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KN Energies AB

Related Party Transaction • Jan 5, 2016

2252_iss_2016-01-05_127b2c02-5a62-4e5e-af67-035abdd2539a.html

Related Party Transaction

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Disclosure 329404

Klaipedos Nafta - Notification on material event

AB Klaipėdos nafta has signed long term contract for further cooperation

AB Klaipėdos nafta (hereinafter – the Company) and the Swiss-registered company Verum Plus AG has signed a long term transshipment contract on provision of dark oil products services in AB Klaipėdos nafta terminal (hereinafter – the Contract). The term of the Contract is until 31 December 2016, with an option to extend it for one more year. This Contract shall guarantee additional volume of dark petroleum products from Belarus Republic refineries. The conclusion of the Contract is approved by the Board of the Company as provided for in the Articles of Association of AB Klaipėdos nafta. Marius Pulkauninkas, Director of Finance and Administration Department, tel. 8 46 391763