Phase Holographic

"It has been a privilege to be part of Phase Holographic Imaging's journey. The decision to resign was not easy, but I believe it is time for me to retire and focus on personal pursuits. I have full confidence in the Board and Management and look forward to following PHI's continued success as a shareholder", comments Leland Foster, resigning member of the board.

Leland Foster, elected board member in 2012, has been a pivotal figure on PHI’s board, providing invaluable guidance and insight drawn from his extensive experience in the industry. His contributions have been instrumental in steering the company towards innovation and growth.

"We are deeply grateful for Leland's years of dedicated service. His wisdom and leadership have significantly contributed to our strategic direction and success. While we will miss his presence on the board, we fully support his decision to retire and wish him the very best in his future endeavors", comments Goran Dubravčić, Chairman of the Board.

The resignation is effective today and does not affect the quorum of the Board of Directors as PHI continues to have a quorum in accordance with the Articles of Association. The Board of Directors will propose John Moore as a new member of the Board of Directors and notice of the Extraordinary General Meeting for election will be published in a separate press release.