Akropolis Group Audit Committee Reappointed for a New Four-Year Term

Core Viewpoint - The Audit Committee of Akropolis Group has been reappointed for a new four-year term, consisting of experienced members to ensure effective financial reporting and oversight [1][4]. Group 1: Audit Committee Composition - The Audit Committee includes Šarūnas Radavičius, Eglė Čiužaitė, and Matas Kasperavičius [2]. - Šarūnas Radavičius and Eglė Čiužaitė are independent members with extensive backgrounds in finance and auditing [2]. - Mantas Kasperavičius serves as the Chief Financial Officer at UAB "Vilniaus prekyba" and has prior experience at "Ernst & Young Baltic" [3]. Group 2: Audit Committee Functions - The Audit Committee was established to ensure effective financial reporting audits, oversee the independence of external auditors, and recommend improvements in operational quality and financial control [4]. - During its previous term, the committee significantly contributed to updating internal control procedures and enhancing the risk management strategy [4]. Group 3: Future Expectations - The Audit Committee is expected to continue ensuring effective control of internal processes and enhance investor confidence during its new term [5].