Economia
Regarding the Extension of the Deadline for Submission of the AUGA group, AB Restructucturing Plan Additional Information
In the announcement on May 29 , 2025, AUGA group, AB, with the legal entity code 126264360 (hereinafter referred to as the ), provided pertinent information on the restructuring processes of the Company and its controlled entities. The announcement stated that the Company did not have a tangible possibility to deliver the final restructuring plan by the set deadline (May 19 , 2025). Therefore, the Company sought to extend the deadline for approval and submission of the restructuring plan to the Court for the period stipulated by the Law on the Insolvency of Legal Entities – i.e. 6 months from the effective date of the decision to open the restructuring proceedings.
On June 12 , 2025, the Lithuanian Court of Appeal issued a binding and non-appealable decision extending the deadline for the submission of the restructuring plan of the Company for Court approval until July 19 , 2025.
The restructuring plan of the Company, which shall include economic, technical, organisational, and other measures designed to address the financial difficulties faced by the Company, will be presented to creditors, shareholders, and other relevant stakeholders in accordance with the procedures and deadlines foreseen by applicable legal acts and/or determined by the Court ruling over the Company’s restructuring proceedings.
Contacts:
AUGA group, AB CEO
Elina Chodzkaitė - Barauskienė
+370 5 233 5340
2321 Rosecrans Avenue. Suite 2200
90245 El Segundo Stati Uniti