Invalda INVL

Major Shareholding Notification • Jul 24, 2023

NOTIFICATION OF A PERSON ON THE DISPOSAL OF VOTING RIGHTS

1. Issuer's name, code, head office address, country Invalda INVL, code 121304349, head office address Gyneju str. 14, Vilnius, Republic of Lithuania 2. Reasons for crossing the declared threshold (mark the relevant reason): [ ] Acquisition or [ ] disposal of the voting rights [ ] Acquisition or [ ] disposal of the financial instruments [ ] An event changing the breakdown of voting rights [X] Other (please specify) As the issuer increased its authorized capital, the share of votes granted by the owned shares decreased. 3. Details of person subject to the notification obligation: (by crossing declared threshold upward direction or downward direction) Name: Irena Ona Mišeikienė City and country of registered office (if applicable):

2. Name and surname or name of shareholder (according to the Act 16 art. 1 part. 2–10, if it is not the Person described in 3 item. All the natural persons and legal entities including Person described in 3 item should be declared, by showing amount of voting rights and percentage of voting rights for all natural persons and legal entities):

UAB "LJB investments" (3,098,196 units, 25.32%.) Alvydas Banys (910,875 units, 7.44%) UAB "Lucrum investicija" (3,181,702 units, 26.01%) Indrė Mišeikytė (236,867 units, 1.94%)

1. Declared threshold and date on which the threshold was crossed or reached (e.g., date of the acquisition or disposal of the voting rights; date of the other reason, for which an obligation to make a notification occurred; date of material event when passive crossing of the declared threshold occurred.) Date of threshold – 21/07/2023

Declared threshold - 25%*

* only in respect of directly held shares

6. Total positions of person(s) subject to the notification obligation:

	% of voting rights attached to shares (total of 7.A)	% of voting rights through financial instruments (total of 7.B.1 + 7.B.2)	Total of both in % (7.A + 7.B)	Total number of voting rights of issuer
Resulting situation on the date on which threshold was crossed or reached	24.70 – directly (85.41 – group)		24.70 – directly (85.41 – group)	12,234,305
Position of previous notification (if applicable)	25.08 – directly (86.73 – group)

7. Notified details of the resulting situation on the date on which the threshold was crossed or
reached:

A: Voting rights attached to shares
Class / type ISIN code of shares	Number of voting rights		% of voting rights
	Direct (art. 15 of the Act)	Indirect (art. 16 of the Act)	Direct (art. 15 of the Act)	Indirect (art. 16 of the Act)
ORS, LT0000102279	3,021,534	7,427,640	24.70	60.71
SUBTOTAL A	3,021,534	7,427,640	24.70	60.71

B 1: Details of financial instruments that result in an entitlement to acquire in the future, on the holder's own initiative, shares already issued by the issuer with voting rights attached (art. 17 of the Act)

Type of financial instrument	Expiration date	Exercise/ Conversion Period	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights
		SUBTOTAL B.1

B 2: Financial instruments related to instruments declared in part B1 and having similar economic effect (art. 17 of the Act) Type of financial instrument Expiration date Exercise/ Conversion Period Physical or cash settlement Number of voting rights % of voting rights SUBTOTAL B.2

1. Information in relation to the person subject to the notification obligation (mark the relevant reason):

[X] Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer (if the natural person or legal entity, which has an obligation to make a notification, is controlled and (or) controls other legal entity, mark the other option)

[ ] Full Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity:

Name	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold

1. In the case of voting by proxy:

10. Additional information:

Invalda INVL shareholders Alvydas Banys, UAB LJB Investments, Irena Ona Mišeikienė, Indrė Mišeikytė, Darius Šulnis and UAB Lucrum Investicija have signed an Agreement with the purpose of agreeing on the long-term management policy of Invalda INVL. Therefore, in accordance with the Article 16 (1) of the Law on Securities, their votes are counted together. After the issuer increased the authorized capital, the share of votes held by the said group does not cross the threshold specified in Article 15 (1) of the Law on Securities, therefore the notification is submitted only due to crossing the threshold in descending order by Irena Ona Mišeikienė.

Vilnius, 24 July 2023

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Irena Ona Mišeikienė