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Litgrid AB Board/Management Information 2014

Feb 24, 2014

2262_rns_2014-02-24_2ce71295-94af-4aab-8f9e-149f84d20894.html

Board/Management Information

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Litgrid’s Audit Committee appointed

Litgrid’s Audit Committee appointed

Vilnius, Lithuania, 2014-02-24 19:25 CET (GLOBE NEWSWIRE) -- On 24 February
2014, the Supervisory Board of Litgrid AB (legal entity code: 302564383, legal
form: public limited liability company, registered office address: A.
Juozapavičiaus g. 13, Vilnius, Vilnius City Municipality, Republic of
Lithuania, data on the company being collected and stored in the State
Enterprise Centre of Registers, Vilnius Branch, Legal Entities' Registration
Division) adopted a decision to appoint three members to the company's Audit
Committee, two of them being independent members:

  1. To appoint Aušra Pranckaitytė as an independent member. Ms. Pranckaitytė has
    a considerable experience in internal auditing and financial management. Since
    2011, she has been managing the private limited liability company Vidaus audito
    konsultacijos.

  2. To appoint Rima Kvietkauskaitė as an independent member. Ms. Kvietkauskaitė
    has a considerable experience in auditing. She has been currently holding the
    position of the Manager of Finance at UAB Baltic blues.

  3. To appoint Ana Tursienė, administration employee of Litgrid AB, not holding
    any managerial position, as a third member. She has been currently working as a
    financial analyst.

The term of office of the Audit Committee coincides with the term of office of
the company's Supervisory Board which approves the composition of the Audit
Committee.

     Laura Šebekienė
     Communications Manager
     Ph. + 370 693 65377,
     Email: [email protected]