Resolutions by Nordic Lights Group Corporation's Extraordinary General Meeting and the constitutive meeting of the Board of Directors

Nordic Lights Group Corporation         COMPANY RELEASE         May 15, 2023 at 3.00 p.m. EEST

 

Resolutions by Nordic Lights Group Corporation's Extraordinary General Meeting

 

The Extraordinary General Meeting of Nordic Lights Group Corporation was held today on 15 May 2023 at event venue Symposion in Hotel Kämp, Helsinki, Finland. The Extraordinary General Meeting supported all the proposals presented to the meeting.

 

The Extraordinary General Meeting resolved that the monthly remuneration to the members of the Board of Directors elected by the Annual General Meeting of the Company held on 20 April 2023 be paid in proportion to the length of their term and that no remuneration is paid to the members of the Board of Directors to be elected for the term of office commencing at the closing of the Extraordinary General Meeting and ending at the closing of the next Annual General Meeting.

 

The Extraordinary General Meeting resolved that the number of members of the Board of Directors be four (4). Amit Patel, Damian Olesnycky, Kerry A. Vyverberg and Peter Bonavia were elected as members of the Board for a term of office commencing at the close of the Extraordinary General Meeting and ending at the close of the next Annual General Meeting.

 

At its constitutive meeting held after the Extraordinary General Meeting, the Board of Directors elected Damian Olesnycky as the Chair of the Board of Directors.

 

NORDIC LIGHTS GROUP CORPORATION

Board of Directors

 

Further enquiries:

 

Tom Nordström, Chief Executive Officer, Nordic Lights, tom.nordstrom@nordiclights.com,

Tel. +358 400 909005

 

Certified Adviser:

Oaklins Merasco Ltd

Tel. +358 9 612 9670

 

About Nordic Lights

 

Nordic Lights, based in Pietarsaari, Finland, has paved its way as a global premium supplier of high-quality lighting solutions for heavy-duty equipment in several demanding industrial sectors. Nordic Lights’ mission is to enable the safe and efficient use of equipment. With three decades of experience Nordic Lights works with the most demanding manufacturers of machinery from design to production and aftermarket support. Nordic Lights’ revenue in 2022 was EUR 82 million. The company employs around 300 employees globally. Nordic Lights’ share is listed on Nasdaq Helsinki’s First North marketplace. www.nordiclights.com