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KAUNAS CITY MUNICIPALITY

Owner of Žalgiris Arena

Kaunas city municipality

1

26 th September 2008

The construction of Kaunas sports arena was launched on the island of Nemunas.

2

8 th January 2010

The concession contract of 25 years was signed with sponsors of a public institution Kaunas Zalgiris.

3

18 th March 2010

Kaunas Entertainment and Sport Palace was named Žalgiris by the Council of Kaunas City Municipality.

4

Concession fee

Kaunas City Municipality transfers annually a concession fee that is 725 000 € (without VAT) to the operator of private limited liability company "Kauno arena".