KN Energies AB — Proxy Solicitation & Information Statement 2025

Apr 7, 2025

1

BALLOT PAPER FOR VOTING IN WRITING IN THE ANNUAL GENERAL MEETING OF SHAREHOLDERS OF AB "KN ENERGIES", TO BE HELD ON 30-04-2025

Shareholder’s first name, surname (legal entity name)

Shareholder’s personal ID number (legal entity code)

Number of shares held

Number of votes held

Please cross out what does not apply ("FOR" or "AGAINST") and leave the selected version of the resolution not crossed:

Organizational issues of the meeting
To propose to elect the following person as the Chairman of the meeting and to vote “for” the proposed candidate:
To propose to elect the following person as the Secretary of the meeting and to vote “for” the proposed candidate:
To propose to elect the following person as the person responsible for performance of actions provided for in paragraph 2 of Article 22 of the Law of the Republic of Lithuania on Companies and to vote “for” the proposed candidate:

---

Item on the agenda	Draft resolution
1. Item of the Agenda No. 3 – Approval of the audited Financial Statements of the Company for the year 2024:	To approve the audited Financial Statements of the Company for the year 2024.			FOR	AGAINST
2. Item of the Agenda No. 4 – Approval of the appropriation of profit (loss) of the Company for the year 2024:	To allocate profit of the Company in the following order:			FOR	AGAINST
	Eil. Nr. / No.	Rodikliai / Ratios	Suma, tūkst. eurų/ Amount in EUR thousand
	1	Ankstesnių finansinių metų nepaskirstytasis pelnas (nuostoliai) ataskaitinių finansinių metų pabaigoje / Retained earnings of previous financial year at the end of financial year	0
	2	Grynasis ataskaitinių finansinių metų pelnas (nuostoliai) – bendrosios pajamos / Total comprehensive income	13,622
	3	Pelno (nuostolių) ataskaitoje nepripažintas ataskaitinių finansinių metų pelnas (nuostoliai) / Profit (loss) for the financial year not recognised in the statement of comprehensive income	1,037
	4	Pervedimai iš privalomojo rezervo / Transfers from legal reserve	-

---

	5	Pervedimai iš rezervų savoms akcijoms įsigyti/ Transfers from reserve for own shares	-
	6	Pervedimai iš rezervų / Transfers from restricted reserves	7,191
	7	Akcininkų įnašai bendrovės nuostoliams padengti / Shareholders' contribution against losses	-
	8	Paskirstytinasis pelnas (nuostoliai) iš viso (1+2+3+4+5+6+7) / Profit for allocation (1+2+3+4+5+6+7)	21,850
	9	Pelno dalis, paskirta į privalomąjį rezervą / Share of profit allocated to legal reserve	-
	10	Ištatinio kapitalo mažinimas / Decrease in share capital	-
	11	Pelno dalis, paskirta į rezervą savoms akcijoms įsigyti / Share of profit allocated to own shares acquisition	-
	12	Pelno dalis, paskirta į rezervą akcijoms suteikti / Share of profit allocated to the reserve for the allocation of shares	-
	13	Pelno dalis, paskirta į kitus rezervus / Share of profit allocated to other reserves:	13,228
	13.1	Pelno dalis, paskirta investicijoms vykdyti / Share of profit allocated to investments implementation	13,128
	13.2	Pelno dalis, paskirta paramai / Share of profit allocated to financial assistance	100
	14	Pelno dalis, paskirta	8,622

---

		dividendams mokéti / Share of profit allocated to dividends
	15	Pelno dalis, paskirta tantjemoms / Share of profit allocated to tantiems	-
	16	Nepaskirstytasis pelnas (nuostoliai) ataskaitiniŋ finansiniŋ metŋ pabaigoje, perkeliamas j kitus metus (8-9-10-11-12-13-14) / Non-allocated profit (loss) at the end of the financial year carried forward to next financial year (8-9-10-11-12-13-14)	-
	Dividendai akcijai / Dividends per share 0.0227
3. Item of the Agenda No. 5 – Agreement on the Company's Remuneration Report:	To agree on the Company's Remuneration Report.			FOR	AGAINST
4. Item of the Agenda No. 6 – Approval of Regulations of Audit Committee activities of the Company:	To approve Regulations of Audit Committee activities of the Company			FOR	AGAINST
Regarding any other new draft resolutions, not indicated above, to vote with all the votes held				FOR	AGAINST

We hereby confirm that we have familiarized in advance with the agenda of the Annual General Meeting of Shareholders of AB "KN Energies" referred to in this Ballot Paper and the draft resolutions contained herein, therefore we may express in advance in writing the will of

, as a shareholder of AB "KN Energies" in voting on the matters considered at the Annual General Meeting of Shareholders. Having regard to our will expressed in writing on the agenda matters of the Annual General Meeting of Shareholders, it should be considered that

participated in the Annual General Meeting of Shareholders of AB "KN Energies" held on 30 April 2025.

---

First name, surname, position of the shareholder (its representative):

Date and signature of the shareholder (its representative):

Date, title and number of the document entitling to vote (if the ballot paper is signed by anyone other than the head of the shareholder):

5