Pieno Zvaigzdes

Major Shareholding Notification • Jan 9, 2018

AB,,Pieno fvalgldds( AUT A tNo. Nr.

NOTIFICATION OF A PERSON/GROUP ON THE ACQUISITION/DISPOSAL OF THE VOTING RIGHTS

1. lssuer's name, legal entity code, head office address, state

Akcine bendrov€ "Pieno Zvaig2d6s", legal entity code 124665536, head office address Penk0nkiemio st. 3, Vilnius, the Republic of Lithuania

2. Reasons for crossing the declared threshot d (tick the relevant box(es)):

[X] Acquisition or [] disposal of the voting rights

[] Acquisition or [ ] disposal of financial instruments

^II Event resulting in the change of the held amount of the voting shares

[ ] Other (indicate a relevant reason, e.g. change of ctassification of the nature of the hotding (e.g. expiration cf validity of financial instruments), acting jointly, ofher reasons):

1. Details on the person who is subject to the obligation ofnotification (by exceeding the specified limits in the

Name offlce address of legal entity

Suvet	1, office L, Silver Tower, Jumeirah Lakes Towers, Dubai,

1. Name and surname or name of shareholder (applicable ln fhe cases referred to in Article 26(1)(2-10) and Article 26(2) of the Law, if different from the person referred to in ilem 3. Every person whose votes are to be calculated together with the votes of the person referred to in item 3 should be indicated, with specifying the amount and the share in per cent of the voting rights directly held by each of such persons):

Suvet Commodities DMCC

1. Declared threshold and date of crossing lt (e.g., any other reason causlng the obligation of notification to lhe date of share-related event): date of acquisition or disposa/ of the shares; date of arise; in cases of a passiye crossrng of the threshold,

f,n 26-Q4-2017 the shareholder acquir d additional shares and exceeded the threshold of '10%

1. General positions of the persons who are subject to the notification obligation:

	Voting rights granted by the shares,	Voting rights granted by means of financial instruments,	Both in total, per cent (7. A + 7. B)	Net amount of issuer's voting
	per cent (total 7. A)	per cent (total 7. 8.1 + 7.8.2\		rights2
Situation present upon crossing or reaching the threshold	1 1.35		1,,,,	3,122,022
Position of the revious notification iif applicable)	9.13		,' l'	4,122,022

		7. lnformation on the situation present upon crossing the threshold:3
	A: Voting rights granted by shares
Class/ type	Amount of the voting rightsa		Voting rights, per cent
of shares lSlN code	Directly (Article 25 of the Law)	lndirectly (Article 26 of the Law)	Directly (Article 25 of the Law)	lndirectly (Article 26 of the Law)

ORS, 1T00001 1 167 o	5,122,022	1'1.35
SUBTOTAL A	5,122,022	11.35

B {: Financial instruments which upon expiration of the buy-up term as agreed officially shall grant the right or possibility to acquire shares granting the voting rights already issued by the issuer (Article 27 of the Law)

Financial instrument	Expiration date of the terms	Period for usage/ conversiono	Amount of the voting rights which may be obtained if the instrument is used / converted	Voting rights, per cent
		SUBTOTAL 8.1

^B2: Financial instruments linked to the financial instruments referred to in item Bl and having a similar economic effect (Article 27 ot the Law)

Financial instrument	Expiration date of the terms	Period for usage/ conversion6	Settlement in kind or in moneyT	Amount of the voting riqhts	Voting rights, per cent
			SUBTOTAL 8.2

Details on the person who is subject to the obligation of notification (tick the relevant box):

A person who is subject to the obligation of notification is not controlled by any other natural or person and does not control any other undertakings that directly or indirectly have the issuer's rights (f a person who is subject to the obligation of notification is controlled by and (or) controls undertaking, the second option is fo be marked)

I The entire chain of controlled undertakings by means of which the voting rights and (or) financial are starting with the maln contro ng natural or legal

Name and surname / namee	rights in per (if they amount to the threshold mandatory of notification or cross that threshold)	Voting rights by means of financial instruments in per cent (if they amount to the threshold mandatory of notification or cross that threshol	Total of both voting rights, per cent (if they amount to the threshold mandatory of notification or cross that threshold)
-----------------------------	---------------------------------------------------------------------------------------------------------------	-----------------------------------------------------------------------------------------------------------------------------------------------------------------	------------------------------------------------------------------------------------------------------------------------------------------

the company's company's company's the property of the company of the company of the company of the company of the company of		the property of the property and the property of the property ______	_________ The Contract Contract of the Contract Contract Contract Contract Contract Contract Contract Contract Contract and the property of the local con-
the property of the company of the		De la Caractería de la Caractería de la Caractería de la Caractería de la Caractería de la Caractería de la Ca _________	the contract of the contract of the
Karl Maria (Karl Maria (Karl Maria (Karl Maria (Karl Maria (Karl Maria (Karl Maria (Karl Maria (Karl Maria (Ka	state and the property of the control of the control of the control of the control of the control of the control of	and the control of the control of	_____
the contract of the contract of the contract of the contract of the contract of		the property of the control of	the contract of the contract of the contract of
De Station de la provincia de la provincia de la provincia de la provincia de la provincia de la provincia de the contract of the contract of the contract of the contract of the contract of the contract of the contract of	1980 - Andrea Maria Alemania (h. 1980).	_ _________ The property of the property of the property the property of the contract of the property and the property of the contract of the contract of the contract of

Detai ls tn case of voting by proxy [nam^e and surname name ofproxyl shall lose his voting centand amountl from [date]

1. Additional information:

g. correction of the previous notification)

Completed in Dubai, 20-12-2017

lln the circumstances referred to in Article 26(1X3-9) of the Law, information about the following persons should be provided:

• in case referred to in Article 26(1)(3) of the Law, naturalor legalperson acquiring the voting rights and entitled to exercise them according to the agreement;

• in case referred to in Article 26(1X4) of the Law, natural or legal person to whom the shares have been pledged, provided that the natural or legal person in question controls the voting rights and declared his intentions to exercise them, as well as the natural or legal person who pledged the shares under such conditions;

• in case referred to in Article 26(1X5) of the Law, natural or legal person who uses the shares as an usufruct, provided that the natural or legal person in question is entitled to exercise the voting rights granted by such shares, as well as the natural or legal person who loses the voting rights when using the shares as an usufruct;

• in case referred to in Article 26(1XO) of the Law, controlling natural or legal person and the controlled undertaking, if it is bound by obligation of notification of acquisition or disposal of the voting rights as provided for in Article 25, Article 26(11(2-5) of the Law or any of these cases;

• in case referred to in Article 26(11(71of the Law, a person to whom the shares are transferred by trust, provided that he may exercise the voting rights granted by such shares at his own discretion, as well as the person who transferred the shares by trust granting the right to exercise the voting rights granted by such shares;

• in case referred to in Article 26(1X8) of the Law, natural or legal person managing the voting rights;

• in case referred to in Article 26(1Xg) of lhe Law, an authorized person (proxy), provided that he may exercise the voting rights at his own discretion, as well as the shareholder who has granted the proxy the right to exercise the voting rights at his own discretion (e.g. management undertakings).

^eThe net arnount of the voting rights shall be comprised of the voting rights granted by all shares including depository receipts marking the shares which are granted the voting rights, even if the exercise of the voting rights is suspended for a time.

^rF the amount of the voting rights is less than the minimum threshold referred to in Article 25(1) of the Law, the amount of the held financial instruments and the voting rights attached thereto which is present on the date of crossing the declared threshold shall be indicated.

^aTo be filled in only when the holding is comprised of directly and indirectly held voting rights. The definition "directly held votes" shall mean the votes granted by the shares held by the person by the right of the ownership. The definition "indirectly held votes" shall mean the votes held by the person on one or more of the grounds specified in Article 26(1X2-10) and (or) Articte 26(2) of the Law.

⁵Expiration date of the buy-up/validity of financial instrument shall be the date when the right to acquire shares expires.

⁶To be filled in only when the financial instrument has the same period (e.g. every 3 months, starting w1h ldatel).

⁷lf settlement is made in cash, the amount and percentage of the voting rights subject to notification shall be calculated considering the total relative number of the shares forming the basis for flnancial instrument multiplied by delta ratio (paragraph 28 of the Rules),

⁸The entire chain of the controlled undertakings, starting with the main controlling natural or legal person, shall be indicated also in cases when the threshold is crossed at the level of only the controlled undertakings, whereas the controlled undertaking shall inform about submission of notification. ln cases of multiple chains by means of which the voting rights and (or) financial instruments are used, notification of all such chains has to be made, with leaving a blank line between different chains (e.g, A, B, C, blank line, A, B, D, blank line, A, E, F etc.).

^eNames of the controlled undertakings by means of which the voting rights and (or) financial instruments are used shall be indicated disregarding whether these controlled undertakings reach or cross the lowest set threshold.

APPENDIX¹ TO THE NOTIFICATION OF A PERSON/GROUP ON THE ACQUISITION/DISPOSAL OF THE VOTING RIGHTS

A: Identity of a person who is bound by obligation of notification
Name and surname / name, code and legal form of a legal entity Suvet Commodities DMCC
Contact address (residence address of a natural person, registered office of a legal entity) Floor 1, office L, Silver Tower, Jumeirah Lakes Towers, Dubai, UAE
Email address v.sachar@suvet.ae
Telephone / fax number +97144470330 / +97144470331
Other useful information
B: Identity of a notifying person (if applicable)
Name and surname / name, code and legal form of a legal entity Vikas Sachar
Contact address (residence address of a natural person, registered office of a legal entity) Floor 1, office L, Silver Tower, Jumeirah Lakes Towers, Dubai, UAE
Email address v.sachar@suvet.ae
Telephone / fax number +97144470330
Other useful information (e.g. functional relation to the person or legal entity who is bound by obligation of notification) Manager
C: Additional Information:
By signing this notification, I confirm that the information provided in the notification of the acquisition/disposal of the voting rights and in this appendix to compete and correct and that I have been familiarised with the sanctions for the provision of misleading intermation imposed by the Republic of Lithuania Code of Administrative Violation of Law and the Republic of Lithuania Law on Securities. Dubal - U.A.E. VIKAS SACHAR single of the modern of a local ontitul molting the

notification of the acquisition or disposal of the Consumer State and place of completion of the notification of the acquisition or disposal of the Consuming the notification of the notification)²

To be submitted to the competent authority only.

² Where the obligation of several persons for notification of the acquisition or disposal of the voting rights is fulfilled by

² Where the obligation of several person