13th Extraordinary General Meeting of Shareholders of the Montenegrin Electric Transmission System AD
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
13th Extraordinary General Meeting of Shareholders
Montenegrin Electric Transmission System Ltd
The shareholders' meeting will be held in Podgorica. 25.01.2024in the year at the hotel "Hilton Podgorica, Boulevard St. Peter of Cetinje No. 2, starting at 10.00 lesson.
For XThird for the extraordinary General Meeting of Shareholders, the following was determined
Day and Night Red:
1) Decision on the dismissal of the members of the Board of Directors of the Montenegrin Transmission System Company AD;
2) Decision on the election of members of the Board of Directors of the Montenegrin Electricity Transmission System AD.
Decisions under item 1 of the agenda are madeи by a majority vote of the shareholders present or represented, provided a quorum of at least 50% of the total number of shares is present. Societies with the right to vote
Decision under item 2. It is passed by the so-called cumulative voting principle. Candidates for election to the Board of Directors shall be those 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 XThird 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 Thirteen An Extraordinary General Meeting of Shareholders can be held any working day between 09:00 and 15:00..00:00, starting from 05.01.2024.
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: Katarina Blagojevic@cges.me, no later than 15 January 2024. 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 23 January 2024 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 present shareholders and proxies will take place from 09:00 to 10:00. lesson per day and у placeу holding an 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 XThird 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