Board members Magnus Tornling and Ram Trichur have informed the board of directors of AutoStore Holdings Ltd. ("Autostore" or the "Company") that they resign from the Company's board of directors with effect from September 29th and 25th respectively. THL and SoftBank will appoint new board representatives to replace Magnus Tornling and Ram Trichur in due course. The co-chairs of the board of directors thank both Magnus Tornling and Ram Trichurfor for their valuable contributions to the board. The board of directors will continue to constitute a quorum after the announced resignations and appointments.
For further information, please contact:
Hiva Ghiri, VP Investor Relations, +47 958 66 790 email@example.com
AutoStore, founded in 1996, is a robot technology company that invented, and continues to pioneer, Cube Storage Automation - the densest product/inventory storage solution in existence. The company's focus is to marry software and hardware with human abilities to create the future of warehousing. AutoStore is global, with more than 950 systems installed in +40 countries over a wide range of industries. All sales are designed, installed, and serviced by a network of qualified system integrators - which AutoStore calls 'partners'. The company's headquarters is in Nedre Vats (Norway), with offices also in Oslo (Norway), in the U.S., UK, Germany, Austria, France, Spain, Italy, Korea, Japan,and Singapore. Learn more at www.autostoresystem.com
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
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