Energijos Skirstymo Operatorius AB - Notification on material event

Regarding the candidate to the Board of Energijos Skirstymo Operatorius AB

Energijos Skirstymo Operatorius AB (hereinafter – the Company), identification code 304151376, registered office placed at Aguonu str. 24, Vilnius, Republic of Lithuania. The total number of registered ordinary shares issued by company is 894 630 333; ISIN code LT0000130023.

The Company informs that on 11 April, 2017, Company received a letter from the Company’s shareholder – “Lietuvos energija”, UAB (“Lietuvos energija”), holding 94,98 percent of Company shares – containing information on decisions adopted by the Supervisory Board of Lietuvos energija.

According to the Letter, at its meeting of 7 April, 2017 the Supervisory Board of Lietuvos energija approved the nomination of Saulius Vaičekauskas (area – operation of networks) to the Board of Energijos Skirstymo Operatorius AB.

The Company reminds that on 8 March, 2017 the Supervisory Board of Energijos Skirstymo Operatorius AB, considering a notification of resignation of Dalius Svetulevičius from the member of the Company’s Board, submitted on 28 February, 2017, adopted the decision to recall D. Svetulevičius from the Board of Energijos Skirstymo Operatorius AB.

The Supervisory Board of the Company in accordance with the procedure set out by legal acts will decide regarding S. Vaičekauskas candidacy to the Board of the Company. Currently S. Vaičekauskas is the head of the Company's Metering management department.

The Company will inform about any further decisions regarding the election of a Member of the Board in accordance with the procedure established by law.