Litgrid AB

AGM Information • Sep 25, 2018

[Logo: EPSOG]

EXTRACT FROM MINUTES OF THE MEETING OF THE AUDIT COMMITTEE AT THE SUPERVISORY COUNCIL OF EPSO-G UAB

10 September 2018 No AK-18-10, Vilnius

The meeting of the Audit Committee of EPSO-G UAB, registered company number 302826889, registered office address A. Juozapavičiaus g. 13, Vilnius, Republic of Lithuania, data on the company are accumulated and stored in the Register of Legal Entities (hereinafter referred to as 'EPSO-G UAB' or the 'Company') took place on 10 September 2018, from 1 p. m. until 5 p. m. Place of the meeting: EPSO-G UAB offices at the address Gedimino pr. 20, Vilnius (2nd floor).

The meeting was attended by members of the Audit Committee: Gediminas Šiušas and Raimondas Rapkevičius. 2 out 2 elected and serving members of the Audit Committee were present at the meeting. The meeting had a quorum according to p. 32 of the Regulations of the Audit Committee, therefore, it could proceed and the Audit Committee could take decisions.

Chairperson of the meeting: Raimondas Rapkevičius, Chairman of the Audit Committee. Secretary of the meeting: Danguolė Tamašauskė, Lawyer of the Company. Invited persons taking part in the meeting: persons presenting items on the agenda as specified below.

The members of the Audit Committee confirmed that the meeting was duly convened according to set procedures and all the members of the Audit Committee had been informed about it in advance. Considering that no comments on the agenda of the meeting have been received, the members of the Audit Committee approved of the agenda that had been proposed and agreed upon via email in advance. Items on the agenda were considered in the sequence specified below.

The agenda:

<…>

5. Regarding selection of an audit firm for EPSO-G UAB Group (for information and decision).

Presenter: Tomas Urmanavičius, Head of Financial Control of the Company, Ilona Vaitkuvienė, Chief Financier.

5. CONSIDERED: Regarding selection of an audit firm for EPSO-G UAB Group:

<…>

DECIDED:

5.1. To recommend to the Boards of EPSO-G UAB, LITGRID AB, Amber Grid AB, BALTPOOL UAB, TETAS UAB, GET Baltic UAB, and LITGRID Power Link Service UAB that they should propose to their general meetings of shareholders to select, for auditing of their financial statements for 2018, Deloitte Lietuva UAB, registered company No 111525235, and to pay the price for the audit services specified in the Offer submitted by Deloitte Lietuva UAB (appended).

Appended:

<…>

1. Offer by Deloitte Lietuva UAB

<…>

Chairman of the Audit Committee /Signature/ Raimondas Rapkevičius Secretary /Signature/ Danguolė Tamašauskė Date of the extract: 10 September 2018 Raimondas Rapkevičius, Chairman of the Audit Committee, EPSO-G UAB /Signature/