INDEXO — Board/Management Information 2025

Mar 7, 2025

Mārtiņš Jaunarājs

CONTACT

• +371 2924 3056
• martins.jaunarajs@gmail.com
• Kalēju 74-23, Rīga, LV-1050, Latvia

EDUCATION

CFA Charterholder CFA Institute, 1999

Master degree in Business Administration University of Latvia, 1993 – 1999

LANGUAGES

English – Excellent Latvian – Native Russian – Excellent German – Basic

WORK EXPERIENCE

Until Today Member of the Supervisory Board INDEXO Banka AS Subsidiary of IPAS INDEXO, www.indexo.lv

Until Today Liquidator BaltCap Latvia Venture Capital Fund KS (from 2023)

• 2010 2023 Partner, Investment Director BaltCap Management Latvia SIA Venture Capital Firm (www.baltcap.com)
• 2007 2008 Member of the Supervisory Board AP Anlage und Privatbank AG Switzerland Subsidiary of Parex Banka AS

2001 – 2008 Senior VP, Head of Capital Markets and Investment Banking Parex Banka AS Bank www.citadele.lv

1997 – 2001 Head of Corporate Sales, Financial Markets Division Hansabanka AS Bank www.swedbank.lv

1994 – 1997 Senior Specialist, Money Transfer Investigations, International Payments Departmen Latvijas Universala Banka AS Bank www.seb.lv

BOARD POSITIONS IN BALTCAP PORTFOLIO COMPANIES

Until Today Chairman of the Council Pure Chocolate SIA (from 2017) Food processing (www.purechocolate.lv), Portfolio company of BLVCF.

2012 – 2022 Chairman of the Council

Vendon Software company, Remote management solutions for vending industry (www.vendon.net), Portfolio company of BLVCF.

2011 – 2022 Chairman of the Council

AGroup Software company, Human resource management (www.agroup.lv), Portfolio company of BLVCF.

2010 – 2013 Member of the Council Primekss Group SIA Concrete Contracting (www.primekss.com), Portfolio company of BLVCF.

2013 - 2022 Chairman of the Council Blue Bridge Technologies SIA Software development (www.bb-tech.eu), Portfolio company of BLVCF.

INDEPENDENT BOARD POSITIONS

2014 – 2019 Member of the Board, Member of the Audit Committee Scottish Salmon Company Salmon Farming Jersey, United Kingdom. Publicly listed on Oslo Stock Exchange.

PERSONAL INVESTMENTS

Until Today Member of the Board Agenda Capital SIA (from 2009) Personal holding company, Shareholder of Indexo IPAS.

Member of the Board Sapratix SIA (from 2010) Manufacturing of natural fertilisers, Currently inactive.