Pursuant to Article 135,136,149,151 and 161 of the Companies Act (Official Gazette of Montenegro no. 65/20) and Article 45 paragraph 1 item 2 of the By-Laws of Crnogorski elektroprenosni sistem AD, the Board of Directors hereby convenes
XII EXTRAORDINARY SHAREHOLDER MEETING
OF CRNOGORSKI ELEKTROPRENOSNI SISTEM AD
The Shareholder Meeting will be held in Podgorica on 5 May 2023 at 10:00 h at hotel HILTON Podgorica, Bulevar Svetog Petra Cetinjskog no. 2.
The following Agenda has been determined for the XII Extraordinary Shareholder Meeting:
Agenda
1) Adoption of the Letter of Agreement with Annex 1 - Amendment to the Loan Agreement between Crnogorski elektroprenosni sistem AD and the European Bank for Reconstruction and Development (EBRD).
The Decision under item 1 of the Agenda shall be adopted by a majority vote of 77% of the total number of all issued shares of the Company.
The material for the XII Extraordinary Shareholder Meeting will be made available to the shareholders at CGES’ premises in Podgorica at the address Bulevar Svetog Petra Cetinjskog no. 18 (office no. 301).
Insight into the material for the XII Extraordinary Shareholder Meeting will be made available every working day between 9:00 h and 15:00 h starting from 15 April 2023.
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 no. 18 – Podgorica (for the Shareholder Meeting) no later than the beginning of the Shareholder Meeting. The ballot must be certified in accordance with the law.
Shareholders with registered office/residence outside the territory of Montenegro may electronically participate in the work of the Shareholder Meeting and vote on the agenda item before or during the meeting.
Shareholders who intend to participate electronically in the work of the Shareholder Meeting shall notify the Company via their official e-mail address to the following e-mail address: katarina.blagojevic@cges.me not later than 25 April 2023. Attached to the e-mail, it is necessary to submit a copy of the power of attorney and personal documents in order to identify the shareholder/proxy.
The original power of attorney shall be submitted not later than 3 May 2023 to the following address:
Crnogorski elektroprenosni sistem AD, Bulevar Svetog Petra Cetinjskog no. 18, Podgorica (for the Shareholder Meeting – attn Company Secretary).
The registration of the present shareholders and proxies will be done from 9 h to 10 h on the day and at the place of holding the Extraordinary Shareholder Meeting.
Shareholders will be identified 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 the XII Extraordinary Shareholder Meeting, forms of power of attorney and ballots, as well as instructions on how to vote electronically, will be available at the Company’s website: www.cges.me.
CHAIRMAN OF THE BOARD
Aleksandar Mijušković, BScEE m.p.
XII ESM - ballot.pdf
XII ESM - Power of Attorney.pdf