Change of the Board of Directors of Donkey Republic
Company announcement no. 9-2024
Today, Laurent Mercat is stepping down from the Board of Directors of Donkey Republic effectively, but will continue to work with the company as an external consultant.
“I have served on the Board of Donkey Republic since 2021 with the aim of supporting the Board and management with my product know-how and industry experience. Donkey Republic has matured significantly and become a prominent European player in the industry over the past years. Therefore, I've decided that the timing is right to leave the Board of Donkey Republic as the company is progressing strongly and I’m looking forward to working together in a consulting role for the company” says Laurent Mercat.
CEO of Donkey Republic, Niels Henrik Rasmussen: “Laurent Mercat has made a very valuable contribution to our company development in so many areas and ways, and I am very thankful for his great contribution. In this shift where Laurent Mercat will work as a consultant for Donkey Republic we will continue to be able to work together also exploring potential areas for further development of Donkey Republic”.
Chairperson of the Board, Caroline Søeborg Ahlefeldt says: “It has been a great pleasure to work with Laurent on the Board. Both the Board of Directors and the executive management team will take the opportunity to thank Laurent for his valuable contribution to the company through his in-depth industry knowledge and scale-up experience”.
Additionally to Laurent Mercat stepping down, the current Employee Representative at the Board, Marion Galan Alfonso has chosen to step down from her position as Employee Representative at the Board. Aleksander Lannoy, Senior Mobility Consultant in the Business Development team, will take up the position as Employee Representative effective as of today.
CONTACT INFORMATION
DonkeyRepublic Holding A/S
Skelbækgade 4, trappe B, 4. sal.
1717 København V
www.invest.donkey.bike
Niels Henrik Rasmussen, CEO
investor@donkeyrepublic.com
Certified Adviser
Grant Thornton Denmark,
Direct (+45) 35 27 50 11
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About Donkey Republic
Founded in 2014, Donkey Republic is a Danish purpose driven impact company active in the micro mobility industry. Donkey Republic provides a flexible, affordable and more sustainable way of transportation to the citizens by partnering with the cities.
Donkey Republic is a data driven technology company facilitating bike sharing, and we are able to provide cities and citizens a reliable bike sharing service. Sustainably at its core integrates with the city’s public transportation system, by pursuing innovation Donkey Republic develops end-to-end products and services that solve city and riders problems. Riders are able to enjoy a more convenient and high quality ride, with our bike and ebike fleet, designed for durability and optimal maintenance through our servicing software platform. This collaborative dedicated software solution together with our bikes, seeks to improve people's health & well-being, the environment, reducing traffic congestion across cities as well as public space optimisation.
Donkey Republic is a publicly traded company listed on the NASDAQ First North Growth Market. The company was listed in 2021 to onboard investors and support its growth and expansion into the European Market, and to continue securing its foothold and developing its market position in the European Micro mobility space. With thousands of Donkey bikes successfully implemented, Donkey Republic aims to grow its business and fulfill its vision of making urban city life quality better through responsible bike sharing.