Finance

Mariam Megvinetukhutsesiwill replace Hanna Loikkanen

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Tbilisi (GBC) - Lion Finance Group PLC (the "Company" or the "Group") announces that, Mariam Megvinetukhutsesi, an independent Non-Executive Director of the Board of Directors of the Company will replace Hanna Loikkanen.

According to the announcement made on 7 April 2025, Hanna Loikkanen will not stand for re-election at the Company's 2025 Annual General Meeting ("AGM"), in accordance with the Company's succession planning procedures and the UK Corporate Governance Code 2024, Mariam Megvinetukhutsesi, an independent Non-Executive Director of the Board of Directors of the Company, will succeed Hanna Loikkanen as the designated Non-Executive Director for workforce engagement, with effect from the conclusion of the Company's 2025 AGM.

Loikkanen will also step down from the Board of Directors, as well as from the position of Senior Independent Non-Executive Director and the positions of membership of the Audit, Remuneration and Nomination Committees, immediately following the conclusion of the 2025 AGM.

"On behalf of the Board, I would like to thank Hanna for her considerable commitment and substantial contribution to the Board and the Group over the years, particularly in her role as Senior Independent Non-Executive Director. She leaves with our gratitude and I wish Hanna the best in her future endeavours”, - Mel Carvill, Lion Finance Group PLC's Chair, commented.

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Remittances are up by 15 MLN Y-O-Y, After A Drop Of 100 MLN

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