2013-07-26 12:11:59 CEST

2013-07-26 12:12:59 CEST


REGULATED INFORMATION

Lithuanian English
LESTO AB - Notification on material event

Decisions adopted in Extraordinary General Meeting of Shareholders of LESTO AB on 26th of July, 2013 


Vilnius, Lithuania, 2013-07-26 12:11 CEST (GLOBE NEWSWIRE) -- LESTO AB,
identification code 302577612, registered office placed at Žvejų str. 14,
Vilnius, Republic of Lithuania. The total number of registered ordinary shares
issued by company is 603 944 593; ISIN code LT0000128449. 

The Extraordinary General Meeting of Shareholders of LESTO AB, held on 26th of
July, 2013, adopted the following decisions: 

1.Item of agenda “Relating to the selection of the audit company that will
perform consolidated audit of financial statements and the audit for the year
2013 of LESTO AB and determination of payment conditions for the audit
services”. 
1.1.To select the audit firm UAB “PricewaterhouseCoopers“ to carry out the
consolidated audit of financial statements and the audit of LESTO AB financial
statements for the year 2013 and to pay it for the audit services of financial
statements for the year 2013 the amount of no more than 90 000,00 LTL
(excluding value added tax). 

2.Item of agenda “Relating to the approval of a new version of the Articles of
Association of the Company”: 
2.1.To approve a new version of the Articles of Association of the Company
(attached) and to authorize the Director General to sign the amended Articles
of Association. 

3.Item of agenda “Regarding the allocation of the profit (loss) of LESTO AB of
the year 2012”: 
3.1.To determine that two Supervisory board members of LESTO AB will be elected
on Extraordinary General Meeting of Shareholders of LESTO AB of 26th of July,
2013. 
3.2.To elect the following 2 (two) persons as Supervisory board members for a
four (4) year cadence: 
3.2.1.Ilona Daugėlaitė (personal code and place of residence must not be
published); 
3.2.2.Darius Kašauskas (personal code and place of residence must not be
published). 

4.Item of agenda “Relating to the approval of the terms and conditions of
contracts”: 
4.1.To approve the terms and conditions related to the protection of
confidential information agreement signed by the members of the Supervisory
Board (attached); 
4.2.To approve the terms and conditions of the contract related to the activity
of the Supervisory Board member (attached); 
4.3.To approve the terms and conditions of the contract related to the activity
of an independent member of the Supervisory Board (attached); 
4.4.To define an hourly pay (before taxes) in the amount of 150 LTL (one
hundred and fifty LTL) for an independent member of the Supervisory Board for
the actual activity as an independent member of the Supervisory Board; 
4.5.To establish that the hourly pay for an independent member of the
Supervisory Board of the Company is limited to a maximum amount of 3,500 LTL
(three thousand five hundred LTL) (before taxes); 
4.6.To authorize the Director General to sign contracts with the members of the
Supervisory Board the conditions of which are specified in the above paragraphs
4.1 - 4.3 herein, giving the right to emend non-essential terms and conditions
in the contracts. 

Information about aforementioned decisions is also available on the website of
LESTO AB at http://www.lesto.lt as well as at the headquarters of LESTO AB
(Žvejų str. 14, Vilnius) during business hours (7.30-11.30 a.m. and 12.15-4.30
p.m.; 7.30-11.30 a.m. and 12.15-3.15 p.m. on Fridays). 

Information is not confidential.      Person for contacts: Representative for Public Relations Ernestas
Naprys, Tel. No (8~5) 251 4516.