SHAREHOLDERS

Levina Investments S.à r.l., a Luxembourg private limited liability company with Business Identity Code B189856, which owns 73 percent of shares in Storent. Levina Investments S.à r.l. is wholly owned subsidiary of Darby Converging Europe Fund III (SCS) SICAR registered in Luxemburg;

Supremo SIA, a Latvia limited liability company with Business Identity Code 40003870242, which owns 13.5 per cent of shares in Storent. All shares in Supremo SIA are owned by a private individual Andris Pavlovs;

Bomaria, a Latvia limited liability company with Business Identity Code 40103949780, which owns 13.5 per cent of shares in Storent. All shares in Bomaria SIA are owned by a private individual Andris Bisnieks.

MANAGEMENT BOARD

Andris Bisnieks, member of the management board. Mr. Bisnieks has more than 20 of experience in the rental business. Mr. Bisnieks has been a member of the management board of SIA “Ramiteh” between 1996 and 1998 and between 2003 and 2008. Mr. Bisnieks has been the managing director of SIA “Ramirent” between 1999 and 2003 and a member of the management board of SIA “Ramirent” between 2003 and 2008. Since 2008 Mr Bisnieks is the chairman of the management board of SIA “Storent”. At the date of this Listing Prospectus Mr. Bisnieks is also serves at the management board at Storent OÜ (Estonia) Storent Oy (Finland) Leinolift Oy (Finland), Storent AB (Sweden) and Storent AS (Norway). Mr. Bisnieks holds a master’s degree in civil engineering from Latvia University of Agriculture.

Andris Pavlovs, member of the management board. Mr. Pavlovs has more than 20 years of experience in audit and accounting, including 17 years of experience in the rental business. Mr. Pavlovs has been the chief financial officer of SIA “Ramiteh” between 2003 and 2008. Since 2008 Mr. Pavlovs is a member of the management board of SIA “Storent”. At the date of this Listing Prospectus Mr. Pavlovs is also serves at the management board at Storent OÜ (Estonia), Storent Oy (Finland), Leinolift Oy (Finland), Storent AB (Sweden) and Storent AS (Norway). Mr. Pavlovs holds an MBA degree (with distinction) from Riga Business School.

SUPERVISORY BOARD

Nicholas John Kabcenell, chairman of supervisory board. Mr. Kabcenell as of 2005 is also a Managing Director at Darby Private Equity, currently responsible for Darby's two credit funds in Central Europe and Turkey. Mr. Kabcenell has spent the better part of twenty five years executing transactions and investing in the Central Europe region. He joined Dresdner Kleinwort Capital's (DrKC) (later Allianz private equity) Central European team in June 2002 and remained there in various capacities until joining Darby. At DrKC, he was brought in to help restructure a CEE private equity fund (a job he completed in 2007 while at Darby). Immediately prior to joining DrKC, Mr. Kabcenell was Head of Strategy and M&A at Carrier 1 International (a publicly traded alternative telecommunications operator in Western Europe). From 1994 to 1999, he worked for Creditanstalt/ Bank Austria in Budapest and New York, including acting as CEO of Creditanstalt's investment banking and brokerage subsidiary in the United States. Mr. Kabcenell began his career at Debevoise & Plimpton (a law firm) in New York City. A native of New York City, Mr. Kabcenell holds a J.D. from Columbia University School of Law (three time Stone Scholar) and a B.A. in Political Science (High Honor and High Distinction) from the University of Michigan, Ann Arbor.

Burak Dalgin, deputy chairman of supervisory board. Mr. Dalgin is Managing Director at Darby Private Equity, the emerging market principal investing arm of Franklin Templeton Investments. Prior to joining Darby in 2008, Burak Dalgin worked at McKinsey’s New York and Boston offices. Before that, he worked on Koc Holding’s early stage investments and internet initiatives. Burak Dalgin holds an MBA from Harvard Business School and a BS in Mechanical Engineering from Bogazici University in Istanbul, Turkey.

Baiba Onkele, member of the supervisory board. Ms. Onkele has more than 20 years of experience in accounting and finance, including 14 years of experience in the rental business. Ms. Onkele has been an accountant of SIA “Omnilat” between 1998 and 2002 and chief accountant of SIA “Ramiteh” between 2002 and 2008. Since 2008 Ms. Onkele is the chief financial officer of SIA “Storent” and since 2014 – the chief financial officer of Storent. Ms. Onkele holds a bachelor’s degree in business management and a degree in accounting from University of Latvia.

AUDIT COMMITTEE

Nicholas John Kabcenell, chairman of audit committee

Burak Dalgin, member of the audit committee

Baiba Onkele, member of the audit committee

ARTICLES OF ASSOCIATION

PDF
Articles of Association
AoA Storent Investments AS 14.06.2017.pdf
4.64 MB