Regarding election of a member of the Supervisory Council

AB DNB Bankas notifies that on 11 December 2012 based on the decision of the bank‘s sole shareholder – Norway‘s DNB Bank ASA – Eline Skramstad was elected as a member of the Supervisory Council of AB DNB Bankas until the expiry of term of office of the current Supervisory Council. Eline Skramstad replaces Ola Landmark on the Supervisory Council after he resigned from the position on 20 October 2012 to continue his carrier in DNB Bank ASA in Singapore. The Bank of Lithuania has granted a permission to Eline Skramstad to take the office.

Eline Skramstad (born 1971) is the senior credit officer of  DNB Bank ASA.  She has been working in Norway’s DNB Bank ASA since 2001 as the senior vice president having extensive experience of work with large corporate customers. Before joining DNB Bank ASA Eline Skramstad worked as senior executive officer in Norway’s Transport and Communication Ministry.

Eline Skramstad is a graduate from the Norway’s Science and technology university and holds a Master degree.

Eline Skramstad has no shareholdings in AB DNB Bankas.