9th Extraordinary General Meeting of Shareholders of the Montenegrin Electricity Transmission System AD
Pursuant to Article 135, 136, 149, 151 and 161 of the Law on Commercial Companies ('Official Gazette of Montenegro' no. 65/20) and Article 45, paragraph 1, point 2 of the Statute of the Montenegrin Transmission System Company AD, the Board of Directors, c a l l s
IX EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS
Montenegrin Electric Transmission System Ltd
The shareholders' meeting will be held in Podgorica. 26.10.2021. in the Hilton Podgorica hotel, 2 Bulevar Sv. Petra Cetinjskog, starting at 10:00.
By Decision of the Board of Directors No. 9482 of 14 October 2021, at the request of the shareholder, the State of Montenegro, the agenda was expanded. IX Extraordinary General Meeting of Shareholders of the Montenegrin Electricity Transmission System AD.
For IX for the extraordinary General Meeting of Shareholders, the following was determined
Day and Night Red:
1) Proposal for a decision on the distribution of the net profit of Crnogorski elektropredajni sistem A.D. for 2020.
2) Proposal for a decision on the dismissal of the members of the Board of Directors of the Montenegrin Transmission System Company AD;
3) Proposal for a decision on the election of members of the Board of Directors of the Montenegrin Electricity Transmission System AD.
The decision under item 1 of the agenda is passed by a majority of 77% of the Company's total voting shares.
Decisions under items 2 and 3 are made by the so-called cumulative voting principle. Candidates for the Board of Directors shall be elected who receive the highest number of votes from a quorum representing at least 50% + 1 of the total number of the Company's voting shares.
Material for IX The documents for the extraordinary General Meeting of Shareholders will be made available to shareholders at the CGE's business premises, Podgorica, 18 St. Peter of Cetina Boulevard (office no. 301).
Insight into the material for IX The extraordinary General Meeting of Shareholders may be held any working day between 09:00 and 15:00, starting from 15.October 2021.
Shareholders who are unable to attend the General Assembly may vote in advance by ballot, which should be delivered to the address: Montenegrin Transmission System AD, Boulevard Sv. Petra Cetinjskog no. 18, Podgorica (for the General Assembly of Shareholders), no later than the start of the General Assembly of Shareholders' session. The voting form must be notarised in accordance with the law.
Shareholders with their registered office/residence outside the territory of Montenegro may participate electronically in the work of the General Assembly of Shareholders and vote on the pointsbut whoThey are on the agenda before or during the holding of the session.
Shareholders who intend to participate in the General Meeting of Shareholders electronically shall notify the Company of this from their official email address to the following email address: committee administrator@cges.me, no later than 21.10.2021. и Provide a copy of the power of attorney and personal documents for the identification of the shareholder/attorney.
The original power of attorney must be submitted no later than 25.10.2021 to the address:
Montenegrin Electricity Transmission System AD, 18 St. Petar Cetinjski Boulevard, Podgorica (for the Shareholders' Meeting – to the Company Secretary).
Registration of present shareholders and proxies will take place from 09:00 to 10:00. satisfaction the date and place of holding the extraordinary General Meeting of shareholdersа.
Shareholders will be identified at the General Assembly by means of personal identity documents, and proxies by means of a power of attorney and personal identity documents. The power of attorney must be notarised in accordance with the law.
Notice of Convocation IX The documents for the extraordinary General Meeting of Shareholders, proxy forms and ballot papers, as well as instructions on how to vote electronically, will be available on the Company's website: www.cges.me.
Chairman of the Board,
Aleksandar Mijušković, MEng, Electrical Engineering, self-employed
Glasački listić -tačka 1 i 2 – SA V9.pdf