On 8 March this year, Latvenergo AS Supervisory Board has unanimously elected Aigars Laizāns as Chairman of the Supervisory Board. Kaspars Rokens is the Vice Chairman of the Supervisory Board, and Toms Siliņš and Gundars Ruža are the Members of the Supervisory Board.

According to the information provided earlier, the Shareholders’ Meeting of Latvenergo AS, as of 1 March this year, has withdrawn the Chairman of the Supervisory Board, Ivars Golsts, who had held the position since 10 June 2020. In the near future, the Ministry of Economics, in cooperation with the State Chancellery, will organise the nomination process for the position of a Member of the Supervisory Board of Latvenergo AS.

Additional information:
Jānis Irbe
Group Treasurer
Phone: +371 29 453 897
E-mail: investor.relations@latvenergo.lv

www.latvenergo.lv

About Latvenergo

Latvenergo Group is one of the leading energy suppliers in the Baltics operating in electricity and thermal energy generation and trade, natural gas trade and electricity distribution services. Latvenergo AS has been acknowledged as the most valuable company in Latvia for several times. International credit rating agency Moody's has assigned Latvenergo AS an investment-grade credit rating of Baa2/stable.

Latvenergo Group is comprised of the parent company Latvenergo AS (generation and trade of electricity and thermal energy, trade of natural gas) and subsidiaries - Sadales tīkls AS (electricity distribution), Elektrum Eesti OÜ (trade of electricity and natural gas in Estonia), Elektrum Lietuva UAB (trade of electricity and natural gas in Lithuania), Enerģijas publiskais tirgotājs AS (administration of mandatory electricity procurement process), Liepājas enerģija SIA (generation and trade of thermal energy in Liepaja, electricity generation) and Latvijas vēja parki SIA (development of wind parks in Latvia). All shares of Latvenergo AS are owned by the state and held by the Ministry of Economics of the Republic of Latvia.