KN Energies AB — AGM Information 2017

Nov 14, 2017

Draft decisions of the Extraordinary General Meeting of Shareholders of AB Klaipedos Nafta to be held on 6 December, 2017

On 14 November, 2017 the Board of AB Klaipedos Nafta, legal entity code 110648893, registered at Burių st. 19, Klaipeda (hereinafter referred to as the Company), among others adopted the following decision:

To approve the Draft Decisions under the approved Agenda of the Extraordinary General Meeting of Shareholders, to be held on 6 December, 2017 at 1:00 p.m.:

1. Regarding the approval of the decision of AB Klaipedos Nafta's Board to implement reconstruction of quays No 1 and No 2 investment project:

"To approve the decision of AB Klaipedos Nafta's Board:

1. AB Klaipedos Nafta to implement the reconstruction of oil terminal quays No 1 and No 2 investment project for the total amount not exceeding EUR 16.5 million (without VAT)."