At the extraordinary Shareholders’ Meeting of Sadales tīkls AS held on 9 June 2026, Edijs Šaicāns was elected as a member of the Supervisory Board of Sadales tīkls AS. He will serve for a five-year term commencing on 9 June 2026. Thus, the Supervisory Board of Sadales tīkls AS continues its work in a four-member composition: Viktorija Meikšāne (independent member of the Supervisory Board), Inese Zīle (independent member of the Supervisory Board), Edijs Šaicāns (dependent member of the Supervisory Board) and Kristaps Ločmelis (Chairman of the Supervisory Board and a dependent member of the Supervisory Board).

Edijs Šaicāns, as a dependent member of the Supervisory Board with expertise in the energy sector, was selected through an open competition. The selection and assessment of this Supervisory Board member was carried out by the nomination committee in cooperation with a professional partner: Talentor Latvia SIA.

Edijs Šaicāns has extensive experience in the development of energy markets and policy-making and has worked at the Ministry of Economics and in the private sector. Currently, Edijs Šaicāns is the Deputy State Secretary for External Economic Relations at the Ministry of Economics, the Chairman of the Advisory Council of the Public Utilities Commission, and the Deputy Chairman of the Supervisory Board of Sadales tīkls AS.

Sadales tīkls AS is the largest electricity distribution system operator in Latvia, operating independently and ensuring the supply of electricity to more than one million customer sites. Its services cover 99% of the country’s territory, and it maintains an electricity network throughout Latvia with a total length of approximately 92,000 kilometers. Latvenergo AS is the sole shareholder of Sadales tīkls AS.

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, development of solar and wind parks in Estonia), Elektrum Lietuva UAB (trade of electricity and natural gas, development of solar and wind parks in Lithuania), Elektrum Next SIA (development of solar and wind parks), Laflora Energy SIA (development of wind park), DSE Aizpute Solar SIA (development of solar park), Latvijas vēja parki SIA (development of wind parks), Telšiu vejo parkas, UAB (development of wind park in Lithiania), Enerģijas publiskais tirgotājs AS (administration of mandatory electricity procurement process) and Liepājas enerģija SIA (generation and trade of thermal energy, electricity generation). All shares of Latvenergo AS are owned by the state and held by the Ministry of Economics of the Republic of Latvia.