Pursuant to Articles 135, 136 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, c o n v e n e s
Thirteen Regular Shareholders' Meeting
Montenegrin Electric Transmission System Ltd
The shareholders' meeting will be held in Podgorica. 28.06.2022in the year at the hotel "Hilton ' Podgorica, Boulevard of Saint Peter of Cetinje number 2, starting at 10:00.
For XThird regular The following was established at the shareholders' meeting:
Day and Night Red:
1) OOn the adoption of the CGEB's Financial Statements for 2021, with the auditor's report;
2) Decision on the allocation of realised CGES profit 2021. year;
3) ODraft decision on the amendment of the Decision on the distribution of net profit for 2020, no. 10-00-9959 of 26 October 2021.;
4) ODiscussion on the adoption of the CGES business report for 2021;
5) OResolution on the selection of the CGE's auditor for 2022;
6) Odraft policy on the introduction of CGE's fees;
7) Oto carve o :
7.1.Relief of the members of the CGEB;
7.2.To the election of members of the CGEB Board of Directors.
Oto the left under dot 1, 3, 4, 5, 6 and 7.1 are brought to the agenda by a majority of votes present or represented shareholders of a quorum who does at least ½ (50%) + 1 from total number of shares Companies with voting rights.
Decision under the point 2 agenda passed by a majority from 77% total number of shares Companies with voting rights.
The decision under item 7.2 is made by the so-called cumulative voting principle. Candidates for the Board of Directors will be elected who receive the highest number of votes from a quorum constituting the minimum. ½ (50%) + 1 of the total number of the Company's shares with voting rights.
Material for Thirteen At the regular General Meeting of Shareholders, the report 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 Thirteen The regular General Meeting of Shareholders can be held on any working day between 09:00 and 15:00, starting from 08.06.2022.
Shareholders who are unable to attend the General Assembly may vote in advance by post, by sending their votes to the following address: Crnogorski elektropredajni sistem AD – 18 St. Petar Cetinjski Boulevard – 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 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 before or during the meeting.
AShareholders 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, at the latest to 17.06.2022. in the year. A copy of the power of attorney and personal identity documents must be attached to the email for the identification of the shareholder/attorney.
OThe original power of attorney must be submitted no later than 23.06.2022. years, to the address: Montenegro's Electricity Transmission System Ltd. – Saint Petar Cetinjski Boulevard No.. 18 – Podgorica (for the General Meeting of Shareholders).
Shareholders will be identified at the General Assembly 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 notarised in accordance with the law.
Notice of Convocation Thirteen Ordinary General Meeting of Shareholders, Power of attorney forms и ballot papers, as well as instructions o the way of voting electronically will be available on The Society's website: www.cges.me.
CHAIRMAN OF THE BOARD,
Aleksandar Mijušković, MEng, Electrical Engineering, self-employed