Regarding the extraordinary meeting of the shareholders of AB SEB bankas

 | Source: SEB Bankas SEB Bankas

Vilnius, Lithuania, 2016-05-02 15:30 CEST (GLOBE NEWSWIRE) -- On the 12rd of May 2016 the Extraordinary General Meeting of Shareholders of AB SEB bankas will take place. The General Meeting is initiated and convened by the Management Board of the bank. 100 % of shares of the bank are owned by Skandinaviska Enskilda Banken AB.

 

Issues on the agenda:

  1. Regarding the withdrawal of members to the Supervisory Council of AB SEB bankas;
  2. Regarding the election of a member to the Supervisory Council of AB SEB bankas.

 

The Management Board of bank endorsed the following draft resolutions of the Extraordinary General Meeting of Shareholders of the Bank:

 

  1. to withdrwaw the following persons from the Supervisory Council of AB SEB bankas:

1.1. David Bamforth Tear, SEB group Chief Risk Officer;

1.2. Mark Barry Payne, Chief Financial Officer of “SEB Pension” in Denmark.

 

  1. to elect the following person to the Supervisory Council of AB SEB bankas:

2.1. Riho Unt, Head of Baltic Division of Skandinaviska Enskilda Banken AB.

 

To stipulate that the withdrawn members shall cease to hold the positions and the newly elected member of Supervisory Council shall commence his activity since the adoption of the decision at the Extraordinary General Meeting of Shareholders of AB SEB bankas and the newly elected member shall hold this position no longer than the end of tenure of the current Supervisory Council - 29th October, 2017.

To authorize the President of AB SEB bankas to perform all the necessary actions related to the implementation of this decision, including but not limited to registration of decision within the Company Register, allowing him to reauthorize other persons to perform the above mentioned actions.

This notification is non-confidential.

Jonas Iržikevičius, Vice President of AB SEB bankas, Head of Business Support Division and Chief Financial Officer.

2 May 2016, Vilnius

 

         Jonas Iržikevičius, Vice President of AB SEB bankas, Head of Business Support Division and Chief Financial Officer, tel. +370 5 268 2355, is authorized to provide additional information regarding the material event.