OREANDA-NEWS. On 19 July 2016, the Board of TEO LT, AB elected member of the Board Hannu-Matti Mäkinen as the member of the Company’s Audit Committee for the current term of the Audit Committee Board. Hannu-Matti Mäkinen was elected to the Board of Teo on 26 April 2016 following the resignation of the member of the Board Tiia Tuovinen, who also was a member of the Audit Committee. Hannu-Matti Mäkinen is General Counsel Region Europe and Head of Legal of Region Europe at Telia Company AB (Sweden). Member of the Board Stefan Block and independent member of the Board Inga Skisaker are members of the Audit Committee too.

The Board also re-elected the following members of the Board as members of the Remuneration Committee for the new term of one year (but in any case not longer than until their term of the membership in the Board): Robert Andersson, Claes Nycander and Rolandas Viršilas.