Smolteks’s chairman Peter Augustsson will not be available for re-election

This press release is an English version of the previously published Swedish version, which has interpretive precedence.

Smoltek Nanotech Holding AB ("Smoltek") announces that chairman of the board Peter Augustsson, of Smoltek Nanotech Holding AB (publ), has notified the election committee that he is not available for re-election at the 2023 annual general meeting. Peter has been chairman of the board of Smoltek since the company was listed on the stock exchange in 2018.

“After five years as chairman of the board of Smoltek, it is in my opinion time to let a new force take over the chairmanship of this innovative company to take it to the next level”, says Peter Augustsson, chairman of the board of Smoltek.

The nomination committee is now starting the search process with the ambition of presenting its complete proposal for the board, including a new board chairman, in good time before Smoltek's annual general meeting. The 2023 annual general meeting will be held in Gothenburg, on May 11 2023. Peter Augustsson remains chairman of the board until the annual general meeting.

“I would also like to take the opportunity to thank all the competent staff and management, as well as our shareholders in Smoltek, who in various ways have contributed to developing the company and its unique technology, which we have taken from a laboratory environment to apply when commercializing applications for the semiconductors and hydrogen markets. These are two very attractive industrial sectors, that we are now processing in collaboration with international industrial partners, concludes Peter Augustsson.

For further information
Håkan Persson, CEO of Smoltek Nanotech Holding AB,
E-mail: hakan.persson@smoltek.com  
Phone: +46 760 52 00 53
Website: www.smoltek.com/investors   

Smoltek develops process technology and concepts to solve advanced materials engineering problems in several industrial sectors. The company protects its unique carbon nanotechnology through an extensive patent portfolio, consisting of around 100 applied for patents, of which 77 have been granted. Smoltek's share is listed on Spotlight Stock Market under the short name SMOL. Smoltek is a development company and forward-looking statements regarding time to market, production volume and price levels should be interpreted as forecasts and not commitments.