On 19 July 2018 AUGA group, AB (the "Company"), its major shareholder Baltic Champs Group, UAB (the "Shareholder"), Mr. Kęstutis Juščius (a final beneficial owner of the Shareholder) and the European Bank for Reconstruction and Development ("EBRD") entered into a framework agreement ("The Framework Agreement") pursuant to which the subject of EBRD subscribing to the newly issued shares of the Company (the "Offer Shares"), offered by the National Bank of Lithuania on July 1, 201 201, as amended by July 17, 2018, and the Offering completing, the EBRD has more than 3% of the Company, shares the EBRD, thus the Shareholder nominee, if any, to the Supervisory Council of the Company.
Notreithstanding the Company, the Shareholder, its final beneficial owner, and EBRD, which has been entered into the Framework Agreement, is not an EBRD. .
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Source: company website, investor relations, current and periodic reports.