Klaipedos Nafta - Notification on material event

Notice on the convened ordinary general meeting of shareholders of Klaipėdos Nafta AB

We hereby inform you that on the initiative and by the decision of the Board of
AB Klaipėdos nafta, code 110648893, registered at Burių st. 19, Klaipėda
(hereinafter, the “Company”), an ordinary general meeting of shareholders of
the Company was convened on 26 April 2016 at 1.00 p.m. The meeting was held in
the registered office of the Company at Burių st.19, Klaipėda. 

Agenda of the meeting:

1. On the announcement of the Auditor’s Report regarding the Financial
Statements and Annual Report of the Company for the year 2015 to the
shareholders. 

2. On the announcement of the Annual Report of Klaipėdos nafta, AB for the year
2015 to the shareholders. 

3. On the approval of the audited Financial Statements of Klaipėdos nafta, AB
for the year 2015. 

4. On the appropriation of profit (loss) of Klaipėdos nafta, AB for the year
2015.Decisions adopted: 

Decisions adopted:

1. On the announcement of the Auditor’s Report regarding the Financial
Statements and Annual Report of the Company for the year 2015 to the
shareholders: 

“The Auditor’s Report regarding the Financial Statements and Annual Report of
the Company for the year 2015 had been heard by the shareholders. Decision on
this topic of the Agenda should not be taken.” 

2. On the announcement of the Annual Report of Klaipėdos nafta, AB for the year
2015 to the shareholders. 

„The Annual Report of Klaipėdos nafta, AB for the year 2015, as drafted by the
Company, assessed by the Auditor and approved by the Board of Klaipėdos nafta,
AB had been heard by the Company. Decision on this topic of the Agenda should
not be taken.” 

3. On the approval of the audited Financial Statements of Klaipėdos nafta, AB
for the year 2015: 

“To approve the audited Financial Statements of Klaipėdos nafta, AB for the
year 2015.” 

4. On the appropriation of profit (loss) of Klaipėdos nafta, AB for the year
2015: 

“To distribute the Company’s profit in the total sum of  22.036.113 EUR
available for appropriation, as follows: 



No                               Ratios                                Amount,  
                                                                         Euro   
--------------------------------------------------------------------------------
 1  Non-allocated profit (loss) at the beginning of the financial              -
     year as of 01-01-2015                                                      
--------------------------------------------------------------------------------
 2  Net profit (loss) for the financial year                          22.036.113
--------------------------------------------------------------------------------
 3  Transfers from restricted reserves                                         -
--------------------------------------------------------------------------------
 4  Shareholders' contribution against losses                                  -
--------------------------------------------------------------------------------
 5  Portion of the reserve of tangible fixed assets                            -
--------------------------------------------------------------------------------
 6  Profit for allocation (1+2+3+4+5)                                 22.036.113
--------------------------------------------------------------------------------
 7  Allocation of profit to legal reserve                              1.101.806
--------------------------------------------------------------------------------
 8  Allocation of profit to own shares acquisition                             -
--------------------------------------------------------------------------------
 9  Allocation of profit to other reserves                             3.305.417
--------------------------------------------------------------------------------
10  Allocation of profit to dividends                                 17.628.891
--------------------------------------------------------------------------------
11  Allocation of profit to tantiems                                           -
--------------------------------------------------------------------------------
12  Non-allocated profit (loss) at the end of the year 2015 carried            -
     forward to next financial year (6-7-8-9-10-11)                             
--------------------------------------------------------------------------------



Number of shares      380.606.184
---------------------------------
Dividends per share  0,0463179303
---------------------------------



Enclosures:

  1. Approved Financial Statements of Klaipėdos nafta, AB, for the year 2015,
     prepared according to the International Financial Reporting Standards
     approved for application within the European Union, provided together with
     the Independent Auditor’s Report hereto, as well as the Annual Report of
     Klaipėdos nafta, AB;
  2. Approved Appropriation of Profit (Loss) of Klaipėdos nafta, AB, for the
     year 2015.




         Director of Finance and Administration Department, Marius
Pulkauninkas, (+ 370 46) 391 763

Liitteet:

1. Klaipedos nafta FS 2015 EN.pdf

2_Appropriation of Profit 2015_GSM_2016-04-26.pdf