Regarding Selection of Management Board Members of Energijos Skirstymo Operatorius, AB

Energijos Skirstymo Operatorius, AB (hereinafter referred to as the “Company”), code 304151376, registered office address Aguonų g. 24, Vilnius. Total number of ordinary registered shares issued by Energijos Skirstymo Operatorius, AB is 894,630,333; ISIN code LT0000130023.

On 18 December 2018, Lietuvos Energija, UAB, which has 94.98% of the authorised capital of Energijos Skirstymo Operatorius, AB in its control, notified the Company of the fact that having completed the open selection procedures, having evaluated profession and business related character features, the balance between skills, knowledge and experience as well as the competences required for work in the Company’s Management Board, Lietuvos Energija, UAB, the Committee for the Assignment of Supervisory Board and Remuneration of Lietuvos Energija, UAB, the Supervisory Board and the Management Board of Lietuvos Energija, UAB, approved the following candidates to the Management Board of the Company with the allocated areas of responsibility as follows:

Finance and administration – Augustas Dragūnas;

Customer experience and service – Renaldas Radvila;

Network development – Ovidijus Martinonis;

Network maintenance – Virgilijus Žukauskas.

Responsibility for the management of the Company is offered to be further allocated to Mindaugas Keizeris who was selected by open selection procedure and was assigned to the Management Board of the Company by decision of the ESO Supervisory Board dated 2 October 2018.

It is planned that at the end of December the Supervisory Board of the Company will adopt a decision on the assignment of all Member of the Company’s Management Board.

In the meantime, the existing members of the Management Board, namely, Mindaugas Keizeris, the General Manager of the Company and the Chairman of the Management Board, Augustas Dragūnas, Director of the Finance and Administration Service, Saulius Vaičekauskas, Director of the Networks Maintenance Service, and Ovidijus Martinonis, Director of Networks Development Service and Interim Director of Service Desk, are to continue taking their office until the newly selected members of the Company’s Management Board are assigned to the office.

Any further actions in relation to the assignment of the members of the Company’s Management Board are to be notified by the Company in accordance with the procedure established in legislation.

 

Information is non-confidential.

For any further information contact: Representative for Public Relations, Tomas Kavaliauskas, tel. +370 617 51616