Kauno Energija - Notification on material event

Convocation of the Extraordinary General Meeting of Shareholders of AB Kauno Energija

The Extraordinary General Meeting of Shareholders of AB Kauno Energija (code of
enterprise 235014830, address Raudondvario av. 84, Kaunas) is convoked on 29
July 2016 by the decision No 2016-14-1 of 30 June 2016 of Company’s Management
Board “Regarding Convocation of the Extraordinary General Meeting of
Shareholders of AB Kauno Energija and unveiling of agenda and project of
decision on agenda issue”. 

The date of the Extraordinary General Meeting is 29 July 2016, Thursday. Time –
1 p.m. Place – Company’s hall at Raudondvario av. 86A (first floor), Kaunas,
Lithuania. Registration of shareholders starts at 12.30 p.m. 

The agenda and resolutions projects for the Extraordinary General Meeting of
Shareholders: 

1. Regarding approval of agreement signed between AB Kauno Energija and UAB E
energija on acquisition of shares of UAB Petrašiūnų Katilinė signed on June 23 

Resolution project – the Extraordinary General Meeting after survey and
evaluation of the  agreement signed between AB Kauno Energija and UAB E
energija on acquisition of the shares of UAB Petrašiūnų Katilinė signed on June
23 approves this agreement. 

The AB Kauno Energija will not provide the possibility to participate and vote
in the Extraordinary General Meeting of Shareholders through electronic
communication channels. 

The account date of the Extraordinary General Meeting of Shareholders –22 July
2016. Persons, who will own the shares of AB Kauno Energija as at the end of
the working day of 22 July 2016 will have the right to take part and to vote
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, along with this
document also must submit a document confirming the right to vote at the
Extraordinary General Meeting of Shareholders. 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 sending e-mail
s.meskauskas@kaunoenergija.lt not later than 28 July 2016 (4.30 p.m.). 

Please be informed that decisions which are included into Extraordinary General
Meeting of Shareholders agenda 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, room 203, Kaunas till 29 July 2016 (12
a.m.). The Company reserves the right not to include in the shareholder vote
early, if the general ballot paper does not meet the third and fourth parts of
the 30 Article of Law on Companies requirements 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 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, room 203, Kaunas no later than 14 July 2016. 

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 the questions concerning the agenda of the
Extraordinary General Meeting of Shareholders. Questions may be submitted by
e-mail s.meskauskas@kaunoenergija.lt or delivered directly to the Company's
office at Raudondvario av. 84, room 203, Kaunas, not later than 4.30 p.m. of 25
July 2016. 

Starting from 4 July 2016 the shareholders can get acquainted with the
company‘s documents related to the agenda of shareholders meeting and decisions
projects of the meeting and information relating to shareholders' rights by
coming to the company – Raudondvario av. 84, Kaunas or in the webpage of the
company (http://www.kaunoenergija.lt). 


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

Attachments:

VOTING BULLETIN 20160729_EN.pdf