Notice on convening the Extraordinary General Meeting of Shareholders of AB Akola Group
NOTICE TO THE SHAREHOLDERS OF AB AKOLA GROUP
Vilnius, 27 March 2025
Hereby we announce the Extraordinary General Meeting of Shareholders (hereinafter – the Meeting) of AB Akola Group, registered address Subačiaus St. 5, Vilnius, Lithuania, code 148030011, (hereinafter – the Company) is convened.
The date, time, and venue of the Meeting – 29 April 2025 at 10.00 a.m., AB Akola Group office, Subačiaus St. 5, Vilnius, Lithuania.
The accounting day of the Meeting is 22 April 2025. Only the persons who are the shareholders of the Company at the end of the Accounting day of the Meeting shall have the right to attend and vote at the Meeting.
The Rights Accounting Day is 14 May 2025. Only the persons who are the shareholders of the Company at the end of the Rights Accounting day shall have proprietary rights.
On the day the Meeting is convened the total number of the Company’s shares is 167,170,481, and the number of shares granting voting rights is 166,566,819. One share carries one vote. The own shares in the amount of 603,662 acquired by the Company do not grant voting rights. The ISIN code of the Company’s shares is LT0000128092.
Agenda of the Meeting:
- Regarding election of the assurance service provider for consolidated sustainability report of AB Akola Group.
- Regarding approval of the new wording of the Regulations of the Audit Committee of AB Akola Group.
- Regarding determination of the remuneration of the members of the Company’s Audit Committee.
The initiator of the convening of the Meeting is the Board of the Company.
The Meeting is convened by the decision of the Board of the Company, adopted on 27 March 2025.
Registration of the Shareholders of the Company starts on 29 April 2025 at 9.30 a.m.
Registration of the Shareholders of the Company ends 29 April 2025 at 9.55 a.m.
The Company does not provide a possibility to attend and vote at the Meeting through electronic means of communication.
Persons who at the end of the Accounting day of the Meeting will be shareholders of the Company, or their authorized persons, or persons with whom an agreement on the disposal of the voting right has been concluded, will have the right to personally participate and vote at the meeting.
A person attending the Meeting must submit his/her identification document. A person not a shareholder must also produce a document confirming their right to vote at the Meeting.
Each shareholder shall have a right in the manner established by the Laws to authorize a natural or legal person on his/her behalf to attend and vote at the Meeting. At the Meeting, an authorized person shall have the same rights as the shareholder represented by him/her unless otherwise specified in the issued power of attorney. A power of attorney issued abroad must be translated into Lithuanian and legalized as established by the Laws. The Company does not require a special form of power of attorney.
The agenda of the Meeting may be supplemented by an initiative of the shareholders holding shares carrying at least 1/20 of all the votes. T Drafts of proposed decisions on proposed issues or, if the decision is not adopted, an explanation of each proposed issue on the agenda of the Meeting shall be presented alongside the proposal to supplement the agenda of the Meeting. The proposal to supplement the agenda shall be submitted in writing by sending it by registered mail to AB Akola Group at the address Subačiaus St. 5, Vilnius, Lithuania, or by e-mail . The agenda of the Meeting shall be supplemented if the proposal is received no later than 14 days before the Meeting.
The shareholders who own shares carrying at least 1/20 of all the votes shall have the right at any time before the Meeting or during the Meeting to propose new draft decisions on the issue already included or to be included in the agenda of the Meeting. The proposed draft decisions must be presented in writing by sending them by registered mail to AB Akola Group at the address Subačiaus St. 5, Vilnius, Lithuania, or by e-mail at . The shareholders shall also be entitled to propose draft decisions on the agenda issues of the Meeting in writing during the Meeting.
The shareholders shall have the right to present questions related to the agenda issues of the Meeting to the Company. The questions in writing can be presented not later than 3 working days before the Meeting, by providing the shareholder’s personal identification number and consent to process personal data by registered mail to AB Akola Group at the address Subačiaus St. 5, Vilnius, Lithuania. Responses of a general character shall be posted on the Company’s website The Company will not respond to the shareholder personally if the respective information is posted on the Company’s website.
A shareholder or a person authorized by him/her shall have the right to vote in writing in advance by filling in the General Voting Ballot. Upon a written request of the shareholder holding the voting right, the Company shall send the General Voting Ballot by registered mail not later than 10 days before the Meeting. The General Voting Ballot also will be provided on the Company’s website The filled-in General Voting Ballot must be signed by the shareholder or by the person authorized by him/her. If the person who is authorized by the shareholder is voting, the document confirming the right to vote must be attached to the filled-in General Voting Ballot. The document confirming the voting right must be in Lithuanian or translated into Lithuanian by an authorized translator, and his/her signature must be confirmed by notaries. The filled-in General Voting Ballot and the document confirming the voting right must be submitted to the Company in written form not later than 28 April 2025 4 p.m., by sending it by registered mail to AB Akola Group at the address Subačiaus St. 5, Vilnius, Lithuania or personally, as well as the filled General Voting Ballot, signed with a qualified electronic signature, can also be sent by e-mail at .
The shareholders can familiarize themselves with the documents, related to the agenda of the Meeting, draft decisions on each issue of the agenda, documents to be submitted to the Meeting, and other information regarding the execution of the shareholder’s rights, on the website of the Company , also on arrival at Subačiaus St. 5, Vilnius, Lithuania during business days at the time agreed in advance by phone number only.
Sincerely,
CEO Darius Zubas
Attached documents:
Draft Resolutions of the Meeting
General Voting Ballot
Draft Regulations of the Audit Committee of AB Akola Group
Please contact for further information:
Mažvydas Šileika, CFO of AB Akola Group
Mob.
E-mail
Attachments
