Published: 2020-09-10 07:15:00 CEST
MADARA Cosmetics
Company Announcement

The election of the Chairman of the Supervisory Board and Deputy Chairman of the Supervisory Board of AS “MADARA Cosmetics”

Inside information, 2020-09-10 07:15 CEST -- During the Annual General Meeting of Shareholders on 28 July 2020, the following candidates were elected as the AS “MADARA Cosmetics”  Supervisory Board members for the next 5 (five) years: Edgars Pētersons, Sari Hannele Rosin, Anna Andersone, Anna Ramata-Stunda, Liene Drāzniece.

In the AS “MADARA Cosmetics” Supervisory board meeting on 31 August 2020, Anna Ramata-Stunda was elected as the Chairman of the Supervisory board and Liene Drāzniece was elected as the Deputy Chairman of the Supervisory board of AS “MADARA Cosmetics”.

 

The shares of Madara Cosmetics are admitted to trading on Nasdaq Baltic First North Market.

The Certified Adviser for AS Madara Cosmetics is AS LHV Pank.

MADARA Cosmetics, founded in 2006, is the local pioneer in the field of natural cosmetics. In 2016 and 2017 the company and its managers were ranked among the top-10 Most Admired Business Leaders in Latvia. MADARA develops and manufactures all products exclusively at its own laboratories and facilities to ensure 100% control over processes. Further evidence of its passion for quality and perfection in every detail are the company’s ECOCERT organic certification, GMP (ISO 22716:2007) standard, and in vitro and in vivo research. For more information, visit investors.madaracosmetics.com/.

         Contact information:
         Address: 131 Zeltiņu Street, Mārupe district, Mārupe, LV 2167, Latvia
         Contact person: Uldis Iltners, member of the Management Board
         E-mail: uldis@madaracosmetics.com
         Phone: +371 67 470 243
         
         Certified advisor:
         AS “LHV Pank”
         Contact person: Ivars Bergmanis
         E-mail: ivars.bergmanis@lhv.ee
         Phone: +372 680 2720