Siauliu Bankas — Proxy Solicitation & Information Statement 2017

Mar 9, 2017

The comparative version of amendments to the Charter of Limited Liability Public Company

ŠIAULIŲ BANKAS

The amendments to the Charter proposed for approval of the General Meeting of Shareholders to be held on 30 March 2017.

3.5. The authorized capital of the Bank is total amount of the par values of all registered shares. The authorized capital of the Bank is EUR 109,471,658.33 (one hundred nine million four hundred seventy one thousand six hundred fifty eight and thirty three hundredths). It is divided into 377,488,477 (three hundred seventy seven million four hundred eighty eight thousand four hundred seventy seven) ordinary registered shares. Par value per share is EUR 0.29 (twenty nine hundredths).

3.5 The authorized capital of the Bank is total amount of the par values of all registered shares. The authorized capital of the Bank is EUR 131,365,989.88 (one thirty one million three hundred sixty five thousand nine hundred eighty nine and eighty eight hundredths). It is divided into 452,986,172 (four hundred fifty two million nine hundred eighty six thousand one hundred seventy two) ordinary registered shares. Par value per share is EUR 0.29 (twenty nine hundredths).

6.18. Body of the Bank, persons or authority, who passes the decision to convene the meeting, shall deliver the Bank the information and the documents, necessary to prepare notification about the Meeting. Bank shall announce about the Meeting being convened on Bank's website, in the daily newspaper "Lietuvos rytas" and central database of regulated information no later than 21 day before the day of the Meeting. The Head of the Bank or meeting chairman shall inform the shareholders about the documents, proving due notification of the shareholders about the Meeting in the beginning of the Meeting. These documents are to be unclosed with the minutes of the Meeting.

6.18. Body of the Bank, persons or authority, who passes the decision to convene the meeting, shall deliver the Bank the information and the documents, necessary to prepare notification about the Meeting. Bank shall announce about the Meeting being convened on Bank's website, in the electronic publication for announcement of public notifications managed by custodian of Register of Legal Entities in the order prescribed by the Government and in the Central database of regulated information no later than 21 day before the day of the Meeting. The Head of the Bank or meeting chairman shall inform the shareholders about the documents, proving due notification of the shareholders about the Meeting in the beginning of the Meeting. These documents are to be unclosed with the minutes of the Meeting.

7.2. Only legally capable natural persons may serve as members of the Council. New member into the vacancy may be elected by the Meeting in the general order for the period till the end of the Council's term.

7.2. New member into the vacancy may be elected by the Meeting in the general order for the period till the end of the Council's term.