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Neonode Announces Changes to the Composition of Its Board of Directors

1. Neonode announces changes to its Board of Directors. 2. Didier Schreiber appointed as Class I Director; Cecilia Edström resigns. 3. Schreiber's automotive experience aims to bolster Neonode's growth. 4. Chairman highlights the significance of Schreiber's expertise. 5. A focus on technology and innovation characterizes Neonode's future.

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FAQ

Why Bullish?

The appointment of a skilled director with automotive experience may positively affect investor sentiment, reminiscent of similar past cases where new leadership bolstered company value.

How important is it?

The new appointment highlights Neonode's commitment to strategic leadership, which could enhance its market position.

Why Long Term?

Board changes typically influence strategic direction and operational growth over time, rather than immediate price fluctuations.

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, /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) (the "Company" or "Neonode") today announced changes to the composition of its Board of Directors. Didier Schreiber will be appointed to the Board as a Class I Director and Cecilia Edström will, due to other commitments, resign as a Class I Director of the Board of Directors. Didier Schreiber currently serves as Owner and Chief Executive Officer of Rondiné Consulting. He has extensive experience in operations and executive management positions in the automotive industry. Previously, he was the Senior Vice President and a member of the Executive Management Team at ZEEKR Technology EU AB/ CEVT, China Europe Vehicle Technology AB where he held various roles since 2014. Mr. Schreiber holds a PhD in the field of Combustion Technology, with applications on the Ariane rocket engine from Ecole Centrale de Paris - Chalmers University of Technology, Gothenburg. "I am very pleased to be joining the Board of Directors at Neonode. With a team of skilled professionals, a strong focus on technology and innovation, and a portfolio of advanced solutions, Neonode is well-positioned for future profitable growth. I am genuinely excited to contribute to its development and success," said Didier Schreiber. "Mr. Schreiber's extensive experience in the automotive industry will be a significant asset to Neonode during this pivotal phase, and we look forward to a close and productive collaboration," said Ulf Rosberg, Chairman of the Board. "We also want to thank Mrs. Edström for her dedicated and professional work as director from 2022 to 2025." For more information, please contact:Chief Financial OfficerFredrik NihlénE-mail: [email protected]Phone: +46 703 97 21 09President and Chief Executive OfficerPierre Daniel AlexusE-mail: [email protected]Phone: +46 767 60 29 90 This information was brought to you by Cision http://news.cision.com. https://news.cision.com/neonode/r/neonode-announces-changes-to-the-composition-of-its-board-of-directors,c4134197 The following files are available for download: SOURCE Neonode WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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