Ignitis Grupe

Notice of Dividend Amount • Mar 29, 2022

AB "Ignitis grupė" draft of the profit (loss) distribution 2021

Articles	Amount, EUR
Retained earnings (deficit) at the end of 2020	113,868,551.88
share of profit, distributed to legal reserve	(5,729,352.00)
share of profit, distributed to reserve for the purchase of own shares	(23,000,000.00)
share of profit, distributed to pay out dividends for period of 2020	(85,010,295.30)
Net profit for the year of 2021	231,557,799.95
Profit (loss) not recognized in the income statement	(1,540,734.47)
Transfer from other reserves	0.00
Distribution of profit (loss) at the end of 2021, total	230,145,970.06
Share of profit, distributed to legal reserve	(11,577,890.00)
Share of profit, distributed to reserve for the purchase of own ordinary registered shares	(14,659,965.00)
Distribution of profit	203,908,115.06
Share of profit, distributed to pay out dividends for period 2021.01.01 – 2021.06.30	(43,753,132.87)
Share of profit, distributed to pay out dividends for period 2021.07.01 – 2021.12.31	(43,824,308.40)
Distributed earnings at the end of 2021, brought forward (retained earnings, remaining after profit distribution)	116,330,673.79
Dividends per share for the period of 2021.07.01 - 2021.12.31	0.6001
Number of shares for the distribution of dividends for the period of 2021.07.01 - 2021.12.31	73,040,5142

¹ The dividends per ordinary registered share may increase at most to EUR 0.608 if the acquisition of own shares would take place before the record date for the dividend payment (for ordinary registered shares) (12 April 2022, inclusive) and AB "Ignitis grupė" would acquire the maximum allowed number of ordinary registered shares equal to 958,167 units of ordinary registered shares (if less shares would be acquired, the dividends per share would be adjusted proportionally).

2 In accordance with Article 60(7) of the Republic of Lithuania Law on Companies, the persons who were the shareholders of a company at the end of the day when the general meeting of shareholders declared the dividends (in the case of a public limited liability company – at the end of the rights accounting day) or were entitled to receive the dividends on other legal ground shall be entitled to the dividend, while under Article 54(7) of the Law on Companies, having acquired its own shares, a company may not exercise the property and non-property rights attached to the shares as laid down in this Law on Companies. It needs to be noted that Article 15(1)(1) of the Law on Companies provides that the shareholders shall have a property right to receive a portion of the company's profit (dividend). Due to the fact that the Company has acquired 1,243,243 units of its own ordinary registered shares, the total number of ordinary registered shares for the distribution of dividends for the reporting period from 1 July 2021 to 31 December 2021 amounts to 73,040,514 units.