AB Utenos Trikotazas approved to increase the number of board member from 4 to 6 at the Ordinary General Meeting of Shareholders held on April 28, 2021. For the new term of office, Board of the company elected comprising the following 5 members: Dovile Tamoševiciene, Vytautas Vaškys, Aukse Žukauskiene, Nortautas Luopas (independent member), and Arturas Užgalis (independent member). The sixth Board member is not to be elected at this meeting of shareholders. It is to be established that the newly elected member, Arturas Užgalis, shall commence his activities as of the date of registration of the amended bylaws at the Register of Legal Entities. The remaining members of the Board shall commence their activities upon the conclusion of the general meeting of shareholders of the company that elected them.