AFYREN’s Shareholders Approve All Resolutions Proposed at 2022 Annual General Meeting

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CLERMONT-FERRAND, France & LYON, France, June 16, 2022–(Small business WIRE)–Regulatory Information:

AFYREN (Paris:ALAFY), a greentech business that manufactures biobased elements working with fermentation technological innovation and a round organization model, nowadays declared that its shareholders have authorised all of the resolutions proposed at its Yearly General Assembly (AGM) of June 15, 2022.

On very first contact, the vital quorum was attained, the shareholders owning voted represent 75.18% of the share cash and 75.36% of the voting legal rights of the enterprise. They authorised all the resolutions. Thorough outcomes are obtainable on the AFYREN website: https://afyren.com/en/investor/

These resolutions involve the approval of the appointments to the Board of Directors of Patrizia Marraghini as unbiased Director and Chairwoman of the Audit Committee, and of Caroline Lebel as Director.

AFYREN many thanks all the shareholders who have participated and welcomes the arrival of Mrs. Marraghini and Mrs. Lebel, who boost the competence and independence of its Board of Administrators.

Stefan BORGAS, Chairman of the Board of Administrators, mentioned: “We are delighted to welcome Caroline and Patrizia to the AFYREN Board of Directors. Their knowledge will provide a vast range of important skills and add to the positive dynamic of the Organization. These new appointments are component of a robust method of diversification of governance by way of which we hope to reach a harmony in the brief-to-medium expression. In the meantime, AFYREN’s improvement continues to gather momentum, notably with the finalization of development at its initial plant and a listing on the stock trade that will pave the way for its intercontinental deployment. Upcoming industrial projects underscore the company’s ambition and its means to run in the discipline in keeping with latest tendencies, when meeting the have to have to produce a lot more effective and sustainable sector.”

Watch special interviews with Patrizia Marraghini and Caroline Lebel

About AFYREN

Established in 2012 to meet the increasing need of industries to minimize the use of petroleum derivatives in their generation chain, AFYREN provides biomolecules derived from the reuse of non-food items biomass. These ingredients are extensively applied in human and animal nourishment, flavors and fragrances, cosmetics, and great chemical substances. This creation of renewable carbon, which is firmly grounded in the circular economy, uses fermentation systems that are the consequence of 10 a long time of study and are patented throughout the world. AFYREN is a winner of the 2030 International Innovation Contest in the “Plant proteins and plant chemistry” group and was selected in the French Tech 120 in 2020 and 2021. In 2018, AFYREN fully commited to its industrial project by making the AFYREN NEOXY joint venture with Bpifrance’s SPI fund. The AFYREN NEOXY plant underneath building in the Grand Est location will generate AFYREN natural acids in 2022. AFYREN and AFYREN NEOXY used more than 70 individuals at their web sites in Lyon, Clermont-Ferrand and Carling Saint-Avold. In 2021, AFYREN stated on Euronext Growth® trade in Paris, elevating a full total of 70.4 million euros with the goal of accelerating its industrial improvement (Afyren’s ISIN: FR0014005AC9, ticker: ALAFY).

For more data: afyren.com

See supply version on businesswire.com: https://www.businesswire.com/information/household/20220615005928/en/

Contacts

Investors: [email protected]
Press: James Connell – Bogert-Magnier Communications (+33 6 2152 1755) [email protected]

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