June 22nd 2020

Press release from extraordinary general meeting in Azelio AB (publ) on 22 June 2020

At the extraordinary general meeting in Azelio AB (publ), the shareholders resolved upon the following:

Long-term incentive program
The extraordinary general meeting resolved, in accordance with the proposal of the board of directors, to adopt a long-term incentive programme directed to the CEO and certain members of the executive management in Azelio, in total eight persons. The incentive program comprises the issuance of not more than 2,200,000 warrants.

For further information, contact:
Jonas Eklind, CEO, Azelio
Tel: +46 709 40 35 80
E-mail: jonas.eklind@azelio.com

Fredrik Wäppling, CFO, Azelio
Tel: +46 709 91 12 34
E-mail: fredrik.wäppling@azelio.com

The information was published for public disclosure on June 22nd, 2020 at 15:00 CEST through the agency of the contact person set out above.

Azelio is a Swedish cleantech company. We have developed an ingenious long duration energy storage technology, providing dispatchable electricity and usable heat for all hours of the day – with zero emissions and at a very competitive cost.

www.azelio.com is using green hosting

Contact information

Azelio
Lindholmsplatsen 1
417 56 Gothenburg
Sweden

Phone: +46 532 100 20

Email: info@azelio.com

© Azelio 2022