December 22, 2021
A meeting of the members of Smart Wires Technology Ltd. (“Smart Wires” or the “Company”) was held today, 22 December 2021.
In the meeting, the members of Smart Wires resolved to adopt the proposed 2021 Omnibus Incentive Compensation Plan of the Company (the “2021 Plan“) as proposed by the board of directors and substantially in the form appended to the notice conveing the meeting. The purpose of the 2021 Plan is to attract, motivate and retain employees of the Company and its subsidiaries, certain consultants and advisors who perform services for the Company or its subsidiaries, and non-employee members of the Board or board of directors or similar body of any of the Company’s subsidiaries. The 2021 Plan was approved and authorised for all purposes.
[The minutes of the meeting will be available at www.smartwires.com.]
Peter G. Wells, CEO
Tel: +1 (510) 340-9797
This information is information that Smart Wires Technology Ltd is obliged to make public pursuant to the Nasdaq First North Growth Market Issuer Rules. The information in this press release has been made public through the agency of the responsible person set out above for publication at the time stated via the Company’s news distributor Cision at the publication of this press release.