G. Kudarauskas Appointed Chief Financial Officer of Utenos Trikotazas

Group 1: Leadership Change - Gediminas Kudarauskas has been appointed as the new Chief Financial Officer of Utenos Trikotazas, succeeding Tadas Baužys [1] - Tadas Baužys stepped down for personal reasons at the end of 2025 [3] Group 2: Financial Performance - Utenos Trikotazas achieved a revenue increase of 30.7 percent, reaching EUR 15.9 million during the first nine months of 2025 [4] - Exports constituted 80.7 percent of total sales for the company [4] - The company's EBITDA for the same period was EUR 0.7 million [4] Group 3: Strategic Focus - The company is entering a new stage focused on the further development of its core activities following a successful 2025 [1] - The role of the Chief Financial Officer is deemed particularly important for ensuring further growth and sustainable development [3]