KN Energies’ mission is to ensure safe, reliable and efficient access to the global energy market by sustainably developing, operating and investing in multifunctional liquefied natural gas terminals worldwide. Our goal is to support our clients in the transition to cleaner energy while maintaining their competitiveness.
The purpose of the corporate governance system is to support value creation and accountable management, contributing to the long-term success of KN Energies.
The Articles of Association of KN Energies are the primary document governing the Company’s operations. They define the legal form, objectives, governance structure, shareholder rights and the procedures for adopting key decisions. The Articles describe how the Company operates, the principles guiding decision-making and the powers of shareholders and governing bodies.
Corporate Governance Policy of KN Energies lays out the primary approaches, requirements, and principles of corporate governance, as well as respective commitments of KN Energies and all directly or indirectly de jure controlled companies of KN Energies, subject to the applicable regulations and practices of the relevant jurisdiction of incorporation and to the extent required not to impede efficient governance.
This Policy serves as a flexible framework within which the collegial (corporate) bodies and the Chief Executive Officer of KN Energies aim to ensure efficient governance, sustainable corporate growth, and value creation over the mid to long-term of KN Energies and KN Energies Group.
On August 2025, the Ministry of Energy of the Republic of Lithuania, which owns 72,47 percent of shares of AB KN Energies, has issued a Letter of Expectations outlining strategic directions and performance goals for the Company and its subsidiaries. This document serves as a guiding framework for short, medium, and long-term planning and is aligned with national energy policy and corporate governance standards.
The Company’s Board approved Risk Management Policy that regulates risk management, defines risk management principles and responsibilities, functions and responsibilities of the Chief Risk Officer as well as sets risk appetite and tolerance limits. The risk management system is developed in accordance with the ISO 31000 guidelines. The list of principal risks and the risk management plan are provided to and approved by the Company’s Board each quarter. For more information on the main risk factors and risk management, please refer to the management reports of KN Energies, which are submitted with the annual operational and financial reports.
This policy defines KN Energies’ commitments within the quality, environmental, and occupational health and safety management system, aimed at meeting the expectations of all stakeholders and ensuring continuous improvement of the Company’s operations.
The Stakeholder Policy sets out the principles and guidelines for developing KN Energies’ relations with stakeholders, ensuring the ability to identify key topics relevant to stakeholders as the Company grows its business sustainably.
