On the basis of Articles 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, to convene
X EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS
Montenegrin Electric Transmission System Ltd
The shareholders' meeting will be held in Podgorica. 16.12.2021in the year at the hotel "Ramada Podgorica, Boulevard S74 Avenija Kovačević, starting at 10:00.
For X for the extraordinary General Meeting of Shareholders, the following was determined
Day and Night Red:
1) Information on the current status and a proposal for an amendment to the budget and deadlines for the completion of the Project for connecting the electricity systems of Montenegro and Italy by a submarine DC cable, with a draft decision.
The decision on item 1 of the agenda is made by a majority vote of those present or represented. shareholders representing a quorum of at least 50% + 1 of the total number of the Company's voting shares.
Material for X 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 X The extraordinary General Meeting of Shareholders may be held on any working day between 09:00 and 15:00, starting from 25 November 2021.
Shareholders who are unable to attend the General Assembly may vote in advance by post, by sending their ballot papers to the following address: Crnogorski elektrotransmisioni sistem AD, Bulevar Svetog Petra Cetinjskog no. 18 – Podgorica (for the Shareholders' Meeting), no later than the start of the Shareholders' Meeting. The voting ballot 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 item on the agenda. in the queue before or during 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 06.12.2021. A copy of the power of attorney and personal documents must be attached to the email for the identification of the shareholder/attorney.
The original power of attorney must be submitted no later than 13.12.2021 to the address:
Montenegro Transmission System AD, 18 St. Peter of Cetina Boulevard, Podgorica (for the General Meeting of Shareholders – to the Company Secretary).
Registration of shareholders and proxies will be held from 09:00 to 10:00 on the day and at the venue of the Extraordinary General Meeting of Shareholders.
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 X 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