Statute of the Public Institution Telephony Museum

1. The Public Institution Telephony Museum (hereinafter referred to as the Institution) is a public legal entity of limited civil liability, which in its activities is governed by these articles of association, the Civil Code of the Republic of Lithuania, the Law on Public Institutions of the Republic of Lithuania (hereinafter referred to as the Law on Public Institutions), other laws of the Republic of Lithuania, and other legal acts.

2. The legal form of the Institution is a public institution.

3. The period of activity of the Institution is unlimited.

4. The financial year of the Institution is 01-01 to 12-31.

5. The goals of the Institution's activities: - to promote museum values — to collect, preserve, and present telecommunication devices to the public, to introduce the history of telephony, to conduct educational excursions for tourists and museum visitors, to organise educational activities for children and youth; - to popularise telephony; - to present to the public the historic building of the Telephony Museum (the former city treasury), a cultural heritage site; - to organise changing exhibitions and cultural events; - to participate in various regional and national museum programmes. 5.1. In implementing its main objective, the Institution carries out the following activities: - collects and accumulates exhibits of museum value and carries out cultural exchanges; - forms collections of exhibits, maintains their records, and ensures proper storage conditions; - conducts research and educational work, prepares expositions, exhibitions, cultural events, publications, excursions, lectures, and carries out educational activities; - organises creative leisure and cultural events; - submits educational programme applications to the Student Cultural Passport selection competition; - submits educational programme applications to receive the student basket funding; - maintains relations with similar organisations in the Republic of Lithuania and other countries. 5.2. Areas of activity: activities of other membership organisations not elsewhere classified (94.99); operation of historical sites and buildings and similar visitor attractions (91.03); museum activities (91.02); creative, arts, and entertainment activities (90.0); cultural education (85.52); other education not elsewhere classified (85.59); organisation of conventions and trade shows (82.30); tour operator activities (79.12); other reservation service and related activities (79.9); advertising agency activities (73.11); motion picture projection activities (59.14); retail sale of books in specialised stores (47.61); retail sale of music and video recordings in specialised stores (47.63); other retail sale of new goods in specialised stores (47.78); specialised retail sale of souvenirs, craftwork, and religious articles (47.78). 5.3. The Institution has the right to engage in other economic-commercial activities not mentioned herein and not prohibited by law, which is inseparably related to its activity goals. 5.4. The Institution carries out its activities in Lithuania and, in accordance with the procedure established by law, abroad. Activities for which a licence (permit) is required by law may be carried out by the Institution only after obtaining the relevant licence (permit).

6. New shareholders are admitted by a resolution of the general meeting of shareholders. The resolution of the general meeting of shareholders shall also specify the minimum amount of the contribution to the shareholders' capital of the Institution by the person wishing to become a shareholder — the amount (if the contribution is monetary) or the value (if the contribution is tangible or intangible property, as well as tangible or intangible property and money).

7. A person wishing to become a new shareholder of the Institution shall submit an application to the head of the Institution.

8. The person's application must contain information about the person (for a natural person: name, surname, personal identification number, place of residence or correspondence address; for a legal entity: name, legal form, code, registered office, representative's name and surname), an expressed approval of the Institution's activity goals, and the amount of the person's intended contribution to the shareholders' capital of the Institution, which may not be less than the amount established by the general meeting of shareholders.

9. If the person's contribution to the shareholders' capital is to be made in tangible or intangible property, a valuation report of such property shall be submitted together with the application.

10. Once the general meeting of shareholders adopts a resolution to admit a new shareholder, the person who wished to become a shareholder becomes one upon transferring the contribution specified in their application to the Institution.

11. A person who has acquired shareholder rights shall submit a document confirming the acquisition of the Institution's shareholder rights to the head of the Institution.

12. Upon receiving a document confirming the acquisition of the Institution's shareholder rights, the head of the Institution shall register the new shareholder and the value of their contribution in the Institution's documents.

13. A person who has acquired shareholder rights becomes a shareholder of the Institution from the moment specified in the document confirming the acquisition of shareholder rights.

14. The number of votes of the new shareholder in exercising their right to vote at the general meeting of shareholders corresponds to the number of votes held by the shareholder who transferred their shareholder rights.

15. Shareholder contributions are transferred to the Institution in the following manner: 15.1. Money is deposited into the Institution's account. 15.2. Tangible and intangible property is transferred to the Institution by drawing up an asset transfer act. The act is signed by the person transferring the property (founder, shareholder, or person wishing to become a shareholder) and the head of the Institution. A valuation report of the property shall be submitted together with the transferred property. The property valuation is carried out at the shareholder's expense.

16. The bodies of the Institution are the general meeting of shareholders and the sole management body — the head of the Institution.

17. The competence of the general meeting of shareholders, as well as the procedure for appointment and dismissal of the head of the Institution and their competence, do not differ from those specified in the Law on Public Institutions.

18. The general meeting of shareholders shall be convened at least once a year. The head of the Institution is responsible for convening the general meeting of shareholders. The head of the Institution shall notify each shareholder of the convening of the general meeting of shareholders no later than 20 days before the date of the meeting by sending a registered letter to the address indicated by the shareholder to the Institution, by delivering the notice against signature, or by electronic means of communication. The general meeting of shareholders may be convened without observing this deadline if all shareholders consent to this in writing.

19. At the general meeting of shareholders, each shareholder has one vote.

20. Resolutions of the general meeting of shareholders are adopted by a simple majority of votes of the shareholders present at the meeting, except for the following resolutions, which are adopted by no less than 2/3 of the votes of all shareholders present at the meeting: 20.1. a resolution on the reorganisation of the Institution and the approval of the reorganisation conditions; 20.2. a resolution to convert the Institution; 20.3. a resolution to liquidate the Institution or to revoke its liquidation; 20.4. a resolution on the transfer, lease, lending under a loan-for-use agreement, or pledging of long-term assets owned by the Institution.

21. If the Institution has only one shareholder, that shareholder is called the owner of the Institution and their written decisions are equivalent to the resolutions of the general meeting of shareholders.

22. Decisions to establish branches and representative offices of the Institution, to terminate their activities, as well as to approve the regulations of branches and representative offices, are made by the head of the Institution.

23. At the written request of a shareholder, no later than within 7 days from the date of receipt of the request, the Institution's documents shall be made available for review to the shareholder during the Institution's working hours at its registered office or at another location designated by the head of the Institution where the documents are kept. Copies of these documents may be sent to the shareholder by registered letter to the address indicated by the shareholder to the Institution, or delivered against signature or by electronic means of communication.

24. The Institution's documents, their copies, or other information is provided to shareholders free of charge.

25. When the Institution's notices must be published publicly, they shall be published in the electronic publication "Public Notices of Legal Entities" issued by the State Enterprise Centre of Registers.

26. Other notices of the Institution to shareholders and other persons shall be sent by registered letter or delivered against signature or by electronic means of communication. When notices are sent to a shareholder by registered letter, they shall be sent to the address indicated by the shareholder to the Institution. Urgent notices may be transmitted by electronic means of communication, with the originals sent to the addressee by registered letter or delivered against signature on the same day.

27. The head of the Institution is responsible for the timely dispatch of notices or their delivery against signature.

28. The Institution's activity report, as well as other information to be provided to the public as determined by the general meeting of shareholders, shall be published on the Institution's website. If the Institution does not have a website, the Institution's activity report and information shall be made available at the Institution's registered office during working hours.

29. The procedure for amending the statute does not differ from that specified in the Law on Public Institutions.

30. If it becomes apparent that the statute contains provisions that contradict the Law on Public Institutions and other laws, the statute must be amended.