Proposals from the nomination committee to the annual general meeting in IDEX
The full proposal is enclosed/linked to at the very end of this notice.
Mr. Morten Opstad is re-elected as chairman of the board for a period of two years. Mr. Andrew James MacLeod continues as board member for the second year of his term. Ms. Hanne Høvding is re-elected as board member for a period of two years. Ms. Deborah Davis and Mr. Larry Ciaccia are elected as board members for a period of two years.
Nomination committee members
Mr. Harald Voigt is re-elected as chairman of the Nomination Committee for a period of two years. Mr. Rune Sundvall and Mr. Robert Keith are elected as members of the Nomination Committee for a period of two years.
The board remuneration is NOK 225,000 per board member for the period from the date of the 2014 Annual General Meeting until the date of the 2015 Annual General Meeting. The Chairman of the Board receives an additional annual amount of NOK 75,000. Board member Andrew James MacLeod is based in London and applies substantial time on the board position, among other things due to the travel time involved. It is therefore proposed that Mr. MacLeod receives an additional amount of NOK 75,000.
Remuneration to the nomination committee’s members is NOK 25,000 for the Chairman of the committee and NOK 15,000 for each of the other members for the period from the 2014 Annual General Meeting to the 2015 Annual General Meeting.
11 May 2015
Henrik Knudtzon, CFO, +47 9302 2827, hk(at)idexbiometrics.com
IDEX ASA specialises in fingerprint imaging and recognition technology. The company has a strong patent portfolio consisting of 25 patent families including more than 215 granted patents, as well as cross licenses with Apple. IDEX has a highly competitive product road map including swipe sensors, touch sensors with disruptive cost positions, and a unique in-glass solution. The company is currently in the process of commercialising the products.
IDEX’s addressable market represents a multi-billion unit opportunity, centred on three core markets: Mobile, ID & smart cards and the Internet of Things. IDEX has seen a substantial increase in interest from global OEMs in the last quarters, and is positioned as of three independent players with the relevant IP to capture market share.
IDEX ASA (ticker IDEX) is a Norwegian public company listed at the Oslo Børs (Oslo stock exchange). For more information, please visit www.idexbiometrics.com or contact IDEX at email@example.com