Main resonsibilties of the Management Board

Olainfarm’s articles of association stipulate that the Management Board consists of seven members. The Management Board is the executive body of the company. A member of the Management Board is elected by the Supervisory Council for five years. The Management Board shall adopt its decisions by a simple majority vote of the members present.

Main responsibilities of the Management Board of JSC Olainfarm:

– To manage and represent the company;
– To implement the strategic direction, development plans, goals and policies of the company;
– To manage the company’s property and dispose of its funds in accordance with the laws, the articles of association and the decisions of the shareholders’ meeting;
– To be responsible for the company’s business activities, as well as for the compliance of accounting with legislation.

Main resonsibilties of the Management Board