- Approval of audited financial statements for the financial year 2025 and presentation of the management report
It was decided to approve the annual financial statements of AB “K2 LT” for the year 2025 audited by Moore Mackonis, UAB.
The management report of AB “K2 LT” for the year 2025, prepared by the Company, assessed by the auditors and approved by the Board has been presented.
- Formation of the reserve for acquisition of own shares
It was decided to form a reserve of EUR 929,223.60 for the purchase of own shares.
- Company’s profit distribution for the year 2025
It was decided to distribute the AB “K2 LT” profit of the year 2025 in accordance with the draft profit distribution presented at the Annual General Meeting of Shareholders. To form a reserve of EUR 929,223.60 from the Company’s distributable profit for the purchase of own shares.
- Acquisition of the Company’s own shares
It was decided to acquire the Company’s own shares on the following terms:
1) the purpose of the acquisition of own shares – to increase the liquidity of the Company’s shares, with a view to eliminating any adverse impact on minority shareholders resulting from the discontinuation of trading in the Company’s shares on the First North multilateral trading facility, taking into account the resolution of the Company’s extraordinary general meeting of shareholders of 10 March 2026, and to reduce the Company’s authorised capital by cancelling the shares acquired by the Company.
2) the maximum number of shares authorised for acquisition – up to 31,182 Company shares, representing up to 10% of all Company shares.
3) the period during which the Company may acquire its own shares – 18 months from the date of this resolution.
4) the maximum purchase price per share – EUR 29.8; the minimum purchase price per share – EUR 29.8.
5) the procedure for the sale of own shares and the minimum sale price – there are no plans to sell the acquired own shares and therefore the minimum sale price and the procedure for the sale of shares are not established.
6) to instruct the Company's Board, in accordance with this resolution and the requirements of the Law on Companies of the Republic of Lithuania and other applicable laws, to organise the acquisition of own shares, to establish the procedure, timing and number of shares to be acquired, to adopt specific related decisions regarding the acquisition of the Company’s own shares, and to carry out other related actions in accordance with the Law on Companies of the Republic of Lithuania and the conditions set out in this resolution.
Bernardas Vilkelis