Pursuant to Article 135,136,149,151 and 161 of the Companies Act (Official Gazette of Montenegro no. 65/20) and Article 45 paragraph 1 item 2 of the By-Laws of Crnogorski elektroprenosni sistem AD, the Board of Directors hereby convenes
XIII EXTRAORDINARY GENERAL SHAREHOLDER MEETING
OF CRNOGORSKI ELEKTROPRENOSNI SISTEM AD
The shareholders' meeting will be held in Podgorica. 25.01.2024at the hotel "Hilton Podgorica, Boulevard St. Peter of Cetinje No. 2, starting at 10.00 h.
The following Agenda has been determined for XIII Extraordinary Shareholder Meeting:
Agenda:
1) Decision on removal of members of the CGES AD Board of Directors;
2) Decision on appointment of members of the CGES AD Board of Directors
Decision referred to in agenda item 1 shall be adopted by majority of votes of the shareholders present or represented by proxies of the quorum consisting of at least ½ (50%) + 1 of the total Company’s voting shares.
Decision reffered to in the Agenda item 2 shall be adopted by the so-called cumulative voting principle. Candidates who win the largest number of votes of the quorum consisting of at least ½ (50%) + 1 of the total Company’s voting shares will be elected members of the Board of Directors.
The material for XIII Extraordinary Shareholder Meeting will be made available to the shareholders at CGES’ premises in Podgorica at the address Bulevar Svetog Petra Cetinjskog no. 18 (office no. 301).
Insight into the material for XIII Extraordinary Shareholder Meeting will be made available every working day between 9.00 h and 15.00 h starting from 5 January 2024.
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 no. 18 – Podgorica (for the Shareholder Meeting) no later than the beginning of the Shareholder Meeting. The ballot must be certified in accordance with the law.
Shareholders with registered office/residence outside the territory of Montenegro may electronically participate in the work of the Shareholder Meeting and vote on the agenda item before or during the meeting. .
Shareholders who intend to participate electronically in the work of the Shareholder Meeting shall notify the Company via their official e-mail address to the following e-mail address: katarina.blagojevic@cges.me no later than 15 January 2024. Attached to the e-mail, it is necessary to submit a copy of the power of attorney and personal documents in order to identify the shareholder/proxy.
The original power of attorney shall be submitted no later than 23 January 2024 to the following address:
Crnogorski elektroprenosni sistem AD, Bulevar Svetog Petra Cetinjskog no. 18, Podgorica (for the Shareholder Meeting – attn Company Secretary).
The registration of the present shareholders and proxies will be done from 9 h to 10 h on the day and at the place of holding the Extraordinary Shareholder Meeting.
Shareholders will be identified 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 XIII Extraordinary Shareholder Meeting, forms of power of attorney and ballots, as well as instructions on how to vote electronically, will be available at the Company’s website: www.cges.me.
Chairman of the Board,
Aleksandar Mijušković, BScEE
XIII vanredna SA – punomoćje.pdf / XIII extraordinary GSM – Power of Attorney.pdf