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EPSO-G Group Audit Committee under the Supervisory Board elected

Vilnius, Lithuania, 2016-09-12 15:33 CEST (GLOBE NEWSWIRE) -- On September 12,
a general shareholders’ meeting of EPSO-G Group elected an Audit Committee
under the Supervisory Board for a four-year term. 

The Audit Committee will be comprised of the members of the EPSO-G Supervisory
Board: an independent member of the Supervisory Board Raimondas Rapkevičius,
deputy general director and finance director of UAB „General Financing“ and a
member of the Supervisory Board Audrius Misevičius, advisor on social issues to
the Prime Minister of the Republic of Lithuania. Gediminas Šiušas, accounting
director of UAB Western Union Processing Lithuania, was elected as an
independent member of the Audit Committee. 

EPSO-G Audit Committee operates as an advisory body of the Supervisory Board in
the areas of internal control and operational risk management. The main
functions of the Audit Committee include supervision of the drafting of
financial statements and of the audit process, the enforcement of the
principles of independence and objectivity of auditors and audit companies, the
supervision of internal control, risk management, and internal audit systems,
and the management of effectiveness of business processes. 


         Vilija Railaitė, Head of Communications
         Phone: +370 613 19977
         e-mail: vilija.railaite@litgrid.eu