Nepa

Determination of the number of board members and election of new board member
The EGM resolved, in accordance with the shareholder Elementa Management AB’s proposal, that the board of directors shall consist of six (6) board members, without deputies.

The EGM further resolved, in accordance with the shareholder Elementa Management AB’s proposal, to elect Ludvig Blomqvist as a new board member. The board of directors of the company will thus consist of Ulrich Boyer, Dan Foreman, Eric Gustavsson, Fredrik Lundqvist, Ashkan Senobari and Ludvig Blomqvist, with Dan Foreman as the chairperson of the board of directors, for the time until the end of the next annual general meeting.

Ludvig is a Swedish business lawyer focused on M&A, finance and financial regulation. He has previously served on the board of several companies including companies authorised by and under the supervision of the Swedish Financial Supervisory Authority (FI). Ludvig has previous experience as a partner and attorney at law at large multinational law firms working with private and public M&A and financial transactions as an advisor to financial institutions, PE sponsors and venture capital investors. Ludvig holds an LL.M. from Stockholm University and a M.Sc. in Industrial Management from KTH. Ludvig is independent both in relation to the company and in relation to major shareholders.