BANKAS SNORAS

MATERIAL EVENT



THE BOARD’S PROPOSAL TO THE GENERAL SHAREHOLDERS’ MEETING CONCERNING PROFIT

APPROPRIATION



(Unofficial Translation Done at the NSEL)



Profit appropriation (in LTL thousand):

To the mandatory reserve - 362;

To the reserve for acquisition of own shares - 0;

To other reserves – 6,607;

Dividend - 0;

Bonuses to members of the Supervisory Board and the Board - 276;

Bonuses to employees – 0.





Vladimir Streckij

Director of Financial Brokerage Division

(+370-5) 2652662