Extraordinary general meeting of shareholders of Universal Capital Bank AD Podgorica 27.11.2023.

Pursuant to Art. 136 and 149 of the Company Law (Official Gazette of Montenegro, No. 065/20 dated 3 July 2020) and the Resolution of the Supervisory Board to Convene an Extraordinary General Meeting of Shareholders of Universal Capital Bank AD Podgorica,

EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS
OF UNIVERSAL CAPITAL BANK AD PODGORICA

is hereby convened.  The meeting will be held on Monday, 27 November 2023 at the Bank’s headquarters at Ulica Stanka Dragojevića bb, 81000 Podgorica, Montenegro, with the following agenda:

• Discussing and adopting the Proposal for the Resolution on the Payment of Dividends for the year 2021;
• Discussing and adopting the Proposal for the Resolution on the Dismissal of a Member of the Supervisory Board;
• Discussing and adopting the Proposal for the Resolution on the Appointment of a Member of the Supervisory Board;
• Miscellaneous.

All items of the agenda shall be decided upon by the majority of votes of the shareholders present in person or by proxy or by voting ballots, provided that the Extraordinary General Meeting of Shareholders is attended by shareholders who own at least half of the total number of shares with voting rights (12,967,323 shares out of a total of 25,934,646 shares holding voting rights). All shares of Universal Capital Bank AD Podgorica are ordinary shares and voting shares carry one vote per share.

For the election of a member of the Supervisory Board (item 3) of the agenda), each share holding voting right provides the number of votes equal to the number of members of the Supervisory Board being elected. A shareholder or a shareholder’s proxy can cast all votes for one candidate or, at his/her discretion, distribute them among several candidates. The candidates who win the most votes are elected as members of the Supervisory Board by the Extraordinary General Meeting of Shareholders.

Shareholders have the right to grant a power of attorney to another person to vote as their proxy at the Extraordinary General 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 deemed revoked where the shareholder has given another power of attorney thereafter or where 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 checked ballot to the following address:  Ulica Stanka Dragojevića bb, Podgorica, no later than 9:00 am on the day of the Extraordinary General 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 shall be taken into account when determining the voting results.

Shareholders can get additional information, review materials for the meeting and proposals for resolutions at the headquarters of Universal Capital Bank AD Podgorica and by phone number: +382 20 481 414, every working day from 8:00 a.m. to 4:00 p.m. Information on the Extraordinary General Meeting of Shareholders, sample power of attorney and voting ballot are available on the bank’s website at www.ucbank.me.

CHAIRMAN OF THE SUPERVISORY BOARD
Alfredo Longo

Download:

• Ballot
• Power of attorney