Pieno Zvaigzdes — Proxy Solicitation & Information Statement 2012

Apr 6, 2012

PIENO ŽVAIGŽDĖS

sveikam gyvenimui

AB "Pieno Zvaigzdes"

Address: Perkunkiemio 3, LT-12127 Vilnius, Lithuania

Company No.: 1246 65536, VAT No.: LT 246655314

Data kept at the Registrar of Legal Entities

Annual General Shareholders' Meeting of Pieno Zvaigzdes AB

Annual Meeting of Shareholders of Pieno Zvaigzdes AB is called on 27 April 2012 at 11.00 am (at corporate headquarters at Perkunkiemio 3, Vilnius, Lithuania, company code 1246 65536, VAT code LT 246655314, data kept and stored at Legal Registrar) by the decision by the company's Board.

The Meeting will take place at corporate headquarters at Perkunkiemio 3, Vilnius, Lithuania. Registration starts at 10:00 am.

Draft resolutions

No	Agenda	Draft resolution
1.	Annual Report.	Listened.
2.	Audit report on the company's financial accounts and the Annual Report	Listened.
3.	Approval of the IAS accounts 2011.	Approve Company's audited accounts 2011
4.	Profit distribution and establishment of reserves	Approve profit distribution and establishment of reserves of Pieno Zvaigzdes. (Draft profit distribution attached)
5.	Election of the Board	Elect the candidates to the Board who were given most of the votes
6.	Election of the Audit Committee members	Elect members to the Audit Committee who were given most of the votes
7.	Decrease of share capital of Pieno Zvaigzdes, voiding of the own bought shares	Decrease share capital of Pieno Zvaigzdes from 54 205 031 Litas to 49 634 419 Litas voiding 4 570 612 of own bought shares.
8.	Amendment of the Articles of Association and approval of the new wording	Approve the following amendments of the Articles of Association of Pieno Zvaigzdes:
11. Share capital of the Company is 49 634 419 (forty nine million six hundred thirty four thousand four hundred nineteen) Litas.
14. Share capital of the Company is divided into 49 634 419 (forty nine million six hundred thirty four thousand four hundred nineteen) common share.
Approve new Articles of Association.
Authorize Company's CEO to sign new Articles of Association of Pieno Zvaigzdes