On 4 October 2024, the Board of Telia Lietuva, AB (hereinafter 'Telia Lietuva” or 'the Company”) elected Board member, Hannu-Matti Mäkinen, as a new member and Chair of the Audit Committee. Previous Chair of the Company's Audit Committee, Agneta Wallmark, has resigned from the Board and the Audit Committee as of 20 September 2024. Agneta's resignation is aligned with her forthcoming retirement and departure from Telia Company AB.

As representative of Telia Company AB that owns 88.15 per cent of Telia Lietuva's shares and votes, Hannu-Matti Mäkinen is member of the Board of Telia Lietuva from April 2018. He is also a member of the Remuneration Committee. At Telia Company Hannu-Matti Mäkinen holds a position of Chief Legal Counsel for Telia Asset Management.