Baltic Classifieds Group PLC announced the appointment of Ruta Armone as an Independent Non-executive Director of the Company and as a member of Audit, Nomination and Remuneration Committees with effect from 11 June 2024. Ruta is experienced in corporate, M&A, and securities law and is a partner and co-chair of the Corporate and M&A practice at Ellex Valiunas law firm. Ruta actively participates in working groups and associations aimed at enhancing the legal and tax environment to support high-growth tech companies.

She holds an LLM from the Institute for Law and Finance (Goethe University Frankfurt) and an International EMBA from the Baltic Management Institute. Following Ruta's appointment, the Board comprises four Independent Non-Executive Directors, one Non-Executive Director (from Apax), three Executive Directors and a Non-Executive Chair.