Group 1 - EPSO-G has appointed Rasa Kražauskienė as an independent member of the Nomination and Remuneration Committee, replacing Ramūnas Bagdonas and Liudas Liutkevičius [1][2] - Rasa Kražauskienė began her role on January 7, 2026, and the Committee's term will last until March 2027, aligning with the EPSO-G Board's term [2] - The Nomination and Remuneration Committee will consist of at least three members, with Robertas Vyšniauskas and Dovilė Kavaliauskienė continuing as members [2] Group 2 - EPSO-G is a holding company that oversees six direct subsidiaries: Amber Grid, Baltpool, Energy cells, EPSO-G Invest, Litgrid, and Tetas [3] - EPSO-G and its subsidiaries hold shares in Rheinmetall Defence Lietuva, Baltic RCC OÜ, and TSO Holding AS [3] - The Ministry of Energy of the Republic of Lithuania exercises the rights and obligations of the sole shareholder of EPSO-G [3]

Core Viewpoint - The Ministry of Energy of Lithuania has appointed KPMG Baltics UAB as the audit firm for EPSO-G for the period 2026-2028, with a maximum remuneration of EUR 433,675 for audit services [1][2]. Group 1: Company Structure - EPSO-G is a new energy group consisting of the holding company EPSO-G and six direct subsidiaries: Amber Grid, Baltpool, Energy cells, EPSO-G Invest, Litgrid, and Tetas [1]. - EPSO-G and its subsidiaries also hold shares in Rheinmetall Defence Lietuva, Baltic RCC OÜ, and TSO Holding AS [1]. Group 2: Audit Appointment - KPMG Baltics UAB has been appointed to conduct the audit of the consolidated and separate financial statements of EPSO-G for the years 2026-2028 [2]. - The audit will also include the consolidated management report prepared in accordance with International Financial Reporting Standards as adopted by the EU [2]. - The total remuneration for the audit services is set at a maximum of EUR 433,675, excluding VAT [2].

Core Viewpoint - Lithuania's gas transmission system operator Amber Grid has established a natural gas transportation agreement to the Kaliningrad region, adhering to international agreements and EU regulations, with a contract duration until December 31, 2030 [1] Group 1: Agreement Details - The new transit service conditions are set for five years, with service prices regulated by the National Energy Regulatory Council [1] - The permissible revenue level for 2026 is approximately €30 million [1] Group 2: Capacity and Regulations - The contract allows for a capacity of 10.5 million m³ per day at the exit point to the Kaliningrad region [2] - Commercial gas trading remains prohibited under Lithuanian law, ensuring that the volume of gas entering and exiting the pipelines is strictly accounted for [2]

Group 1 - EPSO-G has entered into a tripartite debt transfer agreement with AB Amber Grid and the Nordic Investment Bank (NIB) to assume a loan of €10.9 million for the Klaipėda–Kiemėnai pipeline capacity expansion project [2] - The original loan repayment term is scheduled for the second half of 2030, indicating a long-term financial commitment [2] - An internal loan agreement has been concluded between EPSO-G and AB Amber Grid under the same terms as the original agreement, ensuring continuity of financial obligations [3] Group 2 - The EPSO-G group consists of the holding company EPSO-G and six direct subsidiaries, including Amber Grid and Litgrid, indicating a diversified corporate structure [4] - The Ministry of Energy of the Republic of Lithuania exercises the rights and obligations of the sole shareholder of EPSO-G, highlighting government involvement in the company's operations [4]

Core Points - EPSO-G has announced the selection process for board members of its subsidiary, Energy Cells, with applications due by January 30, 2026 [1] - The board will consist of three members, including an independent member with financial management and M&A expertise, a member nominated by EPSO-G for strategic planning, and a civil servant responsible for state aid and national security [2] - The current board's term will end on April 13, 2026, and the selection of the independent member is facilitated by AIMS International Lietuva, while the other selections are managed by EPSO-G's Nomination and Remuneration Committee [3] Company Structure - EPSO-G is a holding company with six direct subsidiaries: Amber Grid, Baltpool, Energy Cells, EPSO-G Invest, Litgrid, and Tetas, and it holds shares in Rheinmetall Defence Lietuva, Baltic RCC OÜ, and TSO Holding AS [4] - The Ministry of Energy of the Republic of Lithuania exercises the rights and obligations of the sole shareholder of EPSO-G [4]

Following the resignation of Ramūnas Bagdonas, an independent member of the Nomination and Remuneration Committee of the new energy group EPSO-G (legal entity code 302826889, registered office address: Laisvės Ave. 10, Vilnius, Lithuania), effective 1 November 2025, the Board, at its meeting held on 24 October 2025, initiated a selection process for a new independent member of the EPSO-G Nomination and Renumeration Committee. In order to ensure the continuity of the Committee’s activities and to maintain th ...

European Energy Exchange AG (EEX) and Lithuania’s gas transmission system operator Amber Grid have completed the strategic process launched in 2023 to transfer GET Baltic’s shares to the partner that won the international public tender. In the first stage in 2023, upon approval by the Amber Grid Board and General Meeting of Shareholders and after assessing GET Baltic’s financial results, 66 % of the shares were sold for €6.5 million. The deal for the remaining 34 % of shares is now valued at €3.8 million. ...

Core Points - The decision was made to increase the number of shares held by UAB EPSO-G in UAB EPSO-G Invest from 1,912,500 to 3,776,856 [2] - A share subscription agreement with UAB EPSO-G Invest was approved along with the essential terms of this agreement [2] - The EPSO-G group consists of the holding company EPSO-G and five direct subsidiaries: Amber Grid, Baltpool, Energy cells, Litgrid, and Tetas [3] - The Ministry of Energy of the Republic of Lithuania exercises the rights and obligations of the sole shareholder of EPSO-G [3]

Core Points - The Board of EPSO-G has convened an Extraordinary General Meeting to discuss significant investment decisions [1] - EPSO-G plans to invest EUR 18,643,560 in its subsidiary UAB EPSO-G Invest by increasing its authorized capital and shares [2] - The meeting agenda includes the approval of the decision to increase shares in UAB EPSO-G Invest and the essential terms of the share subscription agreement [3] Company Structure - EPSO-G is a holding company with six direct subsidiaries: Amber Grid, Baltpool, Energy Cells, EPSO-G Invest, Litgrid, and Tetas [4] - EPSO-G and its subsidiaries also hold shares in GET Baltic, Baltic RCC OÜ, and TSO Holding AS [4] - The Ministry of Energy of the Republic of Lithuania exercises the rights and obligations of the sole shareholder of EPSO-G [4]

Group 1 - EPSO-G has signed an agreement to replace a previously granted 12-month short-term loan of EUR 50 million with a long-term loan maturing in 5 years, to be repaid at the end of the term [1] - The borrowing requirement is driven by investments in long-term assets and a EUR 28.8 million payment to GAZ-System for the GIPL gas pipeline infrastructure, reflecting Amber Grid's financial obligations under the EU mechanism for cost allocation [2] - The reclassification of the loan to long-term will positively impact Amber Grid's short-term liquidity ratios [3] Group 2 - EPSO-G Group consists of the management company EPSO-G and six directly owned subsidiaries, including Amber Grid, and holds shares in various companies [3]