Notification on material event
Resolutions of the Extra-Ordinary General Meeting of Shareholders
Šiauliai, Lithuania, 2013-08-06 15:18 CEST --
The following events took place and resolutions were made during the Extra-Ordinary General Meeting of the Shareholders held on 6 August 2013:
1.The decision regarding the amendments of the Bank Charter was made:
1) To amend Article 8.1 of the Charter of the Bank and set it as follows:
„8.1. The Board is a collegial Bank management body, consisting of 8 (eight) members. It manages the Bank, handles its matters and answers under the laws for execution of the Bank‘s financial services.“
2) To authorize (with the right to re-authorize) the Chief Executive Officer of the Bank Mr Audrius Žiugžda to sign the amended Charter.
2. Partially changing the resolution passed by the General Meeting of Shareholders held on 2012-03-29 regarding the Bank’s auditor it was determined that the price paid for the Bank’s audit services shall not exceed LTL 189 000 (excluding VAT) in 2013.
3. Mr Alexander Saveliev (the representative of the European Bank for Reconstruction and Development) was elected into Supervisory Council of the Bank until the end of the current Supervisory Council tenure, i.e. until the Ordinary General Shareholder’s Meeting in 2016.
Chief Executive Officer Audrius Žiugžda
Director of the Treasury Department Pranas Gedgaudas provides additional information and is available on tel.: +370 41 595653.