We hereby inform that due to the resignation from the office of the AB Klaipėdos Nafta’s (hereinafter – the Company) independent Board member Rytis Ambrazevičius, as of the 1st of December 2016, 3 out of 5 Board members, stipulated in the Articles of Association of the Company, are acting, accordingly the Board does not have a quorum of no less than 2/3 of the Board members, members of the Board shall not attend the meetings of the Board and decisions of the Board cannot be adopted.
Currently the selection of 2 independent Board members is being performed by the Committee for Selection of Independent Board Member Candidates of the Company, formed by the Supervisory Board of the Company.
Marius Pulkauninkas, Director of Finance and Administration Department, +370 46 391 763