June 18th 2021

Press release from the extraordinary general meeting in Azelio AB (publ) on 18 June 2021

At the extraordinary general meeting in Azelio AB (publ) the shareholders resolved upon a long-term incentive program for the board of directors

The extraordinary general meeting resolved, in accordance with the proposal of the principal shareholder, to adopt a long-term incentive program to all members of the board of directors in Azelio, save for Kent Janér, in total a maximum of seven persons. The incentive program comprises the issuance of not more than 340,000 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.wappling@azelio.com

The information was published for public disclosure on 18 June 2021 at 13:30 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