Grigeo AB: decisions of General Meeting held on 26/04/2019

The General Meeting of shareholders of Grigeo AB was held on 26/04/2019. The meeting heard the consolidated annual report of the Company for the year 2018 and the Auditor's report and made the following decisions:

• To approve the set of consolidated and separate financial statements of the Company for the year 2018.
• To approve the appropriation of the Company's profit for the year 2018 according to the draft of profit appropriation presented for the Annual General Meeting of Shareholders:

        from the Company's distributable profit of EUR 16,762,776 to allocate EUR 3,942,000 for the payment of dividends for the year 2018, i.e. EUR 0.06 dividend per one share, to appropriate EUR 160,000 for annual payments (tantiemes) to the members of the Board and Supervisory board of the Company and to carry forward to the next financial year an amount of EUR 12,820,776 as undistributed profit.

• To elect to the Supervisory council of Grigeo AB: Mr. Vilius Oškeliūnas, Mr. Norimantas Stankevičius, Mr. Romualdas Degutis, Mr. Normantas Paliokas and Mrs. Daiva Duksienė.

Gintautas Pangonis
President of Grigeo AB
(+370-5) 243 58 01