Amber Grid - Notification on material event

Resolutions adopted by the Extraordinary General Meeting of Shareholders of AB Amber Grid

The Extraordinary General Meeting of AB Amber Grid (hereinafter - the Company)
held on 30 June 2014 adopted the following resolutions: 

1. Confirmation of the resignation of the members of the Board of Directors of
AB Amber Grid. 

DECIDED:

To confirm the resignation of Dr. Rainer Link, Member and Chairman of the Board
of Directors, and Mario Nullmeier, Member of the Board of Directors. 

2. Revocation and election of the members of the Board of Directors of AB Amber
Grid. 

DECIDED:

1. To revoke the members of the Board of Directors Mr Nikolay Vasilyev and Dr
Aleksandr Frolov from their current positions of members of the Board of
Directors. 

2.  For the remaining term in office of the Board of Directors AB Amber Grid
(i.e. until the date of the Ordinary General Meeting of Shareholders to be held
in 2016) to elect to the positions left vacant following the resignation or
revocation of members of the Board of Directors of AB Amber Grid the following
candidates: 

i) Nerijus Datkūnas;

ii) Dainius Bražiūnas;

iii) Agnė Petravičienė.

3.  To consider the newly elected member of the Board of Directors of AB Amber
Grid Mr Nerijus Datkūnas to be an independent member of the Board of Directors. 

4.  To set in respect of the independent member of the Board of Directors an
hourly compensation of LTL 150 (one hundred and fifty litas) exclusive of VAT
for his activities as an independent member of the Board of Directors actually
carried out. To set forth that the monthly compensation of the independent
member of the Board of Directors shall be limited to the maximum amount of LTL
2,500 (two thousand and five hundred litas) per month exclusive of VAT. 

5.  To conclude with the independent member of the Board of Directors a
Contract of Activities of Member of the Board of Directors and to authorise the
General Manager of AB Amber Grid to sign the aforesaid Contract for and on
behalf of the Company. 

6.  To set forth that other newly elected members of the Board of Directors,
except for the independent member of the Board of Directors, for their
activities as members of the Board of Directors shall not be paid any
compensation. 

7. To conclude with all the newly elected Members of the Board of Directors
Confidentiality Agreements and to authorise the General Manager of AB Amber
Grid to sign the aforesaid Agreements for and on behalf of the Company. 

8.  To instruct the General Manager of AB Amber Grid to take all the necessary
steps related with the unregistering of the former members of the Board of
Directors and with the registration of the new members of the Board of
Directors with the Republic of Lithuania Register of Legal Entities. The
General Manager of AB Amber Grid shall be entitled to transfer the trust to do
any of the above actions to any other persons (by issuing proxies). 

The resolutions adopted by the Extraordinary General Meeting of Shareholders of
the Company are posted on the Central Database of Regulated Information
www.crib.lt and the Company website www.ambergrid.lt. 

Authorised person:

Tomas Suslavičius

Head of Legal and Administrative Department

tel. +370 (5) 232 7732

fax. +370 (5) 236 0850

e-mail: t.suslavicius@ambergrid.lt