Report from Annual General Meeting of EnergyO Solutions

At the annual general meeting of EnergyO Solutions Russia AB (publ) on 28 April
2016, the following resolutions were adopted:

(a)      The income statements and balance sheets of the company and the group
for the financial year 2015 were adopted.

(b)     All available funds were carried forward and no dividend declared.

(c)      The members of the board of directors and the chief executive officers
were discharged from liability for the financial year 2015.

(d)     Seppo Remes, Lars Bergström, Christopher Granville and Peregrine
Moncreiffe were re-elected members of the board of directors. Seppo Remes was re
-elected chairman of the board of directors. PricewaterhouseCoopers AB, with
Magnus Svensson Henryson as auditor in charge, was elected auditor.

(e)     It was resolved that no remuneration shall be paid to Seppo Remes and
that the remuneration for the other board members shall be SEK 600,000 and be
allocated as SEK 200,000 to each board member. The auditor's fee shall be paid
on the basis of an approved invoice.

(f)       It was resolved to settle the dealings between EOS Russia and
Skandinaviska Enskilda Banken AB under the synthetic buyback programme.
Therefore, the annual general meeting adopted the board of directors' proposals
to reduce the share capital by SEK 212,153 by redemption of 212,153 shares and
on bonus issue whereby the company's share capital shall be increased by SEK
215,000 by transferring funds from the company's unrestricted equity without
issuing new shares. The resolutions result in a net increase of the company’s
share capital from SEK 42,360,290 to SEK 42,363,137.

(g)      The annual general meeting adopted the board's proposal to renew the
authorisation of the board of directors, on one or several occasions prior to
the next annual general meeting, to resolve on synthetic buybacks of own shares
up to a maximum of 29.9 per cent of all outstanding shares in the company. To
enable the board of directors to utilise the buyback authorisation, a swap
agreement will be entered into with a bank.

Stockholm, 28 April 2016

EnergyO Solutions Russia AB (publ)
EOS Russia is an investment company headquartered in Stockholm. The overall
objective of the company is to offer attractive returns via investments in the
Russian electricity industry. EOS Russia's shares have been listed on First
North, a marketplace operated by the Stockholm Stock Exchange, since 25 June
2007. Remium Nordic AB is the Certified Adviser.
Report from Annual General Meeting of EnergyO Solutions Russia AB (publ) (corrected)
