Regarding the election of independent members to the Audit Committee and Remuneration and Nomination Committee of AB Klaipedos nafta

We hereby inform that by the decision of Supervisory Council of AB Klaipedos nafta (hereinafter – the Company), as of 22 of February, 2023, until the end of term of office of Company’s acting Supervisory Council, Šarunas Radavicius was elected as an independent member of the Audit Committee of the Company. He will be joining current members Robertas Vyšniauskas and Mantas Šukevicius.

The Audit Committee consists of 3 (three) members, of which 1 (one) is independent, and 2 (two) are designated independent members of the Supervisory Council.

In addition, Supervisory Council decided, to elect Živile Valeišiene as an independent member of Remuneration and Nomination Committee of the Company as of 24th of November 2022 until the end of term of office of Company’s acting Supervisory Council. She will be joining current members Dovile Kavaliauskiene and Robertas Vyšniauskas.

The Remuneration and Nomination Committee consists of 3 (three) members, 1 (one) of which is independent, and 2 (two) are designated members of the Supervisory Council.

Chief Financial Officer Mindaugas Kvekšas, +370 49 391 772