Core Viewpoint - Civinity has appointed Tadas Matjošaitis as a member of its Management Board to enhance operational expertise and align strategy with execution in pursuit of its "Smart Green City" vision [1][4]. Group Structure and Leadership - Tadas Matjošaitis, previously the Chief Operating Officer since October 2025, is responsible for developing the service portfolio, increasing operational efficiency, and implementing digital solutions across the Group [2]. - The current Management Board now includes Deividas Jacka (Chairman), Diana Dominienė, Šarūnas Stanislovėnas, Giedrė Vilkė, and Tadas Matjošaitis [5]. Experience and Focus - Tadas Matjošaitis brings nearly a decade of experience in the hospitality sector and has a background in organizational change and process control at Vilnius Airport, emphasizing customer experience, operational optimization, sustainability, and innovative growth [3]. Strategic Importance - The addition of Tadas Matjošaitis to the Management Board is seen as crucial for ensuring that strategic decisions are informed by operational experience and data, which will help in standardizing service quality and enhancing digitalization [4]. Company Overview - Civinity Group operates in Lithuania, Latvia, and the United Kingdom, with around 40 subsidiaries, providing services in residential, commercial, and public building maintenance, engineering systems, and information systems [6]. - In 2024, Civinity Group reported revenues of EUR 88.5 million and a pro-forma EBITDA of EUR 7.4 million [6].

Group 1 - Civinity, AB has completed the acquisition of the remaining 49% stake in Valandinis, UAB, becoming its sole shareholder, with a total buyout consideration of approximately EUR 1.26 million [1] - Civinity initially acquired a controlling stake in Valandinis in January 2023 for about EUR 0.54 million and subsequently acquired the remaining shares for EUR 0.72 million [1] - Valandinis, UAB generated revenue of EUR 3.69 million and a net profit of EUR 0.10 million in 2024 [2] Group 2 - The Civinity Group consists of the Company and nearly 40 subsidiaries operating in Lithuania, Latvia, and the United Kingdom, providing various building maintenance and engineering services [3] - In 2024, Civinity Group reported revenue of EUR 88.5 million and an adjusted EBITDA of EUR 7.4 million [3]

Leadership Change - Civinity is undergoing a leadership change as CEO Virgeda Jackaitė goes on maternity leave, with Tomas Staškūnas appointed as Acting Chief Executive Officer [1][2] - Tomas Staškūnas has over 20 years of experience in finance and previously served as Chief Financial Officer of Civinity [3] Strategic Continuity - The appointment of Tomas Staškūnas is aimed at ensuring continuity in the group's operations and pursuing strategic goals during Jackaitė's absence [4] - Staškūnas has been actively involved in strategic decisions and day-to-day operations, making him well-prepared for the role [4] Company Priorities - The group's priorities remain unchanged under Staškūnas, focusing on organic growth, acquisitions, public bond issuance, and the development of the Smart Green City ecosystem [5] - Emphasis will continue to be placed on service quality and operational efficiency [5] Company Overview - Civinity is a major urban lifestyle company in the Baltics and the UK, comprising over 30 companies and employing more than 1,600 people [6] - In 2024, Civinity reported revenues of €88.5 million and Pro Forma EBITDA of €7.4 million [6]

Core Insights - Civinity has exercised its early redemption right, repurchasing €3.69 million of its private bond issue ahead of schedule, leaving a remaining bond value of €4.48 million [1][2] Group Financial Actions - The partial redemption was financed through a €4 million loan from Signet Bank, which will also assist in settling obligations with Mobilly's shareholders as per the 2024 acquisition agreement [2] - Civinity's CEO stated that the early redemption will lead to significant interest cost savings, highlighting the company's focus on favorable financial conditions [2] Company Overview - Civinity operates as an urban lifestyle company, providing building maintenance services and engineering solutions in the Baltic States and the UK, with over 30 companies and more than 1,600 employees [3] - In 2024, Civinity reported revenues of €88.5 million and a Pro Forma EBITDA of €7.4 million [3]