Information regarding the Extension of Power of Attorneys in Zound Industries International AB
As communicated on 26th of February 2019, the Board of Directors of Zound Industries International AB (the "Company" or “Zound Industries”) has initiated an exit process of Zound Industries. The exit process is supported by shareholders jointly holding a majority of the shares including, among others, Zenith Venture Capital, Varenne, Telia Company and TIME Investors SAS (the "Principal Owners").On 18[th] of April 2019 it was communicated that the Principal Owners, by way of Power of Attorney, had obtained support for the process from Shareholders which, together with Marshall Amplification,