When the Bank of Lithuania on 14 July 2016 issued a closed-end investment company (CEF) licence to INVL Technology AB, the mandates of the board and the chief executive of INVL Technology were transferred and, as of that same date, are performed by the asset management company INVL Asset Management.

Under INVL Technology’s Articles of Association, INVL Asset Management, which has assumed the management of the company, forms investment committee and supervisory board which also participate in the company’s management in keeping with the mandates they are given.