Proposal for new Board members ahead of the Annual General Meeting on 24 April 2024
COMPANY ANNOUNCEMENT NO. 99
As stated in the notice convening the Annual General Meeting on 24 April 2024, cf. Company Announcement no. 97 of 2 April 2024, the Board of Director’s hereby proposes new candidates for election to the Board of Directors.
Board member Martin Kjær Hansen and Jeppe Tanggaard Jacobsen have decided to step down due to new job commitments.
Michael Brag, chairman of the board, thanks Martin Kjær Hansen and Jeppe Tanggaard Jacobsen for their contributions to LED iBond International A/S as board members since 2021 and 2022 respectively and says: “both Martin and Jeppe has provided considerable contributions to the commercial and structural development of LED iBond over the last years, and I wish them all the best going forward on their paths.”.
Further, Michael Brag adds: “We have conducted a search for new board members with extensive sales, industrial, technological, and international experience as well as network and knowledge within our verticals. With the three suggested new candidates I feel confident of the supportive and accumulated competences at board level to support the development of LED iBond.
We had originally proposed to elect 3 members to the board, but we have added one member to further ensure all the right competencies across functions are present to execute on the expansion and internationalisation strategy.”
Presentation of proposals for new board members:
Christel Kniep
On the board Christel Kniep contributes with knowledge of international sales- and marketing-strategic planning, sales excellence, market- and channel development. Christel has a background as CCO and CEO in both Danish and German companies. Christel has experience from scaling up SMEs with core businesses in trading as well as manufacturing. Christel Kniep holds a Master's degree in Economics and International Business Administration, Diploma in Marketing and a Top Governance in Strategic Management.
Henrik Mørch
Henrik Mørch has many years of experience in various roles in the transportation and logistics industry, including as General Manager at Blue Water Shipping and CEO of DSV Solutions. Alongside various positions of trust, such as chairman of the board for Elwis Royal and Nilotech, he works as COO for Combineering. Combineering is a green tech development company that promotes the circular economy. He will contribute with experience in supply chain and production, as well as strategy, management, and sales.
Michael Winther
Michael Winther comes with extensive and important insight and experience from the Horticulture industry and has more than twenty years of experience in various leadership positions as both CEO and CCO and is currently serving as the CEO of a Danish manufacturing company. Michael's experience spans across different types of companies, including high-tech firms and more industrialised manufacturing businesses. In various contexts, Michael has been responsible for mergers and acquisitions between companies and has also led several turnaround initiatives. Michael has pursued two educational paths, one in low-voltage engineering and the other in higher commercial education.
Further Information
Michael Brag, Chairman
Mobile: +45 25 10 12 00
Email: mbr@ledibond.com
Company contact
LED iBond International A/S
Agern Allé 5A
2970 Hørsholm
Denmark
CVR 36041609
+45 7070 7855
info@ledibond.com
www.ledibond.com
Certified adviser
Västra Hamnen Corporate Finance
Stortorget 13A
211 22 Malmö
Sweden
Telephone: +46 40 200 250
Email: ca@vhcorp.se
About LED iBond International A/S
Founded in 2014, LED iBond International offers innovative lighting solutions, based on years of development and deep knowledge of modern LED technology combined with advanced packaging and assembly technology. Our patented technology platform includes a very thin formfactor of only 6 mm for the light panels, offering a unique value proposition based on high design flexibility, robustness, IoT integration, and low total costs of ownership due to market leading energy efficiency and superior cooling properties. The technology platform also reduces the installation cost due to a modular design with a limited need for traditional electrical wiring.
LED iBond’s technology has been installed in many projects, ranging from intelligent shelf lighting to numerous large scale illumination projects such as various parking facilities and as the indoor installation of 3.2 kilometres of TRACY®, the company’s innovative flagship product, at the Technical University of Denmark. LED iBond’s has also developed software-based advanced light management systems for control of lighting solutions.
LED iBond is focusing on three key business lines: Smart Building (Industry & Home), Indoor and Vertical Farming, and UV Disinfection, all projected to show significant growth in the years to come. For Indoor and Vertical Farming segments, LED iBond’s roadmap includes lighting solutions which incorporate advanced IT management with monitoring using sensors, cameras, and plant analysis.
Manufacturing takes place in Denmark in LED iBond’s own production facility with highly automated assembly lines.
LED iBond International A/S is admitted to trading on Nasdaq First North Growth Market Denmark (ticker: LEDIBOND).