Litgrid AB — AGM Information 2015

Apr 24, 2015

Decisions adopted at the Ordinary General Shareholders Meeting of LITGRID AB, 24 April 2015

Decisions adopted at the Ordinary General Shareholders Meeting of LITGRID AB, 24 April 2015

Vilnius, Lithuania, 2015-04-24 14:46 CEST (GLOBE NEWSWIRE) -- On April 24,
2015, during the ordinary general shareholders meeting of LITGRID AB (legal
entity code 302564383, legal status - public company, registered address: A.
Juozapavičiaus g. 13, Vilnius city, Vilnius City Municipality, the Republic of
Lithuania, data about the company are accumulated and stored at the Vilnius
branch of the State Enterprise Centre of Registers, Division of Legal Entities)
the following decisions were made:1.Approval of the
consolidated annual report of2014.DECISION:To approve the Consolidated Annual Report on activities
of LITGRID AB and the Group of Companies in 2014.2. Presentation of an independent auditor's
findings.The issue does not require decisions.3. Approval of the set of Consolidated and Corporate
Financial Reports 2014.DECISION:To approve the set of Consolidated and Corporate
Financial Reports of LITGRID AB 2014.4. Distribution of the Company's profit (loss) for
2014.DECISION:To approve the distribution of the Company's profit
(loss) proposed by the Board of LITGRID AB 2014.5. Audit company selection
and setting terms of payment for the LITGRID AB audit services for
2015.DECISION:Select the audit company PriceWaterhouseCoopers UAB for
auditing financial reports of LITGRID AB 2015 and set the maximum remuneration
EUR 19,210.00 (nineteen thousand two hundred and ten), VAT exclusive, for
auditing services mentioned payable in 30 (thirty) days after the date of VAT
invoice.6. Election of new member of
the Supervisory BoardDECISION:To elect Rolandas Zukas as the member of the LITGRID AB
Supervisory Board for the remaining term of the Board's office (i.e., until the
LITGRID AB ordinary general shareholders meeting held in 2017).Rolandas Zukas is the CEO of EPSO-G. EPSO-G owns 97.5 %
of LITGRID AB shares. Rolandas Zukas holds higher education degrees in
transport engineering and management and has previously worked as the Director
of the LNG terminal at Klaipedos nafta AB, as well as CEO and Member of the
Board at Energijos tiekimas UAB.Information on aforementioned decisions is also
available on the website of LITGRID AB http://www.litgrid.eu as well as in the headquarters of LITGRID AB (A.
Juozapavičiaus g. 13, Vilnius) during business hours (7.30-11.30 and
12.15-16.30, on Fridays 7.30-11.30 and 12.15-15.15).Attachments:

1. Consolidated Annual Report and Financial Statements
   2014
2. Distribution of Corporate Profit
   (Loss) 2014

     Vilija Railaitė
     Litgrid Head of Communications
     Tel. +370 613 19977
     E-mail: vilija.railaite@litgrid.eu

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