Etrion Announces Results of Annual General Meeting

June 12, 2015, Geneva, Switzerland – Etrion Corporation (“Etrion” or the “Company”) (TSX: ETX/OMX: ETX), a solar independent power producer, held its 2015 Annual General Meeting of Shareholders in Toronto yesterday, and the nominees listed in the management information circular were elected as directors of the Company. Detailed results of the vote for the election of directors are set out below:

Nominee Votes For % For Votes Withheld % Withheld
Ian H. Lundin 141,198,318  99.95% 75,956 0.05%
Marco A. Northland 89,613,899  63.43% 51,660,375 36.57%
C. Ashley Heppenstall 89,619,757  63.44% 51,654,517 36.56%
Aksel Azrac 141,085,850  99.87% 188,424 0.13%
Garrett Soden 89,648,497  63.46% 51,625,777 36.54%
Tom Dinwoodie 141,042,698  99.84% 231,576 0.16%

About Etrion

Etrion Corporation is an independent power producer that develops, builds, owns and operates utility-scale solar power generation plants. The Company owns 130 MW of installed solar capacity in Italy and Chile. Etrion has 34 MW of solar projects under construction in Japan and is also actively developing greenfield solar power projects in Japan and Chile. The Company is listed on the Toronto Stock Exchange in Canada and the NASDAQ OMX Stockholm exchange in Sweden under ticker symbol “ETX”. Etrion’s largest shareholder is the Lundin family, which owns approximately 24% of the Company’s shares directly and through various trusts.

For additional information, please visit the Company’s website at www.etrion.com or contact:

Pamela Chouamier – Investor Relations

Telephone: +41 (22) 715 20 90

 

Note: The capacity of power plants in this release is described in approximate megawatts on a direct current (“DC”) basis, also referred to as megawatt-peak (“MWp”).

Etrion discloses the information provided herein pursuant to the Swedish Securities Market Act. The information was submitted for publication at 08:05am Central European Summer Time (CEST) on June 12, 2015.

About Us

Etrion Corporation develops, builds, owns and operates solar power plants. Etrion currently owns 47 megawatts (MW) of operational, ground-based solar photovoltaic (PV) power plants in Italy. The Company is listed on the Toronto Stock Exchange and the NASDAQ OMX Stockholm exchange (ticker symbol “ETX”). Etrion’s largest shareholder is the Lundin family, which owns approximately 25% of the Company’s shares through various trusts.

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