Notification on Apranga Group CFO change

Core Points - Apranga Group announces the replacement of Chief Financial Officer Gabrielius Morkūnas with Mykolas Navickas effective July 1, 2025 [1] - Mykolas Navickas will also take on responsibilities for investor relations and information disclosure [1] - Gabrielius Morkūnas has served as CFO since 2021 and is thanked for his professionalism and innovative approach by the General Director Rimantas Perveneckas [1] Background of Mykolas Navickas - Mykolas Navickas has been with Vanagas Group as Group CFO since 2023 [2] - He held various positions at Maxima Grupe Group from 2016 to 2023, including CFO and CEO of Maxima International Sourcing [2] - Navickas has a Bachelor's degree in Economics and a Master's degree in Finance [2]