Related-party transactions

According to the Article 372 Paragraph 9 of the Law on Companies of the Republic of Lithuania, we inform you of a transaction between AB “Ignitis grupė” (hereinafter – the Company) and the relevant party.

It is notable that the Supervisory Board of the Company, taking into consideration the conclusion of the Audit Committee, makes a decision regarding the Company’s transactions planned to be made with an associated party if they are made under unusual market conditions and/or are not assigned to the Company’s usual business activities and/or has a material impact of the Company its finances, assets and liabilities i.e. the amount of these transactions is larger than 1/50 of the Company‘s authorised capital (except the transactions which are necessary to ensure the Company‘s main activities and the transactions which must be made according to the requirements of legislation).

06.09.2021 transaction with UAB Energetikos paslaugų ir rangos organizacija

How is the Parent Company related to the other party of the contract

The Company is the sole shareholder of UAB „Energetikos paslaugų ir rangos organizacija“.

Related party information (legal entity name, legal form, code, head office, registry where the information about the entity is aggregated and kept; name, surname of the natural person, address for correspondence)

UAB “Energetikos paslaugų ir rangos organizacija” (legal status of the entity – in liquidation), entity code 304132956, with its registered address Motorų g. 2, LT-02190 Vilnius, Lithuania, its data being collected in the Register of Legal Entities, administered by the state enterprise Registrų Centras

Contract date and value

Concluded on 6th of September 2021, value of the contract amounts up to EUR 82 128,70 without VAT.

Contract object:

The Company, UAB “Energetikos paslaugų ir rangos organizacija” and Litgrid AB have entered into a tripartite bank guarantee re-issuance agreement, according to which the Company will issue bank guarantee to Litgrid AB.

Other information, when assesing if the contract is fair and reasonable in respect of the public company and its shareholders, who are not the parties of the contract

The conditions of the contract are standard compared to the conditions of such type of service agreements.

06.09.2021 transaction with UAB Energetikos paslaugų ir rangos organizacija

How is the Parent Company related to the other party of the contract

The Company is the sole shareholder of UAB „Energetikos paslaugų ir rangos organizacija“.

Related party information (legal entity name, legal form, code, head office, registry where the information about the entity is aggregated and kept; name, surname of the natural person, address for correspondence)

UAB “Energetikos paslaugų ir rangos organizacija” (legal status of the entity – in liquidation), entity code 304132956, with its registered address Motorų g. 2, LT-02190 Vilnius, Lithuania, its data being collected in the Register of Legal Entities, administered by the state enterprise Registrų Centras

Contract date and value

Concluded on 6th of September 2021, value of the contract amounts up to EUR 286 994,90 without VAT.

Contract object:

The Company, UAB “Energetikos paslaugų ir rangos organizacija” and Litgrid AB have entered into a tripartite bank guarantee re-issuance agreement, according to which the Company will issue bank guarantee to Litgrid AB..

Other information, when assesing if the contract is fair and reasonable in respect of the public company and its shareholders, who are not the parties of the contract

The conditions of the contract are standard compared to the conditions of such type of service agreements.

20.08.2021 transaction with UAB Energijos skirstymo operatorius

How is the Parent Company related to the other party of the contract

The Company is the sole shareholder of AB Energijos skirstymo operatorius.

Related party information (legal entity name, legal form, code, head office, registry where the information about the entity is aggregated and kept; name, surname of the natural person, address for correspondence)

AB Energijos skirstymo operatorius, entity code 304151376, with its registered address Aguonų g. 24, 03212 Vilnius, Lithuania, its data being collected in the Register of Legal Entities, administered by the state enterprise Registrų Centras.

Contract date and value

Concluded on 20th August 2021, value of the contract amounts up to EUR 8050,00 without VAT.

Contract object:

The Company and AB Energijos skirstymo operatorius have entered into a purchase agreement, according to which the Company has been provided with ownership rights of Pažangios energijos klubo website.

Other information, when assesing if the contract is fair and reasonable in respect of the public company and its shareholders, who are not the parties of the contract

The conditions of the contract are standard compared to the conditions of such type of service agreements.

21.07.2021 transaction with UAB Vilniaus kogeneracinė jėgainė

How is the Parent Company related to the other party of the contract

The Company is the sole shareholder of UAB Vilniaus kogeneracinė jėgainė

Related party information (legal entity name, legal form, code, head office, registry where the information about the entity is aggregated and kept; name, surname of the natural person, address for correspondence)

UAB Vilniaus kogeneracinė jėgainė, entity code 303782367, with its registered address Jočionių g. 13, 02300 Vilnius, Lithuania, its data being collected in the Register of Lithuania, administered by the State Enterprise Centre of Registers (SECR); contact person Dainius Normantas, dainius.normantas@ignitis.lt

Contract date and value

Concluded on 16 July 2021, value of the contract amounts up to EUR 170,000.00 without VAT.

Contract object:

The Company AB “Ignitis Grupė” and UAB „Vilniaus kogeneracinė jėgainė “ signed a services contract according to which the Company provides managing (parent) company services.

Other information, when assesing if the contract is fair and reasonable in respect of the public company and its shareholders, who are not the parties of the contract

The conditions of the contract are standard compared to the conditions of such type of service agreements.

Opinion of Ignitis Group Audit Committee on the intention to conclude the agreement with the related party – UAB “Ignitis”, 20 May 2021

Guarantee Service Agreement with UAB “Ignitis”

Taking into account the information, assumptions and arguments provided to the Audit Committee, of which the most important is that the service fee stipulated in the Guarantee Service Agreement complies with the arm’s length principle as it was set based on the best offer of commercial banks for comparable services, the Audit Committee provides an opinion to AB “Ignitis grupė” that there is no reason to believe that the Guarantee Service Agreement planned to be concluded with UAB “Ignitis” would be concluded on non-market terms or would be unfair and unreasonable with respect to AB “Ignitis grupė” shareholders who are not parties to this transaction.

02.07.2021 transaction with UAB Ignitis Grupės Paslaugų Centras

How is the Parent Company related to the other party of the contract

The Company is one of the shareholders of UAB Ignitis Grupės Paslaugų Centras

Related party information (legal entity name, legal form, code, head office, registry where the information about the entity is aggregated and kept; name, surname of the natural person, address for correspondence)

UAB Ignitis Grupės Paslaugų Centras, entity code 303200016, with its registered address A. Juozapavičiaus str. 13, Vilnius, Lietuva, its data being collected in the Register of Legal Entities, administered by the state enterprise Registrų Centras

Contract date and value

Concluded on 2 July 2021, value of the contract amounts up to EUR 200 000,00 without VAT.

Contract object

The Company, AB „Ignitis grupė“ ir UAB „Ignitis grupės paslaugų centras“  have entered into a service agreement, according to which the Company are provided business security services.

Other information, when assesing if the contract is fair and reasonable in respect of the public company and its shareholders, who are not the parties of the contract

The conditions of the contract are standard compared to the conditions of such type of service agreements.

29.06.2021 transaction with UAB Ignitis Grupės Paslaugų Centras

How is the Parent Company related to the other party of the contract

The Company is one of shareholders of UAB Ignitis Grupės Paslaugų Centras.

Related party information (legal entity name, legal form, code, head office, registry where the information about the entity is aggregated and kept; name, surname of the natural person, address for correspondence)

UAB Ignitis Grupės Paslaugų Centras, entity code 303200016, registered address at A. Juozapavičiaus g. 13, Vilnius, Lithuania, its data is collected and stored by the Register of Legal Entities administered by the State Enterprise Centre of Registers.

Contract date and value

The agreement is concluded on 29 June 2021.

The agreement provides the compensation details of expenses related to employees transfer (holidays savings, variable remuneration part); therefore, the agreement is not valued in terms of profit. Precise compensation amount will be clear only after their actual payment (in May of 2022).

Other information, when assesing if the contract is fair and reasonable in respect of the public company and its shareholders, who are not the parties of the contract

The agreement is concluded in accordance with the Labour Code of the Republic of Lithuania. The agreement protects the interests of the employees; thus, there is no reason to state that it is unfair or ungrounded in respect of the Company’s shareholders.

22 06 2021 transaction with UAB NT Valdos

How is the Parent Company related to the other party of the contract

The Parent Company is the sole shareholder of NT Valdos, UAB

Related party information (legal entity name, legal form, code, head office, registry where the information about the entity is aggregated and kept; name, surname of the natural person, address for correspondence)

NT Valdos, UAB, entity code 300634954, with its registered address P. Lukšio g. 5B, Vilnius, Lietuva, its data being collected in the Register of Legal Entities, administered by the state enterprise Registrų Centras

Contract date and value

Concluded on 21 June 2021, value of the contract amounts up to EUR 1 007,26 without VAT.

Contract object

The Parent Company and NT Valdos, UAB have entered into an assignment agreement, according to which NT Valdos, UAB transferred its claims to The Parent Company

Other information, when assesing if the contract is fair and reasonable in respect of the public company and its shareholders, who are not the parties of the contract

The conditions of the contract are standard compared to the conditions of such type of service agreements.

04 06 2021 transaction with UAB Ignitis Renewables

How is the Parent Company related to the other party of the contract

The Parent Company is the sole shareholder of UAB „Ignitis renewables“ and owns 99.91% of AB Ignitis Gamyba shares.

Related party information (legal entity name, legal form, code, head office, registry where the information about the entity is aggregated and kept; name, surname of the natural person, address for correspondence)

UAB Ignitis renewables, entity code 304988904, with its registered address Žvejų st. 14, 09310, Vilnius, Lithuania, its data being collected in the Register of Legal Entities, administered by the state enterprise Registrų Centras.

Ignitis gamyba, AB, entity code 302648707, with its registered address Elektrinės st. 21, LT-26108 Elektrėnai, Lithuania, its data being collected in the Register of Legal Entities, administered by the state enterprise Registrų Centras.

Contract date and value

Concluded on 4th June 2021, value of the contract amounts up to EUR 373 703,47.

Contract object The Parent Company, UAB Ignitis renewables and Ignitis gamyba, AB have entered into a tripartite agreement on Transfer and Acceptance of Tax Losses

Other information, when assesing if the contract is fair and reasonable in respect of the public company and its shareholders, who are not the parties of the contract

The conditions of the contract are standard compared to the conditions of such type of agreements.

28.05.2021 transaction with UAB NT Valdos

How is the Parent Company related to the other party of the contract

The Parent Company is the sole shareholder of NT Valdos, UAB and owns 99.91% of Ignitis Gamyba, AB shares.

Related party information (legal entity name, legal form, code, head office, registry where the information about the entity is aggregated and kept; name, surname of the natural person, address for correspondence)

NT Valdos, UAB, entity code 300634954, with its registered address Lukšio st. 5B, Vilnius, Lithuania, its data being collected in the Register of Legal Entities, administered by the state enterprise Registrų Centras.

Ignitis gamyba, AB, entity code 302648707, with its registered address Elektrinės st. 21, LT-26108 Elektrėnai, Lithuania, its data being collected in the Register of Legal Entities, administered by the state enterprise Registrų Centras.

Contract date and value

Concluded on 28th May 2021, value of the contract amounts up to EUR 3 271,21.

Contract object The Parent Company, NT Valdos, UAB and Ignitis gamyba, AB have entered into a tripartite agreement on Transfer and Acceptance of Tax Losses.

Other information, when assesing if the contract is fair and reasonable in respect of the public company and its shareholders, who are not the parties of the contract

The conditions of the contract are standard compared to the conditions of such type of agreements.

28.05.2021 transaction with AB Ignitis Gamyba

How is the Parent Company related to the other party of the contract

The Parent Company owns 99.91% of AB Ignitis Gamyba shares.

Related party information (legal entity name, legal form, code, head office, registry where the information about the entity is aggregated and kept; name, surname of the natural person, address for correspondence)

Ignitis gamyba, AB, entity code 302648707, with its registered address Elektrinės st. 21, LT-26108 Elektrėnai, Lithuania, its data being collected in the Register of Legal Entities, administered by the state enterprise Registrų Centras.

Contract date and value

Concluded on 28th May 2021, value of the contract amounts up to EUR 490 586,13..

Contract object The Parent Company and Ignitis gamyba, AB have entered into a agreement on Transfer and Acceptance of Tax Losses

Other information, when assesing if the contract is fair and reasonable in respect of the public company and its shareholders, who are not the parties of the contract

The conditions of the contract are standard compared to the conditions of such type of agreements.

28.05.2021 transaction with UAB Energetikos Paslaugų ir Rangos Organizacija

How is the Parent Company related to the other party of the contract

The Parent Company is the sole shareholder of UAB „Energetikos paslaugų ir rangos organizacija“ and owns 99.91% of AB Ignitis Gamyba shares.

Related party information (legal entity name, legal form, code, head office, registry where the information about the entity is aggregated and kept; name, surname of the natural person, address for correspondence)

UAB Energetikos paslaugų ir rangos organizacija, entity code 304132956, with its registered address Motorų st. 2, Vilnius, Lithuania, its data being collected in the Register of Legal Entities, administered by the state enterprise Registrų Centras.

Ignitis gamyba, AB, entity code 302648707, with its registered address Elektrinės st. 21, LT-26108 Elektrėnai, Lithuania, its data being collected in the Register of Legal Entities, administered by the state enterprise Registrų Centras.

Contract date and value

Concluded on 28th May 2021, value of the contract amounts up to EUR 140 564,90.

Contract object The Parent Company, UAB Energetikos paslaugų ir rangos organizacija and Ignitis gamyba, AB have entered into a tripartite agreement on Transfer and Acceptance of Tax Losses

Other information, when assesing if the contract is fair and reasonable in respect of the public company and its shareholders, who are not the parties of the contract

The conditions of the contract are standard compared to the conditions of such type of agreements.

03.05.2021 transaction with UAB Ignitis Grupės Paslaugų Centras

How is the Company related to the other party of the transaction

The Company is one of the shareholders of UAB Ignitis Grupės Paslaugų Centras

Data of the relevant party (legal name, legal form, code, registered office, register wherein the data of the entity is collected and stored; full name and surname, correspondence address)

UAB Ignitis Grupės Paslaugų Centras, entity code 303200016, with its registered address A. Juozapavičiaus str. 13, Vilnius, Lietuva, its data being collected in the Register of Legal Entities, administered by the state enterprise Registrų Centras

The date and value of the transaction

Concluded on 3 May 2021, value of the contract amounts up to EUR 46 800,00 without VAT.

Other information, considering the integrity of the transaction and its merit to the Company and its Shareholders who are not the parties of the transaction

The conditions of the contract are standard compared to the conditions of such type of service agreements.

22.04.2021 transaction with UAB VVP Investment

How is the Company related to the other party of the transaction

The Company indirectly (via UAB "Ignitis renewables") controls 100% of the UAB „VVP Investment“ (hereinafter - VVP) shares

Data of the relevant party (legal name, legal form, code, registered office, register wherein the data of the entity is collected and stored; full name and surname, correspondence address)

UAB „VVP Investment“, entity code 302661590, with its registered address Žvejų g. 14, 09310 Vilnius, Lithuania, its data being collected in the Register of Legal Entities, administered by the state enterprise Registrų Centras

The date and value of the transaction

Date of signing - 22 April 2021, the guarantee amount is of up to EUR 55.097m, annual payment for guarantee service is up to EUR 193 thousand.

Contract object The Company and UAB „VVP Investment“ have entered into a guarantee service agreement, which will ensure that VVP payment to the Company for the issued Guarantee by the Company to Nordex Lithuania GmbH benefiting VVP complies with market conditions.

Other information, considering the integrity of the transaction and its merit to the Company and its Shareholders who are not the parties of the transaction

The Audit Committee of the Supervisory Board of the Company on 23 February 2021 provided an opinion that taking into account the information, assumptions and arguments provided to the Audit Committee, there is no reason to believe that the Guarantee Service Agreement planned to be concluded with UAB “VVP Investment” would be concluded on non-market terms or would be unfair and unreasonable with respect to AB “Ignitis grupė” shareholders who are not parties to this transaction.

25.02.2021 transaction with AB Energijos skirstymo operatorius and with UAB NT Valdos

How is the Company related to the other party of the transaction

The Company is one of the shareholders of AB Energijos skirstymo operatorius

The Company owns 100% of shares of NT Valdos, UAB

Data of the relevant party (legal name, legal form, code, registered office, register wherein the data of the entity is collected and stored; full name and surname, correspondence address)

AB Energijos skirstymo operatorius, company code 304151376, registered address Aguonų g. 24, Vilnius, Lithuania, its data being collected in the Register of Legal Entities, administered by the state enterprise Registrų Centras

NT Valdos, UAB, company code 300634954, registered address P. Lukšio g. 5B, Vilnius, Lithuania, its data being collected in the Register of Legal Entities, administered by the state enterprise Registrų Centras

The date and value of the transaction

Concluded on 25 February 2021, value of the contract amounts up to EUR 289,62 without VAT.

Other information, considering the integrity of the transaction and its merit to the Company and its Shareholders who are not the parties of the transaction

The conditions of the contract are standard compared to the conditions of such type of service agreements.

A trilateral agreement regarding proper fulfilment of mutual obligations was concluded Under the terms of the agreement AB Energijos skirstymo operatorius took an obligation to pay an amount of EUR 289,62 to NT Valdos, UAB as an equivalent of non-monetary contribution for 10 shares of NT Valdos, UAB which were transferred to the Company.

07.01.2021 transaction with UAB Ignitis Renewables

How is the Company related to the other party of the transaction

The Company is the sole shareholder of UAB „Ignitis Renewables“.

Data of the relevant party (legal name, legal form, code, registered office, register wherein the data of the entity is collected and stored; full name and surname, correspondence address)

UAB Ignitis renewables, entity code 304988904, with its registered address Žvejų g. 14, 09310 Vilnius, Lithuania, its data being collected in the Register of Legal Entities, administered by the state enterprise Registrų Centras

The date and value of the transaction

Concluded on 7nd January 2021, value of the contract amounts up to EUR 2500,00 without VAT.

Other information, considering the integrity of the transaction and its merit to the Company and its Shareholders who are not the parties of the transaction

The conditions of the contract are standard compared to the conditions of such type of service agreements.

03.11.2020 transaction with Pomerania Wind Farm sp. z o.o

How is the Company related to the other party of the transaction

The Company indirectly (via UAB "Ignitis renewables" controls 100% of the Pomerania Wind Farm sp. z o. o (hereinafter - Pomerania) shares.

Data of the relevant party (legal name, legal form, code, registered office, register wherein the data of the entity is collected and stored; full name and surname, correspondence address)

Pomerania Wind Farm sp. z o. o, limited liability company, 0000450928, Al. Grunwaldzka 82/368, 80-244 Gdańsk, the National Court Register of Poland.

The date and value of the transaction

Date of signing - 03 November 2020, the guarantee amount of up to PLN 150m (EUR 33m), guaranteed annual payment of PLN 600,000 (EUR 132,000).

Other information, considering the integrity of the transaction and its merit to the Company and its Shareholders who are not the parties of the transaction

The Audit Committee of the Supervisory Board of the Company on 22 October 2020 provided an opinion that there is no basis for concern regarding the anticipated transaction – meaning that the agreement of guarantee services with Pomerania would be conducted according to the market conditions, fairly and based on the merit of the Shareholders of the Company who are not the relevant parties of the transaction, and in accordance with assumptions and arguments provided by the Company: 1. The amount of the guarantee payment is within the arm’s length interval calculated by the comparable uncontrolled price method; 2. The conclusion of the guarantee agreement is beneficial to the Group of Companies because it will create conditions for the Company to make a profit (and to save Group-wide) of up to EUR 134,000.00* (one hundred thirty four thousand euros) per year.

*the amount is liable to fluctuation due to the exchange rate of EUR/PLN.

10.11.2020 transaction with UAB Ignitis Grupės Paslaugų Centras

How is the Company related to the other party of the transaction

The Company is one of the shareholders of UAB Ignitis Grupės Paslaugų Centras

Data of the relevant party (legal name, legal form, code, registered office, register wherein the data of the entity is collected and stored; full name and surname, correspondence address)

UAB Ignitis Grupės Paslaugų Centras, entity code 303200016, with its registered address A. Juozapavičiaus str. 13, Vilnius, Lietuva, its data being collected in the Register of Legal Entities, administered by the state enterprise Registrų Centras; contact person Simona Augėnaitė, simona.augenaite@ignitis.lt

The date and value of the transaction

Concluded on 4 November 2020, value of the contract amounts up to EUR 745,000.00 without VAT.

Other information, considering the integrity of the transaction and its merit to the Company and its Shareholders who are not the parties of the transaction

The conditions of the contract are standard compared to the conditions of such type of service agreements.

18.11.2020 transaction with Tuuleenergia OU

How is the Company related to the other party of the transaction

The Company is the sole shareholder of Tuuleenergia Osaühing

Data of the relevant party (legal name, legal form, code, registered office, register wherein the data of the entity is collected and stored; full name and surname, correspondence address)

Tuuleenergia Osaühing, entity code 10470014, with its registered address Keskus, Helmküla küla, Lääneranna vald, Pärnu maakond, 88208, Estonia, its data being collected in the Commercial Register of Estonia, administered by the state agency Estonian Centre of Registers and Information Systems (RIK);

The date and value of the transaction

Concluded on 18 November 2020, value of the contract amounts up to EUR 74,440.00 without VAT.

Other information, considering the integrity of the transaction and its merit to the Company and its Shareholders who are not the parties of the transaction

The conditions of the contract are standard compared to the conditions of such type of service agreements.

22.12.2020 transaction with UAB Transporto valdymas

How is the Company related to the other party of the transaction

The Company is the sole shareholder of UAB “Transporto valdymas”

Data of the relevant party (legal name, legal form, code, registered office, register wherein the data of the entity is collected and stored; full name and surname, correspondence address)

UAB „Transporto valdymas“, entity code 304766704, with its registered address Kirtimų g. 47, Vilnius, its data being collected in the Register of Legal Entities, administered by the state enterprise Registrų centras.

The date and value of the transaction

Concluded on 22 December 2020, value of the contract amounts up to EUR 30,025.00 without VAT.

Other information, considering the integrity of the transaction and its merit to the Company and its Shareholders who are not the parties of the transaction

The conditions of the contract are standard compared to the conditions of such type of service agreements.

23.12.2020 transaction with UAB Ignitis Grupės Paslaugų Centras

How is the Company related to the other party of the transaction

The Company is one of  shareholders of UAB Ignitis Grupės Paslaugų Centras

Data of the relevant party (legal name, legal form, code, registered office, register wherein the data of the entity is collected and stored; full name and surname, correspondence address)

UAB Ignitis Grupės Paslaugų Centras, entity code 303200016, registered address at A. Juozapavičiaus str. 13, Vilnius, Lithuania, its data is collected and stored by the Register of Legal Entities administered by the State Enterprise Centre of Registers 

The date and value of the transaction

The agreement is concluded on 23 December 2020.

The agreement provides the compensation details of expenses related to employees transfer (holidays savings, variable remuneration part); therefore, the agreement is not valued in terms of profit. Precise compensation amount will be clear only after their actual payment (in February and May of 2020).

Other information, considering the integrity of the transaction and its merit to the Company and its Shareholders who are not the parties of the transaction

The agreement is concluded in accordance with the Labour Code of the Republic of Lithuania. The agreement protects the interests of the employees; thus, there is no reason to state that it is unfair or ungrounded in respect of Company‘s shareholders.

28.12.2020 transaction with UAB Ignitis Grupės Paslaugų Centras

How is the Company related to the other party of the transaction

The Company is one of the shareholders of UAB Ignitis Grupės Paslaugų Centras

Data of the relevant party (legal name, legal form, code, registered office, register wherein the data of the entity is collected and stored; full name and surname, correspondence address)

UAB Ignitis Grupės Paslaugų Centras, entity code 303200016, with its registered address A. Juozapavičiaus str. 13, Vilnius, Lietuva, its data being collected in the Register of Legal Entities, administered by the state enterprise Registrų Centras

The date and value of the transaction

Concluded on 28 December 2020, value of the contract amounts up to EUR 23 900,00 without VAT.

Other information, considering the integrity of the transaction and its merit to the Company and its Shareholders who are not the parties of the transaction

The conditions of the contract are standard compared to the conditions of such type of service agreements.

28.12.2020 transaction with UAB Ignitis Grupės Paslaugų Centras

How is the Company related to the other party of the transaction

The Company is one of the shareholders of UAB Ignitis Grupės Paslaugų Centras

Data of the relevant party (legal name, legal form, code, registered office, register wherein the data of the entity is collected and stored; full name and surname, correspondence address)

UAB Ignitis Grupės Paslaugų Centras, entity code 303200016, with its registered address A. Juozapavičiaus str. 13, Vilnius, Lietuva, its data being collected in the Register of Legal Entities, administered by the state enterprise Registrų Centras

The date and value of the transaction

Concluded on 28 December 2020, value of the contract amounts up to EUR 50 000,00 without VAT.

Other information, considering the integrity of the transaction and its merit to the Company and its Shareholders who are not the parties of the transaction

The conditions of the contract are standard compared to the conditions of such type of service agreements.

28.12.2020 transaction with UAB Ignitis Grupės Paslaugų Centras

How is the Company related to the other party of the transaction

The Company is one of the shareholders of UAB Ignitis Grupės Paslaugų Centras

Data of the relevant party (legal name, legal form, code, registered office, register wherein the data of the entity is collected and stored; full name and surname, correspondence address)

UAB Ignitis Grupės Paslaugų Centras, entity code 303200016, with its registered address A. Juozapavičiaus str. 13, Vilnius, Lietuva, its data being collected in the Register of Legal Entities, administered by the state enterprise Registrų Centras

The date and value of the transaction

Concluded on 28 December 2020, value of the contract amounts up to EUR 57 000,00 without VAT.

Other information, considering the integrity of the transaction and its merit to the Company and its Shareholders who are not the parties of the transaction

The conditions of the contract are standard compared to the conditions of such type of service agreements.

29.12.2020 transaction with UAB Ignitis Grupės Paslaugų Centras

How is the Company related to the other party of the transaction

The Company is one of the shareholders of UAB Ignitis Grupės Paslaugų Centras

Data of the relevant party (legal name, legal form, code, registered office, register wherein the data of the entity is collected and stored; full name and surname, correspondence address)

UAB Ignitis Grupės Paslaugų Centras, entity code 303200016, with its registered address A. Juozapavičiaus str. 13, Vilnius, Lietuva, its data being collected in the Register of Legal Entities, administered by the state enterprise Registrų Centras

The date and value of the transaction

Concluded on 29 December 2020, value of the contract amounts up to EUR 250 000,00 without VAT.

Other information, considering the integrity of the transaction and its merit to the Company and its Shareholders who are not the parties of the transaction

The conditions of the contract are standard compared to the conditions of such type of service agreements.

29.12.2020 transaction with UAB Ignitis Grupės Paslaugų Centras

How is the Company related to the other party of the transaction

The Company is one of the shareholders of UAB Ignitis Grupės Paslaugų Centras

Data of the relevant party (legal name, legal form, code, registered office, register wherein the data of the entity is collected and stored; full name and surname, correspondence address)

UAB Ignitis Grupės Paslaugų Centras, entity code 303200016, with its registered address A. Juozapavičiaus str. 13, Vilnius, Lietuva, its data being collected in the Register of Legal Entities, administered by the state enterprise Registrų Centras

The date and value of the transaction

Concluded on 29 December 2020, value of the contract amounts up to EUR 210 000,00 without VAT.

Other information, considering the integrity of the transaction and its merit to the Company and its Shareholders who are not the parties of the transaction

The conditions of the contract are standard compared to the conditions of such type of service agreements.

30.12.2020 transaction with UAB Ignitis Grupės Paslaugų Centras

How is the Company related to the other party of the transaction

The Company is one of the shareholders of UAB Ignitis Grupės Paslaugų Centras

Data of the relevant party (legal name, legal form, code, registered office, register wherein the data of the entity is collected and stored; full name and surname, correspondence address)

UAB Ignitis Grupės Paslaugų Centras, entity code 303200016, with its registered address A. Juozapavičiaus str. 13, Vilnius, Lietuva, its data being collected in the Register of Legal Entities, administered by the state enterprise Registrų Centras

The date and value of the transaction

Concluded on 30 December 2020, value of the contract amounts up to EUR 3 000,00 without VAT.

Other information, considering the integrity of the transaction and its merit to the Company and its Shareholders who are not the parties of the transaction

The conditions of the contract are standard compared to the conditions of such type of service agreements.

30.12.2020 transaction with UAB Ignitis Grupės Paslaugų Centras

How is the Company related to the other party of the transaction

The Company is one of the shareholders of UAB Ignitis Grupės Paslaugų Centras

Data of the relevant party (legal name, legal form, code, registered office, register wherein the data of the entity is collected and stored; full name and surname, correspondence address)

UAB Ignitis Grupės Paslaugų Centras, entity code 303200016, with its registered address A. Juozapavičiaus str. 13, Vilnius, Lietuva, its data being collected in the Register of Legal Entities, administered by the state enterprise Registrų Centras

The date and value of the transaction

Concluded on 30 December 2020, value of the contract amounts up to EUR 113 000,00 without VAT.

Other information, considering the integrity of the transaction and its merit to the Company and its Shareholders who are not the parties of the transaction

The conditions of the contract are standard compared to the conditions of such type of service agreements.

30.12.2020 transaction with UAB Ignitis Grupės Paslaugų Centras

How is the Company related to the other party of the transaction

The Company is one of the shareholders of UAB Ignitis Grupės Paslaugų Centras

Data of the relevant party (legal name, legal form, code, registered office, register wherein the data of the entity is collected and stored; full name and surname, correspondence address)

UAB Ignitis Grupės Paslaugų Centras, entity code 303200016, with its registered address A. Juozapavičiaus str. 13, Vilnius, Lietuva, its data being collected in the Register of Legal Entities, administered by the state enterprise Registrų Centras

The date and value of the transaction

Concluded on 30 December 2020, value of the contract amounts up to EUR 213 000,00 without VAT.

Other information, considering the integrity of the transaction and its merit to the Company and its Shareholders who are not the parties of the transaction

The conditions of the contract are standard compared to the conditions of such type of service agreements.

30.12.2020 transaction with UAB Ignitis Grupės Paslaugų Centras

How is the Company related to the other party of the transaction

The Company is one of the shareholders of UAB Ignitis Grupės Paslaugų Centras

Data of the relevant party (legal name, legal form, code, registered office, register wherein the data of the entity is collected and stored; full name and surname, correspondence address)

UAB Ignitis Grupės Paslaugų Centras, entity code 303200016, with its registered address A. Juozapavičiaus str. 13, Vilnius, Lietuva, its data being collected in the Register of Legal Entities, administered by the state enterprise Registrų Centras

The date and value of the transaction

Concluded on 30 December 2020, value of the contract amounts up to EUR 213 000,00 without VAT.

Other information, considering the integrity of the transaction and its merit to the Company and its Shareholders who are not the parties of the transaction

The conditions of the contract are standard compared to the conditions of such type of service agreements.

30.12.2020 transaction with UAB Ignitis Grupės Paslaugų Centras

How is the Company related to the other party of the transaction

The Company is one of the shareholders of UAB Ignitis Grupės Paslaugų Centras

Data of the relevant party (legal name, legal form, code, registered office, register wherein the data of the entity is collected and stored; full name and surname, correspondence address)

UAB Ignitis Grupės Paslaugų Centras, entity code 303200016, with its registered address A. Juozapavičiaus str. 13, Vilnius, Lietuva, its data being collected in the Register of Legal Entities, administered by the state enterprise Registrų Centras

The date and value of the transaction

Concluded on 30 December 2020, value of the contract amounts up to EUR 48 000,00 without VAT.

Other information, considering the integrity of the transaction and its merit to the Company and its Shareholders who are not the parties of the transaction

The conditions of the contract are standard compared to the conditions of such type of service agreements.

04.01.2021 transaction with UAB Ignitis Grupės Paslaugų Centras

How is the Company related to the other party of the transaction

The Company is one of the shareholders of UAB Ignitis Grupės Paslaugų Centras

Data of the relevant party (legal name, legal form, code, registered office, register wherein the data of the entity is collected and stored; full name and surname, correspondence address)

UAB Ignitis Grupės Paslaugų Centras, entity code 303200016, with its registered address A. Juozapavičiaus str. 13, Vilnius, Lietuva, its data being collected in the Register of Legal Entities, administered by the state enterprise Registrų Centras

The date and value of the transaction

Concluded on 4 January 2021, value of the contract amounts up to EUR 213 000,00 without VAT.

Other information, considering the integrity of the transaction and its merit to the Company and its Shareholders who are not the parties of the transaction

The conditions of the contract are standard compared to the conditions of such type of service agreements.

26.01.2021 transaction with UAB Ignitis Grupės Paslaugų Centras

How is the Company related to the other party of the transaction

The Company is one of the shareholders of UAB Ignitis Grupės Paslaugų Centras

Data of the relevant party (legal name, legal form, code, registered office, register wherein the data of the entity is collected and stored; full name and surname, correspondence address)

UAB Ignitis Grupės Paslaugų Centras, entity code 303200016, with its registered address A. Juozapavičiaus str. 13, Vilnius, Lietuva, its data being collected in the Register of Legal Entities, administered by the state enterprise Registrų Centras

The date and value of the transaction

Concluded on 26 January 2021, value of the contract amounts up to EUR 213 000,00 without VAT.

Other information, considering the integrity of the transaction and its merit to the Company and its Shareholders who are not the parties of the transaction

The conditions of the contract are standard compared to the conditions of such type of service agreements.

27.01.2021 transaction with UAB Ignitis Grupės Paslaugų Centras

How is the Company related to the other party of the transaction

The Company is one of the shareholders of UAB Ignitis Grupės Paslaugų Centras

Data of the relevant party (legal name, legal form, code, registered office, register wherein the data of the entity is collected and stored; full name and surname, correspondence address)

UAB Ignitis Grupės Paslaugų Centras, entity code 303200016, with its registered address A. Juozapavičiaus str. 13, Vilnius, Lietuva, its data being collected in the Register of Legal Entities, administered by the state enterprise Registrų Centras

The date and value of the transaction

Concluded on 27 January 2021, value of the contract amounts up to EUR 200 000,00 without VAT.

Other information, considering the integrity of the transaction and its merit to the Company and its Shareholders who are not the parties of the transaction

The conditions of the contract are standard compared to the conditions of such type of service agreements.

03.02.2021 transaction with UAB Ignitis Renewables

How is the Company related to the other party of the transaction

The Company is the sole shareholder of UAB Ignitis renewables

Data of the relevant party (legal name, legal form, code, registered office, register wherein the data of the entity is collected and stored; full name and surname, correspondence address)

UAB Ignitis renewables, entity code 304988904, with its registered address Žvejų g. 14, 09310 Vilnius, Lithuania, its data being collected in the Register of Legal Entities, administered by the state enterprise Registrų Centras

The date and value of the transaction

Periodic loan agreement signed on 1 December 2020, amount of the loan up to EUR 83 million.

Other information, considering the integrity of the transaction and its merit to the Company and its Shareholders who are not the parties of the transaction

The Audit Committee of the Supervisory Board of the Company on 19 November 2020 provided an opinion that there is no reason to believe that the transaction - the Periodic loan agreement, planned to be concluded with UAB Ignitis Renewables, would be concluded on non-market terms or would be unfair and unreasonable with respect to AB Ignitis grupė shareholders who are not parties to this transaction.

03.02.2021 transaction with UAB Ignitis Renewables

How is the Company related to the other party of the transaction

The Company is the sole shareholder of UAB Ignitis renewables

Data of the relevant party (legal name, legal form, code, registered office, register wherein the data of the entity is collected and stored; full name and surname, correspondence address)

UAB Ignitis renewables, entity code 304988904, with its registered address Žvejų g. 14, 09310 Vilnius, Lithuania, its data being collected in the Register of Legal Entities, administered by the state enterprise Registrų Centras

The date and value of the transaction

Framework periodic loan agreement signed on 2 February 2021, amount of the loan up to EUR 293 million.

Other information, considering the integrity of the transaction and its merit to the Company and its Shareholders who are not the parties of the transaction

The Audit Committee of the Supervisory Board of the Company on 21 January 2021 provided an opinion that there is no reason to believe that the transaction – the Framework periodic loan agreement, planned to be concluded with UAB Ignitis Renewables, would be concluded on non-market terms or would be unfair and unreasonable with respect to AB Ignitis grupė shareholders who are not parties to this transaction.

04.01.2021 transaction with UAB Transporto Valdymas

How is the Company related to the other party of the transaction

The Company is one of the shareholders of Transporto valdymas UAB

Data of the relevant party (legal name, legal form, code, registered office, register wherein the data of the entity is collected and stored; full name and surname, correspondence address)

Transporto valdymas UAB, entity code 304766704, with its registered address Kirtimų g. 47, Vilnius, Lietuva, its data being collected in the Register of Legal Entities, administered by the state enterprise Registrų Centras

The date and value of the transaction

Concluded on 4 January 2021, value of the contract amounts up to EUR 14 050,80 without VAT.

Other information, considering the integrity of the transaction and its merit to the Company and its Shareholders who are not the parties of the transaction

The conditions of the contract are standard compared to the conditions of such type of service agreements.

31.03.2021 transaction with UAB Ignitis Grupės Paslaugų Centras

How is the Company related to the other party of the transaction

The Company is one of the shareholders of UAB Ignitis Grupės Paslaugų Centras

Data of the relevant party (legal name, legal form, code, registered office, register wherein the data of the entity is collected and stored; full name and surname, correspondence address)

UAB Ignitis Grupės Paslaugų Centras, entity code 303200016, with its registered address A. Juozapavičiaus str. 13, Vilnius, Lietuva, its data being collected in the Register of Legal Entities, administered by the state enterprise Registrų Centras

The date and value of the transaction

Concluded on 31 March 2021, value of the contract amounts up to EUR 213 000,00 without VAT.

Other information, considering the integrity of the transaction and its merit to the Company and its Shareholders who are not the parties of the transaction

The conditions of the contract are standard compared to the conditions of such type of service agreements.

31.03.2021 transaction with UAB Ignitis Grupės Paslaugų Centras

How is the Company related to the other party of the transaction

The Company is one of the shareholders of UAB Ignitis Grupės Paslaugų Centras

Data of the relevant party (legal name, legal form, code, registered office, register wherein the data of the entity is collected and stored; full name and surname, correspondence address)

UAB Ignitis Grupės Paslaugų Centras, entity code 303200016, with its registered address A. Juozapavičiaus str. 13, Vilnius, Lietuva, its data being collected in the Register of Legal Entities, administered by the state enterprise Registrų Centras

The date and value of the transaction

Concluded on 31 March 2021, value of the contract amounts up to EUR 170 000,00 without VAT.

Other information, considering the integrity of the transaction and its merit to the Company and its Shareholders who are not the parties of the transaction

The conditions of the contract are standard compared to the conditions of such type of service agreements.