OREANDA-NEWS. On 5 October, 2016, a Committee for selection of independent Board member candidates of AB Klaipedos Nafta (hereinafter – Selection Committee), formed by decision of the Supervisory Council of AB Klaipedos Nafta (hereinafter – the Company), adopted on 16 September, 2016, announced a selection of candidates for independent Board members.

Following the requirements of the description of the selection of an independent Board member, approved by Selection Committee, the selection is performed for one position of an independent Board member. After the selection procedures are performed, a decision regarding election of a Board member will be made by the Supervisory Board.