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
OF CRNOGORSKI ELEKTROPRENOSNI SISTEM AD
The shareholders' meeting will be held in Podgorica. 16.12.2021at 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
Agenda 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 not able to attend the meeting can vote in advance through ballots delivered to the following address: Crnogorski elektroprenosni sistem AD - Bulevar Svetog Petra Cetinjskog 18 – Podgorica (for the Shareholder Meeting) not later than the beginning of the Shareholder Meeting. The ballot must be certified 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. .
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:
Crnogorski elektroprenosni sistem AD - Bulevar Svetog Petra Cetinjskog 18 – Podgorica (for the Shareholder Meeting – attn 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 meeting after presenting identity documents, and proxies will be identified after presenting power of attorney and identity documents. The power of attorney must be certified in accordance with law.
Notice of convening 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, BScEE