KN Energies AB

AGM Information • Jul 13, 2018

Draft decisions of the Extraordinary General Meeting of Shareholders of AB Klaipėdos Nafta to be held on 23 July 2018

The Board of AB Klaipėdos Nafta, legal entity code 110648893, registered at Burių st. 19, Klaipėda (hereinafter referred to as the Company), among others adopted the following decisions:

To approve the Draft decisions under the approved Agenda of the Extraordinary General Meeting of Shareholders, to be held on 23 July 2018 at 13:00 p.m.:

1. Regarding the amendment to the Articles of Association of AB Klaipedos Nafta, presenting them as a new wording:

"1. To amend the Articles of Association of AB Klaipedos Nafta, presenting them as a new wording (enclosed);

2. To authorise (with the right to delegate the authority) the General Manager of AB Klaipedos Nafta to sign the new wording of the Articles of Association of AB Klaipedos Nafta, to present it for notary approval, to present it for registration with the Registry of Legal Entities and to perform other related actions".

2. Regarding the confirmation of amended Guidelines on determination the remuneration for the activity in AB Klaipėdos Nafta collegial bodies:

"To approve the amended Guidelines on determination the remuneration for the activity in AB Klaipėdos Nafta collegial bodies (enclosed)."