TEO LT, AB (hereinafter ‘the Company’ or ‘Teo’) from the largest shareholder of the Company, TeliaSonera AB, which holds 88.15 per cent of the Company’s shares and votes, received a letter with the list of nominees to the Board of the Company.
As a shareholder of TEO LT, AB TeliaSonera AB proposes to the Annual General Meeting of Shareholders to be held on 29 April 2015 in Vilnius, Lithuania, the following nominees to be elected to the Board of TEO LT, AB:
1. Mr. Robert (Wilhelm) Andersson
2. Mr. Stefan (Carl Demetrios) Block
3. Mr. Claes (Johan Ingemar) Nycander
4. Ms. Tiia (Silja Kristiina) Tuovinen
5. Ms. Inga Skisaker
6. Mr. Rolandas Viršilas
Robert (Wilhelm) Andersson (born in 1960) – Chairman of the Board of TEO LT, AB, member of the Board since 29 April 2014 (nominated by TeliaSonera AB), Chairman of the Remuneration Committee. Education: George Washington University, Washington DC, (U.S.A.), Master of Business Administration, International Business, and Swedish School of Economics and Business Administration, Helsinki (Finland), Master of Science, Accounting/Finance. Employment – TeliaSonera AB (Sweden), Executive Vice President and Head of Region Europe. Current Board Assignments: TeliaSonera Finland Oyj (Finland), Chairman of the Board; TeliaSonera Norge AS (Norway), Chairman of the Board; UAB Omnitel (Lithuania), Chairman of the Board; AS Eesti Telekom (Estonia), Chairman of the Supervisory Council; Xfera Móviles S.A. (Spain), member of the Board and Enea AB (Sweden), member of the Board. Robert Andersson has no direct interest in the share capital of TEO LT, AB. He owns 10,000 shares of TeliaSonera AB. He has no shareholdings that exceed 5 per cent of the share capital of any company.
Stefan (Carl Demetrios) Block (born in 1967) – member of the Board of TEO LT, AB since 29 April 2014 (nominated by TeliaSonera AB), Chairman of the Audit Committee. Education – University of Stockholm (Sweden), Bachelor of Science in Business and Administration. Employment – TeliaSonera AB (Sweden), Chief Financial Officer of Region Europe. Current Board Assignments: TeliaSonera Denmark A/S (Denmark), Chairman of the Board; Síminn Denmark A/S (Denmark), member of the Board; Telia Finance (Sweden), member of the Board; TeliaSonera Norge AS (Norway), member of the Board; Xfera Móviles S.A. (Spain), member of the Board; UAB Omnitel (Lithuania), member of the Board; LMT SIA (Latvia), member of the Supervisory Council and AS Eesti Telekom (Estonia), member of the Supervisory Council. Stefan Block has no direct interest in the share capital of TEO LT, AB. He has no shareholdings that exceed 5 per cent of the share capital of any company.
Claes (Johan Ingemar) Nycander (born in 1963) – member of the Board of TEO LT, AB since 29 April 2014 (nominated by TeliaSonera AB), member of the Remuneration Committee. Education: Uppsala University (Sweden), Master of Business and Administration; Stanford University Palo Alto (U.S.A.), Master of Science in Electrical Engineering; Institute of Technology at University of Linköping (Sweden), Master of Science in Electrical Engineering and University of Linköping (Sweden), Bachelor of Science in Mathematics. Employment – TeliaSonera AB (Sweden), Chief Technology Officer of Region Europe. Current Board Assignments: TT Nätverket A/S (Denmark), Chairman of the Board; LMT SIA (Latvia), member of the Supervisory Council and Systecon AB (Sweden), member of the Board. Claes Nycander has no direct interest in the share capital of TEO LT, AB. He has no shareholdings that exceed 5 per cent of the share capital of any company.
Tiia (Silja Kristiina) Tuovinen (born in 1964) – member of the Board of TEO LT, AB since 28 April 2009, re-elected for the two-year term on 25 April 2013 (nominated by TeliaSonera AB), member of the Audit Committee. Education: University College London (United Kingdom), Master of Laws, and University of Helsinki (Finland), Master of Laws. Employment: TeliaSonera AB (Sweden), Group Legal Affairs, Senior Legal Counsel for Competition and Corporate Governance. Current Board assignments: Kekkilä Oy (Finland), member of the Board; Innofactor Oyj (Finland), member of the Board and member of the Board of several real estate companies in Helsinki, Finland. Tiia Tuovinen has no direct interest in the share capital of TEO LT, AB. She has no shareholdings that exceed 5 per cent of the share capital of any company.
Inga Skisaker (born in 1971) – member of the Board of TEO LT, AB since 28 April 2011, re-elected for the two-year term on 25 April 2013 (nominated as independent candidate by TeliaSonera AB), member of the Audit Committee. Education: Vilnius University (Lithuania), Master of International Business Administration. Employment – Nordea Bank AB Lithuania Branch (Sweden), General Manager and Head of Banking Baltic Countries. Current Board assignments: Baltic Management Institute (Lithuania), member of the Board, and Investors Forum (Lithuania), member of the Board. Inga Skisaker has no direct interest in the share capital of TEO LT, AB. She has no shareholdings that exceed 5 per cent of the share capital of any company.
Rolandas Viršilas (born in 1963) – member of the Board of TEO LT, AB since 25 April 2013 (nominated as independent candidate by TeliaSonera AB), member of the Remuneration Committee. Education: Vilnius University (Lithuania), Faculty of Mathematics, Master‘s degree. Employment: UAB Švyturys–Utenos Alus (Lithuania), Chief Executive Officer. Current Board assignments: Lithuanian Brewers´ Guild (Lithuania), Chairman of the Council and VšĮ Užstato Sistemos Administratorius, member of the Board. Rolandas Viršilas has 75,000 shares of TEO LT, AB that accounts to 0.0129 per cent of the total number of the Company’s shares and votes. He has no shareholdings that exceed 5 per cent of the share capital of any company.
Following provisions of The Governance Code for the Companies Listed on the Nasdaq OMX Vilnius stock exchange all nominees upon election would be regarded as non-executive member of the Board, while Inga Skisaker and Rolandas Viršilas besides would be regarded as independent members of the Board.
The documents possessed by the Company related to the agenda of the Meeting, including draft resolutions, are available at the headquarters of TEO LT, AB, Lvovo str. 25, Vilnius, Lithuania, or at the Company’s internet website www.teo.lt.
ENCL.:
- Curriculum Vitae’s of nominees to the Board
Eglė Gudelytė-Harvey,
Head of Legal Affairs Division,
tel. +370 5 236 72 92
