Na osnovu člana 36, stav 5, Zakona o privrednim društvima („Sl.list RCG“ br. 6/2002., „Sl.list CG“ br.17/07, 80/08, 40/10, 36/11 i 40/11) i člana 45, stav 1, tačka 2 Statuta Crnogorskog elektroprenosnog sistema AD, Odbor direktora, call
XI ANNUAL GENERAL MEETING OF SHAREHOLDERS
Montenegrin Transmission System AD
Shareholders assembly will be held in Podgorica 30.06.2020. years at the Hilton Podgorica hotel, 2 St. Petar Cetinjski Boulevard, starting at 10:00.
For XI the regular General Meeting of Shareholders, the following was established
Daily red:
1. Financial statements of the Montenegrin Electricity Transmission System AD for 2019;
2. Decision on the distribution of the profit realised by the Montenegrin Transmission System Operator AD for 2019;
3. Report on the business of the Montenegrin Transmission System Operator AD for 2019;
4. Decision on the selection of the auditor of Crnogorski elektroprenosni sistem AD for 2020;
5. Information on the process of acquiring own shares and their sale;
6. Information about the Electricity Exchange DOO;
7. Information on the implementation of the project to connect the electricity systems of Montenegro and Italy;
8. Decision on:
8.1. the dismissal of the members of the Board of Directors of the Montenegrin Electricity Transmission System AD;
8.2. Election of members of the Board of Directors of the Montenegrin Electricity Transmission System AD.
Decisions under items 1, 2, 3, 4, 5, 6, 7 and 8.1 of the agenda are made by a majority vote of those present or represented. shareholders representing a quorum of at least 50% plus one of the total number of the Company's voting shares.
Decision under the point 8.2. is adopted 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 XI the regular General Meeting of Shareholders...will be made available for inspection to shareholders at the CGES's business premises – Podgorica, 18 Bulevar Svetog Petra Cetinjskog (office no. 301).
Insight into the material for XI regular Shareholders' Meeting, can be carried out on any working day between 09:00 and 15:00, starting from 01.06.2020.
Shareholders who are unable to attend the General Assembly may vote in advance by post, using the ballot papers to be sent to the address: Crnogorski elektroprenosni sistem AD – Bulevar Sv. Petra Cetinjskog no. 18 – Podgorica (for the General Assembly of Shareholders) no later than the start of the General Meeting of Shareholders. The ballot paper must be certified in accordance with the law.
Shareholders with their registered office or residence outside the territory of Montenegro may participate electronically in the work of the General Assembly of Shareholders and vote on the items on the agenda. redirect before or during the holding of the session.
Shareholders who intend to participate in the General Meeting of Shareholders electronically will notify the Company of this from their official email address to the following email address: committee administrator@cges.me, by 23 June 2020. A copy of the power of attorney and personal identification 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 26 June 2020 to the address:
Montenegrin Electricity Transmission System AD – 18 Bulevar Sv. Petra Cetinjskog – Podgorica (for the General Meeting of Shareholders).
Shareholders will be identified at the General Meeting by means of personal identity documents, and proxy holders by means of a power of attorney and personal identity documents. The power of attorney must be certified in accordance with the law.
Notice of Convocation XI The notices for the ordinary General Meeting of Shareholders, proxy forms and voting slips, as well as instructions on how to vote electronically, will be available on the Company's website.: www.cges.me.
CHAIRWOMAN OF THE COMMITTEE,
Vesna Bracanović, MSc Economics, self-employed
RESOLUTIONS FROM THE 11TH ANNUAL GENERAL MEETING OF CGES SHAREHOLDERS:
Disclaimer (test period):
For all agenda items (except item 2), following the public vote, the chairman noted that 13, or 100% of the shareholders present/represented, voted 'FOR', which represents 88.0302% of the total number of the Company's shares.
For item 2 of the agenda, following a public vote, the chairperson declared that 5, or 87.9784% of those present, voted 'FOR' the proposal for the distribution of the realised profit of Crnogorski elektroprenosni sistem AD for 2019, while 0 voted 'AGAINST' and 0 abstained.of shareholders present/represented, which represents 77.4476% of the total number of the Company's shares, while 8, or 12.0215% of shareholders present/represented, voted 'AGAINST' the proposal for the said decision, which represents 10.5825% of the total number of the Company's shares.