In connection with expiration of the term of the board member agreement, Mr. Aleksei Kadõrko shall leave the company from August 1, 2016.
In connection with concluding the board member agreement, Kati Kusmin shall become the new board member of Silvano Fashion Group effective from August 1, 2016.
For the past three years, Kati Kusmin served as the board member of Baltika AS, Estonia and has previously been a member of the management board of Estonian Consumer Keskühistu TÜH (now Coop), Chairman of the Board, Chairman of the Board of AS Kalev Chocolate Factory and Tallinna Kaubamaja Department Store Director.
Kati Kusmin does not own Silvano Fashion Group shares at the moment of appointment into the company.
Silvano Fashion Group AS, the Management Board continues with two members: Jarek Särgava and Kati Kusmin.
Jarek Särgava
AS Silvano Fashion Group