Xer Tech Holding AB Announces Martin Lidgren’s Decision to Step Down from the Board of Directors

Xer Tech Holding AB (publ) announces that Martin Lidgren has informed the Board of Directors of his decision to step down from his position as a member of the Board with immediate effect, following the recent birth of his daughter.

The decision has been made to allow Martin to take parental leave and dedicate more time to his family. The Board of Directors does not currently intend to appoint an immediate replacement for Martin and will continue to operate with its existing members.

Martin has served as a member of the Board of Directors of Xer Tech Holding AB and has contributed to the company’s development during an important period of growth and transformation.

“We would like to sincerely thank Martin for his contribution to Xer Technologies and for the commitment and expertise he has brought to the Board. We fully respect his decision to dedicate this important period to his family and wish Martin, his partner and their new daughter all the very best,” says John d’Abo, Chairman of the board of Xer Tech Holding AB.

Xer Tech Holding AB wishes Martin and his family all the best for the future.

For further information, please contact:

Erik Herlyn, CEO Xer Technologies AG

info@xer-tech.com | +41 44 515 59 37

About Xer Tech 

Xer Tech is a Swiss-based manufacturer of heavy-duty, long-range hybrid-electric unmanned aerial systems designed for industrial and governmental applications. Xer Tech's platforms support mission-critical dual-use operations including powerline inspections, mapping, surveillance, gas leak detection, emergency response and defense applications such as Intelligence, Surveillance, Reconnaissance and mine detection. Xer Tech Holding AB is listed on Spotlight Market in Stockholm (XER). Learn more at www.xer-tech.com.