Modelon AB (publ) announced that the general meeting on 21 October 2025 resolved that the Board shall consist of six ordinary members. The general meeting also resolved to appoint Johan Andreassonas new board members for the period until the end of the next annual general meeting. Hilding Elmqvist has resigned from the Board.

The other board members will remain as board members. Jason Yoo has a BSBA degree in Finance from Georgetown University. He is representing Briarwood Chase Management.

Johan Andreasson lhas a PhD in Vehicle Dynamics from Royal Institute of Technology in Stockholm and is Chief Strategy Officer at Modelon. He is representing Noledom Holding AB.