Kauno Energija - Notification on material event

Convocation of the Extraordinary General Meeting of AB Kauno Energija shareholders

Following the decision of AB Kauno Energija Management Board No 2015-24-4
“Regarding convocation of the Extraordinary General Meeting of AB Kauno
Energija shareholders and pronouncement of agenda and the decision project on
agenda issue” of 25 November 2015, the Extraordinary General Meeting of AB
Kauno Energija (code of enterprise – 235014830, address – Raudondvario av. 84,
Kaunas) shareholders is being convoked on 17 December 2015. 

The date of meeting is 17 December 2015, Thursday. The meeting begins at 1 p.
m. The place of the meeting is Company’s hall, Raudondvario av. 86A, Kaunas,
Lithuania. Registration of shareholders starts at 12.30 p.m. 

The agenda of the Extraordinary General Meeting of shareholders and the
announced decision project: 

1. Regarding approval for the project of peaceful agreement with UAB Kauno
Termofikacijos Elektrinė concluded during investigation of the case No. 268 of
Vilnius Commercial Arbitration Court. 

The decision project appears as follows: the Extraordinary General Meeting of
shareholders approves after acquaintance and analysis the project of peaceful
agreement with UAB Kauno Termofikacijos Elektrinė concluded during
investigation of the case No. 268 of Vilnius Commercial Arbitration Court. 

AB Kauno Energija shall not provide the possibility for participation and
voting in the Meeting using electronic communication channels. 

The account date of the Extraordinary General Meeting of Shareholders is 10
December 2015. Shareholders that own AB Kauno Energija shares as at the end of
the working day of the 10 December 2015 shall have the right for participation
in convened Extraordinary General Meeting of Shareholders. 

AB Kauno Energija share capital is divided into 42,802,143 (forty-two million
eight hundred and two thousand one hundred forty three) ordinary registered
shares. All of these shares carry the right to vote with their shareholders. 

The person participating in Extraordinary General Meeting of Shareholders must
submit an identity document. A person, who is not a shareholder, also must
submit a document confirming the voting right at the Extraordinary General
Meeting of Shareholders along with this document. The authorized person at the
Extraordinary General Meeting of Shareholders shall have the same rights as it
should represent by the shareholder. Shareholder's right to attend the
Extraordinary General Meeting of Shareholders also include the right to ask
questions. 

Please be informed that shareholders, who are entitled to participate at the
Extraordinary General Meeting of Shareholders, own the right to authorize by
electronic means physical or legal person to attend and vote on behalf of them
at the Extraordinary General Meeting of Shareholders. Power of attorney that is
issued by the shareholder must be submitted by e-mail
s.meskauskas@kaunoenergija.lt not later than till the end of the working day of
16 December 2015 (4.30 p. m.). 

Please be informed that, on decisions which are included into agenda of the
Extraordinary General Meeting of Shareholders can be voted in written by
completing the general ballot paper. If the person who had completed the
general ballot paper is not a shareholder, the completed general ballot paper
must be accompanied by a document confirming the right to vote. The duly
completed general ballot paper (voting bulletin) should be sent by mail or
delivered directly to the Company's office at Raudondvario av. 84, Kaunas, room
203, till 17 December 2015 (12 a.m.). The Company reserves the right not to
include in the shareholder’s early vote, if the general ballot paper does not
meet requirements of parts 3 and 4 of Article 30 of Law on Companies of the
Republic of Lithuania or the general ballot paper is written in a way that it
is impossible to establish shareholder‘s will on a separate issue. 

The agenda of the Extraordinary General Meeting of Shareholders may be
supplemented by initiative of shareholders who own shares no less than 1/20 of
all the votes. Proposals to the agenda of the Extraordinary General Meeting of
Shareholders may be submitted by mail or delivered to the Company's
representative office at Raudondvario av. 84, Kaunas, room 203, not later than
2 December 2015. 

Please be informed that, along with a proposal to supplement the agenda of the
Extraordinary General Meeting of Shareholders must be submitted the drafts of
proposed decisions, or if the decisions shall not be adopted, explanations on
each of the proposed issue. 

Please be informed that, shareholders who own shares no less than 1/20 of all
votes own the right at any time before the Extraordinary General Meeting of
Shareholders or during the meeting in writing or by mail propose new draft
decisions related to the questions included into agenda. 

Shareholders own the right to ask questions concerning agenda of the
Extraordinary General Meeting of Shareholders that will take place on 17
December 2015. Questions may be submitted by e-mail
s.meskauskas@kaunoenergija.lt or delivered directly to the Company's office at
Raudondvario av. 84, Kaunas, room 203, not later than till the end of the
working day of 11 December 2015 (2.00 p. m.). 

Shareholders can get acquainted with the Company‘s documents related to the
agenda of the meeting of shareholders, decision project and information related
to implementation of shareholders' rights starting from 26 November 2015 by
coming to the company’s residence at Raudondvario av. 84, Kaunas, room 203, or
in Company’s website http://www.kaunoenergija.lt. 


         Loreta Miliauskienė, Head of the Economics and Planning Department,
tel. +370 37 305 855

Attachments:

VOTING BULLETIN 2015.11.25_EN.pdf