Selected candidates for the Management Board of AB “Ignitis grupė”

Core Viewpoint - The Supervisory Board of "Ignitis grupė" has selected candidates for a new four-year term for the Management Board, expected to take office on March 26, 2026, ensuring continuity in the Group's strategy and leadership [1][8]. Group Management Board Composition - The new Management Board will consist of five members, including four current members and one new member with extensive experience in the energy sector [2]. - Darius Maikštėnas will continue as Chair of the Management Board and CEO, having led the transformation of "Lietuvos energija" into "Ignitis grupė," the largest listed company in the Baltic States, with financial results doubling and a threefold increase in renewable energy projects during his tenure [2]. - Jonas Rimavičius, the Group CFO, has overseen key strategic initiatives, including a successful IPO and green bond issuances, contributing to the Group's long-term growth strategy [3]. - Dr. Živilė Skibarkienė, Chief Organisational Development Officer, has led enterprise-wide transformation and digitalization efforts, earning the Group the "Top Employer" rating five times [4]. - Mantas Mikalajūnas, Chief Regulatory Officer, has nearly two decades of experience in the energy sector, overseeing regulated activities and government relations [5]. - Vytenis Koryzna, the new member, brings over a decade of experience in renewable energy and strategic leadership, previously serving as CEO of Detra Solar and Enefit Lithuania [6]. Selection Process - The selection process for the Management Board candidates was conducted by an external recruitment agency, with applications accepted until January 5, 2026, and candidates assessed based on their qualifications and experience [10]. Governance and Terms - The Management Board is elected for a four-year term, with the CEO also serving as the Chair of the Management Board, in accordance with corporate governance guidelines [8]. - The current term of the Management Board ends on March 25, 2026, and the second term of the current CEO, D. Maikštėnas, will conclude on February 28, 2027 [9].