Panevezio Statybos Trestas - General meeting of shareholders

Convening of Annual General Meeting of Shareholders

On the initiative and following the resolution of the Board of Panevezio
statybos trestas AB, the Annual General Meeting of Shareholders of Panevezio
statybos trestas AB (address of registered office P. Puzino Str. 1, Panevezys,
company code 147732969) is convened on 21 April 2017. 

The place of the meeting - the meeting room of Panevezio statybos trestas AB at
P. Puzino Str. 1, Panevezys. 

The beginning of the meeting – at 11:00 (registration shall start at 10:30).

The record day of the meeting shall be 13 April 2017 (only the persons who at
the end of the record day of the General Meeting of Shareholders shall be on
the shareholder list of the company, or the persons who are a proxy for them,
or the persons with whom an agreement on the transfer of voting rights has been
concluded, shall have the right to participate and vote at the General Meeting
of Shareholders). 

The record day of the rights shall be 8 May 2017 (the shareholders shall use
their property rights resulting from the resolutions adopted at the General
Meeting of Shareholders in proportion to the number of shares hold at the end
of the record day of the rights). 

The meeting agenda:

  1. Audit opinion on the Financial Statements and Annual Report of the company
     for the year 2016.
  2. Annual Report of the company for the year 2016.
  3. Approval of a set of Financial Statements of the company for the year 2016.
  4. Appropriation of profit (loss) of the company for the year 2016.
  5. Election of members for the audit committee. 

The company shall not provide possibilities to participate and vote at the
meeting using any means of electronic communications. 

Draft resolutions on the items of the agenda, any documents to be presented to
the General Meeting of Shareholders and any information related to realisation
of the shareholders’ rights shall be published on the website of the company at
www.pst.lt under the menu item Investor Relations not later than 21 days before
the meeting date. The shareholders shall also be granted access to the
information thereof at the secretary’s office at the registered office of the
company (P. Puzino Str. 1, Panevezys) from 7:30 till 16:30. Telephone number
for inquiries: (+370 45) 505 508. 

The shareholders who hold shares carrying at least 1/20 of all votes may
propose additional items to be included in the agenda and present a draft
resolution of the General Meeting of Shareholders for each proposed additional
agenda item or, in case no resolution is to be adopted, give an explanation.
Any proposals for additional items of the agenda shall be submitted in writing
or by e-mail. 

The proposals in writing shall be delivered to the secretary’s office or sent
by registered mail to the following address: Panevezio statybos trestas AB, P.
Puzino Str. 1, LT-35173, Panevezys. The proposals by e-mail shall be sent to
the following e-mail address: pst@pst.lt. 

Any proposals for additional items of the agenda shall be presented before
16:00 on 7 April 2017. In the event new items are added to the meeting agenda,
not later than 10 days before the meeting date the company shall inform about
the additions thereof using the same means as were used for convening the
meeting. 

The shareholders who hold shares carrying at least 1/20 of all votes may
propose new draft resolutions on the items that are on or to be included in the
agenda, additional candidates for the members of the company bodies and the
audit company. The proposals thereof may be presented in writing or by e-mail. 

The proposals in writing before 8:00 on 21 April 2017 may be delivered (on work
days) to secretary’s office or sent by registered mail to Panevezio statybos
trestas AB, P. Puzino Str. 1, LT-35173, Panevezys. The proposals presented in
writing shall be discussed during the meeting provided they have been received
at the company before 8:00 on the meeting day (21 April 2017). Any proposals in
writing may be presented during the meeting after the chairman of the meeting
reads the agenda out but not later than the meeting starts working on the
agenda items. 

Any proposals to be delivered by e-mail are to be sent to pst@pst.lt. The
proposals received to the e-mail address thereof before 8:00 on 21 April 2017
shall be discussed during the meeting. 

The shareholders shall be entitled to present their questions related to the
agenda items to the company in advance. The questions may be sent by the
shareholders by e-mail to pst@pst.lt not later than 3 working days before the
meeting date. The company shall answer the questions thereof by e-mail before
the meeting. The company shall not deliver the answer to any question of the
shareholders in person provided the relevant information is published on the
website of the company at http://www.pst.lt. 

When registering for participation at the meeting, the shareholders or their
proxies shall present a document which is a proof of their personal identity.
The proxies to the shareholders shall present their proxies certified following
the prescribed procedure. The proxy issued by a legal person shall be certified
by a Notary Public. The proxy issued in a foreign country shall be translated
into Lithuanian and legalised following the procedure prescribed by law. The
proxy may be given the authority by more than one shareholder and vote in a
different manner based on the instructions given by each shareholder. The
company has no special form for the proxy. 

The shareholder may, using the means of electronic communications, authorize
some other natural or legal person to participate and vote at the meeting on
behalf of the shareholder. Such proxy shall require no certification by a
Notary Public. The proxy issued by the means of electronic communications shall
be certified by the electronic signature of the shareholder created using any
safe electronic signature software and attested by the qualified certificate
valid in the Republic of Lithuania. Both the proxy and the notification shall
be in writing. The shareholder shall notify the company about the proxy issued
by the means of electronic communications by e-mail to pst@pst.lt not later
than 16:00 on the last working day before the meeting date. The electronic
signature shall be affixed on the proxy and notification but not on the letter
sent by e-mail.  When sending the notification to the company, the shareholder
shall refer to the internet address to be used for the purpose of free
downloading of electronic signature verification software. In case the shares
hold by the shareholder are kept on a few securities accounts, the shareholder
may authorise a separate proxy to participate and vote at the General Meeting
of Shareholders in accordance with the rights carried by the shares kept in
each securities account. In that case, any instructions given by the
shareholder shall be valid only for one General Meeting of Shareholders. 

The shareholder who holds the shares of the company acquired in his name,
however for the interests of other persons, before voting at the General
Meeting of Shareholders shall disclose to the company the identity of the end
client, the number of voting shares and the content of given voting
instructions or any other explanation related to participation and voting at
the General Meeting of Shareholders agreed with the client. The shareholder may
vote in a different manner using one part of his shares carrying votes and the
other part of shares carrying votes. 

A shareholder or his proxy may vote in advance in writing by filling in the
general ballot paper. Not later than 21 days before the meeting date the form
of the general ballot paper shall be published on the website of the company at
http://www.pst.lt under the menu item Investor Relations. In case a shareholder
submits a written request, not later than 10 days before the meeting date the
company shall send a general ballot paper by registered mail or deliver it in
person against signature of receipt. The filled in general ballot paper shall
be signed by the shareholder or his proxy. In case the general ballot paper is
signed by the proxy, the document validating the voting right shall be attached
to it. The filled in general ballot paper with the attached documents (if
required) shall be delivered by registered mail to the secretary’s office at
Panevezio statybos trestas AB, P. Puzino Str. 1, LT- 35173, Panevezys not later
than the last working day before the meeting date. 

The following information and documents shall be published on the website of
the company at http://www.pst.lt under the menu item Investor Relations
throughout the entire period starting not later than 21 days before the meeting
date: 

-  notice of convening the meeting;

-  total number of company shares and number of voting shares on the date of
convening the meeting; 

-  draft resolutions on the items of the agenda and other documents to be
presented to the meeting; 

-  form of general ballot paper.



Dalius Gesevicius

Managing Director

Phone: (+370 45) 505 503