Notice is hereby given that upon the decision of AB Bank SNORAS Board, the ordinary general shareholders' meeting of AB bank SNORAS, the address of the registered office: A. Vivulskio str.7, Vilnius, reg. code 112025973, will be held on 31 March 2011. Ordinary General Meeting Agenda:
1. The annual report on the bank's performance in 2010.
2. The auditor's report.
3. Consideration and approval of the financial statement of the Bank for the year 2010.
4. Concerning remuneration to the members of the Supervisory Board.
5. Approval of the resolution on distributing the Bank's profit earned in 2010.
6. Election of the auditing firm and settlement of the terms of payment for the audit services.
7. Concerning termination of the Bank's Supervisory Board authorizations upon expiry of the term of office.
8. Concerning election of the Bank's Supervisory Board for a new term of office.
9. Other issues.
The meeting starts at 14:00. The meeting venue: in the premises of AB Bank „Finasta", situated at: Maironio str. 11, Vilnius. The meeting participants are registered at 13:00.
The accounting day of the shareholders' meeting - 24 March 2011, i.e. to participate and vote during the General Shareholders' Meeting have a right only the persons, who at the end of 24 March 2011 become shareholders of the Bank.
The persons arriving to the meeting must have the personal identification document. The shareholders' authorized persons must additionally have the power of attorney confirmed under the order established by the law. The authorized persons during the meeting have the same rights, which would possess the shareholders represented by them. The authorized persons during the meeting have to vote by following the instructions given by the shareholders who authorized them.
On the day of convening the meeting, the authorized capital of the bank comprises of 474 217 107 registered ordinary shares of LTL 1 nominal value and 2 000 000 units of preference registered shares of LTL 10 nominal value. 474 217 107 registered ordinary shares grant the voting rights during the General Shareholders' Meeting.
Shareholders whose shares provide no less than 1/20 of all the votes (23 710 856) have a right:
1. To supplement the General Shareholders' Meeting agenda. The proposal to supplement the agenda together with the proposed questions of the projects of the decisions on each proposed question of the General Shareholders' Meeting agenda, in a written form is submitted:
- by a registered letter to the address: A.Vivulskio str. 7, Vilnius, the Republic of Lithuania;
- personally in AB Bank SNORAS Brokerage Department at A.Vivulskio str. 7, Vilnius, the Republic of Lithuania on business days from 8:00 till 16:30 (on Fridays till 15:30);
- by fax +370 5 232 73 06.
The meeting agenda will include the questions, whose proposals will be received till 17 March 2011.
2. Prior to the General Shareholders' Meeting or during the meeting may propose projects of the decisions concerning the questions that are included in the agenda of General Shareholders' Meeting, to propose the candidates for the members of the Supervisory Board. The proposal in a written form shall be submitted:
- by a registered letter to the address: A.Vivulskio str. 7, Vilnius, the Republic of Lithuania;
- personally - in AB Bank SNORAS Brokerage Department at A.Vivulskio str. 7, Vilnius, the Republic of Lithuania on business days from 8:00 till 16:30 (on Fridays till 15:30);
- by fax +370 5 232 73 06.
The proposals, which were submitted till 30 March 2011 or were submitted during the meeting, will be discussed.
Shareholders have a right to submit the questions related to the agenda questions of the General Shareholders' Meeting beforehand. Questions may be submitted:
- by a registered letter to the address: AB Bank SNORAS Brokerage Department, A.Vivulskio str. 7, Vilnius, the Republic of Lithuania;
- personally in AB Bank SNORAS Brokerage Department at A.Vivulskio str. 7, Vilnius, the Republic of Lithuania on business days from 8:00 till 16:30 (on Fridays till 15:30);
- by fax +370 5 232 73 06.
The answers to the questions will be provided on the web-site of the Bank. The questions will be answered if they are submitted till 26 March 2011. The general voting bulletins for voting shall be sent beforehand if the shareholders possessing the voting right demand this in writing. The general voting bulletins will be delivered to the shareholders who request them if the Bank receives the shareholder's demand to provide the general voting bulletin till 17:00 on 18 March 2011. The shareholder by providing the demand to receive the general voting bulletin must indicate in what way he prefers to receive bulletin: personally against receipt or by registered mail and indicate the address.
Filled in voting bulletins will be accepted and the votes indicated in them shall be included by establishing the voting result of each agenda question if they correspond to all these provisions:
- the name, surname and personal code of the shareholder-natural person; the name and code of the shareholder-legal person shall be indicated in the filled in general voting bulletin;
- the filled in general voting bulletin will be signed by the shareholder or another person, who has a right to vote with the shares belonging to this shareholder (in this case the document confirming the right to vote must be attached to the bulletin);
- the filled in general voting bulletin must be received prior to the General Shareholders' Meeting.
The requests to submit the general voting bulletin and filled in voting bulletins can be sent by the shareholders to the following address:
AB Bank SNORAS Brokerage Department A.Vivulskio str. 7, LT-03221, Vilnius, Republic of Lithuania.
The personal requests to receive the general voting bulletin as well as the filled in general voting bulletins under the established order can be personally submitted by the shareholders at the following address:
AB Bank SNORAS Brokerage Department A.Vivulskio str. 7, LT-03221, Vilnius, Republic of Lithuania,In offices 623 or 626 on business days (except Friday) from 8:00 till 17:00 (lunch - from 12:00 till 12:45), on Fridays - from 8:00 till 15:45 (lunch - from 12:00 till 12:45).
Vladimir Streckij
Director of Finance Brokerage Department
Tel. +370 5 2327212