Extraordinary meeting of shareholders of Universal Capital Bank AD Podgorica 18.01.2023.

Pursuant to Article 136 and 149 the Law on Companies (“Official Gazette of Montenegro”, no. 065/20, 147/21) and the Decision of the Supervisory Board to Convene an Extraordinary Meeting of Shareholders of Universal Capital Bank AD Podgorica,

EXTRAORDINARY MEETING OF SHAREHOLDERS
OF UNIVERSAL CAPITAL BANK AD PODGORICA

The meeting will be held on 18 January 2023 (Wednesday) starting at 11 am at the Bank’s headquarters at Stanka Dragojevića bb, 81000 Podgorica, Montenegro, with the following agenda:

1. Consideration and adoption of the proposed decision on the dismissal of a member of the Supervisory Board;
2. Consideration and adoption of the proposed decision on the appointment of a member of the Supervisory Board;
3. Miscellaneous;

Decisions on all items of the agenda are made by the majority of votes of the present or represented shareholders or by means of ballots, provided that the Extraordinary Meeting of Shareholders is attended by shareholders who own at least half of the total number of shares with voting rights (12967323 shares out of a total of 25934646 shares with voting rights). All shares of Universal Capital Bank AD Podgorica are ordinary shares and voting shares carry just one vote per share.

Shareholders have the right to give a power of attorney to another person to vote as their proxy at the Extraordinary Meeting of Shareholders or to carry out other legal actions. The signature on the power of attorney must be notarised in accordance with the law. The power of attorney can be revoked, and it will be considered revoked when the shareholder has given another power of attorney thereafter or when the shareholder votes in person at the meeting.

Shareholders can exercise their right to vote even without attending the meeting in person, by submitting a completed ballot to the following address: Ul. Stanka Dragojevića bb, Podgorica, no later than 9:00 am on the day of the Extraordinary Meeting of Shareholders. The signature of the shareholder or the shareholder’s proxy on the ballot must be notarised in accordance with the law. Only a timely submitted and duly completed ballot will be taken into account when determining the voting results.

Shareholders can get additional information, review materials for the meeting and proposals for decisions at the headquarters of Universal Capital Bank AD Podgorica and by phone number: +382 20 481 414, every working day from 8:00 am to 4:00 pm. Information on holding the Extraordinary Meeting of Shareholders, sample power of attorney and ballot forms are available on www.ucbank.me website.

CHAIRMAN OF THE SUPERVISORY  BOARD

                                                                                                                 Alfredo Longo 

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