Baltic Classifieds Group PLC

(the "Company")

Directorate Change

The Company is pleased to announce the appointment of Jurgita Kirvaitienė as an Independent Non-executive Director with effect from 17 May 2022. Jurgita will also join the Audit, Nomination and Remuneration Committees.

Jurgita built her career at PwC from 1997 to 2015 where she grew to become a Director and a member of the Management Board for Lithuania. Subsequently she became General Manager, and Board member, of a  FinTech startup, and supplemented this with being a member of the Audit Committee at Maxima Grupe. Jurgita has a BSc in Business Administration and an MSc in International Business from Vilnius University, completed an International EMBA at the Baltic Management Institute, is a fellow member of ACCA, has been a certified auditor since 2003 and was President of the Lithuanian Chamber of Auditors from 2010 to 2014. Jurgita now works part-time as an Internal Audit Consultant at Baltic Economist UAB.

Following Jurgita's appointment, the Board comprises three Independent Non-Executive Directors, one Non-Executive Director (from Apax), three Executive Directors and a Non-Executive Chair.

Commenting on the appointment, Trevor Mather, Chair said:  

"We are delighted that Jurgita is joining our Board as an independent Non-Executive Director. Jurgita has the right breadth of local economic environment understanding and financial experience to complement the balance of skills and experience on our Board. We are very much looking forward to working with her". 

Commenting on the appointment, Jurgita said: 

"I am excited to be joining the Baltic Classifieds Group Board. BCG has a fantastic portfolio of market leading brands, many of which I have been a user of for many years. The company is well placed to build on its success, and I look forward to being part of that journey".

There is no further information to be disclosed for the purposes of Listing Rule 9.6.13R. Jurgita does not currently hold any shares in the Company.

Enquiries

Baltic Classifieds Group PLC

Company Secretary: E-mail: cosec@balticclassifieds.com

Baltic Classifieds Group PLC LEI: 213800I1RPHCFSSQS969

About Baltic Classifieds Group PLC

Baltic Classifieds Group PLC ("BCG") is the leading online classifieds group in the Baltics, which owns and operates twelve leading vertical and generalist online classifieds portals in Lithuania, Estonia and Latvia. BCG's online classifieds portfolio comprises four business lines - automotive, real estate, jobs & services and generalist.

The Group listed on the London Stock Exchange in July 2021 and is now a member of the FTSE 250 Index.

For more information, please visit https://balticclassifieds.com/