{"id":1104,"date":"2025-12-12T08:46:49","date_gmt":"2025-12-12T06:46:49","guid":{"rendered":"https:\/\/ltou.lt\/governance-and-accountability\/remuneration\/atlygis-darbo-uzmokestis\/"},"modified":"2026-03-23T09:23:25","modified_gmt":"2026-03-23T07:23:25","slug":"remuneration-and-personnel","status":"publish","type":"page","link":"https:\/\/ltou.lt\/en\/governance-and-accountability\/remuneration-and-personnel\/","title":{"rendered":"Remuneration"},"content":{"rendered":"\n
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\n Remuneration and personnel <\/h4>\n
\n The remuneration policy of Lithuanian Airports aims to ensure clear, transparent and fair principles that motivate employees to achieve higher results, strengthen a culture focused on individual and team achievements, and encourage active contribution to achieving the company\u2019s goals. <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/section>\n\n\n\n\n\n\n\n
Remuneration of the CEO<\/strong><\/strong>:<\/summary>\n

As of 1 September 2023, following the change of the legal status of Lithuanian Airports from a state enterprise to a joint-stock company, the remuneration of the company\u2019s CEO is determined by the Board of Lithuanian Airports. The Board does so based on remuneration market research data and the procedures set out in subparagraphs 1.1\u20131.6 of Resolution No. 1341 of the Government of the Republic of Lithuania of 23 August 2002, \u201cOn the remuneration of managers of state-owned enterprises\u201d, which regulates the setting of remuneration for executives of state-owned companies. In determining the fixed part of remuneration and awarding variable pay, consideration is given to the results of the CEO\u2019s performance appraisal and how well the company\u2019s strategic objectives and its shareholder\u2019s expectations have been met.<\/p>\n\n\n\n

Goals:<\/p>\n\n\n

\n
\n\n\n\n\n\n\n\n\n\n\n
\u00a0<\/strong><\/td>\nGoal<\/strong><\/td>\nTarget <\/strong>\u00a0<\/strong><\/td>\nTotal weight<\/strong><\/td>\n<\/tr>\n
1<\/strong><\/td>\nAdjusted EBITDA<\/td>\n>=23 mln. Eur<\/td>\n20%<\/td>\n<\/tr>\n
2<\/strong><\/td>\nPassenger NPS<\/td>\n>=63<\/td>\n10%<\/td>\n<\/tr>\n
3<\/strong><\/td>\nImprovement of connectivity<\/td>\n>=6,8 mln. Passengers<\/td>\n20%<\/td>\n<\/tr>\n
4<\/strong><\/td>\nDelivering strategic infrastructure development projects on time<\/td>\nCompletion of the Kaunas terminal expansion<\/td>\n30%<\/td>\n<\/tr>\n
Vilnius airport T2\/T3 reconstruction:<\/td>\n<\/tr>\n
Architectural tender for the VNO transformation<\/td>\n<\/tr>\n
5<\/strong><\/td>\nSuccession planning system and full implementation at the C level managers<\/td>\n\u00a0<\/td>\n20%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n

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