Snaige AB

Major Shareholding Notification • Sep 13, 2017

Annex 1 to the Rules on the notification of acquisition or disposal of a holding and other financial
instruments granting the voting rights

NOTIFICATION OF A PERSON ON THE ACQUISITION OF THE VOTING RIGHTS

1. Issuer's name, legal entity code, head office address, state		AB "Snaige", registration No. 249664610, registered address Pramones g. 6, Alytus, Lithuania
		2. Reasons for crossing the declared threshold (tick the relevant box(es)):
[X] Acquisition or [] disposal of the voting rights [] Acquisition or [] disposal of financial instruments of validity of financial instruments), acting jointly, other reasons):		I Event resulting in the change of the held amount of the voting shares [] Other (indicate a relevant reason, e.g. change of classification of the nature of the holding (e.g. expiration
limits in the descending or the ascending order) 1 SEKENORA HOLDINGS LIMITED		3. Details on the person who is subject to the obligation of notification (by exceeding the specified Name and surname or name of legal entity Head office address of legal entity Kritis 32, Papachristoforoiu build. 4th floor, 3087, Limassol, Cyprus
		4. Name and surname or name of shareholder (applicable in the cases referred to in Article 26(1)(2-10) and Article 26(2) of the Law, if different from the person referred to in item 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): 5. Declared threshold and date of crossing it (e.g., date of acquisition or disposal of the shares; date of
threshold, the date of share-related event):		any other reason causing the obligation of notification to arise; in cases of a passive crossing of the The acquisition of the Voting Rights on 01 September, 2017. The crossing threshold – 50 percent.
		6. General positions of the persons who are subject to the notification obligation:
	Voting rights granted by the shares, per cent (total 7. A)	Voting rights granted by means of financial instruments, per cent (total 7. B.1 + 7. B.2)	Both in total, per cent $(7. A + 7. B)$	Net amount of issuer's voting rights 2
Situation present upon crossing or reaching the threshold	67.96%		67.96%	26'927'377
Position of the previous notification (if applicable)

1. Information on the situation present upon crossing the threshold:³

Class/ type of shares ISIN code	Amount of the voting rights 4		Voting rights, per cent
	Directly (Article 25 of the Law)	Indirectly (Article 26 of the Law)	Directly (Article 25 of the Law)	Indirectly (Article 26 of the Law)
LT000010927 14	26'927'377		67.96%

B 1: 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 $\vert$ the term 5	Period for usage/ conversion 6	Amount of the voting rights which may be obtained if the instrument is used / converted	Voting rights, per cent
		SUBTOTAL B.1

B 2: Financial instruments linked to the financial instruments referred to in item B1 and having a similar economic effect (Article 27 of the Law)

Financial instrument	Expiration date of the term 5	Period for usage/ conversion 6	Settlement in kind or in money	the voting rights	Amount of Voting rights, per cent
			SUBTOTAL B.2

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

[X] The entire chain of controlled undertakings by means of which the voting rights and (or) financial instruments are managed, starting with the main controlling natural or legal person⁸:

Name and surname / name 9	Voting rights in per cent (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 threshold)	Total of both voting rights, per cent (if they amount to the threshold mandatory of notification or cross that threshold)
HYMANA HOLDINGS	0%		$0\%$
LIMITED
(controls 100% of shares
of Furuchi Enterprises)
Furuchi Enterprises	0%		0%
Limited
(controls 100% of shares
of UAB "Vaidana)			0%
UAB "Vaidana"	0%
(controls 100% of shares
of Bevorano Holdings
Limided)			23,14%
BEVORANO HOLDINGS	23,14%
LIMITED (controls 100%
of shares of Sekenora
Holdings Limided)			67,96%
SEKENORA HOLDINGS	67,96%
LIMITED

1. Details in case of voting by proxy: [name and surname / name of proxy] shall lose his voting rights [per cent and amount] from [date]

W

$\mathbb{C}^2$

1. Additional information:

(e.g. correction of the previous notification)

Completed in Cyprus, 08-09-2017.
Sekenora Holdings Limited, director Faidra Theofanous?