Supervisory Council of AB Klaipedos nafta, based on the results of selection procedure, submitted by the Company's shareholder the Ministry of Energy of the Republic of Lithuania, adopted a decision to elect Karolis Švaikauskas as Board member of the Company until the term of office of the acting Board of AB Klaipedos nafta. The decision determines, that the elected member of the Board shall take the office on the day following the receipt of a positive response from the competent authorities, regarding Karolis Švaikauskas eligibility as a candidate. The newly elected Board member of the Company, Karolis Švaikauskas also acts as the Head of the Energy Competitiveness Group of the Ministry of Energy of the Republic of Lithuania and is the Board member of Amber Grid.