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
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.
For XThird for the extraordinary General Meeting of Shareholders, the following was determined
Agenda 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 madeand 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 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: 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:
Crnogorski elektroprenosni sistem AD - Bulevar Svetog Petra Cetinjskog 18 – Podgorica (for the Shareholder Meeting – attn Company Secretary).
Registration of attending shareholders and proxies will be carried out from 9:00 h to 10:00 h on the day at andat holding an 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 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, BScEE