Management Rotation at Three MAXIMA GRUPĖ Companies

Management Changes - Jolanta Bivainytė is appointed as CEO of MAXIMA GRUPĖ effective October 13, 2025, replacing Manfredas Dargužis, who will become Head of Expansion at "Vilniaus prekyba" [1] - Kristupas Buzys takes over as CEO of MAXIMA LT, UAB, replacing Jolanta Bivainytė, and has been the marketing director since 2023 [2] - Tomas Bazys is appointed as Director of FRANMAX, previously serving as Director of the IT Department at MAXIMA LT since 2016 [3] Board Composition - The renewed Board of MAXIMA GRUPĖ includes Jolanta Bivainytė (chairwoman), Karolina Zygmantaitė, Arūnas Zimnickas, Petar Petrov Pavlov, Agnė Voverė, Lauryna Šaltinė, and Manfredas Dargužis [2] Company Overview - MAXIMA GRUPĖ, UAB manages retail chains "Maxima" in the Baltic countries, "Stokrotka" in Poland, "T Market" in Bulgaria, and the online food store "Barbora" in the Baltic countries [4] - MAXIMA GRUPĖ is part of the "Vilniaus prekyba" group, which controls investments in retail, pharmacy chains, and real estate development in the Baltic countries, Sweden, Poland, and Bulgaria [5]