The shareholders of Modulight Corporation resolved unanimously on 24 August 2021 that the Board of Directors will consist of Jyrki Liljeroos, Seppo Orsila, Petteri Uusimaa, Kalle Palomäki, Timur Kärki and Pia Kantola after trading in the Company's shares on the Nasdaq First North Growth Market Finland has begun. Timur Kärki and Pia Kantola are new members of the Company's Board of Directors. The new composition of the Board of Directors took effect on 30 September 2021 at 10:00 am, when trading in the Company's shares on First North began. The Board of Directors elected Jyrki Liljeroos as the Chairman of the Board at its organizational meeting held on 30 September 2021.