Regarding the loss of treasury shares (part) of Žemaitijos Pienas AB

Žemaitijos Pienas AB, legal entity code 180240752, registered office address Sedos g. 35, Telšiai, Republic of Lithuania, website address - www.zpienas.lt.

On the basis of the decision of the Extraordinary General Meeting of Shareholders of the Company held on the 2^nd August 2021 it was decided to cancel (part) 2,000,000 shares. The ordinary registered shares held by the Company with a nominal value of EUR 0.29 per share were cancelled (the process was finally completed on the 17^th of August 2021). Following the cancellation of these shares, the share capital consists of EUR 13,448,750 divided into 46,375,000 ordinary registered shares with a par value of EUR 0.29 per share.

Prior to the cancellation of the shares (a part), the company owned 10% or 4,836,327 psc. Currently the Company owns 2,836,327 psc. or 6.12 percent of ordinary registered shares.

Lawyer
Gintaras Keliauskas
+ 370 687 18399