Economia
Resolution of the Annual General Meeting of Shareholders of AB Akola Group
The Annual General Meeting (hereinafter – the Meeting) of AB Akola Group (hereinafter – the Company) was held on 31 October 2025.
On the Accounting day of the Meeting the total number of the Company’s shares is 167,170,481, and the number of shares granting voting rights is 166,573,819. The own shares in the amount of 596,662 acquired by the Company do not grant voting rights.
In total 18 Company’s shareholders, who owned shares of the Company at the end of the Accounting day of the Meeting (24 October 2025), participated in the Meeting having 136,527,463 share votes, which amounted to 81.96 percent of the total number of the Company’s share votes. 14 duly filled General Voting Ballots were presented before the Meeting, and 7 incorrectly completed General Voting Ballots received were not counted.
The Board member and Deputy CEO for Finance and Investments of the Company Mažvydas Šileika participated in the Meeting.
The quorum existed.
1.
Presented. No voting.
2.
Approve the Consolidated and the Company‘s Set of Financial Statements for the financial year ended 30 June 2025.
Results of voting:
FOR – 136,527,463 votes (including 136,322,110 share votes of shareholders who voted in advance).
AGAINST – 0.
DID NOT VOTE – 0.
3.
Acquire the Company’s own shares under the following conditions:
1) The purpose of acquisition of own shares is to maintain and increase the Company’s share price and/or to reduce the Company’s share capital by cancelling the acquired shares, and/or to grant options to the Company’s and the Group’s employees in accordance with the AB Akola Group Rules of Granting Shares.
2) The maximum number of shares permitted for acquisition is up to 5 (five) percent of all Company’s shares.
3) The period during which the Company may acquire its own shares is 18 months from the date of approval of the present decision.
4) Maximum acquisition price per one share is EUR 1.9, minimum acquisition price per one share is EUR 1.5.
5) When selling own shares, equal opportunities must be ensured for all shareholders to acquire the Company’s shares. The minimum sale price of own shares shall be set equal to their acquisition price. The Company may cancel the acquired own shares.
6) Authorise the Board of the Company to organise acquisition and sale of own shares, to determine the procedure, timing, quantity, and price of such transactions, and to fulfil all other related actions in accordance with the Law on Companies of the Republic of Lithuania and the conditions set forth in the present decision.
Results of voting:
FOR – 136,527,463 votes (including 136,322,110 share votes of shareholders who voted in advance).
AGAINST – 0.
DID NOT VOTE – 0.
4.
Form the reserve for acquiring its own shares in amount of EUR 3,000,000 (three million euros).
Results of voting:
FOR – 136,527,463 votes (including 136,322,110 share votes of shareholders who voted in advance).
AGAINST – 0.
DID NOT VOTE – 0.
5.
Approve the Distribution of the Company’s Profit/Loss:
* Dividends in amount of EUR 14,991,644 are allocated for the financial year ended on 30 June 2025, EUR 0.09 with taxes per one share of the Company (calculated without own shares acquired by the Company).
Results of voting:
FOR – 136,527,463 votes (including 136,322,110 share votes of shareholders who voted in advance).
AGAINST – 0.
DID NOT VOTE – 0.
6.
Approve a new wording of AB Akola Group Remuneration Policy.
Results of voting:
FOR – 136,527,463 votes (including 136,322,110 share votes of shareholders who voted in advance).
AGAINST – 0.
DID NOT VOTE – 0.
7.
Approve a new wording of AB Akola Group Rules for Granting Shares.
Results of voting:
FOR – 136,527,463 votes (including 136,322,110 share votes of shareholders who voted in advance).
AGAINST – 0.
DID NOT VOTE – 0.
For more information:
Mažvydas Šileika
Deputy CEO for Finance and Investments at AB Akola Group
E-mail m.sileika@akolagroup.lt
Mob. +370 619 19 403
Attachments
2321 Rosecrans Avenue. Suite 2200
90245 El Segundo Stati Uniti