Petter Mattson Hamilton takes over as chairman of I.A.R. Systems Group AB's election committee

Uppsala, Sweden; November 12, 2024—At the nomination committee meeting on November 11, it was decided that Petter Mattsson Hamilton, appointed by Alcur Fonder, as the new largest owner will take over as chairman of the nomination committee in I.A.R. Systems Group AB. Former chairman Jonas Eixman remains a member of the election committee.

The nomination committee's tasks before the 2025 annual general meeting are to submit proposals for the chairman of the general meeting, chairman and other members of the board, as well as remuneration for the assignments. The nomination committee must also submit a proposal for the election and remuneration of an auditor and submit a proposal for a process for appointing a nomination committee before the 2025 annual general meeting.

The selection committee consists of:
Jonas Eixmann, appointed by the Second AP Fund
Lovisa Runge, appointed by the Fourth AP-fonden
Markus Lindqvist, appointed by Aktia
Petter Mattsson Hamilton, appointed by Alcur Fonder, chairman of the election committee

Shareholders who wish to submit proposals to the nomination committee should do so to Ann Zetterberg by January 31, 2025.

For more information, contact:
Ann Zetterberg, CFO, I.A.R. Systems Group AB
Email: ann.zetterberg@iar.com

About IAR
At IAR, we provide world-leading software and services for embedded development, empowering companies globally to bring secure products that shape the future. Since its founding in 1983, our solutions have been instrumental in ensuring quality, security, reliability, and efficiency in the development of over one million embedded applications for a wide range of industries, including Automotive, Industrial Automation, IoT, MedTech, Military, and Public Safety sectors. With support for 15,000 devices from over 70 semiconductor partners, we are dedicated to fostering innovation and enabling our customers' success.

The company is headquartered in Uppsala, Sweden, with a global presence of sales and support offices strategically located across the world. IAR is an I.A.R. Systems Group AB subsidiary, listed on NASDAQ OMX Stockholm, Mid Cap (ticker symbol: IAR B). To learn more, visit us at www.iar.com.