder of UAB EPSO-G, the Ministry of Energy of the Republic of Lithuania (hereinafter – Remuneration Guidelines), the established criteria, the amounts without deducting the payable taxes:

 

Position	Monthly fixed amount of remuneration (Eur)
Chairperson (Independent)	4 600
Board Member (Independent)	3 500
Board Member (public servant), if the public servant does not attend and does not perform activities in the collegial body of another SE / SOE and/or ME / MOE*	2 800
Board Member (public servant), if the public servant attends and performs activities in the collegial body of another SE / SOE and (or) ME / MOE	1 800

* SE – State Enterprise, SOE – State-owned Enterprise, ME – Municipal Enterprise, MOE – Municipally-owned Enterprise