KN Energies AB

Legal Proceedings Report • Mar 31, 2020

Disclosure 381832

Klaipedos Nafta - Notification on material event

The Court of Appeal of Lithuania ruled to leave unchanged the judgement in the case regarding the damages from the breach of the competition law

31 March 2020 The Court of Appeal of Lithuania (hereinafter – the Court) has adopted a judgement in the case regarding the damages from the breach of the competition law, by which ruled to leave unchanged 7 March 2019 Vilnius Regional Court decision and to award AB Klaipėdos nafta (hereinafter - the Company) compensation of litigation expenses incurred at the Court of Appeal.

The judgement of the Court may be appealed to the Supreme Court of Lithuania within 3 months from the day of its coming into effect.

The Company informed about 7 March 2019 Vilnius Regional Court decision by notification of material event:

https://cns.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=878654&messageId=1105899

Jonas Lenkšas, Chief Financial Officer, +370 694 80594