Report from Annual General Meeting of EnergyO Solutions Russia AB (publ)

At the annual general meeting of EnergyO Solutions Russia AB (publ) on 28 April
2015 the following resolutions were adopted:

(a) The income statements and balance sheets of the company and the group for
the financial year 2014 were adopted.

(b) All available funds were carried forward and no dividend declared.

(c) The members of the board of directors and the chief executive officers were
discharged from liability for the financial year 2014.

(d) Seppo Remes, Christopher Granville and Peregrine Moncreiffe were re-elected
members of the board of directors and Lars Bergström was elected as new board
member. Seppo Remes was re-elected chairman of the board of directors. KPMG AB,
with Anders Tagde as auditor in charge, was re-elected auditor.

(e) It was resolved that no remuneration shall be paid to Seppo Remes and that
the remuneration for the other board members shall be SEK 600,000 and be
allocated as SEK 200,000 to each board member. The auditor's fee shall be paid
on the basis of an approved invoice.

(f) It was resolved to amend the fourth paragraph of the articles of association
to the following wording: The share capital shall be no less than SEK 15,000,000
and not more than SEK 60,000,000.

(g) It was resolved to settle the dealings between EOS Russia and Skandinaviska
Enskilda Banken AB under the synthetic buyback programme. Therefore, the annual
general meeting adopted the board of directors' proposals to reduce the share
capital by redemption of 107,072 shares and on bonus issue whereby the company's
share capital shall be increased by transferring funds from the company's
unrestricted equity without issuing new shares. The resolutions result in a net
increase of the company’s share capital by SEK 3,896.382016 to SEK
291,960,493.754099.

(h) It was resolved to reduce the companies share capital with an amount of SEK
249,600,203.754099 for allocation of unrestricted shareholders’ equity to be
used as decided by the general meeting. The reduction shall be conducted without
retirement of shares. The resolution result in an new share capital of SEK
42,360,290.

(i) The annual general meeting adopted the board's proposal to renew the
authorisation of the Board of Directors, on one or several occasions prior to
the next annual general meeting, to resolve on synthetic buybacks of own shares
up to a maximum of 29.9 per cent of all outstanding shares in the company. To
enable the Board of Directors to utilise the buyback authorisation, a swap
agreement will be entered into with a bank.

Stockholm, 28 April 2015

EnergyO Solutions Russia AB (publ)
For further information, please contact: ir@eos-russia.com
EOS Russia is an investment company headquartered in Stockholm. The overall
objective of the company is to offer attractive returns via investments in the
Russian electricity industry. EOS Russia's shares have been listed on First
North, a marketplace operated by the Stockholm Stock Exchange, since 25 June
2007. Remium Nordic AB is the Certified Adviser.