Ignitis Grupe

Remuneration Information • Dec 18, 2020

National Storage Mechanism | Additional information

Regarding the conclusion of option agreements with key executives of AB “Ignitis grupė” group of companies

AB “Ignitis grupė” (hereinafter – Ignitis Group or the Company) informs that on 18 December 2020 option agreements of the long-term promotion of key executives of the Company’s group of companies (hereinafter – Group companies) programme (hereinafter – the Programme) have been concluded with nine key executives of Ignitis Group: members of the Board of the Company and general managers of four Group companies (ESO, “Ignitis”, “Ignitis gamyba” and “Ignitis renewables”) (hereinafter – key executives).

The Supervisory Board of the Company approved on 4 December 2020 the long-term strategic targets and their indicators for 2020–2023 Programme of Group companies, their achievement assessment criteria and maximum number of offered shares to the executives (link). After achieving strategic targets (indicators), the shares will be offered free of charge in 2024.

Concluded option agreements indicate the maximum number of shares of the Company offered to be obtained in 2024 (see below):

Name, Surname	Position	Number of shares
Darius Maikštėnas	Ignitis Group Chair of the Board, Chief Executive Officer	2,265
Darius Kašauskas	Ignitis Group Member of the Board, Finance and Treasury Officer	1,178
Dominykas Tučkus	Ignitis Group Member of the Board, Infrastructure and Development Officer	1,178
Živilė Skibarkienė	Ignitis Group Member of the Board, Organisational Development Officer	1,178
Vidmantas Salietis	Ignitis Group Member of the Board, Commerce and Services Officer	1,178
Mindaugas Keizeris	ESO General Manager	653
Darius Montvila	“Ignitis” General Manager	661
Aleksandr Spiridonov	“Ignitis renewables” General Manager	605
Rimgaudas Kalvaitis	“Ignitis gamyba” General Manager	601
	Total:	9,497

The Programme is approved according to the good practices in listed companies of linking long-term strategy goals with executive motivation in order to increase loyalty, pursuit of long-term sustainable results, motivation to increase the share value growth. The resolve regarding the Programme was presented in the Prospectus of the Initial Public Offering as well as in the Ignitis Group‘s Share Allocation Rules, which were approved on 16 September 2020 by the shareholder, published on the website of the Company (https://ignitisgrupe.lt/en/management-bodies).

For more information please contact:

Artūras Ketlerius

Head of Public Relations at Ignitis Group

arturas.ketlerius@ignitis.lt

+370 620 76076