Siauliu Bankas — Proxy Solicitation & Information Statement 2020

May 13, 2020

Approved by
Meeting Minutes No 27
of the Bank's Board
dated 12/05/2020

DRAFT RESOLUTIONS OF THE BOARD OF ŠIAULIŲ BANKAS AB ON AGENDA ISSUES

FOR EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS

TO BE HELD ON 10/06/2020

Agenda issue		Resolution
1.	Election of a member of the Supervisory Council	1. To elect the candidate from the nominees with the largest number of votes to the Bank's Supervisory Council.
2. To determine that the end of the term of office of the newly elected member of the Supervisory Council is the day of the Ordinary General Meeting of Shareholders in 2024 (the end of the current term of office of the Supervisory Council).
3. To establish that if a person is elected to the Supervisory Council of the Bank for the first time, he or she will assume the position of a member of the Supervisory Council only with the permission of the Bank's supervisory authority.

The candidate nominated by the Board for membership of the Supervisory Council and information on her is provided in Annex 1. |
| 2. | Remuneration to the members of the Supervisory Council for activities in 2019 until the end of the term | To pay the members of the Supervisory Council for their activities in 2019 and in the period until the end of the term in March 2020 in accordance with the principles of payment of the fixed remuneration to the members of the Supervisory Council, not exceeding EUR 580,000, accumulated in the Income statement 2019. |

Annexes:

1. Information on the candidate proposed by the Board for the members of the Supervisory Council - Susan Gail Buyske.