AB Akola Group Annual General Meeting Approves Key Financial Reports

The Annual General Meeting of Shareholders for AB Akola Group, a company registered in Vilnius, Lithuania with code 148030011, is scheduled to convene on October 28, 2026. The meeting will take place at 10:00 a.m. on October 28, 2026, at the Radisson Collection Astorija Hotel, Conference Hall OPERA, located at Didžioji Street 35/2, Vilnius, Lithuania. The accounting day for the meeting is October 21, 2026, and only shareholders who are registered as shareholders of the Company on this date will be eligible to attend and vote at the meeting. The Rights Accounting Day is set for November 12, 2026, and shareholders who are registered as shareholders of the Company on this date will have proprietary rights.

The total number of the Company’s shares is 167,170,481, with 165,208,474 shares granting voting rights. The Company has acquired 1,962,007 of its own shares, which do not grant voting rights. The International Securities Identification Number (ISIN) for the Company’s shares is LT0000128092.

The agenda for the meeting includes several key items. The Supervisory Board will be recalled and a new Supervisory Board will be elected. The Audit Committee will also be re-elected and its regulations will be approved. The meeting will also hear a presentation of the Company’s Audit Committee activity report, the Independent Auditor’s report, and the Independent Practitioners’ Limited Assurance report on the AB Akola Group Consolidated Sustainability Report. The Consolidated Annual Management Report for the 2025-2026 financial year, which ended on June 30, 2026, and the Remuneration Report, as part of the Consolidated Annual Management Report, will be approved. Additionally, the Annual Consolidated and the Company’s set of financial statements for the 2025-2026 financial year, also ending on June 30, 2026, will be approved. The distribution of the Company’s profit/loss will also be considered, as will a new wording of the Rules for Granting Shares of the Company.

The initiator of the convening of the meeting is the Board of the Company, and the meeting is convened by the decision of the Board of the Company, adopted on October 7, 2026. Registration of the Company’s shareholders for the meeting will commence at 9:15 a.m. on October 28, 2026, and will conclude at 9:55 a.m. on the same day. The Company does not provide the option for shareholders to attend and vote at the meeting through electronic means of communication. Shareholders who are registered as shareholders of the Company on the accounting day of the meeting, or their authorized representatives, or persons with whom an agreement on the disposal of voting rights has been concluded, will have the right to personally participate and vote at the meeting. A person attending the meeting must submit a valid form of identification. A person who is not a shareholder must additionally produce a document confirming their right to vote at the meeting.

The agenda of the meeting may be supplemented by shareholders holding shares carrying at least 1/20 of all the votes. Proposals must be received no later than 14 days before the meeting, which is October 14, 2026. The Supervisory Board, Board, shareholders of the Company who own shares carrying at least 1/20 of all the votes, will have the right to propose new draft decisions on issues already included in the agenda or to include in the agenda at any time before the meeting or during the meeting. The shareholders will also have the right to propose draft decisions on the agenda issues of the meeting in writing during the meeting.

The shareholders will have the right to present questions related to the agenda issues of the meeting to the Company. Questions in writing can be presented not later than three working days before the meeting, by providing the shareholder’s personal identification number and consent to process personal data by registered mail to AB Akola Group at Subačiaus Street 5, Vilnius, Lithuania. Responses of a general character will be posted on the Company’s website www.akolagroup.lt. The Company will not respond to the shareholder personally if the respective information is posted on the Company’s website.

A shareholder or a person authorized by him/her will have the right to vote in writing in advance by filling in the General Voting Ballot. Upon a written request of the shareholder holding the voting right, the Company shall send the General Voting Ballot by registered mail not later than 10 days before the meeting. The General Voting Ballot also will be published on the Company’s website www.akolagroup.lt. The filled-in General Voting Ballot must be signed by the shareholder or by the person authorized by him/her.