Pursuant to Article 135, 136 и Article 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
XV Regular Shareholders' Meeting
Montenegrin Electric Transmission System Ltd
The shareholders' meeting will be held in Podgorica. 28.06.2023in the year at the hotel "Cue", 7 Cetinjska Street, starting at 10.00 lesson.
For XV regular Shareholders' Meeting, the following was established
Day and Night Red:
1. Decision on the adoption of the Financial Statements of Montenegrin Transmission System Company AD for 2023, with the auditor's report;
2. Decision on the distribution of the realised profit of Crnogorski elektropredajni sistem AD for 2023;
3. Decision on the adoption of the business report of the Montenegrin Transmission System Operator AD for 2023;
4. Information o current in a state и suggestion amendments budget и Rocka for finishing Project connections electricity – energy system of Montenegro and Italy underwater by cable one-way currents;
5. Decision on the selection of the auditor of Crnogorski elektropredajni sistem AD for 2024;
6. Decision on the adoption of the Tariff Policy of Montenegro Transmission System Company AD
7. Decision on:
7.1 Appointment of members of the Board of Directors of the Montenegrin Electricity Transmission System AD;
7.2 Election of members of the Board of Directors of the Montenegrin Electricity Transmission System AD
Decisionе under item 1, 3, 5, 6 and 7.1. delivered from the agendais by a majority of votes of the shareholders present or represented, the quorum required is at least ½ (50%) + 1 of the total number of voting shares.
Decisions under items 2 and 4 of the agenda Passed by a majority of 77% total number all Society's action with the right to vote.
The decision under item 7.2 is made on a cumulative voting basis. Candidates for the Board of Directors shall be elected who receive the highest number of votes from a quorum, which constitutes at least ½ (50%) + 1 of the total number of the Company's voting shares.
Material for The documents for the 15th Ordinary General Meeting of Shareholders will be made available for inspection by shareholders at the CGE's business premises, Podgorica, 18 St. Peter of Cetina Boulevard (Office No. 301).
Insight into the material for The 15th Ordinary General Meeting of Shareholders, can be carried out every working day at a time from 10 – 15.00 hours, starting from 08.06.2024in the year
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 itemscama which are on a daily basis in the queue before or during the session.
Shareholders who intend to participate in the work of the General Meeting of Shareholders electronically I can with To notify the Society of this at the following email address: Katarina Blagojevic@cges.me, no later than 18.06.2024. In the email attachment, a copy of the power of attorney and personal documents must be provided for the identification of the shareholder/attorney.
The original power of attorney must be submitted no later than 25.06.2024in the year 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 Fifteenth regularе Assemblyе Shareholder forms of proxy and voting slips, 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
1. ballot paper - points 1 to 7.1; XV regular Sa.docx
2. ballot paper_ item 7.2; XV regular Sa.docx
15th Ordinary General Meeting of Shareholders – General Power of Attorney.docx