Members of the Board - Governance

The Board of Lithuanian Airports, AB is elected for a four-year term by decision of the Ministry of Transport and Communications of the Republic of Lithuania, which exercises the rights and obligations of sole shareholder of the company. The process of forming a new board is currently underway. Information regarding its composition will be announced once it has been approved.

The Board’s matrix of responsibilities will be published following its approval by the newly formed Board of AB Lietuvos oro uostai.

Remuneration of the Members of the Board

The remuneration of the 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 Board 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 gross monthly remuneration of a Member of the Board is EUR 2,526 (two thousand five hundred twenty-six euros) or, if the Member of the Board is a civil servant, then the gross monthly remuneration is EUR 1,263 (one thousand two hundred sixty-three euros). The gross monthly remuneration of the Chairman of the Board is EUR 3,368 (three thousand three hundred sixty-eight euros).