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Audit and risk committees

 

 

The Audit and Risk Committee of AB Lietuvos oro uostai is formed by a resolution of the Company’s Board of Directors for a term not exceeding the term of office of the Company’s Board of Directors. The process of forming a new Board of Directors is currently underway. Information will be announced once the new Board of Directors of AB Lietuvos oro uostai has been elected and the composition of the Audit and Risk Committee has been approved.
Remuneration of Audit and Risk Committee members

The remuneration of members of the Board of Lithuanian Airports (AB Lietuvos Oro Uostai, AB) and of committees established by it are regulated by Lithuanian government resolution No. 1092 of 14 October 2015 “On Approval of the Procedure for Payment of Remuneration to Members of Collegial Bodies of State-Owned and Municipal Enterprises and on the Insurance against Civil Liability of Members of Collegial Bodies of State-Owned and Municipal Enterprises”. The remuneration of the members of the Audit and Risk Committee is set out in the agreements governing their activities on such bodies in accordance with Order No. 3-93 of the Minister of Transport and Communications of the Republic of Lithuania of 8 March 2024 “On the Remuneration of the Members of the Board and Committees of Lithuanian Airports”. The monthly remuneration of a member of the Audit and Risk Committee is EUR 1,263 (one thousand two hundred sixty-three euros), and the monthly remuneration of the chair of this committee established by the Board is EUR 1,895 (one thousand eight hundred ninety-five euros).