Shareholder Representative On The Board (Uab Vilniaus Kogeneracinė Jėgainė – Area Of Finance Management)

Ignitis Group is a renewables-focused integrated utility with a diverse team of 4,600+ energy smart people united by a common purpose to create a 100% green and secure energy ecosystem for current and future generations.  

Ignitis Group is active in the Baltic states, Poland and Finland. We are leveraging our integrated business model to maximise potential. We set our focus on onshore and offshore wind, batteries, pumped-storage hydro and power-to-X technologies, to deliver 4–5 GW of installed green generation and green flexibility capacity by 2030, thus strengthening our contribution to Europe's decarbonisation and energy security in the region. 

http://www.ignitisgrupe.lt 

UAB Vilniaus kogeneracinė jėgainė (Vilnius Combined Heat and Power Plant, hereinafter – Vilnius CHP), a company of Ignitis Group, is a renewables-focused integrated utility. Our purpose is to create a 100% green and secure energy ecosystem for current and future generations.   

Vilnius CHP, the largest and most modern cogeneration plant in the capital, is designed to generate energy and heat using both biofuels and non-recyclable municipal waste. The plant is able to supply up to 40% of households with heat, and around 320,000 households with electricity.  

www.vkj.lt 

Ignitis Group is a renewables-focused integrated utility with a diverse team of 4,600+ energy smart people united by a common purpose to create a 100% green and secure energy ecosystem for current and future generations.  

Ignitis Group is active in the Baltic states, Poland and Finland. We are leveraging our integrated business model to maximise potential. We set our focus on onshore and offshore wind, batteries, pumped-storage hydro and power-to-X technologies, to deliver 4–5 GW of installed green generation and green flexibility capacity by 2030, thus strengthening our contribution to Europe's decarbonisation and energy security in the region. 

http://www.ignitisgrupe.lt 

UAB Vilniaus kogeneracinė jėgainė (Vilnius Combined Heat and Power Plant, hereinafter – Vilnius CHP), a company of Ignitis Group, is a renewables-focused integrated utility. Our purpose is to create a 100% green and secure energy ecosystem for current and future generations.   

Vilnius CHP, the largest and most modern cogeneration plant in the capital, is designed to generate energy and heat using both biofuels and non-recyclable municipal waste. The plant is able to supply up to 40% of households with heat, and around 320,000 households with electricity.  

www.vkj.lt 

AB “Ignitis grupė”, which exercises the rights and obligations of the shareholder, hereby announces a selection process for the position of Shareholder Representative on the Board of UAB Vilniaus kogeneracinė jėgainė, legal entity code: 303782367, registered office address: Laisvės pr. 10, Vilnius (hereinafter – the Company), in the area of finance management, for the term of office until the end of the current term of the Board, i.e. until 19 October 2027. 

The Company’s Board comprises 3 (three) members: 1 (one) independent member and 2 (two) representatives delegated by the shareholder(s) of Vilnius CHP. 

During the term of the agreement on the activities of a member of the Board, a member of the Board shall be covered by civil liability insurance for bodies of legal entities. In accordance with the Remuneration Policy of AB “Ignitis grupė” group of companies, no remuneration is paid to shareholder representatives for their activities on the Company’s Board. The Remuneration Policy of AB “Ignitis grupė” group of companies is available here. 

Selection method – the selection shall be conducted in accordance with the Guidelines on Procedures for Selecting Civil Servants and Other Nominees who are Proposed for Voting in the Election of Collegial Body of a Company controlled by  AB “Ignitis grupė”, as approved by the Management Board of AB “Ignitis grupė” (hereinafter – the Selection Guidelines), and paragraph 4 of the Procedure for the Selection of Candidates for a Collegial Supervisory or Management Body of a State or Municipal Enterprise, State-Owned or Municipally-Owned Company or its Subsidiary, as approved by Resolution No. 631 of the Government of the Republic of Lithuania of 17 June 2015 (hereinafter – the Description). The Selection Guidelines are available here. 

We inform candidates that, during the selection process, their personal data will be handled according to the Personal Data Management of Ignitis Group, which can be found here. 

Candidates must meet the general and special requirements as well as other criteria set out in the Law on the Management, Use and Disposal of State and Municipal Assets of the Republic of Lithuania, the Law on Companies of the Republic of Lithuania, and the Articles of Association of the Company, where applicable to candidates for the position of a member of the Company’s Board. 

Requirements for Candidates 

General requirements 

• The candidate must have a higher (university) or equivalent education. 
• The candidate must be free from any relationships with other natural or legal persons that would give rise to a conflict of interest in the performance of his/her duties as a member of a collegial body. 
• The candidate must not be disqualified or restricted from holding the position he/she is applying for or from performing the functions assigned to that position. 
• The candidate must not have been removed from a single-member or a collegial body of a legal person within the last 5 years due to improper performance of duties. 
• The candidate must have an impeccable reputation. A person shall not be considered to be of impeccable reputation if he/she has been convicted, in accordance with the procedure laid down by law, of a serious or very serious criminal offence, a criminal offence against property, property rights and property interests, the economy and business order, the financial system, the civil service and public interests, justice, public security or government order and his/her criminal record is unspent or has not been expunged. 
• The candidate may not be a career civil servant in a ministry, a government agency or a body attached to a ministry who is entrusted with the functions of forming public policies in the sector of the company for whose collegial body he/she is applying. 
• The candidate may not be elected or appointed as a politician in accordance with the procedure laid down by law and may not be a civil servant of a political (personal) trust. 
• If the candidate is a civil servant, he/she may not be a member of more than 2 collegial bodies in total in state-owned and municipally-owned companies. 

Special requirements 

• The candidate must be an employee of AB “Ignitis grupė” group of companies or an employee/delegated representative of Quaero Capital SA. 
• At least 5 years of managerial experience within a company or a group of companies (e.g. as a company CEO, or as a senior executive directly reporting to the CEO).  
• Experience in financial management (e.g., financial management of large companies, including cash flow management and budget control; evaluation and financing of investment projects; consulting; financial services; audit; international accounting and/or preparation of financial statements, etc.).  
• Work experience in the evaluation and financing of investment projects.  
• Experience in shaping, planning, implementing, and overseeing approved shareholder strategies and strategic plans, including their delegation to group companies or complex organisational structures, and ongoing execution monitoring. 
• Excellent English language skills, both written and spoken.  

Advantages 

• Knowledge and skills in corporate governance (relevant education and/or experience).  
• Experience serving as a member of a collegial body. 
• Experience in infrastructure companies/projects.  

Independence requirements 

• The candidate must not be a close relative (a spouse, cohabiting partner, partner, where partnership is registered in accordance with the procedure established by law, as well as their father (adoptive father), mother (adoptive mother), child (adopted child), brother (adoptive brother), sister (adoptive sister), grandfather (grandmother), grandchild, including their spouses, cohabiting partners or partners) of the CEO or a member of a collegial body of the company for whose collegial body he/she is applying, its subsidiary or parent company or a shareholder of a related legal person that owns shares carrying more than 1/5 of the votes at a General Meeting of Shareholders. 
• The candidate must not have been, within the last 2 years, a partner, participant, CEO, member of a collegial body or employee of an audit firm which carries out or has carried out an audit of the company for whose collegial body he/she is applying, its subsidiary or parent company, or a related legal person. 

Candidates must submit the following documents: 

• Candidate`s application for participation in the selection and declaration of good faith. 
• Candidate’s curriculum vitae (CV). 

At the request of the Company’s representatives, candidates may be requested to provide additional documents to verify their compliance with the above-mentioned special and general requirements. 

By submitting the documents, candidates confirm that they meet the general and special selection requirements as well as other criteria set out in applicable legal acts and the Articles of Association and that they are familiar with the legal obligations arising in the event of being selected and appointed as a member of the collegial body and that, if elected to the collegial body, they undertake to devote sufficient time and attention to the performance of the duties of a member, including participation  in the scheduled meetings of the collegial body and related activities. 

Deadline for the submission of documents: 15 April 2026 (inclusive). 

Candidates may submit their documents to the Company by clicking the “Apply” button available in this announcement and attaching the documents. 

Candidates may be requested to submit original documents if selected as the successful candidate. 

Opportunity to contribute to the energy transition, helping to create a 100% green and secure energy ecosystem for current and future generations.

Contact persons 

• Contact person at Ignitis Group: Senior Talent Acquisition Partner, Eglė Valančiūtė, Phone No: +37066520653, [email protected] 
• Contact person at Ignitis Group (in the absence of Eglė Valančiūtė): Talent Acquisition Project Coordinator, Justina Saldukė, Phone No: +37060889009, [email protected] 

Additional information 

• Governance Coordination Centre’s information about the selection of members of the collegial bodies.
• Company’s website. 
• Ignitis Group’s strategy, goals etc. 
• Draft Agreement on the Activities of a Member of the Board. 
• The draft terms and conditions of the agreement on Protection of Confidential Information. 
• Letter of Expectations of the shareholder.
• Candidate’s application for participation in the selection and declaration of good faith. 
• Competency profile of the Board of UAB Vilniaus kogeneracinė jėgainė. 

Join a growing and increasingly international team of energy smart people united by a common purpose. We all play our part in creating a 100% green and secure energy ecosystem for current and future generations.

And the way to achieve this is certainly not to wait for the perfect moment. We believe that the power to act comes from the charge we bring to our work every day. United by purpose. Owning the challenge. Passion for reinvention. Pursuing excellence. These are our mindsets. Together, they yield the energy that drives everything we do. The energy generated by our choices. If you are guided by the same mindsets – we look forward to welcoming you to our team!

As we pursue our strategic goals to increase gender balance in Ignitis Group, we are indicating “f/m/d” next to job titles, meaning we welcome candidates of all genders – female, male or diverse.

Ignitis Group ensures equal opportunities. We welcome all applicants and do not discriminate against race, religion, gender, sexual orientation or gender identity, age, disability or other personal traits unrelated to work obligations.