The European Central Bank on 30 July 2021 informed AB Siauliu Bankas (hereinafter - the Bank) that it had issued a permit to Algimantas Gaulia to hold the position of a member of the Management Board of the Bank. Algimantas Gaulia was elected by the Bank's Supervisory Council to the Bank's Management Board on 6 May 2021, and, as noted in the decision, he will only take up his duties as a member of the Management Board with the permission of the supervisory authority. Algimantas Gaulia is considered to be a member of the Management Board of the Bank from 30 July 2021.