NOVATURAS AB - Changes in AB “Novaturas” TOP executives’ team

POLISH FINANCIAL SUPERVISION AUTHORITY

UNI - EN REPORT No 49 / 2021

Date of issue: 2021-09-06

Short name of the issuer

NOVATURAS AB

Subject

Changes in AB “Novaturas” TOP executives’ team

Official market - legal basis

art. 17. 1 MAR.

Unofficial market - legal basis

Contents of the report:

The leading tour operator in the Baltic states “Novaturas” announces changes in the company's top executives’ team. Since the 6th of September 2021 CFO and member of TOP executives team Tomas Staškūnas leaves “Novaturas” group. Giedrius Ribakovas, a long-term employee starts as company’s head of Finance. "I am leaving “Novaturas” group after 12 years. During this period, the company has grown, changed, established itself as a leader of the sector, and has successfully overcome critical periods. Today I leave the company safe and financially stable, with a clear strategy for the future. We have attained these achievements together with the entire “Novaturas” team. I have worked closely with Giedrius for many years, and I am happy to witness this change in his career. Over these 12 years, I have fully realized myself in this company and from now on I will continue to expand my competencies in other business industries,” says Tomas Staškūnas. Giedrius Ribakovas joined the company in 2005 as an accountant and has accumulated extensive experience and competencies in finance over 16 years. In 2010 Giedrius became the group's treasurer, since 2014 he has been the group's financial controller, and in 2018 was appointed as group's chief financier. "Transparent financial and operational communication is an essential condition for companies listed on stock exchanges. During his long career, Giedrius not only gained extensive experience in the company's financial management, but also participated in the implementation of the most significant decisions of the group. I have no doubt that Giedrius' accumulated expert knowledge and competencies will further strengthen our relations with the shareholders and the investors community,” says Audronė Keinytė, head of “Novaturas” group. Starting from the 6th of September 2021 TOP executives team consists of 3 members: Audronė Keinytė, CEO, Ieva Galvydienė, CCO, and Olga Belova, CMO. About “Novaturas” group AB “Novaturas” group is the largest tour operator in the Baltic States, offering summer and winter package holidays in more than 30 destinations worldwide and more than 100 sightseeing routes. In 2019, the group served more than 293 thousand customers. Head of Finance Giedrius Ribakovas [email protected], [phone]

Annexes

File Description

NOVATURAS AB

(fullname of the issuer)

NOVATURAS AB Usługi inne (uin)

(short name of the issuer) (sector according to clasification of the WSE in Warsow)

LT-44245 Kowno

(post code) (city)

A.Mickeviciaus 27

(street) (number)

[phone] [phone]

(phone number) (fax)

(e-mail) (web site)

(NIP) (REGON)

SIGNATURE OF PERSONS REPRESENTING THE COMPANY

Date Name Position / Function Signature

2021-09-06 Giedrius Ribakovas Head of Finance