Withdrawal of the request for an extraordinary shareholders' meeting – Per-Arne Blomquist appointed new Chairman of the Board at Thule

Thule’s Board of Directors has been constituted, and Vice Chairman Per-Arne Blomqvist has been appointed as the new Chairman of the Board until the next annual general meeting, in accordance with the request from the largest shareholders.

“As long-term owners, we support the remaining Board and the new Chairman. We believe that, together with the CEO and Group management, they are best positioned to further develop the company and strengthen value creation for shareholders over time. Per-Arne Blomquist’s broad experience from senior management positions and board assignments, combined with his deep knowledge of the sector, makes him well-suited to lead the Board’s work moving forward,” says Patricia Hedelius, representative of AMF Pension & Fonder and Chair of Thule’s nomination committee.

“I would like to thank the three largest shareholders for their confidence in appointing me Chairman of Thule, a well-managed company with strong prospects for the future. At the same time, on behalf of the Board, I would like to thank Hans Eckerström for his twenty years on the Board and his significant contribution to Thule’s transformation from a supplier to the automotive industry into a global consumer company with a clear outdoor profile. The Board is fully united in its support of the company’s strategic direction and has full confidence in the CEO and the Group management team. Together, we will continue to drive Thule’s development and create long-term value for our shareholders,” says Per-Arne Blomquist, Chairman of the Board at Thule.