Regarding the Extension of the Deadline for Submission of Restructuring Plan and Revocation of the Extraordinary General Meeting of Shareholders of AUGA group, RAB convened on 14 July 2025

Core Points - The Board of AUGA group has decided to revoke the extraordinary General Meeting of Shareholders scheduled for July 14, 2025, due to a court ruling extending the deadline for the Company's restructuring plan submission until August 19, 2025 [1][2] - The Vilnius Regional Court's decision was influenced by unresolved issues regarding contested creditor claims, which currently hinder the creditors' ability to make decisions under the Insolvency Law [1][2] - As of July 2, 2025, the court-approved creditor claims amount to EUR 41.2 million, while EUR 48.7 million in claims remain under judicial review, preventing a creditor majority necessary for decision-making [2] - The insolvency administrator has postponed the creditors' meeting from July 10, 2025, to August 4, 2025, due to the lack of a creditor majority [2] - The Company expects the majority of contested claims to be resolved soon, allowing for the approval of the restructuring plan by shareholders and creditors before the court-imposed deadline [3] - Once the issues preventing creditor decisions are resolved, the Company will convene a General Meeting of shareholders and notify relevant parties accordingly [3]