Jugopetrol Podgorica : Proxy Annual General Meeting 2024

P R O X Y

For the Annual General Meeting of Shareholders of JUGOPETROL AD which shall be held on 29th May 2024 (Wednesday) at 11.00 hours, in Podgorica, at Hilton hotel Podgorica, at the address Svetog Petra Cetinjskog 2, conference room "Princess Milica" with the following:

AGENDA

1. Opening and election of working bodies:
2. 1. Chairman of the General Meeting
   2. Voting Data Committee
   3. Recording Secretary
   4. Minutes verification shareholder
3. Adoption of Financial Statements of JUGOPETROL AD with independent
   Auditor's Report for the year 2023
4. Adoption of Annual Business Report of JUGOPETROL AD for the year 2023
5. Approval of Resolution on Profit Appropriation for the year 2023
6. Approval of Resolution on the Adoption of the Remuneration Policy for Members of the management bodies of JUGOPETROL AD
7. Approval of Resolution on the Amount of Remuneration to the Members of the Board of Directors of JUGOPETROL AD
8. Appointing independent Auditor for the year 2024
9. Presenting the Information to the General Meeting relating to the approval of legal transactions with related parties

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/data about shareholder who grants proxy: name of legal entity or name and surname of natural person, ID number, address, number of shares of JUGOPETROL AD held

hereby grants proxy to

______________________________________________________________________________

/information about the appointee: name and surname, personal ID number, ID document number/ passport number/

to attend Annual General Meeting on behalf of shareholder who grants this proxy, to vote on the items of the Agenda and to exercise all shareholder's rights based on _____________ shares of

JUGOPETROL AD that the shareholder who grants this proxy holds in line with the list of shareholders submitted by the Central Securities Depository and Clearing Company of Montenegro.

This proxy is valid only for the above mentioned Annual General Meeting and any reconvening or rescheduling thereof.

Shareholder who grants this Proxy reserves the right to revoke it prior to the Annual General Meeting in the manner that he/she personally attends the Meeting and votes or he/she authorizes other person to represent him/her in the Meeting.

Shareholder who grants proxy:

______________________________

[signature]

For the validity of the Proxy is required to be verified i.e. signed with an electronic signature in accordance with the law.