Raimonds Skrebs has been working in the Management Board of Sadales tīkls AS since 2011, and by the decision of the company's Supervisory Board of 9 June 2022, he is re-approved for the Member of the Management Board position, starting from 17 September 2022. R. Skrebs points out that one of the most important strategic priorities during his next term will be the development of electricity supply infrastructure in line with the national energy security objectives and the rapid changes in the energy sector brought by the changing consumer habits, including comprehensive electromobility and the development of distributed generation. R. Skrebs holds a Master’s degree in power and electrical engineering from Riga Technical University and has more than 30 years of work experience in the energy sector.

Sadales tīkls AS, a subsidiary of Latvenergo AS, is an electricity distribution system operator that supplies electricity to more than one million customer sites and maintains the electricity network throughout Latvia for a total length of almost 93,000 kilometres.

Additional information:
Jānis Irbe
Group Treasurer
Phone: +371 29 453 897
E-mail: investor.relations@latvenergo.lv

www.latvenergo.lv

About Latvenergo

Latvenergo Group is one of the leading energy suppliers in the Baltics operating in electricity and thermal energy generation and trade, natural gas trade and electricity distribution services. Latvenergo AS has been acknowledged as the most valuable company in Latvia for several times. International credit rating agency Moody's has assigned Latvenergo AS an investment-grade credit rating of Baa2/stable.

Latvenergo Group is comprised of the parent company Latvenergo AS (generation and trade of electricity and thermal energy, trade of natural gas) and subsidiaries - Sadales tīkls AS (electricity distribution), Elektrum Eesti OÜ (trade of electricity and natural gas in Estonia), Elektrum Lietuva UAB (trade of electricity and natural gas in Lithuania), Enerģijas publiskais tirgotājs AS (administration of mandatory electricity procurement process) and Liepājas enerģija SIA (generation and trade of thermal energy in Liepaja, electricity generation). All shares of Latvenergo AS are owned by the state and held by the Ministry of Economics of the Republic of Latvia.