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Ensurge Micropower – Proposal to elect Terje Rogne as new Chair of the Board

Oslo, Norway - 27 April 2023 - Ensurge Micropower ASA announces that Terje Rogne is proposed to be elected as the new Chair of the Board of Directors at the Annual General Meeting on 24 May 2023.

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Rhea-AI Summary

Oslo, Norway - 27 April 2023 - Ensurge Micropower ASA announces that Terje Rogne is proposed to be elected as the new Chair of the Board of Directors at the Annual General Meeting on 24 May 2023. Rogne will succeed Morten Opstad, who will continue as a board member. The Nomination Committee believes Rogne's extensive experience in multinational enterprises will significantly contribute to scaling the company’s operations towards profitability. The committee also expressed gratitude to Opstad for his years of service. Ensurge is known for its ultrathin, flexible energy storage solutions and innovative solid-state lithium battery technology aimed at various applications.

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Positive

  • Appointment of Terje Rogne as the new Chair of the Board may enhance strategic direction.
  • Rogne's experience in multinational enterprises is expected to aid in scaling operations and achieving profitability.

Negative

  • None.
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Oslo, Norway - 27 April 2023 - The Nominations Committee in Ensurge Micropower ASA (the “Company”) is pleased to announce that it will propose to the Company´s Annual General Meeting on 24 May 2023 that Terje Rogne is elected as the Company's next Chair of the Board of Directors. 

Terje Rogne would replace Morten Opstad, who, under the proposal, would remain a member of the Board. 

Terje Rogne has extensive experience from both board (including as chair) and executive positions in various multinational enterprises, and the Nomination Committee believes that he would be a strong contributor to the scaling of the Company’s operations going forward and reaching a profitable operation.

The Nomination Committee will at the same time express its gratitude to Morten Opstad for his many years of service to the Company as Chair of the Board of Directors.

Contact

Ståle Bjørnstad - Investor Relations
E-mail: stale.bjornstad@ensurge.com (mailto:stale.bjornstad@ensurge.com)
Phone: +47 99 16 76 72

About Ensurge Micropower

Ensurge is Energizing Innovation (TM) with ultrathin, flexible, and safe energy storage solutions for wearable devices, connected sensors, and beyond. Ensurge's innovative solid-state lithium battery (SSLB) technology is uniquely positioned to enable the production of powerful, lightweight, and cost-effective rechargeable batteries for diverse applications. The company's state-of-the-art flexible electronics manufacturing facility, located in the heart of Silicon Valley, combines patented process technology and materials innovation with the scale of roll-to-roll production methods to bring the advantages of SSLB technology to established and expanding markets. Ensurge Micropower ASA ("Ensurge") is a publicly listed company in Norway with corporate headquarters in Oslo and global headquarters in San Jose, California.


This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who is proposed to be the new Chair of Ensurge Micropower ASA?

Terje Rogne is proposed to be the new Chair of the Board of Directors.

When is the Annual General Meeting for Ensurge Micropower ASA?

The Annual General Meeting is scheduled for 24 May 2023.

What is Terje Rogne's professional background?

Terje Rogne has extensive experience from board and executive positions in multinational enterprises.

What role will Morten Opstad have after Terje Rogne's appointment?

Morten Opstad will remain a member of the Board.

What is the business focus of Ensurge Micropower ASA?

Ensurge Micropower specializes in ultrathin, flexible energy storage solutions and solid-state lithium battery technology.

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