FAQ: u-blox Extraordinary General Meeting 2025 - Shareholder Approvals and Board Elections

What was the main outcome of u-blox’s Extraordinary General Meeting 2025?

Shareholders approved all motions proposed by the Board of Directors, including the election of new board members and the delisting of u-blox shares from the SIX Swiss Exchange.

Who was elected to u-blox’s Board of Directors?

Claudio Simao was elected as member and Chairman, while Ronald Ayles and Bernhard Spetsmann were elected as board members until the next ordinary general meeting.

When and where did the Extraordinary General Meeting take place?

The meeting was held on October 28, 2025, in Horgen, Switzerland.

What is the condition for the board elections and delisting to take effect?

All elections and the delisting are subject to, and effective as of, completion of the public tender offer launched by Advent International for all publicly held registered shares in u-blox.

What additional roles were assigned to the newly elected board members?

Claudio Simao and Ronald Ayles were elected as members of the company’s Nomination, Compensation and Sustainability Committee (NCSC).

How can shareholders access the meeting minutes?

The minutes of the Extraordinary General Meeting 2025 will be available on u-blox’ website in the coming days.

Who should investors contact for further information?

Investors should contact Rafael Duarte in Investor Relations at +41 43 547 0693 or [email protected].

What is u-blox’s core business and market focus?

u-blox is a global leader in positioning and short-range communication technologies for automotive, industrial, and consumer markets, providing high-precision technologies for precise positioning and wireless communication.