Extraordinary General Meeting of Shareholders of Universal Capital Bank AD Podgorica, 12.09.2019

Based on Article 36. Companies Act (“Official Gazette RCG”, No. 6/02 “Sl. list CG”, 17/07, 80/08, 40/10, 36/11, 40/11) and the Decisions of the Board of Directors on convening an extraordinary session of the General Meeting of Shareholders of Universal Capital Bank AD Podgorica, convened

EXTRAORDINARY SHAREHOLDERS' MEETING

UNIVERSAL CAPITAL BANK IN PODGORICA

The meeting will be held on 12.09.2019 (Thursday) at the Bank's headquarters, address: ul. Stanka Dragojevića bb, 81000 Podgorica, Montenegro, starting at 11.00 am with the following agenda:

1. Consideration and adoption of the Decision on the conversion of hybrid instruments — bonds into share capital;
2. Consideration and adoption of the Decision on increasing the capital of Universal Capital Bank by converting hybrid instruments — bonds into share capital;
3. Consideration and adoption of the Decision on amendments to the Articles of Association of Universal Capital Bank AD Podgorica;
4. Miscellaneous;

Decisions on all items of the agenda are taken by a two-thirds majority of the votes of the shareholders present or represented or by ballot, provided that the General Meeting is attended by shareholders who own at least two thirds of the total number of shares with voting rights (10668000 shares out of a total of 16002000 shares with voting rights). All shares of Universal Capital Bank AD Podgorica are ordinary shares and each share gives the right to one vote.

Shareholders have the right to authorize another person to vote as their proxy at the General Meeting or to perform other legal actions. The signature on the power of attorney must be certified in accordance with the law. The power of attorney can be revoked, and it will also be considered revoked if the shareholder subsequently gives another power of attorney or votes in person at a meeting of the General Meeting.

Shareholders may exercise the right to vote without attending the session of the Assembly, by submitting the completed ballot, to the address: ul. Stanka Dragojevića bb, Podgorica, no later than the day of the Assembly until 9.00 am. The signature of the shareholder or authorized person of the shareholder on the ballot must be certified 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 obtain additional information, consult the materials for the meeting and proposals for decisions at the headquarters of Universal Capital Bank AD Podgorica and by phone: +382 20 481 414, every working day from 8.00 — 16.00. Information on the holding of the Assembly, forms of power of attorney and ballots are available on the website www.ucbank.me.

Download

• Ballot
• Power of attorney