Litgrid AB — Proxy Solicitation & Information Statement 2012

Apr 6, 2012

LITGRID AB
GENERAL VOTING BALLOT
of the Annual General Meeting of Shareholders dated 30 April 2012

DATA OF THE SHAREHOLDER

Name and surname (legal name) of the shareholder:

Personal identification number (legal entity code) of the shareholder:

The number of votes possessed by the shareholder:

VOTING

Please circumscribe with a circle the option in the table which use select: "FOR" or "AGAINST".

Item No.	Issue of the agenda	Proposed draft decision	Voting
1.	Presentation of the Company's consolidated annual report for 2011.	To approve the consolidated annual report on the activities of the Company and the group of companies for 2011.	“FOR”	“AGAINST”
2.	Presentation of the independent auditor's report.	To hear to the report of the auditor of the Company.
3.	Approval of a set of consolidated statements and financial statements of the Company for 2011.	To approve the set of consolidated statements and financial statements of the Company for 2011.	“FOR”	“AGAINST”
4.	Appropriation of the Company's profit for 2011.	To approve the proposed appropriation of the Company's profit (loss) for 2011.	“FOR”	“AGAINST”
5.	Revision and approval of the Articles of Association of the Company.	1. To approve a new version of the Articles of Association of the Company.
2. To authorise the Chief Executive Officer of the Company to sign the revised Articles of Association as prescribed by legislation and register them at the Register of Legal Entities of the Republic of Lithuania as well as to perform any and all other actions related to the registration of the revised Articles of Association of the Company.	“FOR”	“AGAINST”
6.	Approval of the standard	1. To approve the standard terms and	“FOR”	“AGAINST”

1 of 2

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2 of 2

| | terms and conditions of the agreement regarding the activities of an independent Board Member. | conditions of the agreement regarding the activities of an independent Board Member of LITGRID AB.
2. To grant the Director General of the Company the right to amend non-essential terms and conditions of the agreement regarding the activities of an independent Board Member of LITGRID AB.
3. To authorise the Director General of the Company to sign the agreement regarding the activities of an independent Board Member of LITGRID AB with Valentinas Pranas Milaknis, whom the Company considers as an independent Board Member. | | |
| --- | --- | --- | --- | --- |
| 7. | Establishment of the remuneration for an independent Board Member. | 1. To establish for an independent Board Member of the Company an hourly remuneration of LTL 150 (one hundred and fifty litas) excluding VAT for actually performed activities of the independent Board Member.
2. To establish that the monthly remuneration for an independent Board Member shall be limited to the maximum amount of LTL 3 500 (three thousand, five hundred litas) excluding VAT. | “FOR” | “AGAINST” |

(date)

(name, surname, and signature of the shareholder [or another person who has the right to vote with the shares of t shareholder])